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HR Reward Product Specialist

Deutsche Bank

Deutsche Bank

Product, People & HR
Bengaluru, Karnataka, India
Posted on Friday, June 28, 2024

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:

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.