Mahindra Comviva - Lead - Total Reward (8-13 yrs)

Global Lead-Total Reward

The Company:

Comviva is an industry leader for providing digital platforms crafted for telecom operators, banks, financial services organizations, and other enterprises. We provide solutions for BSS, banking and fintech, AI-led marketing automation and messaging platforms, which have been recognized by leading research firms, including Gartner, Forrester, IDC, Frost & Sullivan, ISG, Juniper Research, Rocco Research, amongst others.

Noteworthy among our accolades is the second position in Digital Wallet platforms by Juniper Research and a consistent placement in Gartner's Magic Quadrant for IRCM for three consecutive years. The breadth of recognition extends across several Gartner reports, encompassing Partner Relationship Management, CSP Customer Management, Revenue Monetization, Artificial Intelligence for CSPs, CPaaS, and Digital Commerce.

Comviva has been named a 'Visionary' in the 2024 Gartner Magic Quadrant for AI in CSPs Customer and Business Operations report. Forrester has acknowledged Comviva's prowess in Real Time Interaction Management, Cross-Channel Marketing, Loyalty and Rewards, Enterprise Marketing, Customer Analytics, Journey Orchestration, Digital Banking, and Marketplace Development. In the Digital Commerce domain, IDC's flagship MarketScape report has recognized our contributions. ISG mentions Comviva for our Mobiquity Banking Suite in their ISG Provider Lens report, and Omdia includes us in their Omdia Universe for Digital Banking platforms. Juniper Research and Rocco Research consistently feature Comviva in their competitor leaderboard for key reports covering CPaaS, A2P Messaging, SMS Firewall, mobile money, CDP, and more.

Our commitment to excellence extends beyond technology, as evidenced by multiple awards, including the 'Great Place to Work For' Certification (2024), Top 25 Best Workplaces for Women (2019), Golden Peacock Awards (2023), Times Ascent 'Dream Companies to work for 2023, Brandon Hall HCM Excellence Gold Award (2022), and ASSOCHAM Diversity & Inclusion Excellence Award (2021) in the HR Excellence category. Comviva's technological innovations have earned international and regional acclaim, with recognition at prestigious awards such as GSMA GLOMO (3 Times Winner), Global Telecoms (GLOTEL) Awards, Frost & Sullivan's "Digital Marketing Company of the Year," AITE Group Digital Wallet Innovation Awards, AfricaCom Awards, World Communication Awards, Juniper Research Future Digital Awards, Asia Communication Awards, Global Telecoms Business Innovation Awards, Golden Peacock Awards for Innovation, Banking Technology Awards, Global Carrier Award, IBS Intelligence Global FinTech Innovation Awards, Global Fintech Awards, Asia Fintech Awards, Emerging Payments Awards, PayTech Awards, and Telecoms World Middle-East Awards.

These accolades stand as a testament to our unwavering commitment to assisting clients in their digital transformation journey, offering cutting-edge technology that empowers end-users with new-age products and services.

Role Summary:

- As the Global Lead - Total Rewards at Comviva, you will spearhead the design, execution, and management of innovative total rewards strategies.

- This role encompasses compensation, benefits, analytics, forecasting, mobility, executive compensation, long-term incentive plans, and change management.

- You will play a pivotal role in fostering a high-performance culture through data-driven insights and competitive practices, aligning with the organization's global business objectives.

Key Responsibilities:

1. Strategic Compensation Planning and Design:

- Craft and implement global compensation strategies aligned with business objectives.

- Develop executive compensation programs, including equity-based incentives (e.g., ESOPs and long-term plans).

- Oversee forecasting, people planning, and MIS to anticipate and align compensation with future business needs.

2. Market Analysis and Benchmarking:

- Conduct detailed market analysis to benchmark compensation practices and maintain competitive positioning.

- Monitor industry trends in the technology sector and adapt strategies accordingly.

3. Program Implementation and Governance:

- Design and roll out variable pay structures and incentive plans to drive performance.

- Ensure compliance with global regulatory requirements in compensation practices.

- Establish robust frameworks for program governance, internal controls, and audit readiness.

4. Data Analytics and Insights:

- Leverage data to evaluate the impact and effectiveness of compensation programs.

- Develop dashboards and reports to provide actionable insights for leadership.

5. Collaboration and Change Management:

- Partner with HR, business leaders, and finance teams to align and communicate total rewards strategies.

- Lead change management initiatives to ensure seamless adoption of new rewards programs.

6. Mobility and Global Programs:

- Design mobility solutions for global assignments, ensuring alignment with organizational objectives.

- Manage the implementation of global incentive plans and long-term rewards programs.

7. Manpower planning & Strategic Insights:

- In collaboration with finance, develop & execute comprehensive planning strategies that align workforce capacity with business needs.

- Collaborate with senior leadership (at both unit & Org level) to forecast workforce needs and develop staffing plan, that are in-line with optimum organization pyramid and people cost agenda.

Confidential 3:

- Be an active enabler of the fiscal AOP exercise and drive HR governance mechanism for impacting leadership decisions.

- Be the custodian of HR Opex planning and consult CHRO on optimization needs.

- Regularly identify, decipher and present people trends to management around turnover & headcount planning.

- Support leadership decision-making with insights on employee performance, engagement & organizational health, while often benchmarking with industry standards.

Qualifications:

Education:

- Master's degree in human resources or a related field.

- Professional certifications (e.g., CCP, GRP) are preferred.

Experience:

- 8+ years of progressive experience in compensation and rewards, with a focus on global roles in the technology sector.

- Proven expertise in designing and managing equity compensation and multi-geography incentive programs.

Skills:

- In-depth knowledge of compensation frameworks, executive compensation, and mobility solutions.

- Strong analytical, communication, and stakeholder management skills.

- Ability to drive change management initiatives and lead cross-functional teams.

Why Join Comviva Technology?

- Be a part of a global leader impacting 2 billion lives through cutting-edge mobility solutions.

- Work in a collaborative and innovative environment that values growth and excellence.

- Enjoy a competitive compensation package and the opportunity to shape impactful global programs.

Join us to lead and innovate in the field of Total Rewards at Comviva Technology!