Chief Total Rewards Officer – PL3

tendersglobal.net

Working hours (%): 80-100% / 100%

Type of contract: Staff (Permanent and Fixed Term)

Macro-area: Sub-Saharan Africa

Level of experience: Senior Professional, more than 5 years

Area of work Definition: Banking and Finance

Type of organisation: Multilateral Organisations

activities

Company presentation

Building today, a better Africa tomorrow

Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 80 member states, including 54 in Africa (Regional Member Countries).  The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten Year Strategy (2013 – 2022) and ensure greater developmental impact, five major areas, all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.

 

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THE BANK:

Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank’s development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten-Year Strategy (2024 – 2033) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate our delivery for Africa, have been identified for scaling up, namely energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa.

THE COMPLEX:

The People and Talent Management Complex (PTVP), has the overall responsibility for attracting, developing, motivating, and retaining a strong complement of professionals, support staff and contingent staff to deliver the business of the Bank into the future. The PTVP Complex is responsible for ensuring effective systems and controls for people and talent management from talent sourcing to retirement. The PTVP Complex is also responsible for the effective administration of the Bank’s benefit plans (medical and staff retirement) and ensuring the financial sustainability of these plans.

THE HIRING DEPARTMENT/DIVISION:

The PTVP Complex comprises three (3) Departments, including a department in charge of Staff Welfare Services, Compensation and Employment Policy (PTCW), which itself comprises two (2) Divisions:

  1. The Compensation and Employment Policy Division
  2. and the Medical Services and Staff Welfare Division

The PTCW Department’s key function is to ensure a comprehensive and supportive framework for the employment conditions of Bank staff, whether in terms of occupational health conditions, medical assistance, welfare initiatives, policies developed by the institution regarding human resources management, or the definition of remuneration parameters. Within this framework, the PTCW Department also ensures that mechanisms are in place to provide a full understanding of Staff members’ rights and obligations, as part of the social pact governing work at the Bank.

Within this Department, the Compensation and Employment Policy Division (PTCW1) is responsible for designing the rules governing human resources management and the compensation and benefits framework. The PTCW1 Division is also responsible for ensuring compliance with the regulatory framework, through a section managing contentious cases (from managing disciplinary procedures to the accompaniment of grievances submitted by Staff members). The role of the PTCW1 Division is to ensure close coordination with the General Counsel’s services on all matters relating to staff administration and litigation management.

THE POSITION:

Reporting to the Division Manager, Compensation and Employment Policy, the Total Rewards Officer contributes to the development of the Total Rewards framework and programs in alignment with the bank’s business objectives.

The Total Rewards Officer is the key contributor and advisor on Total Rewards. S/he will work closely
with senior HR team members, support departments, and the staff council. The key performance indicators of the role include, but are not limited to:

  1. Effective management of annual rewards surveys, annual salary review cycles, and quadrennial Total Compensation Framework reviews.
  2. Quality of market surveys related to rewards.
  3. Up-to-date market best practice reviews on total rewards.
  4. Training for HRBPs and colleagues on Total Rewards.
  5. Timely analytics/ dashboards on Total Rewards.

KEY FUNCTIONS:

Under the supervision and guidance of the Division Manager, Compensation and Employment Policy, the Chief Total Rewards Officer will:

  1. Provide strategic and operational leadership in the design, development, implementation, administration and communication of Total Rewards programs in the Bank.
  2. Oversee the conceptualization and design of the rewards and recognition framework of the Bank. This includes designing targeted monetary and non-monetary programs that will increase engagement, motivation, performance, organizational trust, and satisfaction.
  3. Lead the annual salary review and the quadrennial Total Compensation Framework review process
    including analysing data, providing strategic advice, preparing reports, and delivering presentations to Management and the Board.
  4. Provide technical and advisory support to HR Business Partners, regional and HQ line management, and Staff on total rewards issues, including the annual salary review process.
  5. Provide expert advice and support to HR Managers, HR Client Services, and HR Operations, as and
    when needed.
  6. Coordinate partnership with stakeholders across the Bank to proactively seek an understanding of
    business priorities to identify and implement a range of creative rewards solutions that support the
    people strategy of the Bank.
  7. Participate in the formulation and recommendation of appropriate strategies on total rewards through preparation of papers, policy briefs, and delivering presentations to the Staff, Senior Management, and the Board.
  8. Leads and coordinates engagements relevant to Total Rewards and associated policies, practices, and trends with external stakeholders and peer IFIs.
  9. Liaise regularly with counterparts at other institutions, particularly IFIs, to exchange ideas on
    total rewards approaches and methodologies.
  10. Applies knowledge/skills to tasks related to all compensation disciplines, including market
    intelligence, rewards planning, and compensation ranges and benchmarks to analyse the Bank’s
    competitive position in all Bank Country Offices and Headquarters.
  11. Leads the development and identification of tools and systems to be used for total rewards analysis and communication.

COMPETENCIES (skills, experience, and knowledge):

  1. Hold at least a Master’s degree in Human Resource Management, Business Management, Organizational Development, Accounting and Finance, or any other related disciplines.
  2. A minimum of seven (7) years’ relevant experience in compensation and benefits, job classification and conduct a salary survey in salary surveys. Experience in a similar function in a multilateral development institution like the African Development Bank will be an added advantage.
  3. Excellent verbal and written communication skills in French or English, with a good working knowledge of the other language.
  4. Demonstrated ability to work in a multicultural team and environment. Perception and understanding of cultural, nationality and gender differences.
  5. International experience working on development issues, particularly in Africa.
  6. Familiarity with HR policies and practices of multilateral organisations, with familiarity with the work of the African Development Bank being a distinct advantage.
  7. Strong experience in the design and delivery of compensation programs, as well as project management.
  8. Ability to apply innovative approaches, to lead but also to work independently, and to apply new methods to solve problems, while remaining efficient in a fast-paced, changing and challenging institutional environment.
  9. Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other.
  10. Competence in the use of standard Microsoft Office Suite applications and Knowledge of SAP highly desirable.

THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT.

Should you encounter technical difficulties in submitting your application, please send an email with a precise description of the issue and/or a screenshot showing the problem to: HR Direct HRDirect@AFDB.ORG

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Important Application Information:
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