CMO ex CHRO | Empowering Natives, Social Enterprise l Executive Search l High team performance.
The client is a public listed company working with banks and financial institutions.
The Head of Rewards and Performance is responsible for developing and executing the PLC’s total rewards and performance management strategies to attract, retain, and motivate high-performing talent. This role ensures the alignment of compensation, benefits, and performance frameworks with the PLC’s strategic objectives and people agenda. The incumbent will partner closely with senior leadership to build a strong performance culture and ensure that rewards are market-competitive, equitable, and performance-driven.
- Develop and implement a comprehensive Total Rewards strategy that supports the Bank’s business and talent priorities.
- Conduct market benchmarking and salary surveys to ensure the Bank’s compensation practices remain competitive and equitable.
- Design and manage incentive and variable pay programs that drive accountability, productivity, and sustainable performance.
- Partner with Finance and Business Heads to ensure the effectiveness and affordability of compensation structures across all job levels.
- Oversee benefits programs to ensure they are attractive, compliant, and aligned with employee well-being and retention goals.
Key Responsibilities
1. Rewards Strategy & Design
Develop and implement a comprehensive Total Rewards strategy that supports the Bank’s business and talent priorities.Conduct market benchmarking and salary surveys to ensure the Bank’s compensation practices remain competitive and equitable.Design and manage incentive and variable pay programs that drive accountability, productivity, and sustainable performance.Partner with Finance and Business Heads to ensure the effectiveness and affordability of compensation structures across all job levels.Oversee benefits programs to ensure they are attractive, compliant, and aligned with employee well-being and retention goals.2. Performance Management
Lead the full performance management lifecycle , including goal setting, mid-year reviews, calibration, and annual performance evaluation.Drive a high-performance culture by ensuring strong linkage between individual and organizational goals.Introduce continuous feedback mechanisms and enhance performance dialogue quality across leadership levels.Work with HR Business Partners and Learning teams to align performance outcomes with talent development, succession, and career pathways.3. Governance, Policy & Process Excellence
Develop and maintain reward and performance policies that are transparent, fair, and consistent across the organization.Manage the annual compensation review process and performance calibration exercises to ensure fairness and alignment with business results.Prepare regular reports and analytics on pay competitiveness, performance trends, and workforce productivity for management decision-making.Ensure all processes are compliant with internal controls , audit requirements , and best practices in corporate governance.4. Leadership & Stakeholder Management
Lead and develop a team of specialists in rewards, benefits, and performance management.Partner with senior leadership, HR Business Partners, and Finance to ensure alignment of pay and performance strategies with business priorities.Serve as a key advisor to the Management Committee and HR Leadership Team on compensation trends and performance insights.Qualifications & Experience
Bachelor’s degree in Human Resources, Finance, Economics, or Science .Minimum 12–15 years of experience in Human Resources, with at least 5 years in a senior role leading compensation and performance management within a bank or financial institution .Have experience working with C SuitesStrong knowledge of reward structures, job evaluation frameworks , and performance management systems .Experience designing executive compensation, sales incentives, and organization-wide reward programs .Analytical, commercially minded, and comfortable presenting to senior stakeholders.Seniority level
ExecutiveEmployment type
Full-timeJob function
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WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 6 hours ago
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