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Compensation Specialist
1 month ago
At HSBC, we're committed to helping businesses thrive and economies prosper. If you're passionate about making a real impact in your career, join us as a Compensation Specialist - Payroll and Benefits Expert.
This exciting role is part of our HR team, where you'll play a crucial part in ensuring the smooth operation of our payroll and benefits systems. Your expertise will be invaluable in maintaining compliance with regulatory requirements and ensuring the best possible experience for our employees.
As a key member of our team, you'll have the opportunity to make a significant contribution to our success. Here are some of the key responsibilities:
Key Responsibilities- Regulatory Compliance: Stay up-to-date with the latest regulatory requirements and ensure that our payroll and benefits systems are fully compliant.
- Liaison with Vendors: Build strong relationships with our payroll and benefits vendors to ensure seamless communication and efficient service delivery.
- Benefits Administration: Interpret and administer our various benefits plans, including 401(K) and Roth plans, in accordance with plan documents and policies.
- Audit and Improvement: Conduct regular audits to identify areas for improvement and implement changes to optimize our processes.
- Project Management: Coordinate with benefit plan providers and vendors to implement best practice administration processes.
- Subject Matter Expert: Provide expert guidance and support to employees and business partners on payroll and benefits-related matters.
- Reporting and Analysis: Prepare and analyze reports for specific 401(K) plans, including non-discrimination testing and Form 5500.
We're looking for an experienced professional with a proven track record in human resources and/or benefits administration. If you have:
Requirements- A minimum of five years' experience in human resources and/or benefits administration.
- Working knowledge and experience in payroll areas, including US payroll, international payroll, tax, and employee equity.
- A bachelor's degree in human resources, business, or a related field.
- Certifications such as Certified Payroll Professional (CPP) or Fundamental Payroll Certification (FCP) are a plus.
We offer a competitive salary and excellent benefits package. Our estimated salary for this role is $80,000 - $110,000 per year, depending on location and experience. If you're passionate about compensation and benefits, and want to join a dynamic team at HSBC, please apply.
