Human Resources-Performance Management Associate
$42k - $90kBank of China Limited, New York Branch
Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview The Performance Management Associate is responsible for implementing the administration, organization, and coordination of the Bank's performance management programs to ensure employees understand performance measures, job expectations, clarity of goals and objectives and performance results. Assist the supervisor with the administration and coordination of the Bank's incentive programs, internal and external audits. Responsibilities Performance Management
- Implement various activities and initiatives related to performance management full cycle process, including but not limit to target setting and planning, coaching and communication, evaluation and feedback, reward and improvement etc.
- Responsible for the Bank's Teamwork and Service PE system management including preparation, implementation, and statistic results analysis.
- Update and disseminate performance management and related policies and procedures.
- Assist the supervisor with tasks to meet regulations and compliance requirements.
- Retain performance management related records and respond to internal and external audits.
- Prepare the materials of the training sessions on performance management and follow up the process and reports.
- Conduct other routine work such as department/branch liaison, team collaboration, employee communication, work flow execution etc.
- Participate in special projects and/or other duties as assigned.
- Execute the Bank's incentive programs, such as bonus, salary adjustment, promotion etc.
- Prepare annual bonus pool calculation, bonus allocation reports, and bonus communication materials to facilitate the bonus process.
- Support and coordinate promotion and compensation related programs.
- Update and review incentives related procedures.
- Address employees' incentives related inquiries.
- Participate in personnel expense programs and implement day-to-day assignments such as annual and periodical personnel expense projections, expenses allocation, expenses accrual and release and year-end closures, etc.
- Analyze personnel expenses related data and make expense proposals to support managements' decision.
- Keep personnel expenses related record and track the Bank's and the department/branch's expenses status to ensure the expenses are within the budgets.
- Facilitate and coordinate the Bank's events based on requirements.
- Conduct various reports including annual report, meeting minutes, proposal, etc.
- Facilitate the communication between Head Office and local branches.
- Participate and conduct ad-hoc projects on an as-needed basis.
- Bachelor's degree required; Master's degree preferred
- At least 1 year of HR related experience required
- Excellent communication and interpersonal skills, Relationship management skills, Advanced level Outlook, Word, Excel and PowerPoint skills, and strong time management and organizational skills required
- Knowledge in performance management, incentives, promotion, and HR legal regulatory requirements and related updates required
- Bilingual in English and Chinese Mandarin required
Vacancy posted 1 day ago
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