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MarketAxess

Payroll Associate

Posted 2 Days Ago
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Hybrid
London, Greater London, England
Junior
Hybrid
London, Greater London, England
Junior
The Payroll Associate will manage payroll activities for the EMEA & APAC regions, assist with pay slips, tax requests, and audits, validate terminations, and handle payroll deductions. The role requires strong organizational and communication skills, along with expertise in payroll systems and tax principles.
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About Us 

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. Why does this matter? Because our platform makes trading fixed-income more accessible, ultimately improving transparency, efficiency, and competition in the marketplace. Changing the way an established industry transacts is no easy feat. There will be twists and turns, because no one’s ever done this before. But now, more than 2,000 clients around the world rely on our solutions, and that number is only expected to grow in the years ahead. We know where we’re going. How we get there is up to us. Join us and help Take Us There. 

The Role

The Payroll Associate role will support all payroll/tax activities for the EMEA & APAC region and serves as a backup in the absence of staff support.  This position will directly interact with all levels of the firm and be a key resource to employees and the business. The successful candidate will be an extremely detail-oriented team player with excellent communication skills and the ability to multi-task and manage competing deadlines.

How You’ll Make an Impact 

  • Assist with pay slips and tax document requests
  • Assist with validating terminations
  • Checking banking details, NI, and tax changes and forms in the payroll system
  • Assist with special projects as required and provide assistance where needed in the payroll department to meet volume or peak period needs
  • Apply garnishments to employee’s payroll deductions and ensure payments
  • Research and respond to routine HRBPs inquiries regarding payroll calculations and deductions; investigate issues and make appropriate corrections
  • Prepare pre and post-audit reports each pay cycle for HR Partners to review and approve
  • Assist team members in day-to-day data collection, preparation, and export of pay data files in accordance with the timelines outlined in the payment schedule
  • Review, audit, file, and maintain payroll reports and documents

What We’re Looking for

  • 2+ years of payroll experience, including some experience with an HRIS/payroll system and related reporting

  • University degree preferred, or equivalent experience

  • Knowledge of payroll tax theory, principles, practices and applications (e.g. tax forms, notifications, monthly and annual filings etc.)

  • Experience with MS Office Suite, intermediate experience with Excel preferred

  • Analytical, quantitative, verbal and written communication skills

  • Highly organized with meticulous attention to detail

  • Strong team player, with the ability to work collaboratively with individuals at all levels

  • Strong curiosity; creative thinking and solution-focused with the technical prowess to deal well with complexity and abstraction

  • An autonomous worker with strong follow-through skills and the ability to work in a fast-paced environment

  • Excellent interpersonal skills with the ability to develop effective relationships with all levels of leadership, employees, and peers locally and virtually

What You Can Expect from Us 

  • Central Location: based at our city offices near St Paul's.  
  • Free Food: We provide lunch each day of the week when the employee attends the office via our vendor Feedr as well as breakfast cereals, office snacks and drinks from our free vending machines 
  • Paid Time Off: 25 days annual leave entitlement plus 2 charity days
  • Reward for your service: We offer a two-week bonus holiday after completing each 5 years of service 
  • Core benefits: Besides competitive standard benefits package we offer private medical (PMI) for family, Cash Plan, health screenings, dental cover, 6X life assurance, critical illness cover, income protection, pension, car leasing (Tusker electronic cars), reimbursement for wellness stipend, interest free season ticket loan and a “Share Incentive” plan
  • Tuition Assistance and Professional Training: Benefit from on-demand learning, boot camps, and opportunities to attend conferences 

For job positions in NYC, NY, and other locations where required, the estimated salary range for a new hire into this position is £55,000 to £80,000 Actual salary may vary depending on job-related factors, which may include knowledge, skills, experience, and location. You may also be eligible for annual cash incentives and other benefit programs.

Collaboration and innovation are integral to our success – it's how we got to where we are and how we’ll maintain and grow our competitive advantage. We believe this best happens in an office environment. Employees work in the office 4 days a week. This approach still allows for flexibility depending on the business function you work within but also helps us maintain a collaborative office environment long-term.

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Top Skills

Excel
Hris
Ms Office Suite

MarketAxess London, England Office

Our second largest office is close to the 17th-century St Paul's Cathedral and the prestigious Guildhall. In addition to two levels of open floor plans, plenty of collaboration spaces, and a living green wall, our London office has two recharge rooms for downtime, pool-playing and sports tournaments

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