Rewards Analyst, Abu Dhabi Islamic Bank UAE

Abu Dhabi Islamic Bank (ADIB) is seeking a highly skilled candidate for the job position of Rewards Analyst in Abu Dhabi, UAE. ADIB is a leading islamic bank, Headquartered and listed in Abu Dhabi, UAE. It is a public joint stock company with the purpose of being a Lifelong partner for Customers, Colleagues and Communities. The bank currently serves 1 million customers. It has combined a highly personalized customer experience with World-class digital banking services. ADIB has one of the largest Distribution network in the Emirates with more than 60 branches. Internationally, the bank has presence in 6 Strategic markets. The wider ADIB group provides Brokerage, Real Estate, Property Management, Payment and Insurance Services.

Job Purpose of Rewards Analyst

• Provide related advisory to the internal clients, analytical and other professional level support to the compensation and benefits function.
• Contribute to special studies, job evaluation, off-cycle salary and incentive revisions, participate in salary and bonus review cycles.
• Conduct analysis on internal and external remuneration statistics.

Job Duties of A Rewards Analyst At ADIB, Abu Dhabi UAE

Business Advisory

• Develop and design compensation schemes that support the business targets.
• Advise business on market trends in order to guide, support and facilitate decision making.
• Partner with Talent Acquisition team and other HR functions to provide advisory on reward related matters for new hires, internal transfers, etc.

Compensation & Benefits Benchmarking

• Participate in the annual salary & benefits surveys and analyse the results provided by the consulting firms.
• Conduct market benchmarking analysis and internal peer analysis to ensure external and internal equity.
• Review benefits and allowances to ensure best market practice is delivered to the bank.

Incentives Administration

• Receive, check and validate incentive payment requests provided by the business for approval by the Head of C&B.
• Review and assist in the designing of new sales incentive plans.

Compensation & Benefits Analysis

• Participate in compensation review: prepare proposals (salary, promotion, bonus).
• Assist in the designing of compensation structures and development of new best practice methodologies for ADIB Group.
• Review and design compensation packages for junior and mid level job vacancies/hires and international assignments.

Reward Analysis and Projects

• Provide high quality analysis through the use of Excel and other IT tools.
• Contribute in all compensation related projects throughout the calendar year e.g. UAE Nationals Analysis.
• Monitors the effectiveness of compensation and benefits programs and recommends modification to reduce costs and improve delivery.

Job Evaluation

• Conduct job evaluation for junior to mid-level roles using the Hay Methodology.

Database Management

• Prepare and maintain remuneration related databases, records and reports in order to enhance efficiency of data use among the team.

Functional Senior Analyst ENOC Dubai UAE

Qualification & Experience

Qualification

• Bachelor’s degree in human resources management.

Experience

• Minimum 4-5 years of experience in Compensation and Benefits in an International Organization.
• Finance or Equivalent work experience in a fast paced high performing environment.
• Financial Services experience.

Skills & Knowledge Desired

• Strong analytical skills
• Strong financial modeling
• Advanced MS-Excel knowledge (VBA, macros knowledge preferred)
• Good presentation Skills
• Good communication Skills
• Project management skills
• Team player

Manager, Compensation & Benefits ENOC Dubai UAE

Tagged as: business Analyst