Vice President

Posted Yesterday
Be an Early Applicant
7 Locations
In-Office or Remote
Senior level
Fintech
The Role
Lead design and delivery of compensation and incentive programs for assigned business lines. Manage incentive governance, perform market pricing and specialized analysis, ensure regulatory compliance (e.g., FLSA), support executive compensation administration, manage vendor and audit requests, and provide compensation consulting to HR and business leaders.
Summary Generated by Built In

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.

EDUCATION • Degree or equivalent work experience equally preferable CERTIFICATIONS WORK EXPERIENCE • Experience designing and implementing compensation solutions/programs • Area-specific (i.e.: Executive, etc.) compensation design, governance and process experience • Strong working knowledge of base pay, total compensation, , organizational job review and structuring, external market data analysis, and compensation regulations • Senior management committee support experience a plus FUNCTIONAL SKILLS • Understanding of the financial services regulatory environment • Knowledge of FLSA and other applicable regulations • Expertise in gathering compensation-related market and competitive intelligence including utilization of market surveys and market trends • Proven ability to interpret and analyze compensation and labor market data to assess: comparable worth; benchmarking; internal alignment; external competitiveness • Extensive knowledge of compensation philosophies/programs (lead; lag; match; lead-lag); compensation plans (salary; cost-of-living adjustment; merit increase; bonus structure; domestic workers; global workers; expatriates; executives; part-time employees) • Advanced knowledge of deferred compensation; direct and indirect compensation • Extensive knowledge of pay practices and issues: pay increases; base pay; pay levels; variable pay; pay compression; pay equity; pay transparency; market data • Expertise implementing and tracking relevant compensation metrics and benchmarks (compa-ratio, etc.) • Basic accounting and financial knowledge • Strong client management skills • Proficient with MS Office Excel, and PowerPoint • Experience using Workday a plus FOUNDATIONAL SKILLS • Demonstrates leadership, ability to provide guidance to junior team members • Communicates effectively • Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills • Operates strategically to support a culture of continuous improvement and systems thinking • Makes sound business decisions in a complex work environment • Collaborates with other business functions and divisions to advance business objectives • Is flexible, decisive, and able to establish support from leadership • Monitors industry trends and best practices and applies insights to advance the business • Exhibits and fosters optimism, resilience, flexibility, and openness to others' ideas • Inspires innovation and values learning as a lifelong professional objective • Leads by example, engaging inclusively and with intent • Always acts with integrity • Ability to work with all levels of management and employees • Team oriented • Strong collaboration skills RESPONSIBILITIES • Partner with HR and business leaders to design and deliver compensation programs/solutions in the business lines supported • Implement and execute the bank’s incentive governance framework for all business incentive compensation plans in assigned client groups • Manage the incentive design process for the business lines’ incentive and commission plans, partnering closely with the business, finance, compliance, risk and the HR business partner as needed • Research and resolve compensation related issues and propose alternative solutions and guidance. Recognize need for escalation • Ensure compliance with all relevant regulations (e.g. FLSA) in assigned business lines • Provide thorough analysis and review on all FLSA issues • Enhance and implement the Bank’s market data approach. Conduct detailed market pricing and specialized analysis for assigned areas • Participate in the annual market survey process • Support the design of innovative compensation solutions to support assigned business lines, and provide compensation consulting to influence decision making • Execute the annual pay review process effectively for assigned business lines • Perform ad hoc analysis to support business needs • Participate in the annual Focal Review process, determining key dates and events and provide business unit support • Conduct detailed market pricing and specialized analysis for assigned areas • Oversee project timelines • Participate in the annual survey process for assigned areas • Manage and support strategic projects for total rewards • Manage outside vendor relationships as appropriate • Manage internal vendor management and internal and external audit requests • For executive compensation: • Manage equity plan administration by managing grant/termination process, maintaining and reconciling equity program data with stock plan administrator and internal HR Controllers, audit reports, and answering stock plan related inquiries • Manage administration of non-qualified deferred compensation program • Manage Total Rewards Open Issues audit remediation • Provide analytical support on various executive compensation analysis requests • Manage administration of various executive perquisite programs, such as financial services

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

Skills Required

  • Degree or equivalent work experience
  • Experience designing and implementing compensation solutions/programs
  • Area-specific compensation design, governance and process experience (e.g., executive compensation)
  • Strong working knowledge of base pay, total compensation, organizational job review and structuring, external market data analysis, and compensation regulations
  • Senior management committee support experience
  • Understanding of the financial services regulatory environment
  • Knowledge of FLSA and other applicable regulations
  • Expertise in gathering compensation-related market and competitive intelligence including market surveys and trends
  • Ability to interpret and analyze compensation and labor market data for benchmarking and internal alignment
  • Extensive knowledge of compensation philosophies, plans, deferred compensation, pay practices, and pay equity issues
  • Expertise implementing and tracking compensation metrics and benchmarks (e.g., compa-ratio)
  • Basic accounting and financial knowledge
  • Strong client management and collaboration skills
  • Proficient with MS Office Excel and PowerPoint
  • Experience using Workday
  • Demonstrated leadership and ability to guide junior team members
  • Effective communication and decision-making skills in complex environments
  • Ability to manage vendor relationships, projects, and audit requests
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Chiyoda-ku, Tokyo
30,196 Employees

What We Do

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,500 locations in more than 50 markets including the Americas, Europe, the Middle East and Africa, Asia and Oceania. The Group has over 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. Through close partnerships among our group companies, the Group aims to be the world's most trusted financial group, flexibly responding to all of the financial needs of its customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges.

Similar Jobs

Beneva Inc. Logo Beneva Inc.

VP - Corporate Communications

Insurance • Financial Services
In-Office or Remote
2 Locations
6500 Employees

GSTS - Global Spatial Technology Solutions Logo GSTS - Global Spatial Technology Solutions

VP, Marketing

Artificial Intelligence • Logistics
In-Office or Remote
Ottawa, ON, CAN
48 Employees

Global Facility Management & Construction, LLC Logo Global Facility Management & Construction, LLC

Sales Manager

Professional Services • Real Estate • Industrial
In-Office or Remote
7 Locations
125 Employees
120K-200K Annually

StackAdapt Logo StackAdapt

VP Legal, Commercial

AdTech • Marketing Tech
Remote
2 Locations
371 Employees

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Fintech • Software
New York, New York
6 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account