HireFT
Browse JobsHow it worksPricingAboutSuccess Stories
    Back to jobs
    MA

    Mashreq Bank

    Banking

    Manager - Compensation & Benefits, Egypt.Egypt- PR&PR - Overseas (Egypt).People & Intellectual Capital Group-MBEGP

    Any, EgyptOn-SiteFull-timePosted 3w ago
    All Mashreq Bank jobs

    Job description

    Manage the review, implementation and ongoing administration of compensation, benefits and related people policies for Egypt, under guidance from Group Rewards, ensuring market competitiveness, regulatory compliance, operational effectiveness and alignment with Group Rewards frameworks. The job holder should ensure the following job responsibilities: 

    • Manage the implementation and continuous improvement of compensation and rewards processes and systems for Egypt, ensuring timely execution, data accuracy, stakeholder readiness and alignment with Group standards, under guidance from Group Rewards.
    • Lead Egypt market benchmarking and external intelligence gathering through banks, consultants and survey providers; translate market trends, statutory developments and competitive insights into actionable recommendations for compensation, benefits and policy decisions, under guidance from Group Rewards.
    • Review and recommend Egypt benefits policies and programs under guidance from Group Rewards, ensuring market competitiveness, cost effectiveness, employee relevance and compliance with applicable labor and regulatory requirements.
    • Ensure Egypt compensation and benefits practices comply with applicable labor law, social insurance, tax, regulatory and internal governance requirements, escalating risks and recommending corrective actions where required.
    • Manage Egypt benefits operations, including medical renewals, vendor coordination, employee communication, claims and escalation oversight, cost monitoring and service quality review.
    • Coordinate with the Job Evaluation and Group Rewards teams on Egypt job evaluations, supporting role documentation quality, timely completion, and alignment with approved grading, titling and organizational governance standards.
    • Own the periodic review and maintenance of the Egypt People Manual, ensuring policies remain current, approved, legally compliant, operationally clear and aligned with Group policy principles.
    • Develop, maintain and periodically review Standard Operating Procedures for Egypt Rewards processes, ensuring clear controls, maker-checker responsibilities, audit readiness and continuity of operations.
    • Work with Employee Experience, Finance, Legal and business stakeholders to implement approved Egypt benefits changes, including communication, system updates, operational readiness and post-implementation issue resolution.
    • Act as the Egypt Rewards subject matter expert for business leaders and People teams, advising on compensation actions, benefits interpretation, policy application, market positioning and employee reward-related matters, under guidance from Group Rewards.
    • Prepare and analyses Egypt Rewards data, cost impact assessments, benefits utilization insights, pay movement trends and management reports to support evidence-based decision-making and governance reviews.
    • Support and coordinate Egypt annual compensation review, bonus and salary planning activities, including data validation, budget tracking, stakeholder coordination, exception review and implementation follow-up, under guidance from Group Rewards.

    Support and coordinate Egypt annual compensation review, bonus and salary planning activities, including data validation, budget tracking, stakeholder coordination, exception review and implementation follow-up, under guidance from Group Rewards

    Job details are sourced from the employer's original posting.

    Open job posting
    MA

    About the company

    Mashreq Bank

    Mashreq Bank is a leading financial institution in the UAE, offering a wide range of banking and financial services.

    View all Mashreq Bank jobs
    Industry
    Banking
    Open roles
    418

    Interested in this role?

    Apply with HireFT

    Free to start — no card required.

    Your fit

    How well do you match?

    Sign in to see how your résumé lines up with this role.