Vice President, Organisation

2 days ago

Singapore Temasek Full time

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Vice President, Organisation & People (Total Rewards)

Location:

Singapore, SG,

Group: Corporate Group

Department: Organisation & People

Section: Total Rewards

Job Type: Permanent

Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.

Our Purpose "So Every Generation Prospers " guides us to make a difference for today's and future generations.

Operating on commercial principles, we seek to deliver sustainable returns over the long term.

We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.

  • Be a thought leader who can partner with HR Business Partners and Talent Acquisition to advise and deliver practical solutions to the business on compensation, mobility and benefits practices
  • Collaborate with senior leaders and cross-functional teams to align reward strategies with business objectives while ensuring adherence to legal and regulatory requirements related to compensation processes and records
  • Creativity in structuring compensation offers including valuing deferred compensation buyouts
  • Conduct benchmarking studies and research industry best practices to support the development and enhancement of compensation and benefits strategies
  • Drive effective communication and engagement strategies on rewards programs and initiatives.
  • Develop and refine the compensation planning worksheets and excel-based simulations to support incentive plan designs
  • Stay updated on emerging trends and developments in Total Rewards (including Mobility) and provide strategic recommendations based on market insights
  • Build and maintain strong relationships with external vendors, consultants, and industry networks to leverage expertise and stay informed about emerging practices
  • Own the incentives reconciliation and financial reporting processes to analyse the financial impact of reward programs and provide recommendations for optimisation
  • Work on audit requirements relating to compensation processes and records, ensuring accuracy and compliance
  • Lead the development and implementation of any rewards projects, structure and processes
Requirements
  • Minimally 12 years of relevant work experience in compensation
  • Accounting/Finance/Economics/Statistics or related degree will be an advantage
  • Excellent proficiency in Microsoft Excel and Powerpoint. Programming/computing knowledge is an advantage
  • Strong communication and interpersonal skills are essential
  • Ability to work collaboratively and pivot in a constantly evolving environment
  • Self-starter who enjoys working in a fast-paced environment, strong attention to details and high degree of accuracy for both numerical and written work are critical success factors
  • Knowledge of financial services industry will be an advantage

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