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Compensation & Benefit Administration Lead

JakartaHybridFull-time

AI Summary

Leads and manages the operational execution of all compensation and benefits programs, ensuring efficiency, accuracy, and compliance with internal policies and external regulations.

About this role

Company: 3111 UOB Indonesia

About UOB

United Overseas Bank Limited (UOB) is a leading bank in ASEAN with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets. At the heart of UOB is our culture, shaped by the UOB Way and anchored on our four values – Honourable, Enterprising, United and Committed. For more than 90 years, these values have guided how we do right by our customers, collaborate with one another and create long-term value for the communities we operate in. As One Bank, we are committed to helping our colleagues build sustainable careers grounded in purpose, supported by strong values, and enriched with meaningful opportunities to grow.


Job Description

Job Summary**

The Compensation & Benefit Operation Head at United Overseas Bank Ltd. is responsible for leading and managing the operational aspects of all compensation and benefits programs, ensuring efficiency, accuracy, and compliance with internal policies and external regulations. This role is crucial in supporting the bank's talent strategy through effective and competitive rewards.

Job Responsibilities**

* Oversee the end-to-end operational execution of all compensation programs, including salary administration, incentive plans, bonuses, and benefit programs.
* Manage the administration of all employee benefits, including health, DPLK, BPJS and other perquisites, ensuring timely and accurate processing.
* Develop, implement, and maintain robust compensation and benefits operational policies, procedures, and internal controls.
* Lead and mentor a team of compensation and benefits professionals, fostering a culture of high performance and continuous improvement.
* Collaborate with HR Business Partners, Finance, Rewards and other stakeholders to ensure seamless integration and communication of C&B initiatives.
* Ensure compliance with all relevant labor laws, tax regulations, and internal governance frameworks pertaining to compensation and benefits.
* Manage vendor relationships for benefits administration, payroll services, and other C&B-related platforms.
* Utilize HRIS and other relevant systems to optimize C&B processes, generate reports, and analyze data to identify trends and recommend improvements.
* Prepare and present reports on C&B operational performance, budget utilization, and compliance to senior management.

Job Qualifications**

* Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
* Minimum of 8-10 years of progressive experience in compensation and benefits, with at least 3-5 years in a leadership or operational management role within a large organization, preferably in the financial services industry.
* Strong understanding of compensation principles, job evaluation methodologies, and benefits administration practices.
* In-depth knowledge of relevant labor laws, tax regulations, and compliance requirements in Indonesia
* Demonstrated experience with HRIS systems especially Workday and advanced proficiency in Microsoft Excel.
* Excellent analytical, problem-solving, and decision-making skills with a keen eye for detail.
* Strong leadership, team management, and interpersonal skills with the ability to influence and collaborate effectively with various stakeholders.
* Exceptional communication skills, both written and verbal, with the ability to present complex information clearly and concisely.
* Proven ability to manage multiple priorities, projects, and deadlines in a fast-paced environment.

Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

Apply now and make a Difference

Skills

Benefits AdministrationCompensation AdministrationData AnalysisExcelHRISInternal ControlsJob EvaluationLabor LawsPayroll ServicesReportingTax RegulationsVendor ManagementWorkday

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