Manager – P&C Operations

Saxo Group; Gurugram District; On-site; INR 1,000,000 - 1,700,000; Full time

Job summary

Saxo Bank in India seeks a seasoned Manager – P&C Operations to lead payroll governance, regulatory compliance, and data integrity. You will drive end-to-end payroll, ensure audit readiness, and coordinate with Finance, Legal, and external partners to maintain compliant operations.

The role emphasizes strong internal controls, stakeholder management, and continuous process improvements within HR and payroll systems.

Qualifications

• Master’s degree in HR, Business Administration, or related field.
• 10+ years of HR and payroll experience, with responsibility for payroll, statutory compliance, HR systems, and employee lifecycle operations.
• Experience independently managing end-to-end payroll processes.
• Experience with HRIS/payroll platforms and payroll service providers is preferred.

Responsibilities

• Oversee end-to-end monthly payroll cycle and ensure timely processing.
• Ensure compliance with applicable employment laws and filing obligations.
• Establish and maintain internal controls across payroll and compliance processes.
• Maintain accurate HR and payroll data across HRIS with confidentiality.
• Liaise with stakeholders and payroll vendors to manage issues and improvements.

Skills

Payroll governance

Statutory compliance

HR data integrity

Audit readiness

Workday experience

Education

Master’s in HR

Tools

Workday

HRIS

Job description

Job Purpose

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.

Company Culture

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! Support our purpose We believe access to global capital markets is not only for the privileged few. Our vision is to enable people to fulfill their financial aspirations to make an impact. That’s why we use the power of technology to deliver clients what they need, when they need it in a user-friendly and personalised experience. We aim to deliver the world’s most user-friendly and personalized trading and investment platform experience, which gives our clients exactly what they need to make more informed investment decisions.

Be part of a unique journey Do you want to work for an extremely ambitious organisation at the cutting edge of banking and technology? You’ll be joining a company that:

• Continuously strives to improve the Saxo Experience and exceed our clients’ expectations.
• Always invests in the future
• Builds unrivalled platforms for seasoned and experienced investors and wholesale clients that provide real-time access to global capital markets.
• Consistently wins the highest accolades for our platforms, products and services.

Own your future So, if you’re up for the challenge of breaking down barriers in global financial markets, we’re always looking for ambitious and enthusiastic people who share our passion for clients, technology and innovation and can bring new perspectives to our diverse team. For more on our story, culture and identity, please read the Saxo Bank Foundation, written by our CEO and founder Kim Fournais. More about Saxo Bank