M

MUFG

Global bank offering diversified financial services

Assistant Vice President – Human Resources - Multiple Teams

Compensation & BenefitsConfirmed live in the last 24 hours
Full-timeBengaluru, Karnataka, IndiaNo salary listedIn-person

About the Job

Requirements

  • A degree or equivalent 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.
  • Understanding of the financial services regulatory environment.
  • Understanding of the Fair Labor Standards Act and other applicable regulations.
  • Client management skills.
  • Proficiency 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, and external competitiveness.
  • Deep understanding of compensation philosophies, including lead, lag, match, and lead-lag approaches.
  • Deep understanding of compensation plans covering salary, cost-of-living adjustments, merit increases, bonus structures, domestic workers, global workers, expatriates, executives, shift workers, and part-time employees.
  • Advanced knowledge of deferred compensation and direct and indirect compensation.
  • Deep understanding of pay practices and issues, including pay increases, base pay, pay levels, banding, variable pay, pay compression, pay equity, pay transparency, and market data.
  • Experience implementing and tracking compensation metrics and benchmarks, including compa-ratio.
  • Basic accounting and financial knowledge.
  • Proficiency with Microsoft Office, Excel, and PowerPoint.
  • Effective communication, analytical and critical thinking, decision-making, sound judgment, prioritization, collaboration, technology use, and industry best-practice application.
  • Ability to work with all levels of management and employees.
  • Integrity, inclusivity, flexibility, resilience, and openness to others’ ideas.

Responsibilities

  • Collaborate with performance and rewards leaders on the design and delivery of compensation programs, including execution of the annual compensation review process for supported business lines.
  • Own and execute the bank’s incentive governance framework for all business incentive and compensation plans in assigned client groups.
  • Support the incentive design process for business-line incentive compensation plans by partnering with business, finance, compliance, risk, and human resources business partners.
  • Provide analysis and insights on base salary, bonus, and equity programs.
  • Provide analysis supporting compliance with relevant regulations in assigned business lines.
  • Execute the annual market survey process for assigned business lines.
  • Develop solutions to deliver market data and appropriate analysis to business lines.
  • Perform ad hoc analysis to support business needs.
  • Provide project management and execute strategic compensation projects.

Desired Qualifications

  • Understanding of the financial services regulatory environment is preferred.
  • Experience using Workday.

About the Company

MUFG

Global bank offering diversified financial services

MUFG is a major global financial group that provides a wide range of banking and financial services, including commercial and trust banking, securities, credit cards, and asset management. Its products are delivered through a network of domestic and international banks, digital platforms, and financial advisers, offering loans, deposits, payments, investment services, and asset management. MUFG stands out due to its size and scale as one of the world’s largest financial groups, its diversified offerings across banking and securities, and its strong international presence (notably expanding in the U.S. after investing in Morgan Stanley in 2008). Its goal is to support economic growth worldwide by expanding its global footprint and promoting sustainable finance.

Company size
10,001+
Company stage
IPO
Headquarters
Tokyo, Japan
Founded
2006

Recently Posted Jobs

Explore more opportunities at MUFG

See more jobs