Head of HR | US Bank I Hybrid onsite in Stamford, CT

Working with the leadership team of US Bank and the Group functions the Head of HR will be pivotal in the delivery of the People strategy for the Bank. The role will report to the Group Head of HR and will play an active role in driving the People agenda across the Bank that meets the needs of the business across all areas of the employee life cycle.

Client Details

Our client is a global financial services, banking, and payments company with operations in the UK, Europe, US and Brazil. The US office (and bank) is located in Stamford, CT.

Description

Responsibilities of the Head of HR include:

1. Strategy

• Work with Group Head of HR to map out the people strategy for the Bank, with a focus on Building and Running the Bank over a phased approach
• Plan and delivering business related projects
• Working with the Group team, to co-ordinate, and management of the people agenda

1. Operational

• Work with all the functional leaders both at Group and functional level to build out the people operating model for the Bank
• Set up all people related procedures for the Bank, ensure they meet local employment laws, regulatory requirements and are kept relevant. Examples include:
  • Contracts of employment
  • Policies and procedures
  • Employee benefits
  • Recruitment
  • Training and development
  • Performance management
• Review best practice operations in the Bank sector and endeavor to bring Banks in line
• Deliver effective regulatory change where appropriate across the US Bank
• Produce, report and present monthly at Bank Exco and other meetings as applicable
• Partner with managers to drive effectiveness through effective employee relations, performance management and training and development

1. Payroll, Benefits and Reporting

• Initiate and set up all the operational aspect relating to the set up and management of all aspects of the payroll and employee benefits to include relevant reporting to authorities as required
• Management and administration of the payroll and benefits on a day-to-day basis
• Contribute to the monthly reporting pack by providing a monthly HR report covering all HR statistics
• Annual salary review and implementation administration
• Annual discretionary bonus scheme review and implementation

1. Recruitment:

• Develop and implement the resourcing requirements to enable effective set up and running the bank, using a phased and staged approach in line with the application process
• Understand the recruitment market and develop plans to provide recruitment solutions that meet our objective for both Build and Run the Bank
• Writing and reviewing job descriptions
• Promoting and implementing scientific and cost-effective recruitment practices
• Writing relevant CBI questions in line with the role competencies
• Conducting and coaching managers on recruitment/interview skills and the use of the ATS system
• Involvement with recruitment practices in conjunction with talent acquisition manager
• Understand the recruitment market and develop plans to provide recruitment solutions
• Works with Line managers to produce robust succession plans, ensuring we have the right people and structures in place

1. Stakeholder Management:

• Partner with stakeholders to drive organizational effectiveness, talent management and workforce planning as applicable and in partnership with other HR members
• Provide guidance and support to managers and colleagues on HR related matters, including policies and procedures

Profile

Qualifications of the HR include:

• Degree Educated preferably in a related field, e.g. Bachelors / master's degree in human resources management or SHRM certification
• Proven track record as a senior HR professional in a startup environment as a standalone function
• Experience of regulatory environment gained within US Banking and Financial Services environment
• Ability to interpret relevant regulations as they apply to HR
• Experience at working with board level individuals and navigation of such relationship
• Experience of running operational side of HR and ensuring procedures are adhered to and data/employee documentation is stored in a structured and sustainable manner
• Highly developed analytical skills
• Experience of working within a multinational group environment is preferred
• Strong knowledge of US employment legislation and its application
• Exposure to working within a private- equity backed business is preferred
• A thought leader on insights and context in relation to HR
• Strong communication and interpersonal skills. Including ability to write procedures and reports
• Strong leadership skills and the ability to manage within a matrix organization and can evidence ability to motivate a team
• Highly organized with a clear attention to detail
• Consultative style with the ability to work collaboratively across all business units and establish credibility quickly
• Ability to deal with ambiguity and maintain composure in challenging environments
• Delivery focused with a hands on approach
• Strategic and proactive thinker ability to see the big picture
• Has sound judgement and problem solving skills and has courage and confidence to stand by convictions
• Adaptable and resilient to changing circumstances
• Using influence and impact to inspire others
• Innovative thinker strives to lead development of creative solutions

Job Offer

• Base salary $200,000 - $230,000
• Annual discretionary performance bonus (20-25%)
• Medical, Dental, Vision benefits
• 401k match
• PTO and paid company holidays
• Hybrid working; 3 days onsite in Stamford, CT

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.