Demo

SENIOR PAYROLL ASSOCIATE

DTCC
MA Full Time
POSTED ON 2/27/2025
AVAILABLE BEFORE 5/24/2025

Job Description

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits :

  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits, based on location
  • Pension / Retirement benefits
  • Paid Time Off and Personal / Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • DTCC offers a flexible / hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The impact you will have in this role :

Being a member of the Payroll Team, the Senior Associate will support the overall corporate payroll functions including payroll processing, payroll tax administration, garnishment administration, reviewing and revising policies / procedures, and ad hoc reporting. In addition, the Senior Payroll Associate will maintain necessary vendor relationships and ensure payroll tax payments are in compliance with applicable county, state and local payroll tax laws.

Your Primary Responsibilities :

  • Responsible for the day-to-day payroll processing, accounting, analysis and reporting in accordance with all applicable country, state and local laws
  • Ensure accurate and timely payment and reporting compensation payable to employees, creating payroll and tax funding memo wire requests
  • Ensure payroll tax reporting and remittances are timely and in compliance with applicable county, state and local tax laws
  • Support internal and external audit requests
  • Collaborate with various internal departments including Accounting / Finance, Human Resources, Legal, Employer Relations and Treasury
  • Align risk and control processes into day-to-day responsibilities to monitor and mitigate risk
  • NOTE : The Primary Responsibilities of this role are not limited to the details above.
  • Qualifications :

  • Minimum 6 years of related experience
  • Bachelor's degree (preferred) or equivalent experience
  • Talents Needed for Success :

  • FPC or CPP preferred
  • Proficient in Microsoft Office Suite
  • Experience with Oracle HCM or a cloud-based Payroll system preferred
  • We offer top class training and development for you to be an asset in our organization!

    The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

    About Us

    DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

    DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

    Learn more about Clearance and Settlement by clicking here.

    About the Team

    Human Resources is a strategic partner to the business, dedicated to managing DTCC's human capital initiatives, sustaining a work environment that promotes excellent performance across the organization and developing and retaining a global workforce that contributes to DTCC's strategy and business imperatives.

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