Rewards/Compensation & Benefits Role - Center Of Excellence - BFS

COE - Rewards, Compensation & Benefits

Skills required:

- 4 to 11 years of experience with experience in Rewards and Benefits (a must) with flair to work in Talent management, performance and employee relations.

- Strong analytical capabilities

Rewards, Compensation and benefits:

- Provide strategic and operational support in designing, implementation, administration and communication of all compensation programs.

- Lead the design and iteration of compensation policies to ensure external competitiveness and internal equity, through research & benchmarking on rewards policies and practices of leading captive firms as well as internal data analysis.

- Monitor local regulations and work closely with Legal to ensure policies comply with local laws

- Support in driving compensation review program by participating in various external benchmarking exercises, market intelligence and in house guidelines

- Partner with HR BPs and TA to provide solutions for rewards and broader HR initiatives

- Support COE in liaising with business stakeholders to provide them recommendations in tackling difficult cases in the area of rewards & benefits.

- Partner with finance and leadership to develop the overall budget and support in adherence.

Talent Management:

- Drive the Talent management for MES-I in line with MUFG's talent management philosophy.

- Work closely with business to build succession plans.

- Discuss, plan and implement career-path options for employees

- Liaise with business to implement learning interventions including mentoring and training programs for employees

Employee relations:

- Support in designing and review of existing HR policies and processes to create a positive employee experience during the employee lifecycle

- Monitor local regulations, organization developments and external market and work closely with business leaders to ensure policies comply with local laws

- Partner with HR BP to guide on policies and governance related matter pertaining to HR

- Lead and support in driving investigations and levy relevant consequences in case of any breach of policies

Data Analytics & Audits

- Support in analyzing organization trends by working on various dashboards/reports to identify the trends and call out any potential HR risks that organization may be exposed to proactively

- Liaise with HR BPs to understand the pulse of the organization and accordingly present key trends, takeaways and recommended interventions