AVP, Performance & Rewards (HR)

Research, propose, plan, implement and review performance management, rewards and benefits program

Performance Management:

o Develop and execute performance management frameworks, including goal-setting, evaluations, and employee development plans, to enhance individual and organisational performance.

o Partner with HR Business Partners to drive performance improvement initiatives across the bank.

o Continuously assess and improve performance management processes to foster a high-performance culture.

o Provide data-driven insights and reports to senior management on performance outcomes and trends.

Total Rewards Support:

o Support the annual compensation review process, ensuring accuracy and compliance.

o Review sales and incentive campaigns for reasonability, provide sound assessments, and monitor effectiveness against KPIs.

o Maintain an updated repository of past campaigns for governance and future reference.

o Collaborate with HR stakeholders and Finance to align compensation and performance initiatives with business strategy, budget, and regulatory requirements.

Governance

o Manage governance processes for annual Fit & Proper assessments of senior management and Key Responsible Persons (KRPs), ensuring adherence to internal policies and regulatory standards.

o Oversee regulatory applications for the appointment and reappointment of GCEO and AIS CEO, including submissions to Bank Negara Malaysia (BNM).

o Ensure compliance with corporate governance guidelines and contribute to HR policy development, particularly those related to performance, benefits, and executive appointments.

Benefits Management:

o Conduct regular benchmarking of benefits against industry standards and recommend enhancements.

o Design and optimise employee benefits programs, including health, retirement, and wellness initiatives.

o Manage annual Group insurance renewals and provide benefits advisory support.

o Lead communication and promotion of benefits programs to ensure clarity and employee engagement.

Change Communications & HR Education:

o Develop and implement HR change communication strategies to support P&R initiatives, policy updates, and a high-performance culture.

o Create educational materials, toolkits, and resources to enhance employee understanding of HR processes and programs.

o Collaborate with the People & Culture team to ensure consistent and effective messaging across the organisation.

Actively support business initiatives and projects in the bank via fulfilment of specific total rewards needs to drive performance.

Requirements:

Skills

Data analytics and problem solving skill

Advance Excel skills (in absence of core system)

Detail conscious and agile planning skills

The ability to work as part of a team and independently

Knowledge

Degree in Human Resource, Business, Management, or related field

Certification in Total Rewards (CTRS/CTRP) or equivalent

Knowledge of relevant laws, regulations, and compliance related to compensation and benefits

Experience

8 to 10 years of experience in performance management, benefits and governance processes

Familiarity with benefits best practices and performance management

Good understanding of HR governance, including Fit & Proper assessments and regulatory submissions

Experience with performance management system

Demonstrate analytical and problem solving skills with the ability to interpret data and make tactical recommendations

Good communication and interpersonal skills, with the ability to collaborate across functions and positively influence HR stakeholders

Good project management skills with the ability to manage multiple initiatives in a fast-paced environment