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Citi

Compensation Lead - Senior Vice President

Reposted 2 Days Ago
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In-Office
Mumbai, Maharashtra
Senior level
In-Office
Mumbai, Maharashtra
Senior level
The Compensation Lead will oversee compensation strategies, manage complex assignments, conduct analyses, and provide training within the HR team. They will collaborate with senior officials and influence compensation policies across regions.
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Whether you’re at the start of your career or looking to discover your next adventure, your story begins here.  At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks.  We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning.  You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism. 

Shape your Career with Citi

Citi’s Human Resources (HR) team helps Citi to attract, retain and develop our employees across the globe.  The team does this through supporting key areas including recruiting, diversity, global learning and talent development, benefits, compensation and employee relations.

We’re currently looking for a high caliber professional to join our team as Compensation Lead - Sr. Vice President, - Hybrid based in Mumbai, India. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. 

The Compensation Sr Lead Analyst is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant direct business results or authoritative advice regarding the operations of the business. Necessitates a degree of responsibility over technical strategy. Primarily affects a sub-function. Responsible for handling staff management issues, including resource management and allocation of work within the team/project.

In this role, you’re expected to:  

Responsibilities:

  • Applies specific functional expertise in Compensation principles, practices and procedures in the completion of complex assignments.

  • May be responsible for designing and implementing plans for a function or business unit within a region.

  • May develop strategy that has notable impact on compensation end results.

  • Coordinates annual compensation process for salary review, bonuses and stock awards.

  • Conducts benchmarking, market, and internal equity analyses. Performs targeted bonus and stock analyses.

  • Serves as a reference for salary recommendations, and perform job evaluations in connection with same.

  • Applies expertise in compensation principles, practices and procedures to conduct compensation and benefits programs.

  • Performs job and compensation analytics and develop compensation process improvements utilizing People Soft, HRIS systems, and Visual Basic.

  • Manages multiple projects across multiple work streams.

  • Provides ongoing training to compensation and HR generalist teams on variety of compensation subjects.

  • Provides consultation and respond to inquiries from HR generalists and business managers on compensation, recognition-related issues and process improvements.

  • Works closely with subject matter experts to develop and modify compensation strategy, policy and approach for Citi entities in Latin America, EMEA, Asia Pacific and North America.

  • Liaises with global, senior HR officials to ensure data quality, integrity and consistency during compensation analysis and program transitions.

  • Additional duties as assigned

  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

  • 10+ years of experience

  • Proficient in Microsoft Office with an emphasis on MS Excel

  • Ability to meet deadlines while dealing with multiple priorities.

  • Consistently demonstrates clear and concise written and verbal communication skills

Education:

  • Bachelor’s/University degree, Master’s degree preferred

This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

Working at Citi is far more than just a job. A career with us means joining a family of more than 200,000 dedicated people from around the globe.

At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

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Job Family Group:

Human Resources

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Job Family:

Compensation & Benefits

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

 

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi’s EEO Policy Statement and the Know Your Rights poster.

Top Skills

Hris Systems
MS Office
Excel
People Soft
Visual Basic

Citi Mumbai, Maharashtra, IND Office

Bandra Kurla Complex Road, Mumbai, Maharashtra, India, 400051

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