Senior Specialist: Remuneration & Benefits Valuation Specialist (Collateral Management and Valuations)

  • Full Time
  • Gauteng
  • Applications have closed

Website Land Bank Careers

At Land Bank, our sole objective is to serve South African commercial and emerging agriculture by bringing specially designed financial services within the reach of farmers across the nation. These services enable farmers to finance land, equipment, improve assets and obtain production credit. To… read moreday, the Bank is a true South African development finance institution that strives to serve all farmers equally. As a responsible lender and to ensure longevity as an institution, Land Bank is committed to sound environmental practices both internally and with our clients. With every loan dispensed and every farming enterprise initiated, we have to make sure that we are not only looking after our clients, but ensuring that their agricultural practices do not harm the environment but add value and are sustainable in the long term.? Land and Agricultural Development Bank of South Africa, P.O.BOX 375, Tshwane, 0001​​​​​​​​​​​​

MAIN PURPOSE OF THE JOB

To provide specialist support in the implementation and maintenance of the Bank’s remuneration and benefits frameworks, policies, and practices, ensuring alignment with legislative requirements, governance standards applicable to state-owned entities, and the Bank’s strategic objectives.
The incumbent is responsible for conducting detailed data analysis, developing remuneration dashboards and reports, and providing insights to inform remuneration decisions, workforce planning, and submissions to management and governance committees. The role includes administering salary benchmarking, annual pay review processes, and incentive schemes, as well as participating in remuneration surveys to ensure market competitiveness and internal equity.
Strong analytical capability, advanced Excel proficiency, and experience in data visualisation are essential to produce accurate, insightful, and compliant remuneration information that supports decision-making across the organisation.

Key Performance Areas    
Provide support on the implementation and maintenance of remuneration and benefits policies, frameworks, and processes

Support implementation of remuneration and benefits policies and frameworks across the organisation.
Ensure all remuneration and benefits processes are executed accurately and within approved timelines.
Maintain compliance with the Remuneration Policy, SOE governance frameworks (e.g. DPE Guidelines), and internal controls.
Keep all remuneration and benefits records current and auditable.
Assist in periodic policy reviews and updates.

Conducts remuneration data analysis, salary benchmarking, and survey participation

Conduct market and salary benchmarking exercises to ensure internal and external equity.
Analyse remuneration data and industry trends to inform organisational reward strategies.
Develop remuneration dashboards and reports using advanced Excel or data visualisation tools (e.g. Power BI).
Participate in external salary and benefits surveys and submit accurate data within deadlines.
Provide analytical insights and recommendations for decision-making.

Supports governance and compliance monitoring

Ensure data accuracy, analytical clarity, and alignment with governance requirements.
Track and report on all audit findings, compliance actions, and governance updates.
Maintain effective documentation for governance and audit purposes.

Administers and supports job evaluation and profiling processes

Job evaluations conducted using approved methodology (e.g., Peromnes, Patterson, Hay).
Job profiles and grading documentation maintained and updated.
Turnaround times for evaluations and grading queries met.
Alignment between job grading outcomes and remuneration structures maintained.

Provides analytical and technical support in the implementation of incentive programmes, linked to performance management

Provide analytical and technical support during incentive cycles.
Prepare accurate incentive and performance-based remuneration calculations.
Maintain data integrity across performance systems and spreadsheets.
Provide accurate models that are flexible and align to policy provisions and budgets.

Stakeholder Engagement and Advisory Support

Provide remuneration and benefits advisory support to managers and employees.
Build and maintain strong relationships with internal stakeholders.
Ensure effective communication on remuneration policies, processes, and decisions.
Respond to remuneration and benefits queries within agreed SLAs.
Promote awareness and understanding of remuneration governance.

Preferred Minimum Education and Experience    

Bachelor’s Degree in Human Resources Management, Industrial Psychology, Finance, or Commerce.
Global Remuneration Professional (GRP) certification

Advanced Excel Courses/Certifications

5 years’ remuneration and Benefits Experience in State Owned Entity, Finance or Banking Environment
5 years’ remuneration/HR Data Analysis and building remuneration models, dashboard and reports
3 years advanced Excel (formulas, pivot tables, data modelling)
3 years’ Salary benchmarking, job evaluations and job profiling
2 years’ experience with dashboard tools (Power BI or similar)

Critical Competencies    

Remuneration and Benefits Administration
Job Evaluation and Grading
Remuneration Data Analysis and Reporting
Market Benchmarking and Surveys
Performance and Incentive Management Support
Report Writing and Presentation
Policies and Procedures
Governance, Compliance and Legislation

Additional Requirements    

Knowledge of Excel and Analytical
Knowledge of the Land Bank Act
Knowledge or remuneration and benefits legislation and guidelines
Knowledge of Public Sector Governance (PFMA, DPE Remuneration Guidelines, King IV/King V).
Knowledge of the State Owned Enterprises Remuneration Guidelines
Knowledge of salary benchmarking and remuneration principles

Deadline:11th March,2026

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