Job Description
MUFG Bank, N.A., part of Mitsubishi UFJ Financial Group (MUFG), is one of the world's leading financial institutions with more than 150,000 employees globally. The organization is committed to long-term growth, innovation, diversity, and delivering value to clients, communities, and employees. This is a full-time on-site opportunity based in Greater Bengaluru. The Vice President – Global HR Performance, Rewards & Benefits will partner with HR and business leaders to design, implement, and deliver compensation and total rewards programs aligned with business objectives. The role includes implementing the bank's incentive governance framework, managing incentive and commission plan design, collaborating with Finance, Compliance, Risk, and HR Business Partners, resolving compensation-related issues, ensuring compliance with compensation regulations including FLSA, conducting detailed market pricing and benchmarking analysis, participating in annual compensation surveys, supporting innovative compensation strategies, managing annual pay review and focal review processes, performing advanced compensation analytics, overseeing project timelines, supporting strategic Total Rewards initiatives, managing vendor relationships, handling audit requests, administering executive equity plans, managing deferred compensation programs, supporting audit remediation, administering executive perquisite programs, and providing analytical support for executive compensation decisions. Candidates should possess a Bachelor's degree or equivalent work experience with extensive experience in compensation design, rewards governance, performance and rewards programs, compensation benchmarking, market intelligence, salary structures, variable pay, executive compensation, deferred compensation, global mobility compensation, pay equity, pay transparency, and regulatory compliance. Strong analytical, stakeholder management, leadership, communication, decision-making, collaboration, project management, Workday, MS Excel, and PowerPoint skills are highly desirable. Experience in the financial services industry and exposure to SOX, compensation regulations, and executive compensation programs will be an added advantage.
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