Designation: Senior Manager

Location: India Maharashtra Indiabulls Ho-mumbai

Organization: Financial Services
Job Description:
Job Purpose

Support and execute compensation and benefits initiatives such as market surveys, compensation benchmarking, benefits plans, Performance Management System, payroll and other employee payout inputs, generation of MIS reports, repository creation of all JDs/KPI/KRA, audit needs, thus ensuring compensation & benefits plans are executed seamlessly across all business units viz ABML, ABIF, ABARC.
Job Context & Major Challenges

Job Context/Job Challenges:
Aditya Birla Money Limited (ABML) is primarily a Broking Company, deals in Equity, Commodity & Currency. Workforce of ~800 spread across ~40 locations with customer base of in excess of 3 lacs. Commodity operations are managed through its 100% subsidiary Aditya Birla Commodities Broking limited. ABML is one of the leading securities trading companies in the country.



ABML operates in a fragmented equity broking business and has a daily turnover of close to 3,000 Crores with a market share of 1%. ABM works in a highly regulated workplace with a host of regulators like SEBI, RBI, AMFI, FMC, IRDA etc. regulating its day to day operations. In addition to the regulator ABML is also subject to close monitoring and inspection through various agencies like NSE / BSE / NCDX / MCX / NSDL / CDSL etc. ABML also operates in a highly competitive market mainly in fragmented industry with ABML competition from major National Broking houses like ICICI Securities, HDFC Securities, Angel Broking, MOFSL etc. and a range of local broking outfits.

The Human Resources department manages the entire gamut of employee management and employee development activities for ABMML, ABML and ABCSPL. This includes Talent Acquisition, Training & Development, Compensation & performance management & HR Statutory Compliance.

The position is currently responsible for Three companies -Aditya Birla Money Ltd, Aditya Bi

📌 Senior Manager (Maharashtra)
🏢 Aditya Birla Group
📍 Maharashtra