AVP - GHR - Performance, Rewards, Benefits

Job description

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

EDUCATION

• Degree or equivalent work experience equally preferable CERTIFICATIONS WORK

EXPERIENCE

• Experience executing compensation programs in a large organization
• Knowledge of base pay, total compensation, organizational job review and structuring, external market data analysis, and compensation regulations FUNCTIONAL

SKILLS

• Understanding of the financial services regulatory environment is preferred
• Understanding of FLSA and other applicable regulations
• Client management skills
• Proficient in gathering compensation-related market and competitive intelligence
• Ability to interpret and analyze compensation and labor market data to assess: comparable worth; benchmarking; internal alignment; external competitiveness
• Deep understanding of compensation philosophies (lead; lag; match; lead-lag); compensation plans (salary; cost-of-living adjustment; merit increase; bonus structure; domestic workers; global workers; expatriates; executives; shift workers; part-time employees)
• Advanced knowledge of deferred compensation; direct and indirect compensation

Deep understanding of pay practices and issues

• pay increases; base pay; pay levels; banding; variable pay; pay compression; pay equity; pay transparency; market data
• Experience implementing and tracking relevant compensation metrics and benchmarks (compa-ratio, etc.)
• Basic accounting and financial knowledge
• Proficient with MS Office, Excel, and PowerPoint
• Experience using Workday a plus FOUNDATIONAL

SKILLS

• Communicates effectively
• Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
• Exercises sound judgement, prioritizes effectively, and strives for continuous improvement. Recognizes and escalates potential issues appropriately
• Effectively collaborates with colleagues
• Leverages available technology to drive efficiency and results
• Understands and applies industry trends and best practices
• Exhibits optimism, resilience, flexibility, and openness to others' ideas
• Values learning as a lifelong professional objective
• Engages inclusively and with intent
• Always acts with integrity
• Ability to work with all levels of management and employees
• Team oriented
• Strong collaboration skills

RESPONSIBILITIES

• Collaborates with performance and rewards leaders on the design and delivery of compensation programs including the execution of the annual compensation review process for the business lines supported
• Own and execute the bank’s incentive governance framework for all business incentive and compensation plans in assigned client groups
• Provide support for the incentive design process for the business lines’ incentive compensation plans, partnering closely with the business, finance, compliance, risk and the HR business partner
• Provide analysis and insights on base salary, bonus and equity programs
• Provide analysis to support compliance with all relevant regulations in assigned business lines
• Execute the annual market survey process for assigned business lines
• Develop solutions to effectively deliver market data and the appropriate analysis to the business lines
• Perform ad hoc analysis to support business needs
• Provide project management and execute strategic projects for compensation Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer.

We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.