IN_Specialist 3_BUHC_Human Capital_IFS_Mumbai

Job Description : Responsibilities: · Collaborate with BU / HC leadership to act on the changing needs and priorities of business and develop an appropriate HR strategy to meet business objectives · Proactively discuss and propose new HR initiatives, policies, and processes to the Competency leaders in consultation with the BU HC leader and the HC sub teams · Identify critical positions for the Competency to develop succession-plans for the same · Deploy the Performance management agenda for respective BU including setting performance goals, administering appraisal process, appraisal results, handle employee queries etc. and contribute towards maintaining a performance driven culture · Provide advice and recommendations to business on employee performance plan including measures, desired results, and standards · Lead the year end moderation discussions for employee appraisal process to ensure the reviews are conducted in a nondiscriminatory manner and the employee rating and promotions are fair · Programs manage the annual compensation review for the Sub SBU (Competency) in collaboration with the Total Rewards CoE and ensure that implementation of a cohesive market driven compensation philosophy · Guide and coach managers on conducting performance coaching discussions for their subordinates and ensure consistency in the performance process within location/ SBU wise · Implement and roll out process/ policies/ plans and initiatives whilst managing and promoting them with the support of the Competency leader and HC sub- teams · Implement and execute special HC projects within the business in conjunction with the business leader · Manage exit interviews and support the business in analyzing the data and provide innovative solutions to improve retention rates · Manage sensitive employee relation cases in compliance to stipulated procedure outlined by OGC Mandatory skill sets: · Proactive and robust thought process · Meticulous and committed attitude with an eye for detail and analytical abilities · Understanding of general HC policies and processes · Proficient in MS Office particularly Excel, PowerPoint and Word Preferred skill sets: · Strong interpersonal and communication skills · Strong business acumen · Ability to influence/persuade stakeholders · Open to learning and comfortable to work in a continuously changing environment Years of experience required: 1+ years Education qualification: MBA in HR