Senior Reward Specialist offering reward advisory expertise in Corporate Investment Banking at Absa Group. Collaborating with Human Capital to shape remuneration strategies and ensure compliance.
Responsibilities
Provide expert advice and recommendations to line managers and human capital stakeholders on reward-related matters within the Group framework and policies.
Implement the Group Remuneration strategy within the Cluster, ensuring alignment with policies and procedures across South Africa and the African markets where Absa operates.
Lead the annual pay review process, guiding Human Capital (HC) and senior management through the validation of data, distribution and analysis of increase and incentive pools, and communication of pay review outcomes.
Provide actionable data insights and craft data-driven narratives that are informed by market trends, benchmarking, and internal analyses to support Human Capital (HC) and senior management in making strategic reward decisions.
Upskill Human Capital (HC) and line managers on reward methodologies, market data utilization and communication of reward outcomes to colleagues on an on-going basis.
Manage the governance approval process for hires and reward programs, ensuring compliance with Group policies.
Requirements
Minimum requirement of a Degree or an Advanced Diploma (NQF 7) or the equivalent.
Minimum 5 years’ experience in a Reward focused or similar role.
Reward management experience gained through Reward consulting or in Financial Services, preferably Corporate & Investment Banking (CIB) or Asset Management.
Global reward management experience, preferably across African markets.
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