Performance Management Manager at Bankly

Bankly is a Financial Technology company providing cash digitisation services through its online / offline channels.

We are recruiting to fill the position below:

Job Title: Performance Management Manager

Location: Victoria Island, Lagos
Employment Type: Full-time
Level: Mid-level
Piority: High

Job Overview

• Ideal candiate will manage the entire Performance Management System. To design, develop, implement, monitor and measure performance within the company.
• Advises Senior Management on the policies and procedures necessary to advance individual performance in alignment with business objectives of the Company.
• Establishes and implements competency models for the various positions in the company and provides guidance to managers to assess competencies of employees.

Job Description

• Researches best practices in human performance and designs and revises performance management system for the Group.
• Analyses existing programs to determine their on-going ability to support the stated objectives.
• Formulates, with others, a philosophy of human performance improvement for the company.
• Must be able to keep this philosophy current from one year to the next.
• Advises departments on better methods to improve departmental results.
• Advises departments on competency-based management systems.
• Updates framework for improving the companyincentive systems.
• Provides input to Compensation systems and their support of performance improvement.
• Continually improves processes to develop Performance Appraisal systems.
• Develops ideas/uses for technology, in human performance processes.
• Designs and develops communications programs to more clearly link seniormanagement to performance management.
• Establish methods to reduce turnover related to poor performance.
• Researches and establishes Competency Models for the various positions in the organisation.
• Designs and develops standards for competency assessment for recruitment, development and promotions of employees.
• Implements the competency framework system within the companyand trains Managers to carry out competency assessment, determine employee development needs and provide support.
• Reviews staff C&B practices across the companyto ensure compliance with company policies, local legislation and guidelines, and best practices.
• Provides direction and leadership to Human Resources Manager, and managementin the implementation of staff compensation policies, strategies, programs, and practices.
• Monitors and evaluates effectiveness of staff C&B practices to ensure ongoing competitiveness within the job marketplace; regularly reviews and evaluates the staff pay plan, and prepares costed recommendations for market-based adjustments.
• Oversees and monitors the annual pay review process, ensuring compliance with established parameters and timelines; prepares guidelines and business rules, analyzes program results, and prepares reports and recommendations.
• Provides leadership in and/or oversees the design, development, and implementation of major organizational classification/compensation studies with broad impact on the company

Required Knowledge / Experience / Skills

• Candidates should possess a Bachelor's Degree qualification with 3 - 5 years work experience.
• In depth knowledge of performance management concepts, theories & related practices & tools with substantial experience of incorporating these into business focused solutions, including workable implementation plans e.g. design of departmental structures with a cohesive framework of jobs / competency models & their applications / setting performance standards & measuring results
• Job Analysis: Knowledge of Job Analysis and to relate jobs across the organization.
• Job Evaluation Methods: Knowledge of the Hay Job Evaluation Method and experience of making Grade recommendations.
• Job Pricing and pay structures: Ability to interpret Remuneration Survey data and draw numerical conclusions.
• Reward Management: Knowledge of Reward Management tools & techniques
• Experience of either developing & delivering training or of structuring & facilitating workshops with a manager or professional level audience.
• Experience of providing advice & structure to the process of translating business strategies & tactics into specific objectives/plans that support goal achievement.
• Good knowledge of general HR, HRD & C&B concepts, theories, legislation & practices & their application in the workplace.
• Excellent planning & organising skills with the ability to work with minimal direction.
• Experience of providing advisory/consultative services to senior/executive management.

Application Closing Date
14th February, 2023.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.