Health And Benefits Manager

Singapore, Singapore

Job Description


Role Responsibilities
The role will maintain global oversight of the Bank\xe2\x80\x99s non-insurable benefits offerings to help position the Bank as a diverse and inclusive employer of choice.

Strategy

  • Partner with senior global stakeholders across countries, business and functions in the development and execution of the Bank\xe2\x80\x99s Benefits Strategy, aligned with our Fair Pay Charter.
Responsible for maintaining global oversight of the Bank\xe2\x80\x99s non-insurable benefits offerings, including but not limited to:
  • Leave (e.g. Annual Leave, Block/Compliance Leave, Sabbaticals, Prolonged Illness Leave, Parental Leave)
  • Cars and/or Car Allowances
  • Other Benefits Allowances (e.g. Meal Vouchers, Parking)
  • Long Service Awards
  • Accountable for the integration of strategy on global health and benefits with other aspects of the Bank\xe2\x80\x99s people strategy, including employee value proposition, performance, reward and benefits, sustainable engagement, and business performance.
Business
  • Develop consistent global guidelines for the Bank\xe2\x80\x99s non-insurable benefits offerings, which can be incorporated into local policies, taking into account the wellbeing of colleagues and with a focus on maximising employees\xe2\x80\x99 experience of benefits provided by the Bank.
  • Develop an effective approach to the analysis of global health and benefits data and provide insight to prioritise activity in a coordinated approach \xe2\x80\x93 data to include medical plans, health risk assessments, absenteeism and sickness, occupational health, as well as flexible benefit choices.
  • Identify and develop appropriate health-based interventions and initiatives to support the active management of health costs in partnership with the Insurable Benefits Manager.
  • Manage and monitor an effective approach to the analysis of health and benefits data at a local level, working with, and developing the skills of local teams, as well as with third parties.
  • Identify, develop and implement new initiatives to continue positioning the Bank as a diverse and inclusive employer of choice.
  • Support and provide subject matter expertise on design of non-insurable benefits within local offerings.
  • Partner with the HR and Benefits Operations teams in India and identify opportunities to harmonise and simplify benefits processes to drive efficiencies across the Bank.
  • Manage key global policies, including contract management and periodic review, where applicable, with support from the Benefits Operations team.
Processes
  • Process mapping to capture and maintain global benefits processes.
  • The HR Change Office in relation to benefits change requests.
  • Ensure holistic assessment of requests taking into account impact to systems, payroll, and benefits processes.
  • Where material/new Benefits Change is implemented, lead the assessment of current and development of new end-to-end designs and their translation into processes.
Risk Management & Governance
Take responsibility for -
  • Reflecting the Bank\xe2\x80\x99s governance requirements in the development of solutions for markets. This includes, but is not limited to, ensuring the appropriate consultations and approvals are sought ahead of benefit changes being implemented.
  • Facilitating business input towards the Bank\xe2\x80\x99s risk and governance requirements in relation to assigned contractual relationships (e.g., Third Party Risk, Cloud Governance, Outsourcing, Information & Cyber Security (ICS).
Regulatory & Business Conduct
  • Display exemplary conduct and live by the Group\'s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Display the Bank\'s Conduct Principles. Fair Outcomes for Clients, Effective Operation of Financial Markets, Financial Crime Prevention, The Right Environment.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
  • Global Head, Performance, Reward & Benefit (PRB)
  • Head, PRB Group Processes
  • Head, Wellbeing
  • Head, Benefits
  • Head, Pensions & Rewards Analytics
  • Benefits Managers
  • Performance, Reward & Benefits and HR Service Delivery colleagues in regions/countries
  • Benefits Operations team
Other Responsibilities
  • Maintain a detailed knowledge of benefit offerings and new trends and developments in benefit design and governance for countries in the Bank\xe2\x80\x99s footprint.
  • Take the lead or support on benefit projects as may be agreed from time to time within the team, for example, roll-out of flexible benefits or review of leave practices.
Our Ideal Candidate
  • Bachelor\xe2\x80\x99s degree in business, public health, HR or related field.
  • Overall 8+ year of experience in Human Resource with 5+ years relevant in Employee Benefits programs.
  • Familiarity with analytical software would be a plus.
  • Knowledge and experience of the diversity of benefits legislation, customs and practices across the Group\xe2\x80\x99s footprint, with associated complexities of plan administration and payroll processes.
  • An understanding of the range of delivery approaches for different benefits.
  • Experience of best practice within major multinational companies.
  • Experience of change and benefits process re-engineering preferred.
  • Communication skills to articulate complex issues simply and comprehensibly.
  • Ability to interface and influence at all levels or the organisation, including with senior leadership.
  • Proven abilities in vendor management and establishing effective partnerships with external service providers to ensure a high-quality service to the Bank.
  • The ability to work independently; identifying and prioritising key issues and then managing them through to conclusion.
  • Focus on high standards, quality and high attention to detail.
Role Specific Technical Competencies
  • Benefits Programs
  • Data Gathering and Analysis
  • Effective Communications
  • HR: Policies, Standards and Procedures
  • Human Resources Consulting
  • Operational Risk
About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:
  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
  • Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
  • Flexible working options based around home and office locations, with flexible working patterns
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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Job Detail

  • Job Id
    JD1278144
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned