Muhammad Riazuddin
Compensation & Benefits
Professional
Education
Master of Business Administration (Finance)
Nov 1997 - Mar 1999
The International University, Independence Missouri USA (Karachi Campus)
Employment
Personal details--
C-123/1, Block 14, Gulistan-eJauhar
75290 Karachi, Pakistan
July 20, 1973
Pakistani
linkedin.com/in/riaz-uddin15822b19
Profile
Experienced HR professional with 19+
years in Compensation & Benefits,
Performance & Rewards
Management, HR Operations, and HR
Benefits processes in banking. Strong
communicator with exceptional
presentation skills. Proven expertise
in designing, implementing, and
administering compensation, reward,
and benefits strategies using market
best practices. Effective leader and
mentor, skilled in team motivation and
influence. Strategic thinker with a
track record of innovation. Thrives in
high-pressure environments, excelling
in multitasking and meeting deadlines.
Head of Compensation & Benefits
Apr 2020 - Present
National Bank of Pakistan, Karachi, Pakistan
Administered the organization's compensation programs as a subject matter
expert in all benefit related queries, ensuring alignment with the organization's
strategy.
Managed the entire Compensation & Benefits for a workforce of over 15,000
employees, overseeing the timely delivery and completion of all related
activities.
Streamlined and optimized company-wide compensation and benefits
programs, resulting in a 15% decrease in turnover rates and increased
employee satisfaction.
Developed and implemented comprehensive rewards and benefits strategies
for attracting, retaining and developing top talent in a highly competitive
market.
Conducted in-depth market research and analysis, providing data-driven
decision-making for compensation benchmarking and benefit plan design.
Formed and nurtured productive relationship with Business Partners to
ensure the seamless execution and success of Compensation & Benefits
initiatives
Head of Compensation & Rewards
Feb 2017 - Sep 2019
TCS Express & Logistics (Pvt) Limited, Karachi, Pakistan
(Also served as Head of Talent Acquisition from 19th Aug to 30th Sep 2019)
Lead C&B team in the planning, management and delivery of all
Compensation & Benefits, Rewards Management, and HR Operations plans,
including payroll, performance management, life and health insurance, leave,
attendance, exit management, relocation, and transfers for a workforce of
over 12,000 employees
Supervised the Annual Performance Management Exercise, collaborating
with departments to establish goals and determine Annual Performance
Ratings for their staff
Identified process and policy gaps and presented solutions for improvement
Actively participated in the annual budgeting exercise, working closely with
Finance and other departments to prepare the annual budget.
Head of Resourcing & Talent Management
Feb 2014 - Feb 2017
Silkbank, Karachi, Pakistan
Successfully devised and executed the resourcing strategy for the bank,
resulting in the achievement of yearly hiring projections in collaboration with
line managers
Implemented a structured recruitment process, onboarding, and orientation
program for new recruits
Regularly conducted informative orientation sessions for new employees
Formulated policies, procedures, forms, and service level agreements (SLAs)
pertaining to recruitment, ensuring the Resourcing Unit effectively met HR
needs in a proactive and customer-centric manner
Devised and executed a strategic social recruiting plan, regularly updating
and enhancing the bank's careers website and social media accounts
Designed a comprehensive Succession Planning model for critical roles,
actively engaging in the development and implementation of the Succession
Planning process
Cultivated the bank's employer brand through active participation in Job Fairs
and Guest Speaker Sessions
Head of HR Operations
Jul 2012 - Jan 2014
Silkbank, Karachi, Pakistan
Successfully oversaw and directed all HR Operations activities for a workforce
of over 2,000 employees, inclusive of payroll, loans, health and life insurance,
bank provided car, leave and attendance, exit management, relocations, and
transfers/rotations.
Spearheaded an industry-wide survey, actively contributing to the
development and implementation of HR Policies and Procedure Manual in
accordance with leading market practices.
Collaborated closely with department heads and staff members to
thoroughly review and redefine Job Descriptions across all organizational
levels.
Head of Compensation & Benefits
Sep 2005 - Jul 2012
Dubai Islamic Bank, Karachi, Pakistan
Joined the bank as a founding member
Recruited and trained staff members
Played a pivotal role in shaping the C&B vertical from ground up
Served as back-up for Head of HR from April 2008 to August 2009
Played a key role in developing HR Policies and Procedure Manual and HR
Intranet, contributing to the establishment of DIB's culture
Participated in annual Job Evaluation and Job Grading / Benchmarking
Surveys organized by Hewitt Associates to ensure that the talent base is
appropriately compensated yet meeting the financial commitments of the
Bank.
