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. 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.

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

As a Reward Specialist, you will 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. You will also have the opportunity to support wider initiatives across the Global PRB team, working closely with colleagues in London to contribute to the creation of a successful high-performance culture across MUFG.

The role includes the following:

• Support the delivery of the annual compensation review, liaising with business heads and HR Business Partners to ensure a successful year-end process.
• Prepare regulatory disclosures and provide input into the Annual Report and Pillar 3 on remuneration items.
• Lead regular salary and benefits benchmarking exercises to ensure robust market data for compensation decisions and key hires.
• Support the Material Risk Taker (MRT) Identification process in line with the latest EU and Dutch regulation.
• Stay abreast of EU regulation and ensure policies and practices are fully aligned, including annual reviews of Reward Policies and gap analysis.
• Support or lead on reward projects, including new 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 stakeholders, including the Management Board and Supervisory Board.
• Regular liaison with Finance regarding bonus accrual, deferral schedules, and other compensation matters.
• Support the annual audit of remuneration and ensure 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:

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

Functional / Technical Competencies

• Strong analytical skills and 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 managing multiple deliverables, deadlines, and stakeholders
• Ability to prioritise a challenging workload and act with urgency, delivering to multiple, sometimes tight, deadlines
• Initiative and proactivity
• Team player who enjoys 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 in the world, in a growing and international environment. You will have various opportunities to develop yourself, supported by training and development possibilities. We take into account your home situation and ambitions, helping you to balance work and private life. You will work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best. Monthly team events are also part of our culture.

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment
• 30 vacation days per year, with the option to buy 15 additional days
• Commuting allowance based on annual public transport 2nd class (most economical way), or €0.23 per km with a max of 75km one way
• €5.00 net remote working compensation per day, with a maximum of €60.00 per month
• Possibility to order a mobile phone (up to €800)
• Possibility to order office equipment for the home office (up to €500)
• Remote Working Policy, including Working From Home (WFH) and Remote Working in another Country
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (e.g., Dutch language classes)
• Employee contribution towards Pension insurance (max 5%, currently 2%), with a defined contribution scheme
• Training & development possibilities paid by the bank

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