Total Rewards - Bengaluru, Karnataka

About the company: · Dezerv is a house of investing solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets. T ...

Job description

About the company:

Dezerv is a house of investing solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets. The Dezerv team brings together decades of investing expertise from leading global financial institutions like JP Morgan, UBS, BNP Paribas, etc. Our team of experts monitors the performance of portfolios and rebalances them if required to ensure long-term success. We are backed by marquee firms like Premji Invest, Accel, Elevation, Matrix, etc. Since inception, our clients have trusted us with over Crs of their assets.

Why are we building Dezerv?

Investing is stressful and emotional. Building & growing wealth is difficult and time-consuming. Most individuals struggle with managing their investments and money. Our goal is to help individuals grow their wealth without the stress, time, and costs involved in a traditional investment. At Dezerv, we are building a platform that leverages our decades of investment expertise to help individuals invest better for their future.

What are we trying to solve/mission?

We are passionate about helping Indians invest better. We manage investments with active oversight to help both sophisticated and new investors build long-term wealth across various market conditions.

About the role:

We are looking for a detail-oriented and analytical Total Rewards Analyst with 4+ years of experience to drive total rewards frameworks at Dezerv. This role will work closely with the Founders, Finance, and People teams to ensure we build competitive, compliant, and performance-aligned compensation.

Key Responsibilities

Compensation Strategy

• Strategic Support & Design:
  Execute Dezerv's overall cash and equity compensation philosophy, designing total rewards strategies (including variable pay) tailored to boost employee engagement and performance.
• Compensation Planning & Job Evaluation:
  Assist in maintaining our job architecture, including role mapping, salary adjustments, benchmarking for new and existing roles, and regular job description updates.
• Market Benchmarking:
  Actively participate in top-tier salary and benefits surveys (e.g., Mercer, Aon) to gather and analyze intelligence on the Consumer Tech and BFSI ecosystems.
• Performance & Pay Cycle Management:
  Support the annual merit, bonus, and salary review processes, including complex data modeling and pay equity audits.

ESOPs, Incentives & Business Performance

• Equity Administration:
  Own the operational execution of Dezerv's ESOP strategy. Manage the administration, vesting tracking, and communication of employee stock option grants.
• Business Incentives:
  Structure, optimize, and evaluate variable pay and performance incentives across functions, ensuring tight alignment with business metrics.

Data Analytics, Budgeting & Insights

• Data Analysis & Reporting:
  Manage complex, high-volume datasets to provide actionable insights. Ensure utmost data integrity and create comprehensive reports for senior management on compensation spend, comp ratios, predictive attrition, and reward effectiveness.
• Budgeting:
  Partner with the Finance team to conduct annual budgeting for people costs, modeling various headcount planning scenarios.
• HRIS Management:
  Create, maintain, and analyze compensation data within HRIS/People platforms to automate and streamline reward processes.

Stakeholder Collaboration & Communication

• Effective Communication:
  Partner with the
  People Success
  team to communicate compensation policies effectively across the organization, ensuring complete transparency.
• People Success Partner Enablement:
  Provide data-backed guidance to
  People Success Partners (PSPs)
  and Talent Acquisition (TA) on compensation proposals for new hires, promotions, and transfers.
• Leadership Advisory:
  Proactively advise founders and senior leadership on emerging market practices to keep Dezerv's reward strategies ahead of the curve.

What We're Looking For

• Experience:
  4–7 years of experience in Total Rewards, Compensation & Benefits, or People Analytics.
• Industry Expertise:
  Experience in a fast-paced Consumer Tech, Fintech, or startup environment is highly preferred.
• Education:
  Bachelor's degree in Human Resources, Business Management, Finance, or a related quantitative field.
• Data & Tech Prowess:
  Advanced proficiency in MS Excel and Google Sheets (vlookups, pivot tables, complex modeling). Strong ability to interpret, analyze, and present complex data. Experience with HRIS systems and data visualization tools (Tableau/Power BI) and proficiency with AI tool.
• Domain Knowledge:
  Solid understanding of Indian payroll laws, ESOP structuring, and statutory compliance.
• A high level of initiative, resilience, precision, and the ability to work independently in a fast-paced environment. You must have a high ownership mindset with influencing cross-functional stakeholders.

Why Join Dezerv?

• Impact at Scale:
  Play a foundational role in shaping the Total Rewards role at one of India's fastest-growing wealth management platforms.
• Wealth Creation:
  Benefit from a strong ESOP policy designed to let you own a piece of the business you are helping to build.
• Dynamic Culture:
  Enjoy direct exposure to industry-veteran founders and leadership in a fast-paced environment that values transparency, high integrity, and a fresh way of looking at things.