Job Description

Some careers shine brighter than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.



Our Digital Business Services teams are the foundation of HSBC, providing essential support across technology, operations and key central business services for our global businesses and functions. This includes running customer operations, delivering innovative digital solutions for customers and colleagues, managing bank-wide change, and central services such as procurement and real estate management. The teams play a vital role in driving great experiences for customers, colleagues, and enabling the bank's strategy.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.





The role of Pension Payroll Manager within the HSBC Wealth Retirement Services - Banking team will be responsible for overseeing all financial related activity in respect of pension scheme members, including payroll processing, direct debit administration, account reconciliations, invoice management and general pension finance duties.


This position would be ideal for someone who has demonstratable experience in pensions payroll and pensions finance.


In this role you will:



Management and oversight of the Banking team Accurate completion of monthly and supplementary pension payrolls - reconciliation, tax code processing, RTI reporting, BACS processing, and payslip/P45 production Accurate completion of daily account reconciliations Overseeing direct debit administration for pension contributions Production of regulatory/member reporting Provide information to HMRC in line with HMRC requirements and deadlines Ensuring invoices are raised in line with terms and conditions and in a timely manner Debt recovery in connection with invoices Production of management information as and when required Procedure reviews Participation in projects Training and coaching members of staff at all levels Allocation and supervision of work across teams Auditing/peer checking of work across teams


To be successful in this role you should meet the following requirements:



Demonstratable working payroll experience with a recognised payroll qualification Knowledge of pension administration system (SIPP~Pro) would be beneficial Knowledge of Cashvac is advantageous but not essential Continuous personal development staying up to date with payroll legislation Experience of manual payroll calculations Strong knowledge of RTI, Government Gateway and BACS Payment Services Excellent numerical skills Competent IT skills/Excel Strong attention to detail Strong organisation and time management skills working to tight deadlines The ability to work on own initiative as well as being able to identify when it is necessary to seek advice and support


This role can be based in London or Fareham and offer hybrid working.



Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.



If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:


Email: hsbc.recruitment@hsbc.com


Telephone: +44 207 832 8500