Job Summary
- Type: full-time
- Location: Harare
- Category: Human Resources
- Closing Date: 2026-07-12
Key Responsibilities
- Lead and manage Group-wide job evaluation and grading frameworks.
- Support delivery of annual salary review, bonus, and performance cycles.
- Develop and maintain compensation tools, models, and governance processes.
- Provide expertise on executive and critical hire reward structuring.
- Drive market benchmarking and salary structure alignment across countries.
- Support development and implementation of reward policies and frameworks.
- Deliver high-quality reporting, analytics, and insights for decision-making.
Requirements
- Hold a degree in HR, Business, Finance, or a related discipline.
- Have strong experience in compensation, benefits, reward, or HR analytics.
- Bring a solid understanding of job evaluation, salary structures, and incentive schemes.
- Be highly analytical with strong modelling and Excel skills.
- Balance market competitiveness, affordability, and internal equity.
- Be comfortable engaging with senior stakeholders and governance forums.
- Bring strong organisational skills and manage multiple processes and deadlines.
- Be professional, collaborative, and operate with high integrity and confidentiality.
How to Apply
About the Company
FMBCapital Holdings Plc, also referred to as First Capital Bank Group, is a financial services holding company based in Mauritius. It operates commercial banks in the Southern African countries of Botswana, Malawi, Mozambique, Zambia and Zimbabwe, which trade as First Capital Bank.
Website: https://fmbcapitalgroup.com/
Frequently Asked Questions
What are the typical qualifications and certifications required for a Senior Manager of Compensation & Benefits in Zimbabwe?
Candidates usually need a Bachelor's degree in Human Resources, Business Administration, or a related field, often combined with a relevant Master's degree or professional HR certifications like IPMZ or SHRM. Extensive experience in compensation and benefits management, particularly within the Zimbabwean context, is crucial for this senior role.
What are the common day-to-day responsibilities for a Senior Manager, Compensation & Benefits (Group) in a Zimbabwean financial institution?
Daily tasks involve developing and implementing comprehensive C&B strategies, conducting market benchmarking to ensure competitive remuneration, and overseeing payroll and benefits administration. This role also includes ensuring compliance with local labour laws and managing a team to deliver effective C&B services across the group.
What unique aspects of the Zimbabwean work culture and expectations should a Senior Manager in C&B be aware of?
Professionals in Zimbabwe are expected to demonstrate high levels of adaptability, resilience, and problem-solving skills, especially given the dynamic economic environment. Building strong professional relationships and understanding local labour regulations and employee expectations are vital for success in this role.
What are the realistic career progression opportunities for a Senior Manager of Compensation & Benefits in Zimbabwe?
Successful individuals in this role can progress to broader Group HR leadership positions, such as Head of HR or HR Director, within the same organization or another large entity. Specialised consulting in compensation and benefits or moving into general management are also viable pathways.
What kind of benefits package can a Senior Manager of Compensation & Benefits typically expect in Zimbabwe?
Standard benefits usually include medical aid coverage, pension contributions (including NSSA and private schemes), and various leave provisions like annual, sick, and maternity leave. For senior roles, a company vehicle or fuel allowance, and sometimes performance-based bonuses, are also common.