Performance Incentive Metric Governance Senior Director

The mandate

The Remuneration Committee seeks independent financial advice on whether performance measures reward durable value, remain controllable enough for accountability and resist predictable gaming. The focus is metric economics and calibration, not individual pay decisions. Measures must work together without encouraging short-term choices that damage cash, risk or future capacity.

The standing question is how each proposed metric changes behavior under plausible conditions, including threshold, target, maximum and exceptional outcomes. The adviser will attend scheduled committee meetings, run calibration workshops and independently test historical distributions and interaction effects.

No line authority, remuneration approval, individual assessment or scheme administration transfers to the Senior Director. Recommendations on measure design, weighting, guardrails and adjustment policy route through the Committee Chair. The committee owns decisions; management owns performance and data submissions.

The engagement concludes after the design and initial monitoring cycle. Renewal requires a separately framed question. Conflicts include prior scheme design for affected executives, relevant compensation consulting relationships and financial interests connected to outcome measures; all must be disclosed and may trigger recusal.

What you will own

• Assess proposed metrics for strategic linkage, financial integrity, controllability, verifiability, time horizon and gaming risk.
• Model threshold-to-maximum curves against historical and stress outcomes, highlighting windfall and cliff effects.
• Test interactions between growth, margin, cash, return, delivery and risk measures to identify contradictory incentives.
• Recommend weightings and guardrails that preserve downside accountability and prevent one strong measure from neutralising critical failure.
• Define adjustment principles for acquisitions, currency, accounting changes, exceptional events and management discretion before outcomes occur.
• Review source, ownership, restatement and assurance paths for each metric without providing the assurance opinion.
• Facilitate three calibration workshops and record contested judgements, committee decisions and residual risks.
• Deliver a first-cycle monitoring framework showing leading behavior indicators as well as eventual payout outcomes.

Candidate qualifications

• At least 18 years in FP&A, performance management, incentive economics or remuneration committee advice.
• Evidence that your metric analysis exposed a gaming, windfall or cliff effect before plan approval.
• Advanced understanding of target calibration, distribution analysis, metric interaction, controllability and ex-ante adjustment policy.
• A case where you recommended a non-financial or delayed measure to protect value not captured in current-period profit.
• Experience advising remuneration committees while avoiding individual pay recommendation or executive performance ownership.
• Ability to explain complex calibration to directors with transparent assumptions and no false statistical certainty.
• Full disclosure of compensation advisory, scheme-design and financial interests relevant to independent judgement.

Working terms and boundaries

• The advisory appointment covers nine months at three days a week, including six meetings and three calibration workshops.
• There is no line authority, individual-pay role, scheme approval or metric assurance responsibility.
• Conflicts are refreshed before each meeting and whenever affected participants or measures change; the Chair controls recusal.
• Data validation execution, legal drafting and scheme administration remain outside scope.
• Completion requires calibrated metric recommendations, approved adjustment principles, workshop records and an accepted monitoring framework.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference FPA-ADV-2026-MIL-39.