Mission Société Générale Corporate & Investment Banking supports corporate and institutional clients by providing integrated financial solutions in an international, demanding and constantly evolving environment. Joining us means becoming part of a collaborative organization where quality of execution, innovation, responsibility and effective risk management are essential.

Responsibilities Société Générale Corporate & Investment Banking supports corporate and institutional clients by providing integrated financial solutions in an international, demanding and constantly evolving environment. Joining us means becoming part of a collaborative organization where quality of execution, innovation, responsibility and effective risk management are essential.

We are looking for a senior Payroll, Compensation & HR Operations Lead who takes ownership of these activities for approximately 220 employees in Spain, ensuring operational excellence, regulatory compliance and a high quality employee experience.

This is a broad and visible role within an international and highly regulated banking environment, working closely with Finance, external providers and local and international stakeholders, while contributing to the transformation and continuous improvement of our HR processes.

Tasks and responsibilities

Leading and coordinating the end-to-end monthly payroll process in partnership with our external payroll provider

Ensuring accurate and timely payroll delivery, including salary changes, bonuses, variable compensation, allowances and deductions

Managing payroll controls, reconciliations, audits and statutory reporting

Ensuring compliance with Spanish labor law, tax and Social Security requirements

Coordinating payroll accounting activities, provisions and closing processes with Finance

Managing compensation processes and employee benefits, including the versátil compensation plan

Administering pension schemes, life and disability insurance programs

Coordinating employee share plans and other equity-related programs

Producing workforce cost reporting and analysis

Managing relationships with external providers and ensuring high‑quality service delivery

Identifying opportunities for automation and simplification,



stronger controls and more efficient HR processes

Participating in HR transformation, digitalization and compensation implementation projects

Profile required Studies & experience

At least 8 to 10 years of experience in Payroll, Compensation & Benefits or closely related HR operations

Proven experience managing an end-to-end payroll process and working with an outsourced payroll provider

Experience in compensation, flexible benefits, pension and insurance programs

Experience in banking, financial services or another regulated multinational environment would be a strong advantage

Language skills

Fluent in English and Spanish

Technical, operational & Soft skills

Strong knowledge of Spanish payroll, labor legislation, taxation and Social Security requirements

A good understanding of payroll accounting, provisions, accruals and reconciliations

Advanced Microsoft Excel skills and confidence working with data and reporting

Knowledge of the Spanish Banking Collective Agreement would be highly valued

Ownership and Accountability

Attention to Detail and Accuracy

Payroll and Benefits Problem Solving

Communication and Stakeholder Management

Cross-functional Collaboration

Confidentiality and Professional Integrity

Prioritization and Time Management

Continuous Improvement Mindset

Teamwork and Collaboration

Why join us Société Générale Spain is a multi-category bank offering every employee the possibility to have several careers in a professional career path. Internal mobility and training are two core areas we focus on, in a dynamic, prosperous and evolving context.

This role gives you the opportunity to:

Take ownership of a broad and strategic Payroll, Compensation and Benefits scope in Spain

Work in an international Corporate & Investment Banking environment





Join an experienced and collaborative Human Resources team

Gain exposure to senior HR, Finance and business stakeholders

Work across a diverse portfolio of Reward programs, including payroll, flexible benefits, pensions, insurance and employee share plans

Contribute to HR transformation, automation and process improvement initiatives

Make a visible impact on operational excellence, regulatory compliance and employee experience

Continue developing your career within an international banking group

If you are passionate about Compensation and Reward, enjoy taking ownership of complex processes and want to contribute to the continued development of our HR services in Spain, we would be delighted to hear from you.

Business insight At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating? You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

Diversity and Inclusion We are an

equal opportunities employer

and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and

promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

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📌 Payroll, Compensation & HR Operations Lead - M/F/D (Madrid)
🏢 Société Générale
📍 Madrid