Specialist, Performance & Reward

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.
• Collaborate with HR systems to ensure performance management and remuneration programs are enabled by system setup, pay ranges, configuration, and deadlines.
• Conduct system testing and confirm requirements with HR Systems to ensure system content, flow, and language meet the process requirements.
• Prepare data for remuneration review and bonus allocation, including eligibility criteria, budget pools, and manager population.
• Produce reporting and insights on review completion, ratings distribution, remuneration planning distribution, bonus allocation, and budget usage.
• Manage insurance benefits alongside market HR teams, specifically in HK and India.
• Continuously review and update existing processes for operational efficiency.

Data Analytics & Reporting

• Support analysis related to cleaning and aligning internal Job Architecture for all employees.
• Provide analysis to support transparent Job Architecture delivery.
• Extract data reports applying custom parameters for MUFG PMS, including comparison group, pay components, and region-specific data.
• Prepare survey submissions for position matching, salary, bonus, equity, and HR practices.
• Develop salary ranges and upload them to HRIS, linked to job codes.
• Periodically revise survey matching data to identify inconsistencies, data anomalies, and opportunities for simplification.
• Develop and implement solutions for identified issues, consulting with HRBPs, correcting data, refining processes, or other channels as required.
• Prepare and submit annual census data files for Salary Continuance and other benefits.
• Complete Gender Pay Gap analyses globally.
• Support the Director with compiling analysis for the Remuneration (Board) committee papers.

People

• Work closely with stakeholders to be recognized as a key member of the Performance & Reward team, exhibiting a high-performance culture and MPMS values.
• 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-practice culture within the business through training, education, and compliance awareness.

Experience & Personal Attributes

• Qualifications:
• Bachelor's degree in Human Resources, Finance, Business, or a related field (desirable).
• Experience:
• 5+ years in compensation, benefits, or HR analytics.
• Skills:
• 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.
• Ability to handle sensitive information with discretion and confidentiality.
• Excellent communication and stakeholder management skills.
• Strong problem-solving and decision-making skills to analyze complex information.
• Demonstrated capability to embrace new technology and ways of working.
• Highly organized and meticulous in processing data.
• Ability to collaborate, influence, and build partnerships across internal stakeholders while balancing competing interests.