Senior Analyst Compensation Delivery | Mastercard | Remote India

Senior Analyst | Full–time

Mastercard is looking for a Senior Analyst, Total Rewards, Compensation Delivery for a much-flung position in India. The function makes a specialty of administering global reimbursement applications, in conjunction with base pay, annual incentive plans, and earnings reimbursement. Responsibilities encompass handling reimbursement critiques, filing revenue market facts, and taking elements with inner groups and outside companies. The perfect candidate might also have information in large-primarily based repayment, superior Excel abilities, and robust challenge control capabilities. This function is vital to retaining Mastercard’s recognition as an agency of preference with the useful resource of ensuring competitive and powerful repayment packages for personnel.

Role: Senior Analyst

Company: Mastercard

Location: Remote India

Work Type: Full–time

No Degree Mentioned

About Company

Mastercard is dedicated to fostering an inclusive and modern digital monetary gadget, making transactions stable, clever, and accessible for everyone. As part of this venture, the Total Rewards Team is liable for turning in compensation, blessings, and mobility packages that role Mastercard as a corporation of preference. The characteristic of Senior Analyst, Total Rewards, Compensation Delivery makes a specialty of administering substantial-primarily based absolutely compensation programs such as base pay, annual incentive plans, and earnings repayment, ensuring easy operations and strategic alignment.

Job Description:

Mastercard’s vision is to attach and power a strong, digital economy that blesses everybody globally. By leveraging solid records, networks, and partnerships, Mastercard provides progressive solutions that empower people, groups, governments, and financial establishments. The business agency values inclusivity and range, embracing the precise strengths and perspectives of each worker to foster a culture of recognition and excellence. Mastercard’s Decency Quotient (DQ) is using pressure in its business enterprise lifestyle, promoting moral and accountable business practices, both within the enterprise and externally.

This inclusive lifestyle permits Mastercard to make higher alternatives, energy innovation, and deliver first-rate organization results. As a member of the Total Rewards Team, the Senior Analyst will help make sure that Mastercard remains a business enterprise of preference via handing over repayment packages that manual worker engagement and corporation boom.

Role and Responsibilities

The Senior Analyst, Total Rewards, Compensation Delivery will play a critical position in executing numerous repayment programs. These responsibilities encompass leading the once-a-year repayment evaluation method, handling profits marketplace records submissions, developing earnings degrees, and making sure of the effective shipping of repayment offerings to employees and managers. The function requires collaboration with inner and outdoor partners to optimize operational efficiency and ensure compliance with industry requirements.

Key responsibilities encompass:

Annual Compensation Review Management:

The Senior Analyst will lead the execution of Mastercard’s annual reimbursement opinions. This includes undertaking worldwide income market information submissions, shopping applicable facts, task benchmarking, making salary shape adjustments, and overseeing 12 months-prevent opinions. These techniques are essential to making sure that personnel are compensated fairly and competitively at some point in all regions.

Subject Matter Expertise (SME) on Compensation Matters:

The Senior Analyst is predicted to live knowledgeable on corporation tendencies, best practices, and compliance requirements, performing as a topic depends on expert (SME) on sizeable-primarily based repayment. By maintaining up with modifications within the marketplace, the Senior Analyst guarantees that Mastercard’s compensation programs are competitive and aligned with contemporary requirements.

Operational Excellence and Continuous Improvement:

A sizable consciousness of the function is on riding operational excellence with the resource of documenting techniques, measuring carrier tiers, and streamlining workflows. The Senior Analyst may even put in force non-stop improvement duties to beautify the performance of reimbursement packages and ensure that offerings are added constantly and efficiently to employees and managers.

Vendor and Partner Relationship Management:

The Senior Analyst will control relationships with outdoor companies, supporting agreement negotiations and overseeing provider delivery. This includes taking part with external companions to ensure that compensation-associated offerings are accomplished without problems and that Mastercard’s repayment programs stay competitive and powerful.

Collaboration with Internal Teams:

The position calls for near collaboration with inner companies, together with payroll, finance, and the Global Business Services Center (GBSC). The Senior Analyst will work with those businesses to make sure that compensation packages are carried out seamlessly and that inquiries or escalations from managers and personnel are resolved in a well-timed manner.

Required Qualifications and Experience

The Senior Analyst, Total Rewards, Compensation Delivery is a vital characteristic requiring knowledge of repayment programs and robust technical skills. Key qualifications encompass:

Compensation Expertise:

The exceptional candidate needs to have reveled in extensive-based reimbursement packages, together with advantage/bonus cycles, marketplace facts submissions, and salary range development. Experience with compensation equipment like People Fluent and Pay Factors is a plus, and holding a Certified Compensation Professional (CCP) or one-of-a-kind relevant certification is fantastically ideal.

Advanced Technical Skills:

Proficiency in Microsoft Excel, together with advanced records assessment competencies like Power Query and Power BI, is important. The Senior Analyst wants to have robust analytical abilities and be able to manipulate and study complex information units to make knowledgeable choices regarding reimbursement applications.

Project Management and Organizational Skills:

Strong task control capabilities are required, because the Senior Analyst will want to govern a couple of needs and priorities at some unspecified time in the future of reimbursement cycles. The capacity to live prepared and preserve attention to elements in a quick-paced environment is essential for the achievement of this feature.

Collaboration and Communication Skills:

The Senior Analyst needs to be capable of working move-functionally and collaboratively with agencies throughout distinct levels of the business enterprise, which includes a long way flung organizations. Strong communication and courting-constructing skills are required to guide desire-making and make certain alignments throughout departments.

Compliance and Security:

The Senior Analyst has to ensure compliance with Mastercard’s protection regulations and practices, making sure the confidentiality and integrity of touchy facts. This consists of reporting any suspected protection breaches and completing all mandatory security training.

Key Competencies

The following abilities are important for the fulfillment of this feature:

Agility and Initiative: The capacity to cope with more than one needs and priorities in a short-paced environment is vital.

Attention to Detail: The Senior Analyst ought to be notably element-oriented, in particular in the direction of heavy repayment cycles.

Credibility and Trust: Building trust and credibility with bypass-purposeful teams is key to ensuring the effective shipping of repayment programs.

Analytical Skills: Strong information evaluation and modeling abilities are necessary to attract sizable insights from complex fact sets.

Process Improvement: The Senior Analyst ought to be proactive in identifying and enforcing improvements to streamline strategies and decorate performance.

Corporate Security Responsibility

At Mastercard, security is a top priority. All employees, which consist of the Senior Analyst, Total Rewards, and Compensation Delivery, should adhere to Mastercard’s protection pointers and ensure the confidentiality and integrity of touchy information. This includes reporting any suspected protection breaches and finishing obligatory protection schooling publications Remote India – One Hundred Words.

Benefits of Working at Mastercard

Work-Life Balance: Remote artwork opportunities and flexible schedules beautify the paintings-lifestyles balance.

Career Development: Mastercard invests in worker increases through non-prevent learning and development opportunities.

Inclusive Culture: A subculture of inclusion that values variety and fosters recognition of men’s or women’s strengths and views.

Competitive Compensation: Competitive profit applications, inclusive of bonuses and incentives, make sure employees are well-compensated.

Comprehensive Benefits: Robust blessings applications, including clinical health insurance, retirement plans, and health packages, help employees’ well-being.

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