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MUFG Union Bank Director of Compensation – Americas Global Corporate & Investment Banking and Markets in New York City, New York

Description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed, and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.

Job Summary:

The Director of Total Rewards leads the compensation function for Global Corporate & Investment Banking and Markets for the Americas. Partners with the leadership teams and HR business partners to drive the desired business / compensation outcomes with intelligence, energy, and integrity. The incumbent demonstrates a passion for producing results and getting things done both efficiently and effectively. Displays confidence and accountability in accomplishing business goals and demonstrates resilience in the face of challenges. The role will report directly to the Head of Total Rewards for the Americas and will be part of a global compensation team.

Major Responsibilities:

Responsible for all the compensation matters in their client organizations, including:

  • Partnering with HR and business leaders to develop and manage compensation across the established client group Establishing governance and effectiveness of compensation programs

  • Providing expert consulting on base salary, bonus, and long-term incentive programs

  • Managing the Compensation Committee for the Americas Securities business, including material development, relationships with executive management and Independent Directors, running Committee meetings and ensuring the appropriate levels of governance.

  • Supports other Committee governance, including for the Human Capital Risk & Control Committee and Human Capital Committee of the Boards of Directors, and any necessary Global Committee work as requested

  • Designing and supporting regulatory efforts

  • Developing market benchmarking strategy

  • Working with the compensation team to review compensation policies and practices

  • Delivering training to HR and managers on compensation philosophy and programs

  • Leading strategic projects while also managing routine activities

  • Executing the annual compensation planning process

  • Managing the development of compensation proposals and executing governance for executives, as defined by the company’s governance requirements

  • Performing ad hoc analysis to support business needs Initiating and maintaining strong working relationships with leaders across the organization

Qualifications

Qualifications:

  • 10 years of experience in compensation in larger scale organizations or as a consultant with a large organization. Experience in corporate banking, investment banking and markets is a plus

  • Experience developing Board and Management Committee documentation and engaging with senior executives, as well as independent board members is preferred

  • Demonstrated ability to manage a team of compensation professionals, and vendors as required

  • Strong client management and problem-solving skills with executive management

  • Ability to design and develop compensation policy and governance

  • Understanding of the financial service’s regulatory environment

  • Demonstrated analytical skills and business case capabilities

  • Strong interpersonal skills and influencing ability. Highly collaborative style and strong team orientation

  • Ability and confidence to advise senior leaders

  • Excellent communication and presentation skills

  • High integrity and ethics in handling confidential information

  • Ability to get involved in the details while maintaining broader view. Attention to detail and commitment to excellence

  • Knowledge of applicable compensation laws and regulations

  • 4-year degree or advanced degree highly preferred

  • Travel may be required from time to time

  • Professional certifications a plus

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.

Job: Human Resources

Primary Location: NEW YORK-New York City

Other Locations: NORTH CAROLINA-Charlotte

Schedule Full Time

Shift Day

Req ID: 10042667-WD

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