At a Glance
- Tasks: Support benefits administration and payroll operations for EMEA employees.
- Company: Join a leading hedge fund with a dynamic and inclusive culture.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and gain valuable experience in financial services.
- Why this job: Make a real impact on employee wellbeing and compensation processes.
- Qualifications: Knowledge of UK benefits and payroll, strong attention to detail.
The predicted salary is between 40000 - 50000 £ per year.
As the Compensation & Benefits Associate, you will support benefits administration, assist with compensation processes, and contribute to payroll operations for Schonfeld's EMEA employees. You will be a day-to-day contributor across our benefits programmes, supporting on annual compensation cycles, and a reliable partner on payroll ensuring each cycle runs accurately and on time.
You will work closely with HCM, Accounting, and Legal, as well as external brokers, vendors, and payroll providers.
What you’ll do
- Benefits Administration
- Assist with the administration of employee benefits, including private medical, life insurance, group income protection and pension.
- Support the full employee benefits lifecycle: enrolments, changes, leavers, and qualifying life events.
- Support benefits onboarding for new joiners and offboarding for leavers, ensuring accurate and timely processing.
- Track invoices and payments across all benefits providers and process medical insurance payments.
- Support pension administration: new joiner set-ups (auto-enrolment, opt-ins/opt-outs).
- Payroll/Compensation Operations
- Support end-to-end payroll processing in partnership with the local payroll provider, using ADP and Workday.
- Prepare payroll inputs each cycle, including new hires, leavers, salary changes, and benefits-related adjustments.
- Conduct payroll audits and reconciliations to ensure data accuracy and integrity across systems.
- Maintain audit-ready payroll records, including clear documentation of processes and controls and support internal and external audits across all countries.
- Assist with payrolling of benefits and pension contributions.
What you’ll bring
- Working knowledge of UK statutory benefits and payroll requirements (HMRC, auto-enrolment).
- Experience maintaining relationships with benefits brokers and vendors.
- Comfortable working across multiple HR and payroll systems (e.g. Workday, ADP).
- Strong attention to detail and high standards for data accuracy and confidentiality.
- Clear written and verbal communication skills.
- Proficiency in Microsoft Excel for analysis and reporting.
- Experience with European and South America benefits administration with exposure to payroll operations.
- Working experience at a hedge fund and/or in the financial services industry.
Compensation & Benefits Associate in London employer: jobr.pro
At Schonfeld, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. As a Compensation & Benefits Associate, you will benefit from our commitment to employee growth through comprehensive training and development opportunities, while enjoying a supportive culture that values work-life balance. Located in the heart of the EMEA region, our office provides a vibrant atmosphere with access to a diverse range of benefits, ensuring that you feel valued and engaged in your role.
StudySmarter Expert Advice🤫
We think this is how you could land Compensation & Benefits Associate in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and HR sectors. Let them know you're on the lookout for opportunities as a Compensation & Benefits Associate. You never know who might have the inside scoop on a job opening!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK statutory benefits and payroll requirements. Be ready to discuss how your experience aligns with the role, especially your familiarity with systems like Workday and ADP. Confidence is key!
✨Tip Number 3
Showcase your attention to detail! During interviews, share examples of how you've maintained data accuracy in previous roles. This will demonstrate that you understand the importance of precision in payroll and benefits administration.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Good luck!
We think you need these skills to ace Compensation & Benefits Associate in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compensation & Benefits Associate role. Highlight your experience with benefits administration and payroll processes, and don’t forget to mention any relevant software skills like Workday or ADP.
Showcase Your Attention to Detail:Since this role requires a strong focus on data accuracy, be sure to showcase examples where your attention to detail made a difference. Whether it’s in payroll audits or benefits administration, let us know how you’ve nailed it in the past!
Communicate Clearly:Clear written communication is key in this role. When writing your application, keep it concise and professional. Use bullet points for clarity and make sure to proofread for any typos or errors before hitting send.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to track your application status directly. We can’t wait to see what you bring to the table!
How to prepare for a job interview at jobr.pro
✨Know Your Benefits Inside Out
Make sure you brush up on your knowledge of UK statutory benefits and payroll requirements. Familiarise yourself with terms like auto-enrolment and the specifics of private medical and life insurance. This will show that you're not just interested in the role, but that you understand the intricacies involved.
✨Showcase Your Attention to Detail
Since this role requires a strong focus on data accuracy, prepare examples from your past experiences where your attention to detail made a difference. Whether it was during payroll audits or maintaining records, having concrete examples ready will help you stand out.
✨Communicate Clearly and Confidently
As you'll be liaising with various stakeholders, practice articulating your thoughts clearly. Prepare to discuss how you've maintained relationships with benefits brokers and vendors in the past. Good communication skills can set you apart from other candidates.
✨Familiarise Yourself with Relevant Software
Get comfortable with HR and payroll systems like Workday and ADP before the interview. If you have experience with these platforms, be ready to discuss how you've used them effectively. If not, do a bit of research to understand their functionalities, as this will demonstrate your proactive approach.
