VP, Performance and Reward Partner, CIB

In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.

The incumbent will be responsible for leading the delivery of the performance and reward (P&R) strategic priorities for specific portfolios within CIB (Corporate Institutional Banking) in the US, managing the overall P&R agenda for their client groups to enable business performance and support global projects.

This includes providing expertise and strategic guidance on reward, performance management, executive compensation, deferred reward, global mobility, employee benefits and wellbeing to support the Bank’s strategic objectives and local business priorities.

In This Role You Will

• Provide leadership and strategic guidance, constructive challenge and technical consultancy on the full spectrum of P&R matters, including complex and sensitive matters such as designing reward frameworks and sizing senior compensation packages
• Interpret and advise on P&R policies and provide expert guidance to senior management on all elements of P&R. Where necessary, liaise with specialist colleagues to seek input on complex matters involving benefits, executive compensation, global mobility, deferred reward and wellbeing
• Provide P&R expertise and leadership in support of the delivery of respective Strategic Business Objectives
• Lead the annual pay review for the relevant client group
• Work with P&R colleagues to act as an escalation point to ensure the successful implementation of P&R initiatives, processes and products in line with business objectives
• Act as the voice of the business for P&R related activities, feeding back to Group Reward and Specialist Teams with insights from the business to improve policies and processes and enhance the customer experience
• Provide expertise and feedback to specialist teams on reward, performance management, executive compensation, deferred reward, global mobility, employee benefits and wellbeing initiatives to ensure they meet customer needs
• Maintain expert specialist knowledge by keeping abreast of published materials, competitor practice, external market developments and trends and legislative and regulatory developments
• Responsible for developmental activity for junior team members which may include P&R Analysts, Operations, Consultants and Specialists

Qualifications - External

• Experience in performance management and compensation
• Banking or financial institution experience, preferred
• SME in annual pay review, fixed and variable pay, performance management, and market data processes
• Knowledge of pay ranges and their impact
• Experience with internal equity reviews and performance and reward governance
• Proven ability to partner with HR colleagues and senior business leaders
• Proficient in Excel and spreadsheet analysis

Benefits

Competitive pay and benefits package, including a robust Wellness Hub.

All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.