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Compensation & Benefits AnalystGuaranty Trust Holding (GTCO)

LagosNigeria
2 years0 Applicants
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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

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