Vice President, Compensation Greater Chennai, India Area
About the Role
Greater Chennai, India Area (On-site)(Chennai, India)
The Company is seeking a Vice President of Compensation to lead the strategy, governance, design, and operations of compensation, benefits, and payroll programs in India. Responsibilities include maintaining salary structures and job architecture, leading annual compensation cycles and executive pay governance, and overseeing benefits administration and payroll operations. The role partners with Finance and HR on budgeting, compliance, risk controls, audits, and reporting, while advising senior leaders on pay decisions and market trends. It also leads and develops the compensation, benefits, and payroll team and drives process improvements. Candidates should have at least 12 years of experience in compensation, benefits, and payroll management, preferably in financial services, and a degree or equivalent experience. Required qualifications include success designing and managing sales incentive plans, knowledge of relevant compensation regulations, and experience developing compliance frameworks and communicating with executives and employees. Strong analytical, communication, stakeholder-management, and leadership skills are essential, along with sound judgment, attention to detail, resilience, and the ability to manage competing priorities. Intermediate proficiency with Microsoft Office applications is also required.
Functions:
- Human Resources
About the Company
Pioneering commercial bank & financial services company
Industry
Banking
Type
Public Company (USB)
Age
employees
10,001+