
Compliance Risk Specialist
6 days ago
This is a highly skilled role in risk management for payroll processes. The Compliance and Risk Officer will be responsible for overseeing UKG's global payroll function to ensure compliance with relevant federal, state, and local regulations.
About the RoleThe successful candidate will be assessing and mitigating payroll risks, developing compliance policies and procedures, and collaborating with internal and external stakeholders to enhance payroll processes and systems.
Key Responsibilities:- Ensure payroll practices comply with applicable laws, regulations, and company guidelines.
- Manage overall SOC-1 business control framework and relevant aspects of the SOC-2 and ISO framework.
- Review and continuously improve control SOC controls, implementing new controls that add value to our processes and customers, training Operations teams.
- Drive automation of our controls to ensure continuous improvement in compliance and reporting.
- Manage internal and external audit process.
- Coordinate with CIO to manage dependencies between IT and Business Controls.
- Coordinate with centralized Enterprise Risk, Compliance, and Legal teams to manage dependencies and proactively mitigate risk.
- Monitor changes in legislation affecting payroll and work with the business and legal teams to implement necessary adjustments.
- Drive and support monitoring and tracking of client funds, ensuring clear visibility on status of funds in flight.
- Develop and oversee enhanced processes in relation to receipting, reporting, and risk management in respect of client funds.
- Identify and implement other compliance and control frameworks driving value to customers and OneView organisation.
- Continuous assessment, management, and reporting on key risks on OneView Operations Risk Register.
- Develop and maintain payroll compliance policies, procedures, and training programs.
- Identify, analyze, and assess payroll risks, including fraud prevention.
- Implement controls and processes to minimize payroll-related risks.
- Conduct regular audits and assessments of payroll processes and systems.
- Prepare and present payroll compliance reports to senior management.
- Lead investigations into payroll discrepancies or compliance issues.
- Analyze payroll data to identify trends and areas for improvement.
- Foster culture of compliance and risk awareness within payroll department.
- Facilitate training sessions on payroll compliance for internal stakeholders.
- Serve as subject matter expert on payroll risk and compliance for organization.
- Evaluate current payroll processes and recommend enhancements to improve efficiency and compliance.
- Bachelor's degree in Finance, Accounting, Human Resources, or related field; Master's degree preferred.
- Minimum of 8-10 years of experience in risk, compliance, and internal controls management in payroll industry or similar.
- Knowledge of payroll regulations, tax laws, and labor laws is preferred.
- Experience in implementing payroll compliance programs and conducting audits is preferred.
- 25 days annual leave, increasing by one day per year to a maximum of 28 days.
- 26 weeks paid maternity leave & 2 weeks paid paternity leave from start of employment.
- Medical/Dental/Vision coverage provided through Laya Healthcare, including spouse and children up to age 25.
- Pension plan through Irish Life, with employer match of 100% of employee contributions up to a maximum of 6%.
- Life insurance.
- Group Income Protection.
- U choose program - €325 every quarter to be spent on eligible items such as exercise equipment/membership, pet care, child care, home office set-up etc.
- Tuition Reimbursement program - up to €4,625 per year.
- Employee Assistance Program available 24/7.
- Adoption assistance, Surrogacy Assistance, Fertility Support, Gender Affirming Support.
We are an equal opportunity employer committed to promoting diversity and inclusion in the workplace, including the recruitment process. We welcome applications from candidates with disabilities and offer reasonable adjustments during the application process.
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