Senior Payroll Specialist at Virtu Financial

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Human ResourcesIndustries

Requirements

Minimum 8 years of experience in payroll processing, preferably in a multinational environment
Deep knowledge of UK & Ireland payroll regulations and tax systems
Strong attention to detail and a high degree of accuracy
Experience handling sensitive employee data with professionalism and discretion
Excellent communication and interpersonal skills
Proficiency with Microsoft Excel, Activ Payroll, and Workday
Ability to work independently and collaboratively in a hybrid work setting
Knowledge of Irish tax and payroll regulations (preferred)
Previous experience working in the financial services sector or a regulated environment (preferred)
Experience managing payroll across other European countries (preferred)
Further experience with general HR matters (preferred)

Responsibilities

Manage and process payroll across multiple European jurisdictions
Ensure compliance with all relevant tax laws and social security obligations
Liaise with external payroll providers and internal stakeholders to ensure accurate data flow and reporting
Administer statutory and company-specific payroll-related benefits and deductions
Prepare and submit required payroll reports to government agencies (e.g., HMRC, Revenue Ireland)
Ensure year-end processes (P60s, P11Ds, etc.) are completed accurately and on time
Maintain and update payroll records in accordance with GDPR and internal policies
Reconcile payroll reports with finance systems and support audits as required
Provide payroll-related support for internal mop projects and process improvement initiatives
Stay informed of legislative changes impacting payroll across relevant jurisdictions

Skills

Key technologies and capabilities for this role

Payroll ProcessingEU PayrollHMRC ReportingRevenue IrelandP60sP11DsGDPR ComplianceTax ComplianceSocial Security ObligationsPayroll ReconciliationYear-End Payroll

Questions & Answers

Common questions about this position

What compensation is offered for this role?

The position offers a competitive salary and discretionary bonus.

Is this role remote or hybrid, and what's the office requirement?

This is a hybrid working model requiring a minimum of 3 days in the office in London, United Kingdom.

What are the key skills required for the Senior Payroll Specialist role?

Essential skills include minimum 8 years of payroll processing experience, deep knowledge of UK & Ireland payroll regulations, proficiency with Microsoft Excel, Activ Payroll, and Workday, strong attention to detail, and excellent communication skills.

What is the company culture like at Virtu Financial?

The culture is collaborative and innovative with a flat hierarchy in a global, fast-paced financial services firm.

What makes a strong candidate for this position?

A strong candidate has at least 8 years of payroll experience in a multinational environment, deep knowledge of UK and Ireland regulations, proficiency in required systems, and preferably experience in financial services or other EU countries.

Virtu Financial

Market making and trading solutions provider

About Virtu Financial

Virtu Financial specializes in market making and trading solutions, providing services that enhance the efficiency of financial markets. The company uses advanced technology and its understanding of market structures to offer a variety of products, including execution services, liquidity sourcing, and analytics. Clients such as institutional investors and broker-dealers benefit from Virtu's ability to generate liquidity, which helps stabilize markets. A key feature of Virtu's offerings is its Open Technology platform, which supplies clients with data-as-a-service, including a library of APIs and tools to improve trading strategies. Unlike many competitors, Virtu emphasizes transparency and a comprehensive approach to trading, aiming to support clients in navigating global financial markets effectively.

New York City, New YorkHeadquarters

2008Year Founded

$194.5MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

501-1,000Employees

Benefits

Wellness Program

Gym Membership

Risks

Increased competition from firms like Citadel Securities challenges Virtu's market share.

Regulatory scrutiny on high-frequency trading may raise compliance costs for Virtu.

Cryptocurrency market volatility impacts Virtu's liquidity provision and risk management.

Differentiation

Virtu leads in electronic market making across diverse asset classes globally.

The Open Technology platform offers a robust data-as-a-service solution with extensive APIs.

Virtu's commitment to transparency and innovation strengthens its industry position.

Upsides

Growing demand for algorithmic trading boosts Virtu's market making services.

ESG investing trends increase demand for transparent trading platforms like Virtu's.

Quantum computing advancements enhance Virtu's trading algorithms and market efficiency.

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