Process Analyst (Payroll)
Location: London (Hybrid)
6 Month Contract
Our leading UK Investment Banking client are currently looking for a Process Analyst to join their team on an initial 6 month contract.
Role Overview
The Business Process Analyst / Business Analyst will support the Payroll function within an investment banking environment, focusing on process review, controls, data integrity and stakeholder engagement.
Key Responsibilities
*Review and document current-state payroll processes, identifying inefficiencies, risks and control gaps
*Develop tools to Perform detailed payroll reconciliations, investigating variances and resolving discrepancies across multiple data sources
*Use Excel extensively to build processes to analyse large datasets, build reconciliations, and produce clear management reporting
*Partner with Payroll, HR, Finance, Technology and Risk teams to gather requirements and understand business needs
*Act as an inquisitive challenger, asking the right questions to fully understand issues and root causes
*Design and recommend future-state process improvements, including automation and control enhancements
*Support the implementation of new processes, ensuring changes are clearly documented and adopted
*Produce clear documentation including process maps, impact assessments and business requirements
*Assist with audit queries and regulatory requests related to payroll processes and controls
Key Skills & Experience
*Proven experience as a Business Analyst or Business Process Analyst, ideally within Payroll, Finance or Operations
*Strong Excel skills (e.g. pivots, lookups, reconciliations, data validation; VBA a plus)
*Solid experience performing financial or payroll reconciliations in a controlled environment
*Highly inquisitive and analytical mindset, with strong attention to detail
*Demonstrated ability to review current-state processes and make practical, value-adding recommendations
*Confident communicator with experience engaging and influencing stakeholders at varying levels of seniority
*Comfortable working in a fast-paced investment banking or financial services environment
*Strong documentation and presentation skills, able to translate complexity into clear outputs
Guidant, Carbon60, Lorien & SRG - The Impellam Group Portfolio are acting as an Employment Business in relation to this vacancy.