Alrajhi Bank

• Manages the compensation function for all Bank employees.
• Responsible for administration of employee benefits across the Bank.
• As needed, provides special guidance and assistance to all locations on various employee compensation programs and benefit plans.
• Surveys industry and/or region to determine Bank's competitive position in employee compensation and benefits.
• Develops, recommends, and installs approved, new, or modified plans and employee benefit policies, and supervises administration of existing plans.
• Plans, develops and implements new and revised compensation programs, policies, procedures, in order to be responsive to the Bank's goals and competitive practices.
• Assures thorough audits, reports and personal contact that Bank compensation programs and benefits plans are consistently administered in compliance with Bank policies and government regulations.
• Develops cost control procedures to assure maximum coverage at the least possible cost to Bank and employee. Skills

Duties and Responsibilities:
1. Evaluates and compares existing Bank benefits with those of other employers by analyzing other plans, surveys, and other sources of information. Plans, develops, and/or participates in area and industry surveys. Analyzes results of surveys and develops specific recommendations for review by management.
2. Develops specifications for new plans or modifies existing plans to:
• Maintain Bank's competitive position in labor market, and
• Obtain uniform benefit package for all Bank locations, where possible.
3. Recommends classes of eligible employees for new or modified plans.
4. Develops Bank cost information for new plans and makes recommendations to management.
5. Installs approved new plans and changes by preparing announcement material, booklets, and other media for communicating new plans to employees. Conducts employee benefit seminars for local personnel. Revises and reissues all communications material on benefits from time to time. Advises and counsels management and employees on existing benefits.
6. Assures that existing and new benefit programs are adaptable to standardized computer and reporting systems. Develops benefit information and statistical and census data for management.
7. Handles benefit inquiries and complaints to ensure quick, equitable, courteous resolution.

Minimum Qualifications:
A bachelor's degree in Business Administration or Human Resource management or related Personnel/Human Resources fields, psychology, or education.
A minimum of Ten (10) years of professional level experience in Human Resources, including at least 5 years in Compensation & Benefits area, and five (5) years' managerial and supervisory experience
Special Requirements: Mathematical aptitude, analysis skills and ability to communicate effectively orally and in writing. Strong interpersonal skills in dealing with top management. Company Profile

Al-Rajhi Banking and Investment Corporation is a major name in Saudi Arabia's banking and business world. It has grown from a strong base, focusing on serving the needs of the nation and its citizens, contributing to the Kingdom's construction and development, and always operating within the framework of Shariah principles.

Al Rajhi Banking and Investment Corporation is one of the largest joint stock companies in the Kingdom, with a paid up capital of SR 2, 250, 000, 000. Head Office is located in Riyadh and there are six Regional Offices as follows:

· Central Region Office
· Western Region Office
· Eastern Region Office
· Qasseem and Hail Region Office
· Madinah and North Region Office BT