Senior Compliance Analyst, Payroll Specialist

2 months ago

Toronto, Ontario, Canada Scotiabank Full time
Job Title: Senior Compliance Analyst, Payroll

Job Summary:

We are seeking a highly skilled Senior Compliance Analyst, Payroll to join our team. As a key member of our payroll operations team, you will be responsible for ensuring compliance with regulatory requirements and internal policies.

Key Responsibilities:

  • Support the development and implementation of global payroll compliance projects and initiatives.
  • Collaborate with Payroll Operations, Payroll Controls, Total Rewards COE, IT&S/HR Support, and other business areas to create future processes and document project-related tasks and requirements.
  • Ensure all activities conducted are compliant with technical foundations, governing regulations, internal policies, procedures, and completed in accordance with the Bank's policies and procedures, standards, and regulations.
  • Analyze and build business requirements regarding the payroll system to align with established project requirements and provide technical expertise and payroll systems support for SAP as required.
  • Hold self-accountable for ensuring the accurate administration, remittance, and reporting of payroll-related activities in compliance with relevant employment standards and legislations.
  • Seek opportunities to improve/enhance payroll processes, provide insights, and recommend solutions to Manager, Payroll and Compliance.
  • Understand how the Bank's risk appetite and risk culture should be considered in day-to-day activities and decisions.
  • Manage ad-hoc projects as assigned by management or by the Sr leadership team.
  • Embrace and drive change as required. Identify opportunities to improve efficiency and propose changes to the management.
  • Build effective working relationships across the team and with various business lines and corporate functions.

Requirements:

  • Post-secondary degree or diploma in Accounting or Business or related field.
  • Experience with a large ERP payroll system such as SAP or PeopleSoft is an asset but not a must.
  • Payroll Designation from the National Payroll Institute – Completed or in progress.
  • Previous (4+ years) experience in payroll operations.
  • Intermediate to advance skills using Excel.
  • Experienced in Power BI, MS Projects, Visio.
  • Deep understanding and knowledge of Bank policies and procedures.
  • Strong knowledge of Organizational structure and complexity.
  • Strong understanding of payroll policies and processes.
  • Excellent interpersonal and communication skills.
  • Attentive to details and deadlines; ability to manage multiple priorities.
  • Strong analytical skills.
  • Good knowledge of regulatory requirements, with ability to adapt as requirements change.

What We Offer:

  • The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers.
  • A rewarding career path with diverse opportunities for professional development.
  • Internal training to support your growth and enhance your skills.
  • An inclusive working environment that encourages creativity, curiosity, and celebrates success

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