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Commonwealth Bank of Australia
Manager Executive Reward
Posted on Nov. 26, 2024
- Sydney, Australia
- 0 - 0 USD (yearly)
- Full Time
About the team
People are a key part of the Group’s strategy and HR partner with our business units in building a vibrant, customer focused and high integrity culture. Human Resources are the custodians of the employee lifecycle - from acquiring talent, through to leadership development and training, internal mobility, advising on employee relations, and delivering remuneration and benefits programs.
Key enablers include:
- Develop best in the world leaders to drive our culture
- Establish workforce capabilities to underpin our future success
- Build a strong foundation for flexibility
- Create a great experience for our people
The Executive Remuneration team is part of the Enterprise Leader Effectiveness (ELE) Centre of Excellence team and is responsible for managing remuneration arrangements and related processes for the CEO, Group Executives (GEs) and Executive General Managers (EGMs), Non-Executive Director fees, People & Remuneration Committee papers and external remuneration disclosures including the Remuneration Report for the Group.
Do work that matters:
Your role will focus on supporting the Executive Remuneration and the (ELE) Centre of Excellence team to be a market leader in executive remuneration practices including disclosures, remuneration strategy and policy and recognised thought leadership.
Key responsibilities of the role include:
- Designing and providing strategic, market competitive solutions, strategic advice and reward frameworks
- Building strong relationships with our HR partners and key senior business stakeholders across the Group
- Providing consultative executive reward advice across key projects
- Identifying and proposing effective and appropriate changes and enhancements to existing executive reward frameworks to meet internal and external needs
- Providing advice on internal and external market reward trends
- Providing innovative reward solutions that meet emerging business needs and regulatory requirements
- Maintaining an in-depth knowledge and commercial understanding of performance and reward (including Human Resources more broadly), identifying emerging trends impacting on the Group’s executive reward strategies and frameworks. Sourcing, analysing and modelling executive remuneration data and insights to inform reward solutions.
- Delivering external remuneration disclosures.
About you
To meet this challenge and be effective in this role you will be able to demonstrate:
- A track record in delivering broad reward projects and solutions within a large, complex organisation, preferably with a global presence
- Strong analytical skills and ability to concisely and quickly generate insights from data. Strong Excel skills are a given.
- Superior project management skills, evidenced by the delivery of reward projects and/or implementation of significant reward changes in a large corporate or consulting environment
- Strong interpersonal and stakeholder engagement skills and ability to build and maintain effective customer relationships
- Demonstrated ability of solving complex, ambiguous problems by working consultatively with others and demonstrated capability to take the lead and make decisions
- Achievements in managing situations where leadership and influencing skills are paramount to achieving success
- Curiosity to dig deeper, explore problems and underlying challenges.
- Understanding of the financial services environment is preferred but not essential
- Tertiary qualifications in Human Resources, Finance or business related field
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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