Full Job Description
Primary Location: Asia-India-Chennai
Employee Status: Permanent
Posting Date: 29/Jul/2021, 12:36:21 AM
Unposting Date: 12/Aug/2021, 5:59:00 PM
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
The role holder is responsible for supporting the Payroll Operations on the following:
Process Payroll on a monthly basis in line with the agreed Payroll process and KPI’s / SLA’s
Demonstrate as quality assurance specialist to ensure accuracy for Payroll processing performed by the Payroll Operations maker
Seamless delivery of payroll including the year-end activities for the assigned region/ set of countries. Ensure adherence to payroll KPIs & SLAs
Operate all the controls effectively that are agreed and designed in the process
Deliver trainings / guidance notes on payroll governance / outsourcing standards to ensure countries / GPS are well equipped with the changes impacting payroll process
Provide support on Payroll process standardization by sharing of best practices drive hubbing initiatives.
Approving the payroll and authorized to process necessary payment to employees, ex-employees or regulators
Collaborate effectively within GPS team
Perform data assurance checks and reviews to identify data gaps causing payroll inaccuracies and reporting the same
Update and Ensure Process Operating Instructions are up-to date to reflect all the changes that has been made to process and provide it to the Payroll Manager for review and subsequent approvals from the Country Process Owners
Support vendor management for Global vendors through constant engagement and reviews
Mitigate and treat payroll End User Computing risks through migrations / automations
Support and facilitate internal and external audits conducted on payroll processes in GPS and in countries
Provide support on reviewing the documents that needs to be submitted to the Internal / External audits in a timely manner
Participate in governance forums/ periodic meetings and ensure all actions agreed are completed in a timely manner
Support on process automation and improvements initiatives within the payroll process
Ensure change management process is adhered and highlight any deviations /exceptions to Line Manager / stakeholder.
Challenge Status Quo, drive change the way we do the process currently
Support technological enhancements as per group standards and BAU requirements
People and Talent
Identify the training needs & deliver training for the team
Review and minimize late data inputs, exceptions to the process.
Continued stakeholder management through governance forums/ periodic meetings
Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Lead to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Vendor, SD’s and everyone involved in Payroll deliverables
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.
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