Regularly reviewed, evaluated and recommended benefits strategies and
solutions with internal equity and market best practices.
Oversaw Compensation & Benefits, Rewards Management, and HR
Operations for over 2,500 employees, including payroll, loans, insurance, and
other benefits
Developed and implemented a customized Performance Management
System to foster a merit-based high-performance culture
Actively managed Employee Discipline and Employee Relations activities,
including inquiries and issuing charge sheets and termination letters as
directed by the Employee Discipline Committee
Assistant Manager HUB
May 2005 - Sep 2005
HSBC, Karachi, Pakistan
Ensured and maintained optimum efficiency and security of HUB (HSBC's
Global Banking System) by adhering to Group Standards for all products/subproducts.
Detected and isolated root causes of HUB issues, promptly escalating and
communicating them to HBD (Hong Kong) for resolution.
Implemented measures to ensure compliance with Group Standards on all
products/sub-products, contributing to the achievement and maintenance of
optimum efficiency and security for HUB.
Staff Officer Human Resources
Mar 2004 - Apr 2005
HSBC, Karachi, Pakistan
Oversaw and efficiently managed all Compensation & Benefits, Rewards
Management, and HR Operations activities for the entire organization,
including payroll, loans, health and life insurance, bank-provided car, leave
and attendance, overtime, exit management, and relocation and
transfers/rotation.
Collaborated with the Head of HR to support Performance Management
initiatives by coordinating with various departments to establish goals and
ensure accurate Annual Performance Ratings for their respective staff.
Assisted the Head of HR in conducting comprehensive industry-wide Job
Evaluation and Job Grading/Benchmarking Surveys in collaboration with
Hewitt Associate
Universal Teller
May 1997 - Mar 2004
HSBC, Karachi, Pakistan
Demonstrated expertise in managing cash, remittances, and clearing
operations, and proficiently handled ATM management.
Effectively oversaw Term Deposits and ensured seamless execution of
Standing Instructions.
Universal Teller
Aug 1996 - Apr 1997
The Bank of Tokyo, Karachi, Pakistan
Successfully oversaw cash management, including the efficient handling of
FEBC, FCBC, and DBC transactions.
Skillfully managed the issuance and encashment processes for various
financial instruments.
Demonstrated strong attention to detail and accuracy in maintaining cash
records and reconciling discrepancies.
Credit Cards Operations
May 1995 - Aug 1996
Citibank, Karachi, Pakistan
Executed precise placement, microfilming, and retrieval of Credit Card
Applications and Transaction Slips.
Demonstrated exceptional proficiency in the systematic placement,
microfilming, and retrieval of Credit Card Applications and Transaction Slips.
Ensured meticulous handling of Credit Card Applications and Transaction
Slips through expert placement, microfilming, and retrieval techniques.
Achievements
Established Compensation & Benefits Department from the ground up at DIB.
Created and implemented comprehensive Compensation & Benefits Program,
including Grade and Salary ranges, at Dubai Islamic Bank.
Introduced employee retirement benefits schemes at Dubai Islamic Bank.
Developed and implemented Performance Management Program at DIB &
TCS, fostering a Pay for Performance culture.
Conducted awareness sessions to promote Performance Management
Program
Designed and implemented Variable Performance Bonus Scheme at DIB.
Implemented Document Archiving System at DIB, Silkbank, and TCS
Established payroll reconciliation process at Silkbank, TCS, and NBP.
Centralized Pension Payment process for over 10,000 pensioners at National
Bank of Pakistan, previously handled through 1,500 branches.
Prepared and distributed income tax calculation and filing guidelines at Dubai
Islamic Bank, Silkbank, and TCS
Developed and delivered resourcing strategy through talent mapping at
Silkbank.
Launched On-boarding and Orientation Program at Silkbank.
Conducted orientation sessions and participated in Career/Job Fairs at
various Universities on regular basis
Implemented HRIS & ESS/MSS at DIB, TCS, and NBP for the smooth
implementation of Benefits Programs.
Contributed significantly to the design and development of HR Information
System (HRIS) resulted in effective and efficient data management.
Created MIS and HR Dashboard using Microsoft Power BI at NBP to ensure
compliance with reporting and protection and privacy of data
Created a Succession Planning module and designed a Personal Retention
Plan within the framework of Dubai Islamic Bank.
Formulated policies and procedures for Silkbank, TCS, and NBP.
Spearheaded the preparation of a comprehensive Policy and Procedure
Manual from inception at Dubai Islamic Bank.
Significantly contributed to the development of the HR Intranet at DIB.