HR Payroll and Benefits Specialist

2 weeks ago


Hyderabad, Telangana, India HSBC Full time

About HSBC

HSBC is one of the world's largest banking and financial services organizations. We aim to be where the growth is, enabling businesses to thrive and economies to prosper.

Job Summary

HSBC is seeking an experienced benefits administrator to join our team in the United States. The successful candidate will be responsible for managing our payroll and benefits programs, ensuring compliance with regulatory requirements.

Key Responsibilities

  • Manage payroll and benefits operations, including vendor liaison and regulatory compliance.
  • Interpret and administer employee benefits plans, including 401(K) and Roth plans.
  • Coordinate with benefit providers and vendors to implement best practice administration processes.
  • Act as subject matter expert and support for problem resolution.
  • Prepare and analyze reports for specific 401(K) plans, including non-discrimination testing and governmental reporting.
  • Manage special projects and assignments within the department.

Requirements

  • Five years of experience in human resources and/or benefits administration.
  • Working knowledge of payroll areas, including US payroll and international payroll.
  • Bachelor's degree in human resources or a related field.
  • Certified Payroll Professional (CPP) designation or Fundamental Payroll Certification (FCP) a plus.


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