Senior Payroll & Benefits Specialist, DriveWealth
$125-140k
+ Equity
4+ days a week in office
Cloud-based, API-driven brokerage infrastructure
Open for applications
Cloud-based, API-driven brokerage infrastructure
201-500 employees
Open for applications
$125-140k
+ Equity
4+ days a week in office
201-500 employees
Company mission
To make investing accessible to anyone, anywhere.
Role
Who you are
- 6–8+ years of progressive payroll experience within Financial Services or a regulated Fintech environment
- Bachelor’s Degree in Accounting, Finance, or a related business discipline
- Strong knowledge of NY payroll regulations and experience scaling to multi state and global locations
- Understanding of accounting principles as they relate to payroll, including accruals and benefit funding reconciliations
- A track record of disciplined execution in environments where accuracy and risk management are paramount
- Professional Certification: Certified Payroll Professional (CPP) designation is highly preferred
- A track record of ownership and disciplined execution in high-stakes environments
- The ability to prioritize ruthlessly, focussing on what’s critical versus important to drive work to completion
- Extreme organizational hygiene—the ability to build a reliable tracking framework for legal deadlines and compliance requirements so nothing slips through the cracks
- A client-oriented mindset with an understanding of how your work impacts partners
- Strength in cross-functional partnership with the judgment to coordinate across multiple teams
- A bias toward transparency, accountability, and responsiveness in everything you do
- You’re committed to continuous improvement and implicitly believe that we > I
- An appetite for transformation; you aren’t just looking to run a playbook—you want to optimize processes, eliminate antiquated workflows, and help build a scalable engine
- Impeccable high integrity, sound judgment, and a deep respect for risk, control, and operational excellence
What the job involves
- The Senior Payroll & Benefits Specialist will serve as the functional owner of DriveWealth’s total rewards execution, anchoring our payroll, benefits administration, and compliance landscape as we scale our operations to the next level
- You will be responsible for the end-to-end execution of our domestic and international payrolls, driving a seamless partnership with our benefits broker. Concurrently, you’ll help anchor our system transitions to automate operations, eliminate manual friction, and elevate our data hygiene
- Success requires a tech-forward, high-execution approach to multi-state operations, ensuring a bulletproof, audit-ready foundation for our next phase of institutional growth
- Payroll Execution: Process accurate payroll for all employees across US and Lithuania jurisdictions
- Payroll System Implementation: Support the transition to a new payroll provider, ensuring data integrity and system configuration
- Regulatory Compliance: Maintain adherence (and stay ahead of) to federal, state, and local payroll laws
- Tax & Filings: Manage reporting, garnishments, and statutory filings to ensure timely submissions
- Benefits Administration & Partnership: Partner closely with benefits broker to manage day-to-day operations, resolve employee pings and inquiries, and ensure seamless data syncing across our HRIS ecosystem
- Benefits Accounting: Recon withholdings to ensure accurate 401(k), HSA/FSA, and insurance funding
- Audit & IPO Readiness: Maintain meticulous record-keeping and data hygiene across payroll, benefits, and immigration to ensure our processes are fully compliant, risk-managed, and structured for rigorous external audits
- Financial Analysis: Monitor payroll-related costs and variances to support corporate financial reporting
- Issue Resolution: Resolve discrepancies and inquiries with a focus on precision and responsiveness
- Immigration Pipeline Management: Serve as the internal point person for immigration coordination—managing timelines, tracking critical renewal deadlines, and acting as the primary liaison between our external legal counsel and our global workforce
- Process Optimization: Implement procedures to enhance payroll efficiency and automation
Our take
Robo-advisory products and fractional share trading have expanded the investment industry's reach, attracting a broader audience than ever before. This shift has necessitated a redesign of the fintech industry's infrastructure to meet the growing demand for accessible, efficient investment options.
DriveWealth plays a pivotal role in this transformation by developing APIs that serve over 100 global fintechs, challenger banks, and digital wallets. Its infrastructure enables seamless robo-advisory services and fractional-share trading, giving retail investors access to US markets and offering innovative stock-reward programs. Among its partners are notable companies like Revolut, MoneyLion, and Hemista.
As the company continues to grow, it remains focused on scaling its business by enhancing its technology stack, pursuing strategic acquisitions, and expanding its team. It is well on its way to its ultimate goal of providing tools that empower companies to create investment products that are both accessible and convenient for everyone.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-9% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Aug 2021
$450m
SERIES D
Oct 2020
$56.7m
SERIES C
Total funding: $552.8m
Company benefits
- Health & wellness packages: We’ve built our benefits offering as a holistic package. We provide multiple health insurance carrier options and plans (medical, dental, vision) with access to HSA and/or FSA tax savings tools. We also provide income protection including life insurance, AD&D, short- and long-term disability, as well as extended coverage resources such as fertility benefits and mental wellness resources
- Vacation & time off: To build a successful organization, employees need time away to rest and recharge, so we provide paid time off including paid holidays and unlimited vacation time. We also strongly believe in work-life balance and, therefore, offer fully remote and hybrid work positions based on role requirements
- Professional developmnet: We believe one of the greatest contributions we can make is investing in our employees’ professional development. Therefore, we offer financial support toward continuing education courses, academic coursework, professional conferences, earning professional certifications, and membership fees to professional organizations
Company HQ
Financial District, New York, NY
Leadership
Naureen Hassan
(CEO)Previously President of the Americas at UBS, was on the Board of Governors at FINRA and Partnership For New York City and was the First Vice President of the Federal Reserve Bank of New York.
Salary benchmarks
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