Compensation Manager

At U.S. Bancorp India, we’re on a journey to do our best. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bancorp India gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The Head of Compensation, Benefits & Payroll is responsible for the strategic leadership, governance, design, implementation, and operational management of all compensation, benefits, and payroll programs within USBIPL. The role ensures that Total Rewards programs are market competitive, compliant with Indian legal and regulatory requirements, operationally efficient, and aligned with U.S. Bank's global reward philosophy. The position serves as a key advisor to senior leadership and is accountable for supporting the attraction, retention, engagement, and development of talent during the establishment and growth of the India GCC The role will lead the compensation strategy, design, governance, and delivery across Europe, including executive remuneration, annual and long‑term incentives, job architecture and salary structures, ensuring practices are competitive, compliant, equitable, and aligned to business objectives in regulated financial services.

Preferred Skills/Experience

• Generally, the role requires a degree or equivalent but candidates with exceptional experience without a qualification to degree level will be considered.
• Minimum of 12 years' experience in compensation, benefits and payroll management, preferably within the financial services.
• Demonstrable proven success in the design, operation and management sales incentive plans.
• Practical knowledge and understanding of key European compensation legal and regulatory topics applicable to credit institutions and investment firms.
• Experience in developing, implementing, and managing risk and compliance associated with frameworks, policies, and procedures.
• Proven track record of designing communications to senior executives and broader employee communications.
• Demonstrable experience of interaction, influencing and reaching agreed upon solutions at management and executive levels.
• Proven track record of working independently on their own initiative and delivering practical outcomes to a professional standard.
• Proven to be resilient and able to handle multiple priorities, meeting deadlines whilst maintaining high work standards, with impeccable attention to detail in performance of all tasks.
• Experience in managing different stakeholders including second and third lines of defense.
• Collaborative approach with strong emphasis on delivery and execution.
• Proven analytical skills.
• Intermediate computer skills are needed; including experience with Microsoft Office applications.
  
  
  

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Posting may be closed earlier due to high volume of applicants.

This is an U.S. Bancorp India posting. U.S. Bancorp India is a part of the U.S. Bank family.

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