Vice President - Reward Consulting

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.

Main Purpose of the role

• The VP, Global Reward Consulting, supports the delivery of Performance and Reward advisory services for designated businesses/ functions, partnering with senior business leaders, HR Business Partners, Reward colleagues and other key stakeholders on remuneration, performance management and annual review matters.  

• The role supports the execution of core Reward processes, including fixed pay, variable pay, market benchmarking, year-end pay review, hiring and off-cycle pay adjustments, target bonus and related governance activities, ensuring outcomes are aligned with organisational objectives, market competitiveness and MUFG’s Reward Philosophy.  

• Working closely with MGS, broader GPRB and GHR teams, the role provides practical, risk-conscious and governance-aligned advice, while contributing to process improvement, stakeholder experience and effective delivery across a global, matrixed and regulated environment. 

What you’ll do:

• Support the delivery of Performance and Reward strategies and processes for designated Businesses/ Functions, ensuring advice and outputs are aligned with organisational objectives, market competitiveness, governance standards and regulatory requirements.  
• Act as a trusted adviser to senior business leaders, HR Business Partners, GPRB colleagues and other GHR stakeholders, providing advice and constructive challenge on remuneration, performance management, talent and workforce-related matters.
• Partner with the Global Program Delivery team to execute core Reward processes, including market benchmarking, reward analysis, fixed pay funding, variable pay funding, year-end pay review, onboarding, hiring, off-cycle pay adjustments and target bonus. 
• Support annual compensation and performance management cycles, including calibration, pay review, bonus allocation, performance assessment and related stakeholder engagement activities. 
• Prepare and review reward analysis, market data, pay proposals, funding inputs, committee materials, management information and stakeholder packs, ensuring outputs are accurate, evidence-based, commercially appropriate and suitable for senior review. 
• Deliver market intelligence, benchmarking analysis and external insights to support reward decision-making, workforce planning and senior stakeholder discussions. 
• Support the review of Reward packages, assessing alignment with local regulation, internal policy, market practice, internal equity, affordability and business needs, and escalating complex or sensitive cases as required.
• Contribute to Reward agendas for relevant governance forums, including annual review, global bonus funding, target bonus and other reward-related committee discussions. 
• Advise stakeholders on remuneration regulation, governance considerations and risk-aligned pay practices, ensuring reward decisions reflect applicable internal policies and regulatory requirements.
• Identify emerging reward, performance, workforce and organisational risks within supported business areas, escalating or supporting mitigation actions as appropriate. 
• Partner with specialist PRB colleagues across Performance Management, Global Program Delivery, Global Regulatory and Deferred Reward, MGS and broader GHR teams to deliver integrated solutions to complex reward and people-related issues. 
• Identify and contribute to reward process improvements, controls, data quality enhancements and change initiatives that improve consistency, efficiency, stakeholder experience and value-added service delivery. 
• Maintain a strong understanding of supported business areas, including business priorities, workforce requirements, market conditions and competitive dynamics affecting reward and Lead and contribute to GPRB / GHR projects / initiatives.

What you bring:

• At least 7 years of experience in banking/financial institutions with at least 5 years in performance and rewards
• Strong understanding of remuneration principles, performance management practices, annual review processes and talent-related decision-making.  
• Experience supporting complex Reward processes, including market benchmarking, reward analysis, fixed pay review, variable pay, bonus funding, pay adjustments, target bonus and reward governance.  
• Experience partnering with senior business leaders, HR Business Partners, Reward colleagues and business stakeholders to support commercially viable, internally equitable and governance-aligned outcomes.  
• Strong commercial awareness, with the ability to balance business priorities, market competitiveness, affordability, internal equity, governance, risk and regulatory considerations.  
• Strong analytical capability, with experience using reward data, market data and workforce insights to support recommendations, stakeholder discussions and decision-making.  
• Experience preparing reward analysis, committee materials, senior stakeholder packs or management information for senior review.  
• Ability to manage multiple priorities and deliver high-quality outcomes in a fast-paced, cycle-driven environment. 

 
Preferred: 

• Experience working across global or regional teams, multiple jurisdictions and complex matrixed environments.  

We regret to inform that only shortisted candidates will be notified.

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.