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Saxo Bank

Manager – P&C Operations

GurugramFull-time

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Posted yesterday

Job Purpose

The Manager – P&C Operations will oversee payroll governance, employment-related statutory compliance, HR data integrity and operational controls. The role is accountable for accurate and timely payroll processing, regulatory adherence, audit readiness and continuous process improvement.

The role will partner with the P&C Operations Lead, Finance, Legal and other stakeholders to maintain efficient, well-controlled and compliant operations.

Key Responsibilities

Payroll Management

  • Own the end-to-end monthly payroll cycle, ensuring timely completion and effective coordination across internal teams and service providers.
  • Ensure accurate and timely processing of salaries and other payroll components.
  • Validate payroll inputs, reconciliations and exceptions—including employee lifecycle changes, attendance, leave, overtime, unpaid absence and variable payments—before payroll closure.
  • Ensure appropriate maker-checker controls throughout the payroll process.
  • Coordinate timely Full & Final settlements for separated employees.
  • Review payroll reports and ensure payroll records and supporting documentation are maintained appropriately.

Statutory & Labour Compliance

  • Ensure payroll and P&C operations (like working hours, overtime, leave, holidays and other employment conditions etc.) comply with applicable employment laws, statutory requirements and filing obligations.
  • Monitor regulatory developments, assess their impact on payroll, policies and processes, and coordinate required changes with relevant stakeholders.
  • Ensure the maintenance of appropriate statutory registers and records.
  • Support establishment-related registrations, renewals and compliance requirements, as applicable.

Governance, Controls & Audit

  • Establish and maintain strong internal controls across payroll and compliance processes.
  • Conduct periodic reviews to identify compliance gaps.
  • Maintain payroll and compliance SOPs, checklists and process documentation.
  • Serve as the P&C point of contact for internal, external and statutory audits, coordinating responses and timely closure of observations.
  • Maintain an audit-ready repository of payroll and compliance documentation.
  • Identify opportunities to reduce manual intervention and strengthen process controls.

HR Systems, Data and Analytics

  • Maintain accurate employee and payroll data across HRIS with appropriate confidentiality and access controls, attendance and payroll systems; review payroll-impacting configurations; and monitor payroll accuracy, exceptions and trends to support timely corrective action.
  • Provide concise governance reporting on data quality, system exceptions and key payroll-impacting trends.
  • Drive automation and process improvements across HR systems and data processes to reduce manual intervention and operational risk.

Stakeholder & Vendor Management

  • Partner with HR, Finance, Legal, and other stakeholders on payroll and compliance matters.
  • Manage relationships with payroll vendors, consultants and statutory service providers.
  • Provide guidance to employees and managers on payroll-related policies and processes.
  • Escalate significant compliance risks, control failures or recurring process issues.

Key Skills & Competencies

  • Strong knowledge of Indian payroll operations, statutory compliance, employee lifecycle processes, and related controls.
  • Strong analytical and problem-solving skills, with high attention to detail when handling sensitive employee and payroll information.
  • Strong stakeholder and vendor management capabilities.
  • Ability to interpret regulatory requirements and translate them into operational processes.
  • Strong Excel and HRIS/payroll system capabilities. Prior Workday experience is preferred.
  • Ability to manage competing priorities and consistently meet critical monthly deadlines.
  • Strong written and verbal communication skills.

Qualifications & Experience

  • Master’s degree in HR, Business Administration, or a related discipline.
  • 10+ years of relevant HR and payroll experience, including substantial responsibility for payroll, statutory compliance, HR systems, and employee lifecycle operations.
  • Experience independently managing end-to-end payroll processes is preferred.
  • Prior experience handling statutory, internal, and external audits is desirable.
  • Experience working with HRIS/payroll platforms and payroll service providers is preferred.

We get curious people invested in the world
 

When you work at Saxo, you become a Saxonian and part of a purpose-driven organisation, where good ideas are always taken seriously, and where you can make a true impact. We are invested in your development, and you can expect a robust career from day one when you join Saxo – no matter which role you take on.
 

You will join 2,500 other ambitious colleagues across 11 countries and become part of an international organisation. Working in Saxo, you will get to meet colleagues from many different cultures and backgrounds, and you should know that we value diversity and inclusion and see it as a genuine source of strength to drive growth, foster innovation and position us for long-term success. 
 
We encourage an open feedback culture and supportive team environments enabling employees to grow and fulfil their career aspirations.  

When you bring passion, curiosity, drive and team spirit, your learning journey will be dynamic and your career opportunities in Saxo will be immense.

At Saxo we don’t just offer a job – we offer an opportunity to invest in your future!  


How to apply :

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