Compliance Analyst II

Paychex; City of Rochester (NY); On-site; USD 69,000 - 108,000; Full time

Benefits offered by this job

Medical coverage

401(k) + employer match

Tuition reimbursement

Paid time off

Volunteer time off

Job summary

Paychex seeks a compliance-focused professional to provide strong internal-support, mitigate risk, and ensure regulatory alignment across products and services. You will research regulatory developments, advise changes, and lead relationships with regulators and external partners.

The role entails managing complex compliance projects, supporting policy formulation, and delivering risk analyses and training across teams in a fast-paced organization.

Qualifications

• Bachelor's Degree preferred
• 4 years of experience in related field
• Strong communication skills preferred
• Management and leadership experience preferred
• Familiarity with regulatory compliance is a plus
• Experience with risk assessment and mitigation

Responsibilities

• Conducts research on complex compliance issues impacting Paychex products and services.
• Develops and maintains relationships with internal and external partners to communicate and execute compliance needs.
• Assesses compliance implications of acquisitions, new products, and marketing materials to ensure compliance objectives.
• Serves as subject matter expert on laws, regulations, and industry best practices.
• Leads complex compliance projects and engages partners to support strategic initiatives.
• Supports policy formulation and standards within the Compliance function.
• Provides risk analyses and mitigations to internal partners.
• Creates learning opportunities through alerts, webinars, and newsletters.
• Other duties as assigned.

Skills

Communication

Management

Sales

Investigation

Information gathering

Auditing

Marketing

Regulatory compliance

Education

Bachelor's Degree

Job description

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex.

Overview

Provides strong compliance support to internal business partners. Ensures timely and accurate problem resolution while mitigating risk exposure.

Responsibilities

• Conducts research on complex compliance risk-centric issues impacting Paychex products and services, including proactive identification of regulatory and legislative developments which may provide business opportunity or challenges to the company, to support stakeholders in strategic business decisions. Recommends changes to products or services based on research and analysis.
• Develops and maintains constructive, influential relationships with internal and external business partners to ensure compliance needs are properly communicated and executed, as well as to minimize impact/cost of compliance to Paychex. Takes a leadership role in the management of the company's relationships with external regulators and agencies, vendors, and other key parties. May represent the company as needed on industry groups/coalitions.
• Assesses compliance implications of potential acquisitions, new products and product enhancements, advertising/marketing/training materials, and other corporate strategic initiatives to ensure compliance objectives are achieved.
• Serves as subject matter expert on assigned Paychex products and services, including laws/regulations, enacted and proposed legislation, official guidance, trends, and industry best practices applicable to assigned area of responsibility. Partners with and makes recommendations to Compliance leadership and business management to ensure compliance with pertinent federal, state, local, and international regulatory requirements and company policies.
• Participates and/or leads complex compliance projects and engages business partners for participation, as needed, to support strategic business initiatives.
• Works closely with the Compliance leadership team to support the formulation of department policies, strategic plans, and standards in carrying out the objectives of the Paychex Compliance function.
• Provides actionable, comprehensive risk analysis on complex regulatory and other compliance matters to internal partners where necessary and as requested. Proactively prepares regular gap and other needs-based analysis and provides risk mitigation measures relative to Paychex products and services to provide risk mitigation measures.
• Creates opportunities for business partner continuous learning through compliance alerts, weekly letters, webinars, training sessions, and newsletters.
• Other duties as assigned to support the general purpose of the position's function.

Qualifications

• Bachelor's Degree - Preferred
• 4 years of experience in Related field.
• Communication - Preferred
• Management - Preferred
• Sales - Preferred
• Investigation - Preferred
• Information Gathering - Preferred
• Auditing - Preferred
• Marketing - Preferred
• New Product Development - Preferred
• Business Continuity - Preferred
• Customer Support - Preferred
• Financial Industry Regulatory Authorities - Preferred
• Risk Management - Preferred
• Sales Presentations - Preferred
• Risk Mitigation - Preferred
• Regulatory Compliance - Preferred

Compensation

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $69,100 - $108,000 annually. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Live the Paychex Values

• Act with uncompromising integrity.
• Provide outstanding service and build trusted relationships.
• Drive innovation in our products and services and continually improve our processes.
• Work in partnership and support each other.
• Be personally accountable and deliver on commitments.
• Treat each other with respect and dignity.

What's in it for you?

• We value your well-being: 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.
• We value your time: 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.
• We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
• We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
• We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.

Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.