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Overview
VP, Governance and Strategy Jobs in Abu Dhabi – UAE at First Abu Dhabi Bank
Title: VP, Governance and Strategy
Company: First Abu Dhabi Bank
Location: Abu Dhabi – UAE
Type: Full Time
Category: Finance, IT/Tech
Position: VP, Reward Governance and Strategy
Job Description
JOB
PURPOSE:
• Provides expert advice on reward governance and remuneration regulation matters and manages the design and execution of relevant policies and procedures .
• Reviews and provides advice and support on design and execution of proposed fixed and variable compensation for all countries to ensure compliance with local regulations.
• Supports the Head of Rewards in creation of Group Reward strategies ideation, design and execution
• Responsible for Reward policies and procedures are clearly defined with appropriate controls, approval levels and governance procedures which are fit for purpose.
• Monitors all local and international regulations, pertaining to compensation as well as data protection / data privacy and maintains database of these regulations.
• Manage all reward related analytics, including data consolidation and preparation, data cleaning, model development and insights generation.
• Partners with Head of Rewards to manage the Rewards Dashboard.
• Examines data and statistics for trends and patterns with attention to recruitment, hiring practices, turnover, and compliance with employment laws and regulations.
• Monitors data management procedures and compliance within all areas of rewards.
• Monitors and ensures adhereance to al Bank specific giovernance framework for all Rewards and Rewards related activities.
• Maintaining minutes of various committee meetings as appropriate and ensuring actions and deliverables as per agreed action plans.
KEY
ACCOUNTABILITIES:
• Creation of design documents for Rewards strategy with plans for execution
• Monitors data management procedures and ensures compliance within all areas of rewards related .
• Identifies, recommendsand tracks reasonable short- and long-term goals, milestones, and benchmarks for key performance metrics.
• Prepares reports of data results with clear and concise visualizations, identifies key trends and insights, and explains findings to senior leadership.
• Performs audits and determines whether Group Rewards team needs to alter any procedures to comply with the regulations.
• Monitors all local and international regulations, pertaining to compensation as well as data protection / data privacy and maintains database of these regulations.
• Regularly reviews existing frameworks and ensures compliance with the most recent regulations and internal frameworks.
• Manages RCSA processes for Rewards and reviews key risk indicators as per the RCSA framework.
• Prepares Business Continuity Analysis (BCA) documentation for Rewards.
QualificationsQUALIFICATIONS &
EXPERIENCE:
Basic requirements
Ability toengage with key stakeholders and communicate across various teams
Ability tounderstand complex problems and explain them in a simple and precise manner to stakeholders Advanced Excel experience that enables you to get the level of analysis required to deliver data insights to your stakeholders
Ability towork well as part of a cross-functional team and lead across the organization at multiple levels
Ability todeep dive into issues and have a keen eye for detail Minimum Qualification Bachelor’s degree. Master’s degree preferable Certified Compensation Professional (CCP) preferred Minimum Experience 8-10 years of experience in Core Rewards Exp[erience in Rewards Governance in a top tier consulting firm or in a large multinational bank Rewards strategy design, compensation an…