MUFG—Analyst/Sr.Analyst-MGS GHR PRB- Rewards

Job description

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 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.