Manager Performance & Rewards/HR Operations (Banking Sector)

Fulcrum Pvt Ltd is seeking an experienced Manager – Performance & Rewards for a prominent client in the banking sector, based in Karachi. The ideal candidate will have over five years of relevant experience in Performance & Rewards within the banking industry. This full-time role offers a competitive salary range of PKR 150,000 to 200,000 and involves managing various HR functions focused on employee recognition, staff finance, and operational support.

Key Responsibilities

Employee Reward & Recognition (ER&R) Program:
Oversee the bank’s quarterly, bi-annual, and annual Employee Reward & Recognition programs. This includes managing the renewal and revision of ER&R policies and memos as required by authorized personnel. The role requires coordinating with different departments to consolidate and evaluate nominations, preparing minutes for ER&R committee meetings, and managing the entire process from initiation to the distribution of awards and certificates.

Staff Finance:
Coordinate and process the sanction and disbursement of various staff loans such as House Building Loans, Car Monetization, Vehicle Loans, and Personal Loans. Ensure that all loan processing adheres strictly to HR policies and standard operating procedures.

HR Operations:
Handle employment verification requests from banks and financial institutions concerning resigned or exited employees. Manage employee insurance coverage by adding newly inducted employees and their dependents to the payroll insurance and removing employees upon exit. Ensure accurate financial postings within the T24 Core Banking System. Additionally, coordinate staff category conversions by maintaining and forwarding lists of exited employees to relevant units.

Resignation & Exit Management:
Issue acceptance letters upon receiving complete resignation approvals. Work closely with line managers and reporting heads to ensure timely completion of exit formalities. Communicate exit details to all relevant stakeholders and coordinate with the Control Group and IT teams to block system IDs and finalize exit-related procedures.

Required Qualifications

- Minimum of 5 years of relevant experience in Performance & Rewards within the banking sector.
- Strong knowledge of employee recognition programs, staff finance, and HR operations.
- Experience managing employee reward programs and loan processing in compliance with HR policies.
- Proficiency in coordinating with multiple departments and handling exit management processes.
- Familiarity with core banking systems, preferably T24, for accurate financial postings.

Preferred Qualifications and Benefits

Candidates with a background in banking HR and demonstrated expertise in managing comprehensive Performance & Rewards programs will be preferred. The role offers an opportunity to work in a dynamic banking environment with exposure to multiple facets of HR operations, including employee finance and exit management.

This position is ideal for professionals seeking to advance their career in HR within the banking sector, offering a challenging role with a competitive salary package and the chance to contribute to employee engagement and operational excellence.

Interested candidates are encouraged to apply with their updated CVs.