Standard Chartered Hiring for Associate Vice President – Payroll Operations at Chennai, Tamil Nadu Full Time

Full Job Description
Job: Operations
Primary Location: Asia-India-Chennai
Schedule: Full-time
Employee Status: Permanent
Posting Date: 29/Jul/2021, 4:55:01 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
Payroll is one of the few processes that have high visibility due to the involvement of the Regional / Country / Business Heads of HR and HRBPs and direct touch point to the employee.
The primary purpose of this role is to lead the Payroll Operations of the bank, including continuous improvement projects, execution of payroll strategy, strengthening the process controls and deliver quality and cost-effective services to country and manage strong team of payroll professionals within GPS.

Strategy

Successfully supports execution of payroll strategy and planned initiatives

Business

Ensure region / Country HR Operational requirements are met and measured through defined performance metrics
Monitor trends, review root cause and follow through actions to strengthen process controls
Effective co-ordination with other GPS departments during global processes / normal BAUs, work towards the collective agenda of ‘One HR’. Partner with other GPS units on Regulatory and Audit support.
Drive stakeholder’s engagement; provide solutions to the business problems with Strong focus on employee experience within SLA boundaries
Approving the payroll and authorized to process necessary payment to employees, ex-employees or regulators
Drive Operation within budgets & support GPS initiatives to achieve projected cost saves in the existing
Driving process automation and improvements initiatives in the payroll process
Collaborate effectively with the teams within and outside of HR to deliver coordinated, integrated, end-to-end processes and solutions

Processes

Drive a high performing team of payroll professionals and manage multiple geography/locations payroll process.
Drive seamless delivery of payroll including the year-end activities for the assigned region/ set of countries. Ensure adherence to payroll KPIs & SLAs
Ensure agreed process controls designed are operated efficiently

People and Talent

Manage a team of payroll professionals (Process Specialists/ Checkers/ makers) and continuously motivate and coach them.
Development plan for the team and work upgrading the skills of the employees.
Job allocation and rotation with-in the team ensuring BCP.
Identify the training needs & lead cross training initiatives and ensure that the employees are trained to perform multiple country payroll.

Governance

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.

Key Stakeholders

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.