Assistant Vice President - HR Operations

Job description

Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position: Assistant Vice President - HR Operations - Human Resources Department Job Duties & Responsibilities: A) Compensation & Benefits Operations Manage end-to-end compensation and benefits operations, ensuring timely and accurate payroll processing and related accounting reports Administer payroll payment platforms and coordinate payroll-related activities to ensure smooth and compliant payroll operations Manage provident fund administration, contribution processing, and annual employer tax reporting in accordance with regulatory requirements Manage employee benefits administration, including insurance programs, annual renewals, compensation insurance, and other staff benefit schemes Coordinate provident fund annual audits and liaise with external auditors to ensure compliance with statutory and governance requirements B) Employee Lifecycle, Engagement & Advisory Administer employee lifecycle processes and provide comprehensive HR operational support throughout the employee journey Serve as a key contact point for employee enquiries and provide professional guidance on HR policies, procedures, compensation, and benefits matters Support the implementation and continuous enhancement of HR policies, programmes, and employee initiatives Support employee engagement, wellness, and staff events through end-to-end coordination and administration C) HR Systems, Reporting & Process Improvement Act as the local payroll system administrator and work closely with HRIS specialists to support system enhancements, digitalisation, and process automation initiatives Maintain HR data integrity and support HR system implementation, data migration, testing activities, and process improvements Prepare and analyse personnel expense reports, workforce cost forecasts, budgets, headcount reports, and management information for local, regional, and Head Office reporting Support employee engagement, wellness, and staff events through end-to-end coordination and administration D) HR Governance & Projects Coordinate HR governance, compliance, audit, regulatory reporting, and employee screening activities while ensuring proper record management and internal controls Drive continuous improvement initiatives across HR operations, compensation and benefits processes and undertake ad hoc HR projects and assignments as required Requirements: Degree holder of Human Resources Management or equivalent Minimum 5 – 8 years’ relevant experience in human resources management Sound knowledge of Hong Kong Employment Ordinance, Mandatory Provident Fund (MPF) regulations and other HR-related statutory requirements Sound understanding of payroll, taxation, employee benefits administration, retirement schemes and HR operational processes Hands on computer skills including spreadsheets and HRIS Candidate with less experience would be considered as Senior Associate Please apply with detailed resume stating latest and expected salary . SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment. Note on Mandatory Reference Check ("MRC") Scheme: The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions. For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest FAQs issued by HKAB . Further details will be shared on request if your application is being proceeded. Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.