job description - Compensation & Benefits Analyst
- The Compensation & Benefits officer will be responsible for the management of employee compensation & benefit plans in the Holding Company and support the Group’s overall compensation and benefits standards, engage regulators and all banking subsidiaries and non-banking business units.
Key Responsibilities & Duties
- Payroll management & administration
- Provide up-to-date, quality advice to employees on benefits matters, Personal Income Tax and other statutory deductions
- Statutory remittances administration & reconciliation
- Analyse and evaluate services, coverage and options available through insurance companies to determine programs best meeting the needs of the Group (HMO Administration, Group Life & Group Personal Accident Insurance Scheme and BUPA International Insurance Scheme)
- Exit management
- Loan & benefits administration
- Manage Expatriate & Immigration issues and coordination
- Prepare the Group Budget/Pledge Monitoring
- Ensure compensation & benefits standards comply with the Group’s policies and/or other regulations by maintaining and updating policies, procedures and guidelines
- Maintain effective records and administration
- Reporting and handling of enquires from all subsidiaries (Banking and non-banking subsidiaries)
- Review reports for subsidiaries and make enquiries from subsidiaries HR where needed
- Provide and review guidelines and policies on compensation and benefits for the Group
- Perform location visits to perform checks on adherence to Compensation & Benefits Group policies
- Utilizing HR information systems to access, input and compile data for the team
Education and Experience
- A minimum of 5 years previous experience in a Generalist HR role, with a proven track record in working as a Compensation & Benefit analyst to deliver contemporary HR practices.
- Bachelor's Degree in Human Resources, Business Administration, or Social Sciences.
- Experience designing, developing, and supporting organization-wide programs that cover talent acquisition, coaching, data analytics, and relationship management.
- Previous experience in capturing metrics and producing various employment reports.
- Experience in different avenues for talent acquisition e.g., social media, networking, employee referrals, job postings, as well as conducting open houses and virtual job fairs.
- Professional certification in Human Capital from any of Chartered Institute of Personnel Management (CIPM) Nigeria, Society for Human Resource Management (SHRM) or Chartered Institute of Personnel Development (CIPD) UK.
- Experience in financial services or management consultancy, a plus.
Skills Required:
- Accuracy and attention to detail
- Resourcefulness & Resilience
- Proficiency in the use of MS Excel
- Analytical skills
- Excellent time management and organization skills
- Interpersonal Skills
- Negotiation Skills
- Excellent Communications skills (written and oral)
- A solution driven mind-set
- Vendor Management.
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Guaranty Trust Holding (GTCO) is a financial institution that offers retail and investment banking, and many more, serving over 24 million customers across 10 African countries and the UK