Payroll Specialist

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 120,000 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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for a Payroll Specialist for our HR Division in Düsseldorf.

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) 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 approximately 2,000 locations in more than 40 countries. The Group has about 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s 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. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

About 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 MUFG’s 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 – https://www.mufgemea.com/mbe

Your impact at MUFG

The Payroll Specialist (Analyst) is responsible for supporting the German payroll function and MBE Payroll, acting as a key support to the main payroller. This role ensures compliance with German payroll legislation, statutory duties to authorities, and the accuracy and timeliness of daily payroll operations.

Function positioning

You will functionally report to the Head of HR Operations MBE and, for disciplinary matters, to the Head of HR Germany. The position holds accountability for supporting the HR Department (German and MBE Payroll teams). You will also collaborate with: Payroll team, HR Business Partners, Compliance, Legal, and external authorities

The role includes the following:

• Support payroll processing for German and MBE payroll, ensuring accuracy, timeliness, and adherence to internal controls.
• Ensure payroll runs comply fully with German labor laws, tax regulations, social security, and statutory reporting obligations.
• Support payroll audits and reconciliations, including cross-border payroll coordination between Germany and MBE entities.
• Act as liaison with external authorities (e.g., Finanzamt, social security agencies) for payroll-related reporting and inquiries.
• Monitor changes in German labor and payroll legislation, social security, tax laws, and related regulations, advising HR and Payroll leadership of necessary policy or process updates.
• Support implementation of legal and regulatory compliance initiatives related to payroll.
• Maintain awareness and compliance with GDPR and data privacy requirements in payroll data processing.
• Prepare and deliver regular and ad-hoc payroll reports to management and relevant stakeholders, highlighting trends, anomalies, and compliance status.
• Collaborate with the Head of HR Operations MBE and HR Germany to ensure aligned communication on payroll matters.
• Assist in the rollout and communication of payroll-related policies, updates, and initiatives.
• Support payroll system/process enhancements and integration with HRIS, ensuring smooth data flow and process automation.
• Assist with documentation and maintenance of payroll procedures and internal controls.
• Participate in designated HR and payroll projects, ensuring German payroll requirements are fully considered.
• Maintain excellent working relationships with internal HR, Finance, Legal, Compliance, and external authorities.
• Work closely with MBE Payroll team to ensure consistent payroll practices across regions.
• Collaborate with external payroll providers, tax advisors, and social security authorities as needed.
• Support payroll processes for both MUFG Bank Germany and MBE entities, ensuring entity-neutral compliance and operational integrity.
• Identify and escalate any conflicts or differences in payroll requirements between entities to management.

In order to be successful in the role, you will need the following:

Skills and experience:

• Solid understanding of German payroll legislation, tax and social security systems, and statutory reporting requirements.
• Experience with payroll systems (e.g., SAP HR Payroll, DATEV, or equivalent) and HRIS interfaces.
• Ability to manage multiple priorities, work under deadlines, and make decisions independently within the payroll domain.
• Strong communication skills to collaborate across multiple internal and external stakeholders.

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.

• Gross salary based on experience and consistent with the market including bonus payment
• Contribution to capital forming benefits (“Vermögenswirksame Leistungen”)
• Contribution to a defined pension scheme (BVV)
• Sponsorship of a job ticket to fifty percent
• Lunch allowance
• Flextime to support your personal work-life-balance (“Gleitzeit”)
• Further training and educational programs, e.g. language courses
• Corporate benefits

Additional information:

The application window will be closed per August 22nd 2025.

Acquisition in response to this vacancy is not appreciated.

The role is based in Düsseldorf. All candidates need to be willing to relocate to Düsseldorf. Internal employees will be supported in case of relocation.

For more information regarding this position you can contact our Talent Acquisition Specialist at: recruitment@nl.mufg.jp

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.