Compliance Analyst II

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex.

Provides strong compliance support to internal business partners. Ensures timely and accurate problem resolution while mitigating risk exposure.

Conducts research on complex compliance risk-centric issues impacting Paychex products and services, including proactive identification of regulatory and legislative developments which may provide business opportunity or challenges to the company, to support stakeholders in strategic business decisions. Recommends changes to products or services based on research and analysis. Develops and maintains constructive, influential relationships with internal and external business partners to ensure compliance needs are properly communicated and executed, as well as to minimize impact/cost of compliance to Paychex. Takes a leadership role in the management of the company’s relationships with external regulators and agencies, vendors, and other key parties. May represent the company as needed on industry groups/coalitions. Assesses compliance implications of potential acquisitions, new products and product enhancements, advertising/marketing/training materials, and other corporate strategic initiatives to ensure compliance objectives are achieved. Serves as subject matter expert on assigned Paychex products and services, including laws/regulations, enacted and proposed legislation, official guidance, trends, and industry best practices applicable to assigned area of responsibility. Partners with and makes recommendations to Compliance leadership and business management to ensure compliance with pertinent federal, state, local, and international regulatory requirements and company policies. Participates and/or leads complex compliance projects and engages business partners for participation, as needed, to support strategic business initiatives. Works closely with the Compliance leadership team to support the formulation of department policies, strategic plans, and standards in carrying out the objectives of the Paychex Compliance function. Provides actionable, comprehensive risk analysis on complex regulatory and other compliance matters to internal partners where necessary and as requested. Proactively prepares regular gap and other needs-based analysis and provides risk mitigation measures relative to Paychex products and services to provide risk mitigation measures. Creates opportunities for business partner continuous learning through compliance alerts, weekly letters, webinars, training sessions, and newsletters. Other duties as assigned to support the general purpose of the position’s function.

Bachelor's Degree - Preferred 4 years of experience in Related field. Communication - Preferred Management - Preferred Sales - Preferred Investigation - Preferred Information Gathering - Preferred Auditing - Preferred Marketing - Preferred New Product Development - Preferred Business Continuity - Preferred Customer Support - Preferred Financial Industry Regulatory Authorities - Preferred Risk Management - Preferred Sales Presentations - Preferred Risk Mitigation - Preferred Regulatory Compliance - Preferred Compensation In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $69,100 - $108,000 annually. Please keep in mind that this range is the