Reward Specialist

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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting a Reward Specialist for our HR Department in Amsterdam.

Your impact at MUFG

To provide support to the Reward Director in all Performance, Reward and Benefits (PRB) initiatives across the EU businesses. The role involves analysing and presenting compensation data to ensure the local reward framework is competitive, equitable and aligned with business goals, as well as compliant with EU regulation.

Furthermore, the role will have the opportunity to support on wider initiatives across the Global PRB team, working closely with the wider PRB team in London in order to contribute to the creation of a successful high-performance culture across MUFG.

The role includes the following:

• Provide support in the delivery of the annual compensation review, including liaising with the business heads and the HR Business Partners to deliver a successful year end process.
• Prepare regulatory disclosures and provide input into the Annual report and Pillar 3 on remuneration items.
• Lead on regular salary and benefits benchmarking exercises to ensure appropriate and robust market data is available for supporting compensation decisions and advising the business on key hires.
• Support the Material Risk Taker (MRT) Identification process in line with latest EU and Dutch regulation.
• Stay abreast of EU regulation and ensure policies and practice is fully aligned. This includes completing an annual review of Reward Policies and gap analysis to identify any changes required.
• Support or lead on reward projects, including new reward initiatives from the local business or Global PRB Team.
• Design and complete analysis to provide scenarios and solutions to the Management Board.
• Prepare clear presentations for senior stakeholder including Management Board / Supervisory Board.
• Regular liaison with Finance regarding the bonus accrual, deferral schedules and other compensation matters.
• Support the annual audit of remuneration and ensuring any findings are addressed and closed during the year.
• Provide day to day support to HR Business Partners on reward matters ensuring all reward governance is appropriately followed.

In order to be successful in the role, you will need the following:

Work experience

• 2-4 years relevant work experience
• Knowledge of Reward within financial services
• Experience of working with and delivering for multiple stakeholders
• Experience of analysing data and presenting trends and themes in order to inform HR and business decisions
• Experience of working in a multi-national organisation
• Preferred would be operational knowledge of HR management systems preferably Workday

Functional / Technical Competencies

• Strong analytical skills and good attention to detail
• Excellent written, verbal and interpersonal communication skills, able to adapt style and tone to suit the audience
• Strong skills in Microsoft Office (Excel, Word, Powerpoint)
• Strong organisational skills with experience in managing multiple deliverables, deadlines and stakeholders
• Demonstrates an ability to prioritise a challenging workload and act with urgency, delivering to multiple, sometimes tight, deadlines
• Ability to take the initiative and be proactive
• Team player and enjoy collaborating within the team

Education / Qualifications

• Professional Human Resources/business certification or equivalent industry experience desired

Personal requirements:

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective

Professionalism and Teamwork

• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves To Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Additional information:

The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.

We are open to considering flexible working requests in line with organisational requirements.

Our Culture Principles

• Client Centric
• People Focused
• Listen Up. Speak Up.
• Innovate & Simplify
• Own & Execute