Pension Payroll Manager London, England
Job description
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.
Digital Business Services is a pivotal part of the Group, providing essential operational and technical support to our global businesses and helping improve customer service and efficiency. Operations, Services and Technology combines global expertise and technology to help keep us ahead of the competition
As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.
The role of Pension Payroll Manager within the HSBC Wealth Retirement Services - Banking team will be responsible for all aspects of processing the payroll for pension scheme members in accordance with current statutory requirements within required timescales and performing all other required payroll rated duties. You will be involved with daily reconciliations and mandate auditing which requires you to have technical knowledge of Client Money (CASS) related rules.
This position would be ideal for someone who wants has demonstrable experience in payroll, management and keen to progress their technical knowledge to include Financial Conduct Authority (FCA) Client Money (CASS) rules.
In this role you will be responsible for:
- Management and oversight of Banking team
- Accurate completion of the twice monthly pension payrolls
- Allocation and auditing of tax codes
- Production of regulatory/member reporting
- Provide information to HMRC in line with HMRC requirements and deadlines
- Accurate completion of client money reconciliations
- Accurate completion of money movements
- Ensuring invoices are raised in line with terms and conditions and in a timely manner
- Debt recovery in connection with invoices
- Overseeing direct debit administration
- Production of management information as and when required
- Procedure reviews
- Training and coaching members of staff at all levels
- Allocation and supervision of work across teams
- Auditing/peer checking work – across teams
To be successful in this role you should meet the following requirements:
- Experienced people manager
- Demonstrable working payroll experience with recognised payroll qualification
- Continuous personal development staying up to date with payroll legislation/FCA CASS rules
- Experience of manual payroll calculations
- Strong knowledge of RTI, Government Gateway and Bankers’ Automated Clearing System (BACS) Payment Services
- Excellent numeric skills
- Competent IT skills/Excel
- Strong attention to detail
- Strong organisation and time management skills working to tight deadlines
- The ability to work on own initiative as well as being able to identify when it is necessary to seek advice and support
- Knowledge of Define Contribution/Money Purchase pension administration would be advantageous
- Excellent team working skills
The base location is Forum 1, The Forum, Fareham, PO15 7PA, UK Hybrid
You’ll achieve more when you join HSBC.
At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, and working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.
HSBC is committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We are proud members of the Disability Confident Scheme, and will offer an interview to disabled candidates who meet the minimum criteria for the role. If you would like to receive any information in a different way or would like us to do anything differently to help you apply for our roles, please contact our Recruitment Helpdesk:
Email: [email protected]
Telephone: +44 2078328500.
Within the workplace you will have access to various employee resource groups which aim to promote and achieve a healthy work / life balance and support our diversity ambitions. HSBC has processes in place to avoid nepotism. This means we will avoid circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.
