Payroll Specialist

**Do you want your voice heard and your actions to count?**

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

**Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?**

We are currently recruiting for a Payroll Specialist for our HR Division in Düsseldorf.

**About MUFG**

**About MUFG in the European Economic Area**

Following the decision taken by the UK in 2016 to leave the European Union, MUFG has taken all of the necessary steps to ensure the continuation of all services to clients, regardless of their location. Clients located in the European Economic Area (EEA) access services through MUFG Bank (Europe) N.V. as well as MUFG Securities (Europe) N.V.

**About MUFG Bank (Europe) N.V.**

MUFG Bank (Europe) N.V. (MBE) is a fully-owned subsidiary of MUFG Bank, headquartered in Amsterdam. With offices throughout Europe, our teams provide clients with comprehensive financing solutions spanning Coverage & Structured Finance, Capital Markets and Transaction Banking, using MUFG’s global reach to provide bespoke solutions. With 73 green, sustainability, sustainability-linked and transition bond tranches in 2021 and 51 sustainability-linked loans in EMEA in 2021, MUFG is committed to supporting clients to achieve sustainable business growth.

**Your impact at MUFG**

The Payroll Specialist (Analyst) is responsible for supporting the German payroll function and MBE Payroll, acting as a key support to the main payroller. This role ensures compliance with German payroll legislation, statutory duties to authorities, and the accuracy and timeliness of daily payroll operations.

**Function positioning**

You will functionally report to the Head of HR Operations MBE and, for disciplinary matters, to the Head of HR Germany. The position holds accountability for supporting the HR Department (German and MBE Payroll teams). You will also collaborate with: Payroll team, HR Business Partners, Compliance, Legal, and external authorities

**The role includes the following**:

- Support payroll processing for German and MBE payroll, ensuring accuracy, timeliness, and adherence to internal controls.
- Ensure payroll runs comply fully with German labor laws, tax regulations, social security, and statutory reporting obligations.
- Support payroll audits and reconciliations, including cross-border payroll coordination between Germany and MBE entities.
- Act as liaison with external authorities (e.g., Finanzamt, social security agencies) for payroll-related reporting and inquiries.
- Monitor changes in German labor and payroll legislation, social security, tax laws, and related regulations, advising HR and Payroll leadership of necessary policy or process updates.
- Support implementation of legal and regulatory compliance initiatives related to payroll.
- Maintain awareness and compliance with GDPR and data privacy requirements in payroll data processing.
- Prepare and deliver regular and ad-hoc payroll reports to management and relevant stakeholders, highlighting trends, anomalies, and compliance status.
- Collaborate with the Head of HR Operations MBE and HR Germany to ensure aligned communication on payroll matters.
- Assist in the rollout and communication of payroll-related policies, updates, and initiatives.
- Support payroll system/process enhancements and integration with HRIS, ensuring smooth data flow and process automation.
- Assist with documentation and maintenance of payroll procedures and internal controls.
- Participate in designated HR and payroll projects, ensuring German payroll requirements are fully considered.
- Maintain excellent working relationships with internal HR, Finance, Legal, Compliance, and external authorities.
- Work closely with MBE Payroll team to ensure consistent payroll practices across regions.
- Collaborate with external payroll providers, tax advisors, and social security authorities as needed.
- Support payroll processes for both MUFG Bank Germany and MBE entities, ensuring entity-neutral compliance and operational integrity.
- Identify and escalate any conflicts or differences in payroll requirements between entities to management.

**In order to be successful in the role, you will need the following**:
Skills and experi