Deutsche Bank Looking For Benefits Manager – India at Karnataka Full Time

Job title:

Benefits manager – india

Corporate title: avp/ associate

Area of responsibility:

Manage performance and reward – india

Locations: mumbai/ bangalore/ pune

Reporting to:

Head – hr performance and reward india

Job description

Summary:

This position is part of the india hr team responsible for managing the end to end benefits processes under performance and reward processes and delivering the benefits products and solutions in the db india contextThe role is responsible for design, management and delivery for all employee benefits and wellness/ wellbeing initiatives for all of db india across multiple benefit types through multiple vendors and third party partner for 14000+ employees in india encompassing all entitiesThis position is also responsible for providing ongoing benefits education to hr and business to ensure understanding of benefits processes and governance requirementsThis position is also responsible for ensuring fulfillment of statutory and regulatory requirements within the benefits management space in the performance and reward context.

Key relationships/ interactions:

India hr team
Regional performance and reward team
Hr business partners/ advisors
Corporate insurance
Finance
Group tax
Legal
Corporate communication
Corporate services
External service providers
Auditors
Regulators (limited interaction for performance and reward topics, if required)

Key requirements:

Implementation and application of global benefits processes and products in india
Develops first-level straw-man for any new benefits initiatives/ adaptations for india and engage global benefits/ performance and reward
Managing benefits benchmarking exercise including liaison with global benefits/ performance and reward, and service providers
Implements and review benefit schemes and policies (review of annual insurance and medical schemes, leave policies, financial well- being policies, employee assistance and wellbeing policies, childcare policies, car and house lease policies, etc.; updating communication materials, website content and letters, and organizing briefing sessions on scheme/ policy changes)
Local coordination of global annual year end benefits management processes
Manage local communication requirements including employee handbooks and hr connect content
Local facilitation for db benefit programs and governance requirements
First level conceptualization and engagement on local evp delivery including benefit and wellness programs
Education of hr teams and businesses on db’s benefits philosophy, practices and decision-making processes to ensure understanding and adherence to benefits processes and governance requirements
Ensures compliance with global/ local statutory/ regulatory requirements and face off with auditors/ regulators
Management of external service providers in necessary engagement with internal db stakeholders
Provides benefits advisory expertise for the solution of local business needs, complex individual queries, project-related initiatives and general implementation of benefits products and solutions
Responsible for the execution and delivery of onsite wellness projects as per global/ regional/ local plans (execute changes to benefits policies, organization of ad hoc intervention programs and events in partnership with external vendors, local networks and cross divisional departments)
Maintains close collaboration with external vendors with focus on improving the provision of current services, data reporting and program offerings

Person specification

Skills/knowledge/experience:

Recommended key competencies:

4-8 years experience into performance and reward area would be essential
Impactful communication and influencing skills
Advanced spreadsheet skills
Understanding of hr applications
Understanding of india labour law and regulatory landscape
Strong business acumen
Project management ability
Post-graduate qualification in business or hr

Client and service orientation
Collaboration and teamwork
Openness to innovation and change
Performance orientation

Assertive and resilient
Integrity, trust and fairness
Highly numerate
Analytical skills
Cost and risk management

Our values define the working environment we strive to create – diverse, supportive and welcoming of different viewsWe embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovationWe build talented and diverse teams to drive business results and encourage our people to develop to their full potentialTalk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performanceWe 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.

Hiring insights

Job activity

Posted 30+ days ago