A Bank is seeking an experienced Compensation & Benefits Deputy Manager to join our team. The successful candidate will be responsible for overseeing payroll operations, compensation, and benefits processes to ensure accuracy, compliance, and competitiveness within the industry. Key Responsibilities: Implement, maintain, and review payroll processing to ensure timely and accurate payment of salaries, benefits, garnishments, taxes, and deductions. Manage payroll updates including new hires, terminations, transfers, and pay rate changes. Prepare and maintain accurate records and reports of payroll transactions. Ensure compliance with payroll-related laws, regulations, and best practices. Conduct industry benchmarking for payroll and benefits to analyze internal pay structures and recommend adjustments to ensure market competitiveness and internal equity. Support internal and external audits by providing relevant documentation. Identify and recommend improvements to payroll systems, processes, and policies. Lead and provide guidance on compensation and benefits planning to support business goals. Perform other duties as assigned.