Vp/first Vp, Rewards Specialist

6 days ago

Raffles, Singapore United Overseas Bank Limited Full time

**About UOB**:
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices.

Our history spans more than 80 years. Over this time, we have been guided by our values — Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

**About the Department**:
The **Human Resources **function balances organisational aspirations and employee needs, as we accelerate and strengthen people capabilities to enable sustainable business growth at UOB. Our team of Human Resources specialists are guided by four employee commitments: do what is right, build meaningful careers, make a real difference and lead by positive example.

**UOB Group Rewards** is responsible for the development of innovative and progressive corporate reward programmes/ solutions, as well as provide governance oversight on reward programmes across the group. We are the key drivers in the group-wide implementation of reward projects and programmes which are aligned to strategic objectives and aim to provide effective and timely business-specific rewards advice and solutions.

**Responsibilities**:

- Abreast of laws regulating rewards practices and drive rewards programmes changes to ensure competitive pay and governance on Total Rewards policies and practices that comply with statutory regulations and global standards, across business and countries.
- Provide technical advice in incentive plan design and drive governance to ensure alignment to regulatory requirements and business strategy.
- Development and implementation of rewards policies and solutions, in collaborations with internal teams.
- Develops and communicates Wellness solutions, policies and implementation of Wellness Programmes in the Bank.

**Job Requirements**:

- At least 8 to 10 years of direct experience in Compensation & Benefits or Reward.
- Prior experience working in Financial Services and/or Banking and regional experiences would be advantageous.
- Experience in designing, managing and implementing reward plans/ programmes in a medium/ large organization; experience in Corporate headquarter will be an added advantage.
- Strong knowledge of compensation and benefits principles and methodologies, international reward practices, legislative regulations and compliance.
- Strong project management, communication and stakeholder management skills.
- Good knowledge and experienced in incentive plan design and policy.

**Be a part of UOB Family**:

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