Associate Workday HRIS – Workday Compensation, Advanced Compensation & Benefits Configurations
- Location
- Hyderabad, India
- Employment
- Full Time
- Work model
- On-Site
- Level
- Entry
- H-1B history
- 1 approvals (FY2023)
- Posted
Skills
About this role
Our Company
As a part of Brookfield’s $416B credit platform, Oaktree is a premier credit manager emphasizing an opportunistic, value-oriented, and risk-controlled approach to investing across credit, equity, and real estate. Oaktree is committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture. Oaktree is wholly owned by Brookfield, a leading global investment firm with more than $1 trillion in assets under management. Brookfield owns and operates high-quality businesses and real assets that provide essential services and form the backbone of the global economy. It invests on behalf of institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit. For additional information, please visit Oaktree’s website at http://www.oaktreecapital.com/ Position Summary The Associate, HRIS – Workday Compensation, Advanced Compensation & Benefits is responsible for supporting, enhancing, and continuously improving HR systems and operational processes across the organization. This role will serve as a functional and technical subject matter expert for Workday Compensation, Advanced Compensation, and Benefits, partnering with HR and business stakeholders to translate requirements into scalable and effective Workday solutions. The position will act as a thought partner to HR customer groups, advising on business requirements, system configuration, process improvements, data presentation, and decision-making. The individual will collaborate closely with the Human Resources Systems (HRS) team, Compensation and Benefits teams, HR Service Operations, senior global HR leadership, and other business stakeholders across the Brookfield-supported footprint. This position requires the employee to work onsite.
Key Responsibilities
Provide functional and technical expertise across Workday Compensation, Advanced Compensation, Benefits, and HCM Core. Configure, maintain, and enhance Workday Compensation and Advanced Compensation functionality, including compensation plans, compensation packages, eligibility rules, compensation grades, grade profiles, salary plans, allowance plans, bonus plans, and merit processes. Support the configuration and administration of Advanced Compensation review cycles, including merit, bonus, promotion, lump-sum, and other compensation review processes. Configure and maintain compensation eligibility rules, guidelines, compensation matrices, pools, budgets, and award calculations based on business requirements. Partner with Compensation teams to support annual and off-cycle compensation processes, ensuring configurations align with compensation policies and business requirements. Provide functional and technical support for Workday Benefits, including benefit plans, benefit programs, eligibility rules, enrollment events, benefit groups, coverage levels, and related business processes. Support Open Enrollment, new-hire enrollment, life-event processing, and other benefits administration activities within Workday. Translate complex Compensation and Benefits business requirements into effective Workday system configurations and solutions. Develop and maintain calculated fields, condition rules, eligibility rules, validation rules, custom notifications, alerts, and Business Process Definitions. Configure and maintain Compensation and Benefits-related business processes, approvals, routing, security considerations, and notifications. Partner with business stakeholders to identify opportunities for process improvements, automation, system enhancements, and operational efficiencies. Prepare comprehensive test plans and test cases and conduct functional, regression, integration, and release testing for Workday