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Payment Operations Analyst

Payment Operations Analyst

Elliott Scott - HR search & recruitmentIndia
8 hours ago
Job description

About the role

As a Payment Operations Analyst, you will support the firm’s compensation processes, by ensuring accuracy, compliance, and efficiency in payment operations. The ideal candidate will play a key role in managing compensation data, performing data audits, and collaborating with cross-functional teams to deliver seamless payment instructions on a global scale. This function requires liaising with other departments such as Trading, Finance, Legal, and will also involve providing support to other HR functions. They will be hired to support the Compensation team in a variety of areas; particularly focused on providing operational support global one-time payment processing, and the administration of organization’s deferred compensation program.

Summary of the role and key responsibilities

As a Payment Ops Analyst, you will :

Maintain and update one-time payment data records in the Payment Management Center (PMC) and Deferred Compensation system.

Perform data audits by reviewing / auditing employment agreements to ensure data accuracy.

Manage Payment Operations mailbox requests, ensuring timely responses and resolution of queries.

Track changes related to compensation payments in PMC and schedule payments in Workday / liaise with Payroll teams / HRBPs as needed.

Reach out to employees to collect / validate proof of forfeiture where required for payment processing.

Perform replacement compensation valuations based on documentation received.

Administration of replacement compensation / year-end deferred compensation grants; including entering new grants into iTrack and managing the forfeiture / withdrawal process

Administration of USD payments / election in accordance with the firm’s currency election policy.

Assist in the implementation and delivery of various compensation transformation projects.

Prepare and update process documentation to ensure clarity, consistency, and compliance with organizational standards

Key skills required

Bachelor’s degree in an analytical field such as Finance, Accounting, or a related field in HR.

4-5 years of experience in Financial or HR Services; preferably Global Compensation Operations and Payroll

Knowledge of HR systems; preferably Workday and Service Now

Demonstrate good judgement and discretion when dealing with highly sensitive data.

Ability to work with Excel on a day-to-day basis; individuals should be able to do v-lookups, sconditional statements and perform systematic data audits.

Ability to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients.

Strong verbal and written communication skills, with the ability to succinctly summarize difficult issues and assess impact.

Proven client service focus and ability to build relationships successfully.

Attention to detail, analytical / reasoning and problem-solving skills.

How to apply

If you are interested in discussing this role further, please apply for the position or contact Upasana Malik at um@elliottscotthr.com (job code - 65963)

If you require any adjustments, accommodation, or additional support during the recruitment process, please do not hesitate to let us know.

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Personal data collected will be used for recruitment purposes only. By applying for this position, you consent to the collection, use, and disclosure of your personal data to Elliott Scott HR Recruitment Ltd. and all relevant third parties for the purpose of processing your application. Your personal data will be processed in accordance with our

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