Global Compensation Operations Professional

1 day ago

Bengaluru, Karnataka, India beBeeCompensation Full time ₹ 90,00,000 - ₹ 1,20,00,000

Job Opportunity:

Payment Operations Specialist

Our organization is seeking a skilled Payment Operations Specialist to support the firm's compensation processes. This individual will ensure accuracy, compliance, and efficiency in payment operations.

The ideal candidate will play a key role in managing compensation data, performing data audits, and collaborating with cross-functional teams to deliver seamless payment instructions on a global scale.

This function requires liaising with other departments such as Trading, Finance, Legal, and will also involve providing support to other HR functions.

  • Maintain and update one-time payment data records in the Payment Management Center (PMC) and Deferred Compensation system.
  • Perform data audits by reviewing/auditing employment agreements to ensure data accuracy.
  • Manage Payment Operations mailbox requests, ensuring timely responses and resolution of queries.
  • Track changes related to compensation payments in PMC and schedule payments in Workday/liaise with Payroll teams/HRBPs as needed.
  • Reach out to employees to collect/validate proof of forfeiture where required for payment processing.
  • Perform replacement compensation valuations based on documentation received.
  • Administration of replacement compensation/year-end deferred compensation grants; including entering new grants into iTrack and managing the forfeiture/withdrawal process
  • Administration of USD payments/election in accordance with the firm's currency election policy.
  • Assist in the implementation and delivery of various compensation transformation projects.
  • Prepare and update process documentation to ensure clarity, consistency, and compliance with organizational standards.

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