Assistant Vice President - HR Business Partner

Job Title: Assistant Vice President - HR Business PartnerLocation: New Delhi, IndiaPerm/Contract/ Full-time/Part-time: PermanentOn-site/Hybrid/Remote: On-site

Who We AreRobert Walters is the world's most trusted talent solutions business. Across the globe, we deliver recruitment, outsourcing, and talent advisory services for businesses of all sizes, opening doors for people with diverse skills, ambitions, and backgrounds.

Our Outsourcing service delivers recruitment for some of the world's top employers, and we are currently recruiting on behalf of one our client which is the Fifth largest global bank globally by assets, with 2400 locations in over 50 markets. Our client has approximately 360 years of history. Its global network has over 180,000 employees. It was ranked as the fourth largest in the world.

The RoleOur client is seeking an Assistant Vice President - HR Business Partner in the Banking division.This role offers an exciting opportunity to join a global team, providing top-tier service to existing and prospective clients while expanding the business on a product and global level.

Job Description:Purpose of Role:HR Business Partner is responsible for managing overall execution of Human Resource priorities in the country. The role will have scope of priorities across the business functions as the liaison with country and regional HR functions. Leads the strategic design and implementation of major regional HR initiatives and programs.

Develops regional HR organizational strategies based on business and industry trends and experiences. In this scope, the incumbent will work closely with senior executives and senior leaders of various business functions ensuring alignment of strategic priorities and execution.As an HR team member lead the Compensation and Benefits, where you'll play a pivotal role in shaping our compensation strategies and ensuring fairness and transparency across our operations in India and Sri Lanka. This position offers a unique opportunity to influence and drive our rewards system, aligning it with both local and global standards

Main ResponsibilitiesHR Business PartnerStrategic Collaboration and advisory: Work closely with business heads to develop strategies that align with the unit's business needs and forecast talent requirements in line with the business strategy.HR Management: Collaborate proactively with managers on all aspects of human resources management, ensuring smooth day-to-day operations.Regulatory Guidance: Advise on regulations related to hiring, termination, performance management, and compensation to ensure compliance and best practices.Performance Management: Ensure adherence to performance management policies and procedures, providing guidance and support to managers and employees.Employee Relations: Consult on employee relations counselling and address people and culture issues to foster a positive work environment.Career Management: Participate in the implementation of career management programs, supporting employee development and growth.HR Practices and Ethics: Provide guidance on HR practices and ethics, ensuring alignment with organizational values and standards.Engagement and Communication: Work closely with HR peers to drive engagement in HR enterprise-wide strategic initiatives and ensure effective communication of issues, plans, and responsibilities.Best Practices and Compliance: Share and support best practices in talent lifecycle activities, including annual performance reviews and succession planning.Organizational Change Management: Manage organization structure changes and talent integration to support business transformation.Project Management: Manage specific projects as required and participate in functional and cross-functional initiatives to drive HR excellence.

RewardsData Preparation and Analysis: Lead the preparation of data for annual salary reviews, promotions, and compensation benchmarking. Maintain and update comprehensive compensation databases and job structures to ensure accuracy and efficiency.Benchmarking and Transparency: Spearhead the annual compensation benchmarking process, fostering transparency and fairness within the system. Proactively collect and analyse market data to compare internal pay structures with market benchmarks.Stakeholder Engagement: Lead discussions with HR members, business managers, country leadership, and regional partners to align compensation strategies with organizational goals.Job Evaluation: Conduct thorough job evaluation processes for key roles, ensuring parity and alignment with the organization's operating model.Rewards Cycle Management: Oversee the annual rewards cycle in collaboration with business leaders, HR members, and regional/global guidelines, maintaining internal and external equity across business units in India and Sri Lanka.Regulatory Compliance: Provide support and guidance on Country Head compensation, ensuring adherence to applicable regulatory requirements.Policy Development: Review and formulate benefits and policies for India, drawing on existing practices, emerging trends, peer benchmarking, and regional guidance to support employee well-being and compliance with laws.Audit and Documentation: Ensure all compensation and benefits activities comply with company policies and legal requirements.

Maintain audit-ready documentation and support internal/external audits as needed.Process Improvement: Identify and support initiatives to enhance compensation and rewards processes and systems, driving continuous improvement and efficiency.

HR GovernanceCompliance Management: Ensure HR practices, particularly in compensation and benefits, comply with company policies, statutory regulations, and audit standards. Maintain up-to-date knowledge of relevant laws and regulations to guide HR operations.Regulatory Roadmap Development: Review and prepare a detailed roadmap for implementing upcoming labour codes and regulatory changes, ensuring smooth transitions and compliance.Union Relations: Partner with union members to plan and execute effective relationship strategies, fostering a collaborative and positive work environment.Audit Support: Support internal and external audits by providing necessary documentation and responses, ensuring transparency and adherence to audit standards.Policy Implementation: Collaborate with HR and business leaders to implement policies that align with organizational goals and regulatory requirements.Documentation and Reporting: Maintain accurate and audit-ready documentation of HR processes and compliance activities, supporting efficient reporting and record-keeping.

Functional SkillsComprehensive understanding of HR policies and proceduresGood understanding of the hiring process and talent lifecycle, annual review process covering both performance and compensation, and succession planningUnderstanding of and familiarity with HR best practicesKnowledge of employment/labour laws and current regulationsExperience using Human Resources Information Systems (HRIS), database management and record keepingDemonstrated employee relations skillsProject management, communication and presentation skills

Foundational SkillsCommunicates effectivelyIdentifies multiple paths to success using analytical and critical thinking as well as decision-making skillsExercises sound judgement, prioritizes effectively, and strives for continuous improvementEffectively collaborates with colleaguesLeverages available technology to drive efficiency and resultsUnderstands and applies industry trends and best practicesExhibits optimism, resilience, flexibility, and openness to others' ideasValues learning as a lifelong professional objectiveEngages inclusively and with intentAttention to detail and confidentialityAbility to manage multiple tasks and timelines

Candidate ProfileEducation & Professional QualificationsAt least 5 years of experience as an HR Generalist or HR Business Partner

Skills & KnowledgeGood stakeholder management skills to collaborate with other departments.At least 5 years of experience as an HR Generalist or HR Business PartnerGood communication skills.Strong computer skills (MS Word, Excel, PowerPoint).

This position is being recruited on behalf of our client through our Outsourcing service line. Resource Solutions Limited, trading as Robert Walters, acts as an employment business and agency, partnering with top organisations to help them find the best talent. We welcome applications from all candidates and are committed to providing equal opportunities.

Client promotes collaboration and aims to provide a supportive and inclusive environment where all individuals can maximize their full potential.

As we are continuously hiring for all our clients in the region, we will retain your CV in our database for any other positions that may fit your profile. Therefore, please let us know if you are not agreeable to that.