KCB is looking for a qualified individual to fill the following key position:
Head of Compensation
Head of Compensation
Job Ref: HR 08/2014
The Position: Reporting to Director, Human Resources the job holder will be responsible for management of staff remuneration and benefit schemes & programs (salary and allowances administration, Group ESOP Scheme, Group Bonus Scheme, Pension Schemes Liaison & Administration), the Job Evaluation Secretariat, the HR MIS System and Records, maintenance of HR Policies, HR Business Continuity Management Planning.
The Position: Reporting to Director, Human Resources the job holder will be responsible for management of staff remuneration and benefit schemes & programs (salary and allowances administration, Group ESOP Scheme, Group Bonus Scheme, Pension Schemes Liaison & Administration), the Job Evaluation Secretariat, the HR MIS System and Records, maintenance of HR Policies, HR Business Continuity Management Planning.
The job holder will also be required to provide expert advisory and analysis support for HR programs (review of benefits and benefit structures, retirement programs, proposals for salary and remuneration changes, development and maintenance of HR policies)
Key Responsibilities- Lead and Direct Department Team
- Develop and execute the annual departmental plan and budget within approved limits, consolidate and monitor Divisional Budget.
- Develop and maintain Business Continuity, Risk and Compliance Management & Regulatory Controls for Department and manage the HR BCM plan.
- Relationship Management of stakeholders: Heads of Human Resources of International Businesses, Remunerations Survey Consultants, Job Evaluation Consultants, Pension Scheme Service providers (Administrators, Fund Managers, Lawyers, Property Managers), Functional Directors, Boards of Trustees of the Pension Scheme, ESOP Scheme), RBA, Finance Division, Heads of Departments and Retail Network Regional Office Managers, Procurement.
- Manage the implementation of the Group Bonus and Remuneration Policies.
- Oversight Management of the Pension Scheme Liaison Services (Board of Trustees Secretariats, Implementation of Board Decisions, Payments to Service Providers and Vendors/suppliers, Service Provider Management).
- Oversight management of the Group Employee Share Option Plan (ESOP) and Staff Benevolent Scheme.
- Develop and maintain processes and procedures to manage/implement staff benefits and/or HR policies/programs (Staff Loan Scheme, Retirement programs, Staff Separation, Business Travel, and Payroll Instructions etc).
- Responsible for the Group Job Evaluation Secretariat and the implementation of actions thereof.
- Responsible for Management of the HR MIS System.
The Person
- Bachelor’s Degree in Human Resource Management or Business related field
- Professional qualification in CIPD or IHRM
- Postgraduate qualification will be an added advantage
- At least 8 Years’ Experience in HR at Management level
- 3 Years’ experience in Pension Administration,
- 3 Years’ experience in Job Evaluation/Job Analysis.
- Knowledge in Banking Operations
- Project Management skills
- Planning and Organizing skills
- Leadership & Advisory Skills
How to Apply
The above position is demanding for which the bank will provide a competitive package for the successful candidates.
If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level e-mail and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke
To be considered your application must be received by May 16, 2014.
Only short listed candidates will be contacted.
KCB is an equal opportunity employer
To be considered your application must be received by May 16, 2014.
Only short listed candidates will be contacted.
KCB is an equal opportunity employer