Analyst, Payroll and Benefits

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an Analyst, Payroll and Benefits to join our Human Resources team.

The Analyst, Payroll and Benefits will provide high quality support to Tower by maintaining integrity of HR’s information systems, and supporting Tower employees with payroll and benefits service.

Responsibilities

• Performing end-to-end processing of semi-monthly multi-state US payrolls including scheduling and timelines, collection of information, analysis, input, reconciliation, funding, and follow-up
• Producing payroll and compensation reports as scheduled for various departments and assisting with participation in special surveys
• Managing the general ledger reporting process and preparing, auditing, and delivering files to Accounting
• Owning the Payroll and Benefits email inbox, and being the first point of contact to assist employees with daily questions
• Coordinating with HR for onboarding, offboarding, and maintaining the relevant systems for electronic personnel and compensation data
• Owning the annual benefits enrollment process, and liaising with carriers and vendors to resolve employee benefit matters and maintain data integrity
• Preparing and distributing COBRA, departure memos, and other time sensitive benefits notices
• Collecting and processing new hire I-9 documentation and maintaining electronic I-9 files to ensure compliance
• Supporting the regional Payroll and Benefits team by auditing the completed payroll and participating in quarterly cross-processing as part of the disaster recovery plan
• Preparing monthly benefits reports for 3rd party insurers, and auditing/processing monthly invoices (HSA, FSA and transit plans, etc.)
• Reviewing weekly benefits carrier connection uploads and investigating any errors
• Maintaining internal and external data in our Org, HRIS, and compensation systems, as well as managing full-cycle leave of absences for individuals and keeping key HR team members abreast of changes in leave of absence status

Qualifications

• At least 3 years of HR experience in Payroll and Benefits
• The ability to maintain confidentiality of sensitive matters and respond effectively to such situations
• Strong communication skills
• Strong PC skills (MS Office) and knowledge of any well-known payroll and benefits systems
• The ability to learn and understand new software and applications quickly
• The ability to execute processes and scheduled tasks with little supervision

Anticipated annual base salary range $75,000 - 105,000, plus eligible for discretionary bonus

Benefits

Tower’s dual offices and garden roof decks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• 401(k) with company matching
• 5 weeks of paid vacation per year plus 11 paid holidays
• Free breakfast, lunch, and snacks on a daily basis
• Reimbursement for health and wellness expenses
• Free events and workshops
• Donation matching program

Tower Research Capital is an equal opportunity employer.