Compensation and Benefits Manager

MUST BE CURRENTLY BASED IN ABU DHABI. 

The ideal candidate will have a strong background in banking, financial services, and experience working within large, complex organizations. The role requires in-depth knowledge of compensation structures, benefits administration, and regulatory compliance in the UAE, with a specific focus on designing competitive packages that align with business objectives and retain top talent.

Key Responsibilities:

• Compensation Analysis: Conduct thorough analysis of compensation structures, salary benchmarks, and market trends to ensure competitive and equitable pay across the organization.
• Benefits Management: Oversee the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, and other perks.
• Job Evaluation: Evaluate new and existing roles to determine appropriate compensation levels and ensure consistency across departments and job families.
• Market Research: Conduct salary surveys and market research to assess competitive pay levels, identify gaps, and recommend adjustments.
• Incentive Programs: Assist in the design and management of short-term and long-term incentive programs, ensuring they are aligned with company goals and performance metrics.
• Compliance: Ensure that all compensation and benefits programs are compliant with local labor laws, banking regulations, and internal policies.
• Reporting: Prepare detailed reports on compensation and benefits expenditures, providing insights for senior management decision-making.
• Advisory Support: Provide guidance to HR and management on compensation structures, benefits offerings, and pay strategies to attract and retain talent.
• Budget Management: Collaborate with finance teams to manage compensation and benefits budgets, ensuring alignment with organizational goals and financial plans.
• Employee Communication: Develop and deliver clear communication materials to employees regarding compensation packages, benefits, and policies.

Qualifications and Experience:

• Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field.
• 5+ years of experience in compensation and benefits roles within the banking or financial services sector, particularly with large organizations.
• Strong knowledge of UAE labor laws and regulatory frameworks affecting compensation and benefits.
• Proven experience in salary benchmarking, market analysis, and the design of compensation and incentive programs.
• Familiarity with HRIS systems and advanced Excel skills for data analysis and reporting.
• Strong analytical and problem-solving abilities with keen attention to detail.
• Excellent communication skills and the ability to work collaboratively across departments.
• Professional certifications such as Certified Compensation Professional (CCP) or similar are preferred.

Location Requirements:

• Must be based in Abu Dhabi.
• Strong understanding of the UAE banking environment and local compensation trends is essential.

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