Vice President - Talent Acquisition (Microfinance)

Roles and Responsibilities:

• Responsible for employee life cycle and strategic HR projects including manpower planning, compensation and benefits, performance management, T&D, rewards and recognition, HRMS, employee relations, employee grievance handling, Exit, Compliance & Statutory employee communication for assigned MML branches (North, East & West).
• Preparation of Annual HR budgets and overheads in coordination with Functional Heads for manpower planning for assigned regions.
• Designs and implements programs that measure, develop and manage the organization talent pool.
• Execute various talent engagement and development activities end to end and be accountable for project management and metrics related to the execution of talent management programs.
• Formulation and implementation of reward recognition and benefits strategies aligned to MML business needs and develop and manage related policy and procedures and systems.
• Implement reward and recognition strategies at region/zone level by understanding regional business requirements, challenges, market positioning and local market practices.
• Accomplish Special and Ad-hoc projects assigned by the CHRO/CEO/management from time-to-time.
• Periodically (at a minimum once a year) reviews and makes recommendations to CHRO for improvement of the organization's policies, procedures and practices.
• Take overall responsibility of Talent Acquisition, Talent Management, Talent Development, Compensation & Benefits and Employee Services functions for the assigned regions/zones.
• Implementation of HR Policies & procedures to ensure effective & consistent delivery of HR Services across the region/zones, thus promoting a professional work culture.
• Ownership of various reports like attrition analysis, Headcount planned vs actuals, department wise headcount & cost analysis, etc. to update and assist the management in decision making as per business requirements.
• Work along with Senior Management & Departmental Heads for timely escalation / resolution of employee queries / grievances in accordance with company policies & procedures and documenting discussions / decisions / communications to ensure effective employee services and building a harmonious work atmosphere.
• Conducts a continuing study of all Human Resources policies, programs, and practices to keep CHRO informed of new developments.
• Maintains knowledge of industry trends and ensures organisation's compliance.
• Maintains responsibility for organisation compliance pertaining to all staff matters and statutory obligations for the assigned region/zones.
• Consults with legal team as appropriate, or as directed by the CHRO/CEO, on staff matters to protect the interest of the company.
• Develops and maintains a human resource information system (HRMS) that meets the organization's personnel information needs.
• Participates on committees and special projects and seeks additional responsibilities.
• Directs the preparation and maintenance of reports that are necessary for management, as necessary or requested, to track strategic goal accomplishment.
• Prepare CTC sheets collecting and analyzing market data and competitors pay modelling within MFI and Banking verticals.
• Work closely with IT department to digitize and execute the appropriate technologies to be utilized in HR function.
• Any other assignments as proposed by CHRO/CEO towards making the company an Employer Of Choice

Desired Candidate Profile:

• Analysis Tools Expertise: MS Excel proficiency is a must and intermediate level of knowledge in Power BI is required.
• Extensive expertise and experience in designing and implementing leadership capability review and development initiatives, competency frameworks, performance management, career development, talent management and succession processes.
• Strong consulting capability, including the ability to articulate the strategic intentions of the organization.
• Ability to participate in, manage or direct multiple projects, acquire and maintain resource allocations and manage timelines necessary to meet demanding deliverable schedules.
• Results focused; a consultative leadership style that builds high-performing teams across multi-disciplined projects that consistently meet targets and realise organisational benefits.
• Commercially aware; proven ability to work with multiple stakeholders.
• Excellent interpersonal, organisational and influencing skills and ability to facilitate across all levels of business.
• Skilled communicator through written reporting and verbal presentation.
• Professional Experience.
• Knowledge of Income Tax provisions having an impact on C&B.
• Extensive expertise in and experience of organisational design and development including change management.
• Strong computer skills: MS Excel (v-lookups, pivot tables), Word (formatting, mail merges) and PowerPoint.
• Experience in a range of talent management and succession interventions in global organisations.
• MBA/PGDM/MHRM with specialization in HR or related Field.
• At least 14 to 20 years of professional experience with reputed Banks/NBFCs/MFIs/SFBs.