Payroll and Flexible Benefits Team Leader, Financial Conduct Authority
FTC until 31st March 2027
£49.6-73k
Salary dependent on location
More information about location
Financial regulation service
Be an early applicant
Financial regulation service
1001+ employees
Be an early applicant
£49.6-73k
Salary dependent on location
More information about location
1001+ employees
Company mission
To enable a fair and thriving financial services market for the good of consumers and the economy.
Role
Who you are
- In-depth and up to date UK payroll, pensions and benefits experience
- People management experience within a payroll team
- Process improvement and payroll project experience
- Significant previous experience processing high-volume monthly payrolls
- Significant previous experience managing a benefits offer, strategically and operationally
- A good understanding of UK PAYE legislation
- Ability to calculate deductions such as overpayments, maternity payments, sickness payments, Tax and National Insurance
- Experience of developing and updating effective management information
- Ability to carry out pay period and year end processes essential for statutory and other returns, ensuring deductions are reconciled and all 3rd party payments are reconciled
- Experience of engaging effectively with stakeholders at all levels across a complex organisation
What the job involves
- This role is graded as: Lead Associate - Corporate
- We regulate financial services firms in the UK, to keep financial markets fair, thriving and effective
- By joining us, you’ll play a key part in protecting consumers, driving economic growth and shaping the future of UK finance services
- The HR Delivery team ensures the timely and accurate processing of the payroll on a monthly basis, alongside managing our flexible benefits offering
- We have a third-party provider which processes our payroll and we are responsible for providing the information to both them and our flexible benefits provider
- Reporting to the Senior Manager in the HR Delivery Team, you will lead a team of 2 responsible for the accurate and timely delivery of our monthly payroll to circa 4000 employees
- You will support all internal processes to ensure we compile accurate templates to send to our external payroll managed service provider and our flexible benefits provider
- Contract & Supplier Management – Oversee key business-critical contracts, including payroll providers and benefits administrators, ensuring effective procurement and supplier relationship management
- Payroll & Benefits Oversight – Manage payroll, flexible benefits budgeting, forecasting, and invoicing in collaboration with Finance, ensuring financial accuracy
- Benefits Strategy & Renewal – Act as HR subject matter expert on our benefits retender project. Develop and implement the flexible benefits strategy, engaging with HR and business stakeholders, and leading the annual benefits renewal process
- Compliance & Risk Management – Establish documented business processes, implement controls to reduce risks, and work closely with Internal Audit to ensure payroll and pension administration integrity
- Operational Excellence & Reporting – Ensure timely payroll and pension processing, accurate data transfers with outsourced providers, and produce management reports for oversight
- Team Leadership & Stakeholder Engagement – Manage a small team, liaise with HMRC on tax matters, resolve escalated payroll issues and provide technical expertise on complex payroll topics
Application process
- End Date: August 24, 2026
- Your external recruitment contact is Raimonda
- Your internal recruitment contact is Lauren
- Applications must be submitted through our online portal. Applications sent via social media or email will not be accepted
- Job advert closes: 11:59pm, Sunday 23rd August 2026
- CV Review/Shortlist: Monday 24th August 2026
- Interview: Thursday 27th August 2026
- Your Recruiter will discuss the process in detail with you during screening for the role, therefore, please make them aware if you are going to be unavailable for any date during this time
Our take
Developed on the back of the Financial Services Act of 2012, the Financial Conduct Authority is a regulatory body that acts as a regulator for financial firms, ensuring the integrity of the financial markets in the UK. Broadly focused on financial companies that provide consumer services, it’s governed by the Bank of England and therefore acts independently of the government.
The FCA is responsible for regulatory innovations, such as stronger customer authentication requirements, including biometric and code requirements for payments, that have clamped down on fraud and improved security for national consumers. The FCA also introduced the Anti-Money Laundering Supervision in 2017.
The organisation’s independence from government ensures its impartiality as a regulator. In the late 2010s, it set up the cryptoasset registration, a department responsible for ensuring the legality of crypto payments. This has become an important aspect of national counter terrorism measures, and exemplifies the complex and vital work that the organisation carries out.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- 25 days holiday per year plus bank holidays
- Hybrid working (work from home up to 60% of your time)
- Private healthcare with Bupa
- A non-contributory Pension of at least 8%
- Life assurance
- Income protection
Company HQ
Stratford Cross, London, UK
Leadership
Nikhil Rathi
(CEO)Previously the Private Secretary to UK Prime Ministers Tony Blair and Gordon Brown and was the Chief of Staff and Director of International Development at the London Stock Exchange. Studied at St Anne's College Oxford.
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