Analyst/Sr.Analyst-MGS GHR PRB- Rewards

MUFG · Banking & Financial Services

MUFG Global Service Private Ltd. - Bengaluru (BCIT)
On-site
Posted yesterday
Apply by 10 Oct
HR & Talent

About the job

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

FUNCTIONAL SKILLS

Basic understanding of the financial services regulatory environment is preferred

Knowledge of FLSA and other applicable regulations is preferred

Basic experience gathering compensation-related market and competitive intelligence

Familiarity with interpretation and analysis of compensation and labor market data in order to assess: comparable worth; benchmarking; internal alignment; external competitiveness

Knowledge of compensation philosophies (lead; lag; match; lead-lag)

Familiarity with deferred compensation programs

Understanding of pay practices and issues: pay increases; base pay; pay levels; variable pay; pay compression; pay equity; pay transparency; market data

Familiarity with tracking metrics and benchmarks

Proficient with MS Office including Excel, and PowerPoint

Experience using Workday a plus

FOUNDATIONAL SKILLS

Communicates effectively

Identifies multiple paths to success through the development of analytical, critical thinking, and decision-making skills

Exercises sound judgement and strives for continuous improvement

Demonstrates optimism, resilience, flexibility, and openness to others' ideas

Learns while doing

Actively listens and asks thoughtful questions

Leverages available technology to achieve efficiency and results

Engages inclusively and with intent

Always acts with integrity

Team oriented

Strong collaboration skills

RESPONSIBILITIES

Executes the delivery of compensation programs including incentive compensation plans in the business lines supported

Coordinates the annual market survey process for assigned business lines. Develops solutions to effectively deliver market data and the appropriate analysis to the business lines

Participates in and supports the annual pay review process for assigned business lines, including system implementation testing, and other pre-launch activities

Provides support for the incentive design process for the business lines’ incentive compensation plans as appropriate

Contributes to analysis to support compliance with all relevant regulations in assigned business lines (e.g.: minimum wage)

Performs ad hoc analysis to support business needs

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.

Apply on MUFG