15 Oct
|
MUFG Pension u0026 Market Services
|
Mumbai
15 Oct
MUFG Pension u0026 Market Services
Mumbai
Job highlights
- Bachelors degree in Human Resources,Finance,Business,or a related field desirable
- Provide extract data reports applying the appropriate custom parameters for MUFG PMS including comparison group,pay components and regional / city specific data where required
- Experience &
- Personal Attributes
- 5+ years of experience in compensation,benefits,or HR analytics
A global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets safely, securely and responsibly
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights
Overview The Performance &
- Reward Specialist will report to Director, Remuneration &
Benefits based in Australia with a dotted reporting line to Director, HR based in India
This role will be actively involved in the delivery and maintenance of MUFG PMS global remuneration and benefit programs and strategy
You will support and be involved in reporting and analytics related to these remuneration and benefits programs
Key Accountabilities and main responsibilities
Support the Remuneration &
Benefits Programs
Support the effective delivery of the Performance Management (Goal Setting/Mid-Year Review and End of Year Review) and Remuneration Review programs
Work in collaboration with HR systems to ensure the performance management and remuneration review programs are effectively enabled by system setup, appropriate pay ranges, configuration, open/due dates/close requirements
Conduct system testing and confirm requirements with HR Systems to ensure system content, flow and language enable the purpose and requirements of the processes
Prepare data for remuneration review and bonus allocation, including eligibility criteria, budget pools and define the planning-manager population
Provide reporting dimensions (e g completion/rating across all business units) that cannot be easily produced by available dashboard reports
Produce reporting and insights including review completion, ratings distribution, remuneration planning distribution, bonus allocation and budget usage
Manage insurance perks alongside the market HR teams, specifically in HK and India
Continuously review and update existing processes for operational efficiency
Data Analytics &
- Reporting
Support with analysis related to cleaning up and aligning the internal Job Architecture for all employees
Provide analysis to support the delivery of a transparent Job Architecture for the organisation
Provide extract data reports applying the appropriate custom parameters for MUFG PMS including comparison group, pay components and regional/city specific data where required
Prepare survey submissions including position matching, salary, bonus and equity and HR Practices
Support with developing salary ranges and uploading these to HRIS and linked to job codes
Periodically revise the survey matching data across the organisation to identify inconsistency in matching, data anomalies, opportunities for simplification and incomplete matching
Develop and implement solutions to identified issues by HRBP consultation, data correction,
process/configuration refinement or other channels as required
Prepare and aubmit annual census data file for Salary Continuance and other benefits
Complete Gender Pay Gap analyses globally
Support the Director with compiling and providing analysis for the Remuneration (Board) committee papers
People
Work closely with stakeholders to be recognised as a key member of the Performance &
- Reward team, actively exhibiting a high performing culture and MPMS values across the business
Foster strong working relationships with external vendors and internal stakeholders
Governance &
- Risk
Ensure compliance with all regulations, industry standards and MPMS values
Keep up to date with regulatory or legislative changes that may impact reporting processes
Promote a best-practise culture within the business through training, education and compliance awareness The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs
Experience &
- Personal Attributes
Bachelors degree in Human Resources, Finance, Business, or a related field desirable
5+ years of experience in compensation, benefits, or HR analytics
Strong analytical skills with proficiency in Excel, HRIS, and data visualization tools
Knowledge of job evaluation methodologies and market benchmarking tools
Experience with performance management processes and frameworks
Demonstarted ability to handle sensitive information with discretion and confidentiality
Excellent communication and stakeholder management skills
Strong problem-solving, with clear decision-making skills to analyse complex information, in a way that drives resolution
Demonstrated capability and motivation to embrace new technology and ways of working
Highly organised and meticulous to ensure efficient processing of data
Ability to effectively collaborate,influence and build partnerships across internal stakeholders and balance competing interests
📌 Specialist, Performance & Reward (Mumbai)
🏢 MUFG Pension u0026 Market Services
📍 Mumbai