Full-Time

Associate – Payroll

Posted on 3/13/2025

JP Morgan Chase

JP Morgan Chase

10,001+ employees

Global financial services and investment banking

No salary listed

Expert

Bengaluru, Karnataka, India

Category
Financial Analysis
Payroll Accounting
Accounting
Required Skills
Risk Management
Requirements
  • Bachelor’s degree in Business, Human Resources, Finance, or a related field
  • Minimum 10 + experience in payroll management, particularly in managing US payroll processes
  • Strong expertise in payroll regulations and process improvement
  • Excellent communication and stakeholder management skills
  • Ability to manage risks and resolve issues effectively
  • Strong analytical and problem-solving skills
Responsibilities
  • Lead the delivery of payroll work streams, managing timelines, budgets, and quality to ensure accurate and timely payroll processing.
  • Continuously improve and update payroll processes to facilitate efficient execution, including the potential for offshore processing without compromising quality.
  • Provide expertise in US payroll regulations and systems to lead and support the team effectively.
  • Oversee end-to-end test management, including the creation of test strategies, plans, and cases, automation scripting, defect and gap analysis, and leakage analysis.
  • Manage business user expectations and ensure clear communication with internal and external stakeholders.
  • Provide sign-off for changes to be promoted to production, ensuring all necessary criteria are met.
  • Resolve escalated risks, assumptions, and issues, ensuring they are managed effectively.
  • Generate comprehensive reports summarizing progress, execution, and results.
  • Adhere to the bank’s internal processes, including configuration management, change control, and access to data and systems.
  • Actively seek and implement process improvements across the project.
  • Coordinate delivery management through vendors and internal entities such as data centers and development teams.
  • Maintain a basic understanding of the risk structures around payroll processes, including operational, compliance, market, and other risks.
Desired Qualifications
  • Experience working with offshore teams and vendors
  • Relevant certifications (e.g., CPP - Certified Payroll Professional)

JPMorgan Chase & Co. provides a wide range of financial services to various clients, including individuals, small businesses, corporations, and governments. Its services encompass investment banking, asset management, financial transaction processing, and consumer banking, which includes personal banking, mortgages, credit cards, and auto financing. The company operates in over 100 markets globally, leveraging its expertise and proprietary data to deliver quality financial products. Unlike many competitors, JPMorgan Chase emphasizes social responsibility, with initiatives aimed at community development and veteran support. The company's goal is to maintain integrity and service while fostering growth and providing valuable economic insights through the JPMorgan Chase Institute.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1959

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Simplify's Take

What believers are saying

  • Adoption of blockchain enhances transaction security and efficiency for JPMorgan Chase.
  • AI expansion enables personalized customer experiences and improved risk management.
  • Focus on cybersecurity drives investments in advanced security technologies for data protection.

What critics are saying

  • Wells Fargo lawsuit could lead to financial and reputational damage for JPMorgan Chase.
  • Reliance on AI for compliance may pose challenges if not integrated effectively.
  • Fraud case highlights vulnerabilities in JPMorgan Chase's due diligence processes.

What makes JP Morgan Chase unique

  • JPMorgan Chase has a 200-year history in global financial services.
  • The firm offers a wide range of services, including investment banking and asset management.
  • JPMorgan Chase is committed to social responsibility and community development initiatives.

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Benefits

Health Insurance

Flexible Work Hours

Paid Sick Leave

Paid Holidays

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