Senior Reward Expert

The opportunity

ING is looking for …

A Senior Compensation Expert in the Broad Based Reward team, within the Global HR (GHR) Community of Expertise Performance & Reward. Performance & Reward consists of eight key areas: Performance Management, Equity Rewards, Executive Rewards, Broad Based Reward, Remuneration and Regulations, International Mobility, Pension and Benefits and Change Lead. This is a particularly exciting time to join as GHR is implementing its HR Target Operating Model (HR TOM) supported by a new Global HR IT solution (Workday). As part of HR TOM, Global Communities of Expertise (CoEs) are created and you can be part of this challenging journey. Within Performance & Reward at ING we are facing the transition from a more decentralised towards a more globally steered and standardised way of working. This is accompanied with the introduction of global processes, standards and one global compensation tool.

This role reports to the Head of Broad Based Reward and is responsible for:

Global Remuneration Process Design

• Support the design and development of end to end processes for the Annual Compensation Round (Variable Remuneration and Salary Increases, pool structure, benchmarking, budgeting) which will be implemented locally and globally in collaboration with global and local Performance & Reward, HR Business Partner, People Services and Employee Experience ensuring compliance with Group policy, regulatory requirements and market practice;

• Conduct feasibility studies and make required changes to the current way of working visible (decision papers);

• Facilitate change management;

• Support the implementation of the new processes.

Workday Implementation

• Set up the Advanced Compensation Module in Workday which includes the design of the relevant data fields, process flows and governance for all components of the Annual Compensation Round;

• Conducting workshops with countries to align the global standards;

• Support the process build in Workday;

• Overview and conduct the testing phase before Go live;

• Review the current set up of the off-cycle compensation module and work with countries who are going live in phases.

Remuneration Schemes

• Define global standards for remuneration schemes which support the Performance & Reward Strategy manifested in ING’s Our People Offer and which are in line with the banking regulation;

• Ensure all relevant stakeholders are involved and aligned and a change management plan is ready;

• Support and oversee countries working towards those global standards.

Process Improvement and Run Activities of the Annual Compensation Round

Continuously look for process improvements to the Annual Compensation Round:

• Based on pervious years you will seek to improve the current processes constantly until the Advanced Compensation Module in Workday is rolled out;

• You oversee the Annual Compensation Round, ensure appropriate Stakeholder Management, Communication towards countries and businesses;

• You set up the current system and manage the external provider.

Internal and External Stakeholder & Relationship Management

You build effective relationships with all internal stakeholders with an aim to support the

realisation of the Performance & Reward strategy:

• You manage relationships with third party providers and consultancies to ensure value for money and an efficient service and contract management;

• You break down barriers within and across the business lines by actively seeking out opportunities to bring other parties in to add further value.

How to succeed

You are a driven Reward professional with extremely good social and communication skills. You not only identify with our objectives and culture but are also able to make a real difference by propagating this culture. In addition, you recognise yourself in the following qualities:

• You have more than 5 years’ experience in Reward at a multinational company. You have been involved in all aspects of reward, including complex annual compensation reviews, executive compensation, policy development and role out. Due to the complex regulatory framework we operate within experience with reward at a financial industry sector company is considered a benefit;

• You are a pleasant person to work with, able to work both as a team member and independently and are able to lead global projects;

• You are a trusted sparring partner for HR Directors and Business Partners as well as line managers. You identify business issues and are able to develop possible solutions. You have a strong personality in order to deal with senior management;

• You are able to determine the planning and budget, identify the project risks, organise teams and monitor progress of various projects simultaneous. You are result-oriented and take responsibility and ownership;

• Furthermore, you are capable of presenting your ideas in a clear and convincing manner;

• You are able to quickly deliver on both day-to-day activities as well as projects, while maintaining great follow through and attention to detail. While doing so, you are proactive, resourceful, and are willing to go the extra mile;

• You are able to manage large data-sets and analytics / reporting suites;

• You have the ability to plan and execute an Annual Compensation Review in a matrix environment;

• You have the ability to effectively communicate and partner with colleagues within and outside of HR as well as with senior business stakeholders from Finance, Risk etc;

• Furthermore, you adhere to the ING values and it is evident for you that your behaviour is fully aligned with these values. You are also prepared to take the Banker's Oath. For more information, please visit https://www.ing.com/About-us/ING-Values-1.htm

The team

You will be working in Amsterdam, within Global HR, the Performance & Reward team. This is a flexible working environment, where all Communities of Expertise are working together to deliver on the HR strategy and implementation. The Broad Based Reward team is an energetic team of young professionals with positive spirit and good humor.

Rewards & benefits

Rewards and benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm

The benefits of working with us at ING include:

• A salary tailored to your qualities and experience

• 24-27 vacation days depending on contract

• Pension scheme

• 13th month salary

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• 8% Holiday payment

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

• Work Agile, so new ideas come to life faster

Questions?

Please upload your CV and motivation letter by clicking the “Apply” button.

About us

With 57,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.