Description
Our Purpose
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
Title and Summary
Manager, Total Rewards Systems Who is Mastercard?Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.
Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
Overview
The Total Rewards Team delivers world-class programs that position our company as an employer of choice. Our global team designs and delivers consumer focused compensation, benefits and mobility programs for our employees, and leads all human resources M&A activities.
This position will be responsible for ensuring the effective operation, optimization, and alignment of all Total Rewards Systems within Mastercard.
Role:
• Oversee the day-to-day administration of Total Rewards platforms
• Assess existing Total Rewards systems, identify areas for improvement, and implement enhancements
• Leverage coding skills (e.g. Java, Groovy, Python) to customize and optimize system functionalities and develop scripts or automation tools as needed.
• Collaborate with cross-functional teams to integrate Total Rewards systems with other HR and business applications as needed.
• Manage the technical and systematic execution of annual compensation reviews, benchmarking, salary structure adjustments, year-end reviews, and other major compensation activities
• Responsible for ensuring data accuracy, troubleshooting issues, and maintaining system integrity in Total Rewards systems
• Work closely with Compensation Design and Total Rewards Partners to understand compensation needs and translate into specifications and requirements that can be implemented in Total Rewards systems
• Responsible for ensuring Total Rewards systems are compliant with internal and external compliance initiatives (e.g. Sarbanes-Oxley)
• Develop and utilize data analytics in our Total Rewards systems to derive insights and inform decision-making related to our compensation programs
• Ensure operational excellence by creating and maintaining documented processes, measuring the service levels provided to employees and managers, and implementing continuous improvement efforts as appropriate by streamlining processes and implementing efficiency enhancements
• Manage relationships with external vendors, support with contract negotiation and execution, and oversee service delivery
• Interface with Global Business Services Center (GBSC) as necessary to ensure inquiries and escalations from managers and employees are addressed
• Liaise with payroll team and finance to ensure smooth execution of compensation programs/processes
All About You
• Experienced in HRIS, Financial Systems, or other related roles
• Experience with PeopleFluent a plus
• Proficiency in Java, Groovy and other relevant languages,
• Technical Expertise in Power Query/BI, Excel, and other data analysis functions
• Track record of working cross-functionally and collaboratively at all levels, including working remotely with cross-functional teams and able to guide decision making.
Key Competencies:
• Agile and high degree of initiative, effectively handles multiple demands in a fast-paced environment
• Attention to detail, ability to juggle competing priorities during heavy compensation cycles/processes.
• Able to quickly establish trust and credibility across various working teams in COEs, Total Rewards, and Shared Services
• Strong excel, analytical, and modeling skills with the ability to analyze complex data and draw meaningful conclusions
• Ability to develop and grasp complex technical requirements and implement solutions in systems leveraging relevant coding languages and other technical solutions as necessary
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard's security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach, and
Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.
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