HR Reward Product Specialist

Deutsche Bank

2 - 5 years

Bengaluru

Posted: 12/17/2024

Job Description

Job Description:

Job Title: HR Reward Product Specialist

Corporate Title: Associate
Location: Bangalore

Role Description

The Performance and Reward Enablement team is a key pillar of the Reward and Performance organisation, enabling coordinated and consistent processes across the product portfolio. The Product Specialist is responsible for the day-to-day delivery and support of P&R products and processes.  The role works in close partnership with broader Reward and Performance team, Digital team, Divisional/regional HR, to ensure effective delivery of end-to-end processes.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

  • Best in class leave policy
  • Gender neutral parental leaves
  • 100% reimbursement under childcare assistance benefit (gender neutral)
  • Sponsorship for Industry relevant certifications and education
  • Employee Assistance Program for you and your family members
  • Comprehensive Hospitalization Insurance for you and your dependents
  • Accident and Term life Insurance
  • Complementary Health screening for 35 yrs. and above

Your Key Responsibilities

  • Actively contribute to the successful delivery of end to end global group wide variable compensation and fixed pay review processes
  • Hands on support for P&R product specialists and Divisional Reward on global delivery and rollout of products, processes or policies e.g. project tracking, planning etc. 
  • Work in partnership with Group Reward to facilitate the Senior Exec Compensation Committee process and any other relevant Group Committee
  • Produce effective communication or reference materials to support managers and employees in the use of any P&R product or process e.g. updating HR Connect pages, system guides, manager FAQs, HR Direct training etc.
  • Supporting the delivery and implementation of P&R products and processes across the Bank, from launch through to post implementation review e.g. Recognition Award, Spotlight Survey, Total Performance skills building etc.
  • Support and potentially own relationships with relevant stakeholders including both internal colleagues across the Bank and external contacts such as vendors
  • Support the delivery of processes or analytics related to P&R regulatory requirements and audits e.g. MRT objectives QA, IDFs, Control Function Input etc.
  • Ad-hoc reporting and analysis of P&R data using MS Excel and/or Access as needed
  • Work individually or in wider teams to improve process performance by solving problems and identifying and implementing continuous improvement opportunities
  • Understand the P&R systems in depth and working alongside HR technology teams to deliver improvements and enhancements as needed e.g. dbPerform, dbPrism and Reward Platform
  • Complete data audits and cleanses as required and ensuring any follow up actions are completed on time
  • Support the annual job matching and market benchmarking process
  • Provide support for the creation and maintenance of internal compensation ranges
  • Any other relevant P&R activities as required

Your Skills & Experience

  • Experience in a HR environment (Reward/Performance experience beneficial)
  • A consultative and collaborative approach to problem solving
  • Experience in HR systems and technology
  • Experience in process design and improvement
  • Experience in handling large data sets 
  • Strong analytical and reporting skills
  • Good communication and interpersonal skills
  • Attention to detail and the ability to multi-task
  • Integrity and discretion in dealing with sensitive information

You will be: 

  • Proactive and driven
  • Organised and logical in your approach
  • Highly proficient with MS Office products, in particular Excel and PowerPoint
  • A strong team player
  • Able to coordinate, prioritise and deliver multiple tasks and projects to strict deadlines
  • Innovative with a commitment to change and process improvement
  • Able to deal with ambiguity, complexity and fast paced environment

How we’ll support you

  • Training and development to help you excel in your career
  • Coaching and support from experts in your team
  • A culture of continuous learning to aid progression
  • A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

About Company

Deutsche Bank is a multinational investment bank and financial services company, offering services like asset management, corporate banking, and investment banking. The company is a major player in global financial markets, focusing on risk management and capital raising for clients.

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