At a Glance
- Tasks: Manage payroll processes, ensuring timely and accurate payments for employees.
- Company: Join ICBC Standard Bank, a global leader in financial markets with a diverse culture.
- Benefits: Flexible work environment, competitive rewards, and opportunities for personal growth.
- Other info: Engage with a close-knit team committed to equal opportunities and personal development.
- Why this job: Be part of a team that values diversity and supports your professional journey.
- Qualifications: Experience in payroll systems and knowledge of UK payroll legislation preferred.
The predicted salary is between 30000 - 40000 € per year.
The objective of the HR department is to advise, support and partner with the business to enable the Bank to achieve its strategic intent. The constantly changing commercial and regulatory landscape heavily dictates the way in which the Bank operates and evolves and our role in HR is to support the business in their people plans with hiring the right people, training them well and ensuring that our reward strategy aligns to the desired conduct and culture of the Bank.
What you'll be doing:
- Payroll is a key function with responsibilities in delivering accurate and timely pay to our Permanent employees/assignees and non-executive directors.
- Reporting to the Head of Payroll, handling key payroll duties such as processing payments, maintaining records and ensuring compliance with statutory requirements.
- The role holder will address payroll queries and assist in continuous improvements initiatives.
We're looking for the following skills and experience:
- End‑to‑end Payroll Delivery: Accurate administration of monthly payroll for a large permanent population.
- Statutory & Regulatory Compliance: Full compliance with UK payroll legislation.
- Payroll Systems, Controls & Reconciliations: Maintenance and enhancement of payroll systems, monthly/year‑end reconciliations.
- Qualifications, Experience & Technical Expertise: CIPP‑qualified (or equivalent) payroll experience within professional services would be desirable and strong proficiency in payroll systems.
- Payroll & Legislative Knowledge: In‑depth knowledge of UK payroll legislation (PAYE, NIC, pensions, statutory payments) with an understanding of global mobility tax implications.
- Engagement and collaboration: Internal and external stakeholders interaction to ensure Payroll compliance.
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York. We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential. Our vision statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity. We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination. If you're excited about becoming part of our team, get in touch. We'd love to hear from you!
Payroll Officer employer: ICBC Standard Bank Plc
ICBC Standard Bank Plc is an exceptional employer, offering a dynamic work environment in the heart of London where diversity and inclusion are at the forefront of our culture. We prioritise employee growth through continuous training and development opportunities, while our commitment to flexibility and a supportive atmosphere allows you to thrive both personally and professionally. Join us to be part of a global team that values your unique contributions and encourages you to 'Be Yourself, Succeed Together'.
StudySmarter Expert Advice🤫
We think this is how you could land Payroll Officer
✨Tip Number 1
Network like a pro! Reach out to current employees at the Bank through LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing a role in payroll. Personal connections can make a huge difference!
✨Tip Number 2
Prepare for the interview by brushing up on your payroll knowledge. Make sure you’re familiar with UK payroll legislation and any recent changes. Being able to discuss these confidently will show that you're serious about the role and ready to hit the ground running.
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply as soon as you see a role that fits. The sooner you apply, the better your chances of standing out from the crowd.
✨Tip Number 4
Showcase your problem-solving skills during interviews. Think of examples where you've improved processes or handled payroll queries effectively. This will demonstrate your ability to contribute to continuous improvement initiatives at the Bank.
We think you need these skills to ace Payroll Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your payroll expertise and any relevant qualifications, like being CIPP-qualified. We want to see how you fit into our vision!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about payroll and how your background aligns with our values. Show us your personality and enthusiasm for joining our diverse team.
Be Clear and Concise:When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to complex topics like payroll compliance and legislation.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at ICBC Standard Bank Plc
✨Know Your Payroll Legislation
Brush up on UK payroll legislation, including PAYE, NIC, and pensions. Being able to discuss these topics confidently will show that you understand the compliance aspect of the role and can navigate the regulatory landscape effectively.
✨Showcase Your Systems Knowledge
Familiarise yourself with common payroll systems and be ready to discuss your experience with them. Highlight any specific software you've used and how you've contributed to system enhancements or reconciliations in your previous roles.
✨Prepare for Scenario Questions
Think about potential payroll queries you might encounter and how you would resolve them. Prepare examples from your past experience where you successfully handled similar situations, demonstrating your problem-solving skills and attention to detail.
✨Emphasise Collaboration Skills
Since the role involves engaging with internal and external stakeholders, be prepared to discuss how you've worked collaboratively in the past. Share examples of how you’ve built relationships and communicated effectively to ensure payroll compliance.
