Performance Management Manager at Bankly

Performance Management Manager at Bankly

Bankly | 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: using the Job Title as the subject of the mail.