Performance and Reward Consultant

Job Title: Performance and Reward Consultant

- The P&R Consultant provides insight-led consulting and decision support across performance and reward. Based in Hyderabad, the role will initially support Europe activities, working with P&R Partners, Country People Heads and specialist colleagues to deliver high-quality advisory and selected operational support. The role translates policy, analytics and market information into clear options and recommendations, supports cyclical processes, and strengthens standardisation, control and continuous improvement. As priorities evolve, the role may rotate across geographies, stakeholder portfolios, products, processes and projects.

In this role, you will:

- Deliver high-quality performance and reward support across advisory and selected operational activities, initially tailored to Europe requirements.
- Provide guidance, constructive challenge and technical knowledge across performance, compensation and related P&R matters; interpret policy and seek specialist input where required.
- Support cyclical processes including year-end performance and pay review, market data, pay equity reviews, fixed pay range reviews, OTVP reviews and other in-scope activities.
- Translate analytics, internal data, market information and emerging trends into clear narrative, options, recommendations and decision-ready insights.
- Build and maintain standard management information using agreed definitions and templates, including performance distributions, pay outcomes, spend versus budget, population eligibility and internal equity views.
- Undertake targeted analysis, scenario modelling and sensitivity analysis; identify anomalies, compression, outliers and variance from policy norms, and propose appropriate questions or actions.
- Prepare stakeholder engagement materials and leadership-ready packs; simplify complex P&R topics into clear messages and contribute to governance papers, committee materials, regulatory reporting and external disclosures where required.
- Manage day-to-day execution of reward programmes and complex queries, working with P&R Partners, Country People Heads and specialist teams, including where no onshore P&R resource exists.
- Partner with Analytical and Operational Associates to validate data quality, reconcile inputs and outputs, agree clean hand-offs and ensure exceptions are documented and controlled.
- Maintain decision traceability by recording assumptions, data sources, methodologies and outcomes in agreed formats.
- Identify risks early, take sensible steps to reduce them and escalate concerns promptly to support a strong and efficient control environment.
- Improve playbooks, templates, training, documentation and data dictionaries; automate repeatable reporting where possible and contribute to post-cycle retrospectives and prioritised improvement backlogs.
- Maintain current knowledge of internal policies, external market practice, legislation and regulatory developments relevant to assigned markets.
- Build capability and resilience through knowledge sharing, cross-training and rotation across stakeholder portfolios, products, processes and projects as the role evolves.

Leadership and teamwork

- Operate as a trusted partner who balances commercial judgement, technical expertise and a strong control mindset.
- Communicate complex technical matters clearly to senior stakeholders and non-technical audiences.
- Drive simplification, consistency and automation while maintaining appropriate governance and evidence.
- Support capability building through knowledge sharing, coaching and effective collaboration across the P&R community.

To be successful you will:

Knowledge, skills and experience

- Core capabilities: Reward management; compensation management; performance analysis; market benchmarking; scenario modelling; stakeholder consulting; business writing and storylining; data quality and controls; regulatory and policy interpretation; continuous improvement; planning and prioritisation.
- Strong knowledge of performance and reward principles, policy and cyclical delivery, with the ability to frame practical outcomes.
- Ability to interpret complex analytics and translate findings into concise, evidence-based recommendations.
- Clear written communication and confident verbal storylining for senior and non-technical audiences.
- Strong Excel and/or business intelligence capability, with disciplined data handling, quality assurance and documentation.
- Structured problem-solving, sound judgement and the ability to plan and prioritise under tight timelines.
- Understanding of governance, internal control, audit and regulatory requirements relevant to performance and reward.
- Collaborative working style and the ability to build effective relationships across geographies, businesses and specialist teams.
- Learning agility and willingness to rotate across portfolios, products, processes and projects.
- Relevant experience in performance, reward, compensation or a related field; financial services or a comparably regulated environment is preferred.

What success looks like

- Cyclical and in-year deliverables are completed on time, with minimal late escalation.
- Management information and analysis are accurate, timely and require little rework.
- Insights are clear and decision-ready, reducing stakeholder uncertainty and unnecessary data debate.
- Hand-offs are smooth and partnership feedback is strong across P&R Partners, Analytics, Operations and other stakeholders.
- Standardisation and automation improve efficiency and reduce manual reporting effort.
- Assumptions, data sources, exceptions and decisions are documented clearly and can be audited.
- The role demonstrates flexibility and contributes effectively as the portfolio evolves beyond the initial Europe scope.

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You’ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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