Paychex

Compliance Analyst II

Paychex$69K — $108K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred
  • 4 years of experience in a related field
  • Strong communication skills
  • Experience in management or sales preferred
  • Knowledge of regulatory compliance and risk management

Responsibilities

  • Conducts research on compliance risks affecting Paychex products
  • Develops influential relationships with internal and external partners
  • Assesses compliance implications for new products and acquisitions
  • Acts as subject matter expert on relevant laws and regulations
  • Participates in complex compliance projects
  • Supports formulation of compliance policies and standards
  • Provides comprehensive risk analysis on regulatory matters

Benefits

  • Over 21 comprehensive rewards including medical coverage
  • Flexible paid time off and comprehensive work-life balance programs
  • Award-winning training and development opportunities
  • Inclusivity and diversity in company culture
  • Paid time off for volunteer activities and community initiatives
Full Job Description
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.

      Not sure if you meet every requirement?

      At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.

    About Paychex

    Paychex, Inc. is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Paychex is headquartered in Rochester, New York and has more than 100 locations across the United States and Europe.
    Learn more about Paychex
    Size
    15,000 employees
    Market Cap
    $40.1 billion
    Industry
    Net Income
    $1 billion
    Founded
    1971
    5 Year Trend
    +7.9%
    Revenue
    $3.9 billion
    NASDAQ

    Similar Jobs

    More Jobs at Paychex

    More Legal & Accounting Jobs

    Find similar Compliance Analyst II jobs: