Head of Compensation & Benefits (Portugal)

Role Purpose:

The Head of Compensation & Benefits is responsible for delivering data-driven HR insights, managing compensation and benefits analyses, supporting regulatory remuneration requirements, and ensuring robust HR reporting and governance across the organization. The role acts as a key partner to HR, Finance, Risk, Compliance and senior management by providing workforce analytics, compensation expertise and regulatory oversight to support strategic decision-making and compliance obligations.

Responsabilidades e atribuições

Key Responsibilities:

1) HR Analytics & Reporting:

• Develop and maintain HR dashboards and KPIs.
• Produce regular workforce reports covering headcount, turnover, absenteeism, diversity, hiring and retention metrics.
• Analyse workforce trends and identify areas of risk and opportunity.
• Support management reporting and Board-level HR presentations.
• Ensure accuracy and integrity of HR data across systems.

2) Compensation & Benefits:

• Conduct annual salary reviews and benchmarking exercises.
• Support bonus, incentive and variable remuneration processes.
• Monitor market trends and compensation competitiveness.
• Participate in compensation surveys and prepare benchmarking analyses.
• Review compensation structures and recommend improvements aligned with business needs.
• Support job evaluation and grading exercises.

3) Regulatory Remuneration Oversight:

• Support compliance with CRD, EBA Guidelines and local regulatory remuneration requirements.
• Monitor Material Risk Taker (MRT) population and remuneration governance requirements.
• Assist in deferred compensation tracking and reporting.
• Coordinate remuneration disclosures and governance documentation.
• Support remuneration committee reporting and related analyses.

4) HR Systems & Data Governance:

• Maintain HR reporting databases and employee records.
• Ensure compliance with GDPR and data privacy requirements.
• Improve data quality controls and reporting processes.
• Participate in HR digitalization and systems enhancement initiatives.

5) Projects & Continuous Improvement:

• Lead HR analytics and compensation-related projects.
• Identify opportunities to improve reporting automation and efficiency.
• Support HR transformation initiatives.

Requisitos e qualificações

Required Qualifications:

• Bachelor's degree in Human Resources, Finance, Economics, Statistics, Business Administration or related field.
• 6+ years of experience in HR Analytics, Compensation & Benefits or HR Governance.
• Experience within Banking, Financial Services or a regulated environment preferred.
• Advanced Excel and data analysis skills.
• Experience with Power BI, Tableau or similar analytical tools.
• Strong understanding of remuneration frameworks and HR metrics.
• Knowledge of CRD/EBA remuneration principles is highly desirable.

Key Competencies:

• Analytical thinking
• Attention to detail
• Numerical and financial acumen
• Stakeholder management
• Regulatory awareness
• Problem solving