Analyst, Reward

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Essential Functions

• Execute Reward, Performance and Recognition strategy, policy and plans in conjunction Team leadership. Support the implementation of (REMCO) reward mandate and manage any subsequent REMCO amendments.
• Contribute to hiring efforts, collaborating with Talent Acquisition Team and P&CBPs to provide attractive Rewards to close hiring transactions successfully.
• Support in the provision of Reward, Performance and Recognition-related advisory to PCBP’s, Line Managers, Business Unit heads and employees, with regards to employees and NFTEs                                                          
• Provide support in respect of changes to remuneration policies and unpack these changes to enhance understanding.
• Execute the Quarterly Beyond Excellence and Annual Mark of Excellence Awards, NFTE recognition process to effectively enhance employee engagement and performance contributions. Enhance other local recognition programs
• Ensure compliance with all applicable policies, standards, systems, processes, and procedures
• Check the integrity of data collated, assessing systems used and reports received to ensure the quality of information gathered and generated meets the required standards.
• Manage and track the annual performance cycles from goal setting to performance ratings, providing insights on compliance, deviations and corrective efforts during the cycle
• Compile reports on performance ratings to identify low performance areas and assist in facilitating conversations to identify and suggest interventions to assist in addressing this and therefore enable the management of business performance in real time.
• Use of data to gather insights and provide advice, guidelines and information with regard to individual performance to stakeholders
• Collect and analyse data for people decisions, in order to remove bias.
• Apply analytics and statistical modelling and relevant tools on historical and current data for predictive and prescriptive modelling to support decision making related to the implementation of new or revised solutions.

Education

• Required/Preferred: First Degree in Accounting, Statistics, Sciences or numerical field is Required
• Professional Qualification
• Chartered Accountant i.e. ACA/ACCA etc. is REQUIRED
• Data certification or knowledge is Preferred

Work Experience

Required/Preferred

• 3-4 years comprehensive experience working with data from various sources and using the data to produce meaningful, actionable insights.
• 3-4 years' experience conducting research on best practice with an ability to identify sources and compile reports and recommendations from the research.

Total number of years' experience

• 5-7 years

Behavioural Competencies:

• Adopting Practical Approaches
• Examining Information
• Interpreting Data
• Developing Expertise
• Team Working
• Understanding People
• Upholding Standards
• Establishing Rapport
• Producing Output
• Showing Composure

TECHNICAL COMPETENCIES

• Project Management
• Stakeholder Management
• People & Culture
• Process
• Consulting Agility
• P&C Operations
• Quality Management
• Quality Orientation
• Data Quality
• Governance - Risk - Compliance
• Risk Awareness