Do you want your voice heard and your actions to count
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 150000 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 worlds most trusted financial group its 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 Worlds largest banks in an exciting dynamic and international environment
We are currently recruiting a Reward Specialist for our HR Department in Amsterdam.
About MUFG
Mitsubishi UFJ Financial Group Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history MUFG has a global network with approximately 2000 locations in more than 40 countries. The Group has about 120000 employees and offers services including commercial banking trust banking securities credit cards consumer finance asset management and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers serving society and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo Nagoya and New York stock exchanges. For more information visit MUFG in the European Economic Area
Following the decision taken by the UK in 2016 to leave the European Union MUFG has taken all of the necessary steps to ensure the continuation of all services to clients regardless of their location. Clients located in the European Economic Area (EEA) access services through MUFG Bank (Europe) N.V. as well as MUFG Securities (Europe) N.V.
About MUFG Bank (Europe) N.V.
MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank headquartered in Amsterdam. With offices throughout Europe our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance Capital Markets and Transaction Banking using MUFGs global reach to provide bespoke solutions. With 73 green sustainability sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021 MUFG is committed to supporting clients to achieve sustainable business growth.
Please visit our website for more information 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 .
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.
Besides that we will offer you:
Gross salary based on experience and consistent with the market
8% holiday allowance and 13th month payment.
30 vacation days per year. Optional you can buy 15 additional days.
Commuting allowance based on annual public transport 2nd class most economical way or 023 per km with a max of 75km one way.
500 net remote working compensation per day with a maximum of 6000 per month.
Possibility to order a mobile phone (up to 800-)
Possibility to order Office Equipments for the home office (up to 500-)
Remote Working Policy i.e. 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 (i.e. Dutch language classes).
Employee contribution towards Pension insurance (max 5% currently 2%) our pension scheme is based on a defined contribution scheme.
Training & development possibilities paid by the bank
Additional information:
Acquisition in response to this vacancy is not appreciated.
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.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued respected and their opinions count. We support the principles of equality diversity and inclusion in recruitment and employment and oppose all forms of discrimination on the grounds of age sex gender sexual orientation disability pregnancy and maternity race gender reassignment religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
Required Experience:
IC
MUFG is a leading global financial group backed by 2,700 locations in over 50 countries and regions, offering comprehensive and tailored financial solutions to our clients worldwide.