Summary of the position:
The Payroll and Operations Specialist is a key member of the HR team who will report to the Compensation & Benefits Manager.
He/She will be responsible for processing the monthly payroll & accounting entries, benefits administration and ensuring data accuracy in the HRIS system.
He/she will review HR policy and ensure day-to-day handling of HR matters are compliant with the Bank’s guidelines and regulatory requirements.
Main responsibilities:
1. Payroll, Benefits Administration and Operations
Support HR operations in managing end-to-end payroll and ensuring the accurate and timely processing of monthly payroll.
Manage employee benefits programs relating to health insurance, claims, leaves etc. Maintain accurate benefits record and ensure timely processing of enrolments, changes and terminations.
Coordinate and manage timely submission of all mandatory surveys from government and regulatory bodies. Prepare and submit monthly reports including headcounts for validation.
Process and follow up on all government related claims such as NS, childcare, maternity, paternity claims.
Provide advice on HR policies, procedures and address payroll and benefits related queries.
2. Project Management
Assist with the execution of global, regional and local HR projects from initiation to completion, ensuring alignment with project timeline and the Bank’s goals/objectives.
Other duties as assigned.
3. Legal and Regulatory Responsibilities
• Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Singapore Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
• Maintain appropriate knowledge to ensure to be fully qualified to undertake the role.
• Complete all mandatory training as required to attain and maintain competency.
Requirements
Bachelor’s degree in Human Resources, Business Administration or Accounting related field.
At least 2 years’ hands on experience in HR payroll and benefits administration
Strong analytical skills with the ability to interpret HR data, conduct benchmarking studies, analyze market trends and make data-driven recommendations.
Good knowledge of employment laws, regulations and HR best practices.
Positive mindset with a passion for driving change, continuous improvement, and staying ahead of industry trends.
Ability to prioritize, work under pressure, and manage multiple projects simultaneously.
Excellent written and communication skills.
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