Deutsche Bank—Associate – Payroll Control

Job description

Description: Job Description: Job Title: Associate – Payroll Control Location: Bangalore, India Role Description The Associate, Payroll Control, is responsible for supporting the governance, risk, control, compliance, and oversight framework for payroll operations across assigned countries and entities. The role will partner closely with Payroll Operations, HR, Finance, Tax, Technology, and external vendors to ensure payroll processes are executed accurately, compliantly, and in accordance with organizational policies and regulatory requirements. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy, - Best in class leave policy. - Gender neutral parental leaves - 100% reimbursement under childcare assistance benefit (gender neutral) - Sponsorship for Industry relevant certifications and education - Employee Assistance Program for you and your family members - Comprehensive Hospitalization Insurance for you and your dependents - Accident and Term life Insurance - Complementary Health screening for 35 yrs. and above Your key responsibilities Payroll Controls - Execute and maintain payroll processes and control frameworks. - Review payroll inputs, outputs, reconciliations, exceptions, and approvals to ensure compliance with established controls. - Support payroll risk assessments and ensure appropriate mitigation measures are implemented. - Monitor payroll performance metrics and identify opportunities for control enhancements. Compliance & Regulatory Management - Ensure adherence to statutory, tax, labour, social security, and regulatory requirements. - Track legislative and regulatory changes impacting payroll operations. - Support implementation of regulatory changes and compliance initiatives. - Maintain audit-ready documentation and evidence repositories. Risk Management & Audit Support - Support internal and external payroll audits. - Coordinate remediation and closure of audit findings. - Perform periodic control reviews and identify process improvement opportunities. - Escalate significant risks, control gaps, and compliance issues appropriately. Vendor Governance - Monitor payroll vendor performance against agreed SLAs and KPIs. - Support governance reviews with payroll providers and third-party partners. - Assist in issue resolution, root cause analysis, and service improvement initiatives. - Ensure vendor activities comply with internal governance requirements. Stakeholder Management - Partner with HR, Finance, Tax, Compliance, and Technology teams. - Support preparation of governance reports, dashboards, and leadership updates. - Participate in governance committees, operational reviews, and stakeholder discussions. - Provide guidance on payroll controls and compliance requirements. Continuous Improvement & Transformation - Identify opportunities to standardize, simplify, and automate payroll processes. - Support payroll transformation, migration, and technology initiatives. - Drive operational excellence and best practice adoption across payroll activities. - Participate in projects related to payroll modernization and process optimization. Experience & Qualifications - Bachelor’s degree in commerce, Finance, Business Administration, Human Resources, or a related discipline. - 10-15 years of experience in Payroll Operations, Payroll Governance, HR Shared Services, Compliance, Audit, or related functions. - Strong understanding of payroll processes, controls, taxation, social security, and labour regulations. - Experience in multinational or shared services environments preferred. - Experience working with payroll vendors and outsourced delivery models is desirable. Key Skills & Competencies - Payroll Controls - Risk Management & Compliance - Audit Management - Regulatory Knowledge - Vendor & SLA Management - Data Analysis & Reporting - Stakeholder Management - Problem Solving & Decision Making - Process Improvement - Project & Change Management - Strong communication and presentation skills Success Measures - Payroll control effectiveness. - Timely closure of audit and compliance findings. - Regulatory compliance adherence. - Reduction in payroll risk and incidents. - Vendor performance against SLAs. - Quality and timeliness of governance reporting. - Successful support of transformation and improvement initiatives. Your skills and experience - Suitable accounting degree required with 6-10 years of post-qualification experience in core Payroll accounting and related regulatory compliances. - Hands-on experience in ERPs such as SAP, Workday etc. - BFSI experience preferred. - Good written and oral communication skills Key Relationships/ Interactions - Payroll ControlsExecute and maintain payroll processes and control frameworks. - Review payroll inputs, outputs, reconciliations, exceptions, and approvals to ensure compliance with established controls. - Support payroll risk assessments and ensure appropriate mitigation measures are implemented. - Monitor payroll performance metrics and identify opportunities for control enhancements. - Compliance & Regulatory Management - Ensure adherence to statutory, tax, labour, social security, and regulatory requirements. - Track legislative and regulatory changes impacting payroll operations. - Support implementation of regulatory changes and compliance initiatives. - Maintain audit-ready documentation and evidence repositories. - Risk Management & Audit Support - Support internal and external payroll audits. - Coordinate remediation and closure of audit findings. - Perform periodic control reviews and identify process improvement opportunities. - Escalate significant risks, control gaps, and compliance issues appropriately. - Vendor Governance - Monitor payroll vendor performance against agreed SLAs and KPIs. - Support governance reviews with payroll providers and third-party partners. - Assist in issue resolution, root cause analysis, and service improvement initiatives. - Ensure vendor activities comply with internal governance requirements. - Stakeholder Management - Partner with HR, Finance, Tax, Compliance, and Technology teams. - Support preparation of governance reports, dashboards, and leadership updates. - Participate in governance committees, operational reviews, and stakeholder discussions. - Provide guidance on payroll controls and compliance requirements. - Continuous Improvement & Transformation - Identify opportunities to standardize, simplify, and automate payroll processes. - Support payroll transformation, migration, and technology initiatives. - Drive operational excellence and best practice adoption across payroll activities. - Participate in projects related to payroll modernization and process optimization. Experience & Qualifications - Bachelor’s degree in commerce, Finance, Business Administration, Human Resources, or a related discipline. - 10-15 years of experience in Payroll Operations, Payroll Governance, HR Shared Services, Compliance, Audit, or related functions. - Strong understanding of payroll processes, controls, taxation, social security, and labour regulations. - Experience in multinational or shared services environments preferred. - Experience working with payroll vendors and outsourced delivery models is desirable. Key Skills & Competencies - Payroll Controls - Risk Management & Compliance - Audit Management - Regulatory Knowledge - Vendor & SLA Management - Data Analysis & Reporting - Stakeholder Management - Problem Solving & Decision Making - Process Improvement - Project & Change Management - Strong communication and presentation skills Success Measures - Payroll control effectiveness. - Timely closure of audit and compliance findings. - Regulatory compliance adherence. - Reduction in payroll risk and incidents. - Vendor performance against SLAs. - Quality and timeliness of governance reporting. - Successful support of transformation and improvement initiatives. Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs. How we’ll support you - Training and development to help you excel in your career. - Coaching and support from experts in your team. - A culture of continuous learning to aid progression. - A range of flexible benefits that you can tailor to suit your needs. About us and our teams Please visit our company website for further information: https://www.db.com/company/company.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.