Performance & Reward Manager

Job description

Role Title: Performance & Reward Manager
- 12 month FTC Maternity Cover
Business: Global Businesses
New or Existing Role? New
 
Role Purpose
Reporting to a Senior Manager, Performance and Reward, the individual will be responsible for driving the performance and reward agenda for select GPB businesses on a global basis
- Global Markets, PWS and CAO. This includes providing strategic guidance on performance management, executive compensation, employee compensation and benefits. 
Key Accountabilities
Impact on the Business
Support the year end pay review process including communications, systems support, reporting and problem resolution
 Plan for new initiatives such as the PIR workstreams  and support their embedding within the P&R framework and HR and the business
Communicate and support co-ordination of relevant processes and implementation throughout the year
 
Customers / Stakeholders
Establish and maintain close working relationships with HRGs to ensure business managers are provided with timely strategic advice for performance management, comp and benefits
 Maintain expert specialist knowledge by keeping abreast of published materials, competitor practice, external market developments and trends and legislative and regulatory developments
Act as product champion for (P&R) to stakeholders across the HR function and within the business, building awareness and adoption of relevant products and processes, including the use and acceptance of TC, incorporating local business needs and regulatory requirements as appropriate
 Interpret and advise on policy and act as subject matter expert to the relevant businesses
 
Leadership & Teamwork
Navigate the HR matrix, ensuring compliance of Group, geography and global line HR agendas for area of expertise
 Lead the pay review process for client group, bringing thought leadership and advice to HR and business managers
 Establish and sustain an effective network of business stakeholders to facilitate understanding of the business issues and the development and dissemination of ideas
 
Operational Effectiveness & Control
Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
 Compliance with HR FIM
 Implements the Group Compliance Policy, as applicable to the role
 
Major Challenges
Demonstrating the commercial/regulatory imperative of the Group Reward strategy – ensuring client buy in
Competitive market-orientated strategy in uncertain/challenging global market conditions
Drive for meritocratic performance-driven Reward culture
 
Role Context
Business environment/maturity
Legal/regulatory environment
 
Management of Risk
The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.
Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.
 
Observation of Internal Controls
The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.
This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.
 
Role Dimensions
Business headcount
Business profitability
Strategic positioning and complexity of business
Employee relations environment
Number of business locations/geographic complexity
 

Desired profile

Knowledge & Experience / Qualifications
Graduate degree with preferably additional post graduate qualification in human resources, tax, accounting of other business related discipline (or equivalent)
Experience of Performance and Reward practice in a complex global matrix business
A good understanding of the wider HSBC Group and its businesses
Excellent interpersonal skills and communication skills and strong customer orientation
Strong analytical skills; ability to interpret and apply market data and trends
Ability to work in a virtual set-up and influence counterparts in Regional P&R teams.
Ability to apply critical analysis and judgment when reviewing activities; ability to recommend creative and feasible solutions
Strong business acumen, able to link business strategy to people practices
Ability and willingness to contribute to the broader team and work as an effective team member
 
 
We are an equal opportunity employer and are committed to creating a diverse environment.

About HSBC

HSBC est l’une des plus grandes banques internationales avec une présence dans plus de 85 pays dans le monde. Elle a été créée en 1865 sous le nom de « The Hongkong and Shanghai Banking Corporation », et son siège social est basé à Londres. En France, HSBC totalise environ 400 agences et près de 10 000 salariés, avec une spécialisation dans plusieurs activités : une banque pour les particuliers, spécialisées notamment dans la gestion de patrimoine, une banque privée (gestion de fortune), une banque d’entreprises, qui s’appuie sur le réseau de l’ensemble du groupe HSBC dans le monde, et une banque de financement, d’investissement et de marchés. En 2012, HSBC France a réalisé un résultat avant impôt de 450 millions d’euros.