Pensions Payroll Manager

If you're looking to take an exciting new direction with your HSBC career, an internal move can open the door to many opportunities, allowing you to take on a new challenge and develop your skills. Bring your knowledge of our brand to a new role and grow yourself further.

Our Digital Business Services teams are the foundation of HSBC, providing essential support across technology, operations, and key central business services for our global businesses and functions. This includes running customer operations, delivering innovative digital solutions for customers and colleagues, managing bank-wide change, and central services such as procurement and real estate management. The teams play a vital role in driving great experiences for customers, colleagues, and enabling the bank's strategy.

A move across the business allows you to continue to access tailored professional development opportunities and our fantastic benefits packages.

The role of Pension Payroll Manager within the HSBC Wealth Retirement Services - Banking team will be responsible for overseeing all financial related activity in respect of pension scheme members, including payroll processing, direct debit administration, account reconciliations, invoice management, and general pension finance duties.

This position would be ideal for someone who has demonstrable experience in pensions payroll and pensions finance.

In this role you will:

1. Management and oversight of the Banking team
2. Accurate completion of monthly and supplementary pension payrolls - reconciliation, tax code processing, RTI reporting, BACS processing, and payslip/P45 production
3. Accurate completion of daily account reconciliations
4. Production of regulatory/member reporting
5. Provide information to HMRC in line with HMRC requirements and deadlines
6. Ensuring invoices are raised in line with terms and conditions and in a timely manner
7. Debt recovery in connection with invoices
8. Production of management information as and when required
9. Participation in projects
10. Training and coaching members of staff at all levels
11. Allocation and supervision of work across teams
12. Auditing/peer checking of work across teams

Requirements

To be successful in this role you should meet the following requirements:

1. Demonstrable working payroll experience with a recognised payroll qualification
2. Knowledge of pension administration system (SIPP Pro) would be beneficial
3. Knowledge of Cashvac is advantageous but not essential
4. Continuous personal development staying up to date with payroll legislation
5. Experience of manual payroll calculations
6. Strong knowledge of RTI, Government Gateway and BACS Payment Services
7. Excellent numerical skills
8. Strong attention to detail
9. Strong organisation and time management skills working to tight deadlines
10. The ability to work on own initiative as well as being able to identify when it is necessary to seek advice and support

This role can be based in London or Fareham and offers hybrid working.

Continue to grow with our internal opportunities.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you'd like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk.