Company Profile:

Avtar enables high growth organizations to focus sharply on effective and sustainable talent strategies to make the workplace more inclusive Avtar has helped MNCs and Large Indian Conglomerates to structure and implement sustainable Diversity Inclusion programs

Job description:

Payroll is one of the few processes that have high visibility due to the involvement of the Regional / Country / Business Heads of HR and HRBPs and direct touch point to the employee.
The primary purpose of this role is to lead the Payroll Operations of the bank, including continuous improvement projects, execution of payroll strategy, strengthening the process controls and deliver quality and cost-effective services to country and manage strong team of payroll professionals within GPS.
Strategy
• Successfully supports execution of payroll strategy and planned initiatives
Business
• Ensure region / Country HR Operational requirements are met and measured through defined performance metrics
• Monitor trends, review root cause and follow through actions to strengthen process controls
• Effective co-ordination with other GPS departments during global processes / normal BAUs, work towards the collective agenda of ‘One HR’. Partner with other GPS units on Regulatory and Audit support.
• Drive stakeholder’s engagement; provide solutions to the business problems with Strong focus on employee experience within SLA boundaries
• Approving the payroll and authorized to process necessary payment to employees, ex-employees or regulators
• Drive Operation within budgets & support GPS initiatives to achieve projected cost saves in the existing
• Driving process automation and improvements initiatives in the payroll process
• Collaborate effectively with the teams within and outside of HR to deliver coordinated, integrated, end-to-end processes and solution
Processes
• Drive a high performing team of payroll professionals and manage multiple geography/locations payroll process.
• Drive seamless delivery of payroll including the year-end activities for the assigned region/ set of countries. Ensure adherence to payroll KPIs & SLAs
• Ensure agreed process controls designed are operated efficiently
People and Talent
• Manage a team of payroll professionals (Process Specialists/ Checkers/ makers) and continuously motivate and coach them.
• Development plan for the team and work upgrading the skills of the employees.
• Job allocation and rotation with-in the team ensuring BCP.
• Identify the training needs & lead cross training initiatives and ensure that the employees are trained to perform multiple country payroll.
Governance
• Review and minimize late data inputs, exceptions to the process.
• Continued stakeholder management through governance forums/ periodic meetings
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Vendor, SD’s and everyone involved in Payroll deliverables