Global Payroll Operations Director

5 days ago


New York, New York, United States Sumitomo Mitsui Banking Corporation Full time

Overview

Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution with a rich history and diverse range of services. Our company offers a dynamic work environment that fosters innovation, collaboration, and growth.

We are seeking an experienced Global Payroll Operations Director to join our team in the Americas Division. This role will oversee the timely and accurate delivery and accounting of salaries, wages, commissions, and incentive payments through the management of the payroll function and its associated processes.

The successful candidate will have extensive knowledge of payroll programs, policies, and processes, as well as effective core management skills, including directing and developing direct and indirect reports. They must also be able to mentor and develop colleague team members, leverage situational competency in change leadership, vendor management, collaboration, consensus building, organizational navigation, and personal agility.

In addition to these skills, the ideal candidate will have a broad understanding of SMBC's business, business leaders, and priorities, as well as a fully engaged awareness of all applicable regulatory, compliance, legal, and company policies that may directly or indirectly affect current and/or contemplated payroll policies, programs, and practices.

The estimated salary for this role is between $116,000.00 and $160,000.00 per year, based on the location and industry standards. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire.

Job Responsibilities

  • Serves as the senior subject matter expert for all matters relating to the payroll function at SMBC.
  • Pays Team and Payroll Operations: Directs the daily activities of the payroll team, identifies priorities, and provides guidance on the resolution of complex problems.
  • Payroll Compliance: Ensures that all payroll policies, programs, and practices are fully compliant with all applicable internal protocols and external laws and regulatory oversight.
  • Payroll Strategy: Leads the research, formulation, review, approval, communication, and delivery of SMBC's near, mid, and long-term payroll strategies, as applicable.

Requirements

  • 10+ years of specialized experience in Payroll Operations and Services.
  • Bachelor's degree in a related field or equivalent experience.
  • Business fluency in English.

Benefits

SMBC offers a competitive portfolio of benefits to its employees, including health insurance, retirement plans, and employee assistance programs. We also provide opportunities for professional development and growth, as well as a collaborative and inclusive work environment.



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