Muthoot Fincorp Ltd.
ROLE SUMMARY (PURPOSE)
The purpose of the role is to lead, design, and deliver the talent management framework in line with Muthoot Pappachan’ s strategic objectives, Purpose, Mission, Vision, Values, and the Muthoot Health Triangle (Mental, Physical & Social Development). The role incumbent is expected to execute strategic, tactical, and operational initiatives for leadership development, total wellness, and top talent programs for talent retention & progression.
KEY RESPONSIBILITIES
Lead, Design & Deliver Total Wellness Programs
- a continuous wellness journey for Muthootians across the board around the three cornerstones of the Muthoot Health Triangle.
- an eco-system to support Muthootians in their medical, self-care & financial well-being.
- Muthoot Health Index framework to track the progress of the organization’s total wellbeing.
- community programs, learning events, and platforms to improve the Physical, Mental & Social well-being of fellow Muthootians.
Lead, Design & Deliver the Culture Journey
- the organization’s purpose, vision, mission, and values across the organization by conducting culture bootcamps.
- organization purpose and values across all talent practices designed for HIPO journeys.
- organization purpose and values in hiring and AC/DC practices.
Lead Design & Deliver the Leadership Development Program
- & deploy an end-to-end framework for the growth of the leadership team (Man Com, Business Heads/ Functional Heads & their direct reports)
- a culture of strengths-based development for the leadership team.
- a journey that entails a holistic development based on the 3 cornerstones of Muthoot Health Triangle – Mental, Physical, and Social Well Being
- an individual development plan and help identify coaching support for the leadership team.
- the leadership brand for Muthoot Blue, within and outside the organization.
- and deploy leadership Audit in collaboration with OD Lead
- with Head L&D to deploy learning journeys for the leadership group, based on their individual development plans.
Lead Design & Deliver Top Talent Programs for High Potential High-Performance Team Members
- Define a robust process, which is objectively designed to identify high-potential, high-performance Muthootians.
- Use competency mapping, development centers, and organization objectives to define an end-to-end development journey for the top talent at Muthoot Blue.
- Collaborate with Head L&D to deploy learning journeys based on development center outcomes and IDPs for the top talent identified.
- Design specific journeys for Business Talent and Functional Talent, to facilitate alignment with business objectives and individual career aspirations.
- Define an exclusive club for the top talent which includes first in line for IJP, recognition programs, Live projects, Networking with leadership, etc.
Lead Design & Deliver Assessment & Development Centers
- To build a robust competency framework for Muthoot Blue, with KSA document clearly defining Job Family Competencies, Functional / Technical Competencies, and a Behavioral framework
- Define proficiency levels for competencies wherever required to assess, identify, and develop gaps / strengths.
- Use the competency framework to design assessment and development centers for hiring new talent & developing existing talent at mid management and entry level leadership.
- Design and train teams on Behaviorally anchored rating scale (BARS) to facilitate understanding and assessment of competencies in an AC /DC
- Train and calibrate with internally identified assessors, thereby building a pool of ready to deploy talent.
- Conduct AC / DC validations before deploying them for hiring/ people development projects.
Lead Design & Deliver Succession Planning & Career Development
- Design frameworks to identify critical roles in the organization, based on job evaluation scores and impact business continuity.
- Define successor identification process and successor profiles to fill in for critical roles, including talent readiness in succession plans.
- Design a clear path for all Critical roles, Successor profiles and subsequently all roles across Muthoot Blue
- Provide visibility on career path and development to every Muthootian, by designing a scientific progression path, using the job evaluation scores and parameters.
- Create Ladder, Lattice & Hybrid career paths, thereby providing Muthootians with an opportunity to grow their professional aspiration with Muthoot Blue
- Performance Management and Rewards
Lead the design and implementation of performance appraisal processes, including goal setting, feedback mechanisms, and performance evaluations.
- Partner with various functional heads to identify KPIs and metrics individual, team, and organizational performance.
- Serve as a trusted advisor to senior leadership on performance management-related matters and contribute to strategic decision-making.
- Collaborate with talent acquisition and learning and development teams to integrate performance management practices into recruitment, onboarding and training processes
KEY INTERACTIONS
Internal Stakeholders
- Senior Management
- Business and functional leaders
- People & Culture Team
- Finance
- Procurement
- Legal
External Stakeholders
- External Vendores
KEY ROLE DIMENSIONS
Geographical coverage – PAN India
Direct Reportees – Upto 3 Nos
KEY SKILLS & BEHAVIOURAL ATTRIBUTES
Key Skills
- Networking Skills & Relationship Management
- & Communication (Written & Spoken) Skills
- MS Office application skills (Proficiency in PowerPoint & Excel)
- of personality profiling (PPA/ DISC/MBTI etc)
- Knowledge of Job Description & Job Evaluation process.
- traits – A compassionate individual with a player attitude and a fearless approach towards open & honest conversations.
Behavioral Attributes- Driven and in alignment with our Purpose “Transforming the life of the common man by improving their financial well-being” and anchored by our core value of integrity, collaboration, and excellence.
EDUCATION / EXPERIENCE
Educational Qualification – Graduate / Postgraduate, Desirable – MBA (HR)
Experience – Overall 15 years with at least 7 years of relevant experience in handling a similar role in a de-centralized matrix structure organization at a national role.