Specialist, Performance & Reward (Mumbai)

Specialist, Performance & Reward (Mumbai)

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

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