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Manager/AVP- GHR- Performance Management

MUFG · Banking & Financial Services

  • MUFG Global Service Private Ltd. - Bengaluru (BCIT); MUFG Global Service Private Ltd. - Mumbai (NKP)
  • On-site
  • Posted today

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
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.