AVP - Payroll - Bank

Our client is a leading global bank.

Responsibilities:

- Proactively monitor all KRI's on daily, weekly and monthly basis through a transparent and robust governance framework inclusive of all key stakeholders globally. Challenging where necessary on process controls or status quo to mitigate risk.

- Report incidents through the agreed framework and work extensively with the business line to implement robust remediation plans on a timely basis

- Back test corrective measures on a regular basis ensuring documentation and evidence exists to mitigate the action as completed

- Attend weekly product aligned control meetings and follow up on assigned actions across the respective Operations production groups

- Study and understand the fundamentals of the business, control document and how this overlays into the production environment. Ensure all Operations teams adequately understand these principals.

- Complete ad-hoc requests and projects in line with requests from your Global, regional and local control teams

- Support and actively contribute to Sox and other audit reviews by providing clear and concise reporting of control gaps and specific trends / remediation steps in this process.

- Gain an understanding of the Risk and Control framework and act as coordinator within the business line on issues concerning controls

- Work inclusively with the RTB team managers to perform successful inspections / reviews of operations line controls and document gaps and action plans through necessary reporting

- Contribute to the teams efforts in all aspects of controls & risk on mitigations

- Look to understand control principals in respect to Line Operations (front to back)

- Become proficient in Control assessments (CA), providing regular feedback and reporting issues where gaps have occurred OR where efficiencies could be made

- Contribute to classroom training on all Key Control aspects (HR Ops, Client Conf etc)

- Assist and support any internal or external Audits or reviews to completion.

- Produce Monthly reporting for various Control meetings (PRB, SRB, ORB, etc) ensuring all stakeholders provide updates and attend conference calls

- Ensure all vendor management including risk assessments, regulatory compliance, Audits were completed on time.

Skills:

- Education: CA/ICWA/MBA finance will be preferred

- Strong knowledge & oversight on payroll governance & regulatory (India), retrial (PF & Gratuity Trust management), statutory reporting, knowledge on corporate law, accounting standards & Management, expertise in income tax and labor laws related to payroll in India

- Strong payroll experience

- Experience in an organisation with 1000+ employees

- Experience working in a matrix organisation