Associate Manager, Performance & Rewards

Funding Societies | Modalku is the largest SME digital finance platform in Southeast Asia. We are licensed and operating  in Singapore, Indonesia, Thailand, Malaysia andVietnam, and backed by Sequoia India (Peak XV), Softbank Vision Fund, Khazanah and SMBC bank amongst many others. Funding Societies | Modalku provides business financing to small and medium-sized enterprises (SMEs), which is funded by individual and institutional investors, as well as payments solutions to SMEs and consumers
Here at Funding Societies | Modalku we live by our core values GETFS:

• Grow Relentlessly: Strive to become our best, most authentic selves.
• Enable Teamwork, Disable Politics: Only by forging togetherness, we help each other succeed.
• Test Measure Act: Stay curious and reinvent ourselves, through innovation and experimentation.
• Focus on Impact: Create impact through bias for action and tangible results.
• Serve with Obsession: Build win-win relationships for the long-term by having a customer obsession.

What you will do: 

• Performance Management
• Manage end-to-end performance review cycles, including planning, calibration, communication, and system processes.
• Partner with C-suite leaders, managers, and HRBPs to ensure consistent and fair performance assessment.
• Analyze performance data and provide insights to guide talent and compensation decisions.
• Total Rewards
• Support salary review cycles, annual bonus programs, and other rewards processes.
• Conduct benchmarking and market analysis to ensure competitiveness.
• Analyze and design employee insurance and benefits programs, ensuring compliance with local regulations.
• Support annual budgeting and forecasting from a Compensation & Benefits perspective.
• Projects & Governance
• Contribute to policy reviews, governance processes, and audit requirements.
• Support regional initiatives such as ESOPs, incentives, career levels, and new rewards frameworks.
• Conduct analysis, prepare reports, and build dashboards for leadership discussions.

What we are looking for: 

• Bachelor’s degree in Human Resources, Business, Finance, or related field.
• 2-5 years of HR experience with a focus on performance management and compensation & benefits.
• Strong analytical and Excel/Google Sheets skills; ability to build models and extract insights.
• Knowledge of market benchmarking, performance frameworks, and regional employment practices.
• Detail-oriented, structured, and able to manage multiple cycles/projects.
• Strong communication and stakeholder management skills, including working with senior leaders.

• Time off - We would love you to take time off to rest and rejuvenate. We offer flexible paid vacations as well as many other observed holidays by country. We also like to have our people take a day off for special days like birthdays and work anniversaries.
• Flexible working - We believe in giving back the control of work & life to our people. We trust our people and love to provide the space to accommodate each and everyone's working style and personal life.
• Medical benefits - We offer health insurance coverage for our employees and dependents. Our people focus on our mission knowing we have their backs for their loved ones too.
• Mental health and wellness - We understand that our team productivity is directly linked to our mental and physical health. Hence we organize org-wide fitness initiatives and engage partners to provide well-being coaching.
• Tech support - We provide a company laptop for our employees and the best possible support for the right equipment/tools to enable high productivity

Interested to know more about us? Learn about our stories .