Manager, Compliance Risk

Paychex • Rochester, NY

5d

About The Position

Imagine Your Future with Us! Since 1971, Paychex has been at the forefront of simplifying HR, payroll, and benefits for American businesses. Our digital HR technology and advisory solutions cater to the changing needs of employers and their employees. With our award-winning training and endless opportunities for growth and development, you can build a lifelong career with us. We pride ourselves on fostering an inclusive and innovative culture. Our leaders are here to support your career journey; they and our dedicated employees embody the values that drive us to support each other, our clients, and our communities. Join us to pursue your passion and unleash your potential. Overview Manages a team of Compliance staff, including Supervisors, to ensure the production of timely, accurate, and comprehensive research on federal and state statutory and regulatory matters, industry best practices, and complex internal issues. The primary area of focus is contingent on the needs of the Compliance Risk organization in order to effectively support overall corporate strategy. Emphasis may be on insurance, licensing and affiliations, payroll tax, health care reform, retirement, employment law, professional employer organizations, financial services and banking,and applicable international law.

Requirements

• 6 years of experience in Compliance or Risk Management field, to include a minimum of 2 years of supervisory experience.

Nice To Haves

• Bachelor's Degree in BA in Business Administration, Finance or a related field preferred.

Responsibilities

• Manages Compliance team, including the assignment and prioritization of research projects, analyses, and tasks; develops, maintains, and monitors deadline schedules for staff's work production, and addresses escalated research inquiries, as needed.
• Develops and maintains knowledge of industry trends and changes related to all supported supported market teams, business units, corporate departments and products and makes recommendations for changes to ensure compliance with pertinent federal, state, and local mandates and/or company policies.
• Recruits, selects, hires and evaluates performance of Compliance team to ensure all department needs are handled appropriately.
• Counsels and develops staff for personal and corporate advancement through career development, training programs, and other resources as required for professional advancement.
• Works closely with senior Compliance leadership to drive the formulation of team priorities, strategic plans, key performance indicators, key risk indicators, and standards to meet the regulatory needs of the supported market teams, business units, and corporate departments.
• Develops and maintains constructive relationships with internal and external business partners to ensure compliance needs are properly communicated and executed to minimize impact/cost of compliance to Paychex.
• Represents the company as needed on industry groups/coalitions.
• Manages regulatory examinations and audits for supported market teams, business units, and corporate departments.
• Assists senior Compliance leadership with the monitoring and testing of the supported market teams, business units, and corporate departments actions and processes at periodic intervals; manages periodic and ad-hoc testing and assists in the development of educational and training material.
• Drives innovation by identifying, leading and implementing continuous improvement, technologies and growth initiatives that impact results to enhance profitability and assist the organization to meet its business objectives and goals.
• Responds to general complaints and regulatory inquiries, examinations, audits, and requests for information.
• Assists with the preparation of capital and operating budgets for Compliance cost center.
• Acts in a leadership capacity to entire team.
• Other duties as assigned to support the general purpose of the position's function.

Benefits

• We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
• From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
• Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
• Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
• We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees