TD · 1 day ago
Payroll Compliance & Projects Analyst
TD is one of the world's leading global financial institutions, and they are seeking a Payroll Compliance & Projects Analyst to support governance and compliance strategy for the North American Payroll function. The role involves leading complex initiatives, managing regulatory changes, and ensuring successful project execution while providing subject matter expertise across the function.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
The Payroll Compliance & Projects Analyst plays a key role in supporting the governance, control, and compliance strategy for the North American Payroll function, partnering with HR 1B and Payroll leadership to align with enterprise best practices and broader business objectives
This role leads and supports complex, high-risk initiatives, ensuring successful project execution and process optimization
Acting as a subject matter expert, the Analyst provides guidance across the function, manages regulatory change, and oversees the development and implementation of policies and procedures
They serve as a primary contact for audit and compliance requests, maintain an integrated view of business risks and controls, and contribute to long-range planning and strategic decision-making
The Analyst also ensures accurate administration and control activities, drives operational efficiencies, and supports cross-functional alignment through the design, and implementation of payroll solutions
Advanced knowledge and understanding of the operating environment, business processes and procedures, and transaction lifecycle for own area
Identifies and investigates non-standard operational / reporting / process issues
Provides recommendations or escalates issues to appropriate area
Provides regular analysis and/or reporting to support business partners, functional areas or centres of expertise
Requires working professional level knowledge of the functional area and/or business areas supported
Moderate level of complexity in operational / reporting / process and/or analysis function requiring a short to medium term focus
May represents the group as a project lead on projects / initiatives and/or at meetings across the organization
Provides training to others on best practices, processes, etc. as well as guide junior staff for the completion of business as usual functions
Acts as a key resource / specialist for an HR area /program(s) by providing subject matter expertise / analysis or complex operational process support
Manages assigned programs, ensuring coordination of changes, and timely and accurate transaction processing
Provides optimal employee and partner service, including expert guidance and advice on policies, programs and procedures, while adhering to customer service standards and Customer Experience
Model Identifies, documenta, investigates processes / exceptions arising from transactions / processes beyond 1st level operations service delivery and resolve escalated matters and refer complex issues / situations beyond own level of expertise
Develops and executes on reporting functions and/or produce consolidated or aggregated reporting as appropriate
Manages relationships with internal and external partners
Provides accurate and thorough analysis of key process drivers, root or systemic causes of cross functional operational issues, interprets findings and makes recommendations for improvement
Contributes to the identification, development and implementation of new operating workflows, additional services / applications or operational efficiencies for HR Operations
May lead work streams by acting as a project lead / subject matter expert for small-scale projects / initiatives in accordance with project management methodologies
Prioritizes and manages own workload to meet SLA requirements for service and productivity
May interface with regulators, external groups (legal firms, vendors, etc.), on operating and service delivery issues relative to the specific area of functional expertise as authorized by the manager
Acquires and applies expertise in the discipline
Provides guidance, assistance and direction to others in HR and other internal partners
Identifies, recommends and effectively executes standard practices applicable to the discipline
Analyzes service delivery issues and identify potential solutions that enhance the customer experience and support HR business objectives
Protects the interests of the organization identify and manage risks and escalate non-standard, high risk transactions or other activities as appropriate
Completes business process reviews as required and contribute to the creation of new processes
May manage or support change management projects or programs that impact the business, functions or processes and ensure clear communication and documentation of new processes
Accountable for cross-functional initiatives to deliver value add internally or to partner groups
Participates fully as a member of the team, promote team effectiveness and contribute to a positive work environment
Supports the team by continuously developing knowledge in own area
Provides training, coaching and/or guidance to others as appropriate/required
Participates in personal performance management and development activities
Ensures the timely communication of issues that are relevant to the team and encourage a good working relationship with other departments
Participates in a fair, positive and equitable environment that supports a diverse workforce
Contributes to the success of the team by willingly assisting others in the completion and performance of additional duties as assigned
Acts as a brand champion for the business area/function and the bank, both internally and/or externally
Qualification
Required
Undergraduate degree required
3+ years relevant experience required
Advanced knowledge and understanding of the operating environment, business processes and procedures, and transaction lifecycle for own area
Requires working professional level knowledge of the functional area and/or business areas supported
Organized self-starter with excellent analytical, problem-solving and time management skills
Detail oriented, high level of accuracy and ability to work independently
Excellent communication skills, both oral and written
Excellent PC skills including Microsoft Office, Excel, Access and PowerPoint
Excellent customer orientation, interpersonal and communication skills to deal effectively with all levels of staff
Preferred
3-5 years of payroll experience
Deep industry and business knowledge and expertise on risk and control functions
Ability to work successfully as a member of a team and independently
Ability to exercise sound judgement in making decisions
Knowledge of governance, risk and control procedures, strategies & tactics
Knowledge of risk management environment, standards, regulations, and mitigation
Knowledge of current and emerging trends
Advanced ability to lead, plan, implement and evaluate program/project activities to ensure completion
Benefits
Health and well-being benefits
Savings and retirement programs
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
Banking benefits and discounts
Career development
Reward and recognition
Company
TD
The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD).
Funding
Current Stage
Late StageTotal Funding
$65MKey Investors
U.S. Department of the Treasury
2023-10-03Grant· $65M
Leadership Team
Recent News
2026-01-11
Winnipeg Free Press
2026-01-09
2026-01-06
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