The posting
Main Purpose of the role
- The VP, Global Reward Consulting, supports the delivery of Performance and Reward advisory services for designated businesses/ functions, partnering with senior business leaders, HR Business Partners, Reward colleagues and other key stakeholders on remuneration, performance management and annual review matters.
- The role supports the execution of core Reward processes, including fixed pay, variable pay, market benchmarking, year-end pay review, hiring and off-cycle pay adjustments, target bonus and related governance activities, ensuring outcomes are aligned with organisational objectives, market competitiveness and MUFG’s Reward Philosophy.
- Working closely with MGS, broader GPRB and GHR teams, the role provides practical, risk-conscious and governance-aligned advice, while contributing to process improvement, stakeholder experience and effective delivery across a global, matrixed and regulated environment.
What you’ll do:
- Support the delivery of Performance and Reward strategies and processes for designated Businesses/ Functions, ensuring advice and outputs are aligned with organisational objectives, market competitiveness, governance standards and regulatory requirements.
- Act as a trusted adviser to senior business leaders, HR Business Partners, GPRB colleagues and other GHR stakeholders, providing advice and constructive challenge on remuneration, performance management, talent and workforce-related matters.
- Partner with the Global Program Delivery team to execute core Reward processes, including market benchmarking, reward analysis, fixed pay funding, variable pay funding, year-end pay review, onboarding, hiring, off-cycle pay adjustments and target bonus.
- Support annual compensation and performance management cycles, including calibration, pay review, bonus allocation, performance assessment and related stakeholder engagement activities.
- Prepare and review reward analysis, market data, pay proposals, funding inputs, committee materials, management information and stakeholder packs, ensuring outputs are accurate, evidence-based, commercially appropriate and suitable for senior review.
- Deliver market intelligence, benchmarking analysis and external insights to support reward decision-making, workforce planning and senior stakeholder discussions.
- Support the review of Reward packages, assessing alignment with local regulation, internal policy, market practice, internal equity, affordability and business needs, and escalating complex or sensitive cases as required.
- Contribute to Reward agendas for relevant governance forums, including annual review, global bonus funding, target bonus and other reward-related committee discussions.
- Advise stakeholders on remuneration regulation, governance considerations and risk-aligned pay practices, ensuring reward decisions reflect applicable internal policies and regulatory requirements.
- Identify emerging reward, performance, workforce and organisational risks within supported business areas, escalating or supporting mitigation actions as appropriate.
- Partner with specialist PRB colleagues across Performance Management, Global Program Delivery, Global Regulatory and Deferred Reward, MGS and broader GHR teams to deliver integrated solutions to complex reward and people-related issues.
- Identify and contribute to reward process improvements, controls, data quality enhancements and change initiatives that improve consistency, efficiency, stakeholder experience and value-added service delivery.
- Maintain a strong understanding of supported business areas, including business priorities, workforce requirements, market conditions and competitive dynamics affecting reward and Lead and contribute to GPRB / GHR projects / initiatives.
What you bring:
- At least 7 years of experience in banking/financial institutions with at least 5 years in performance and rewards
- Strong understanding of remuneration principles, performance management practices, annual review processes and talent-related decision-making.
- Experience supporting complex Reward processes, including market benchmarking, reward analysis, fixed pay review, variable pay, bonus funding, pay adjustments, target bonus and reward governance.
- Experience partnering with senior business leaders, HR Business Partners, Reward colleagues and business stakeholders to support commercially viable, internally equitable and governance-aligned outcomes.
- Strong commercial awareness, with the ability to balance business priorities, market competitiveness, affordability, internal equity, governance, risk and regulatory considerations.
- Strong analytical capability, with experience using reward data, market data and workforce insights to support recommendations, stakeholder discussions and decision-making.
- Experience preparing reward analysis, committee materials, senior stakeholder packs or management information for senior review.
- Ability to manage multiple priorities and deliver high-quality outcomes in a fast-paced, cycle-driven environment.
Preferred:
- Experience working across global or regional teams, multiple jurisdictions and complex matrixed environments.
We regret to inform that only shortisted candidates will be notified. (Job ID:10080135)
