Sr Associate - HR Compliance

About Us

LSEG is more than a diversified global financial markets infrastructure and data business. We are dedicated, open-access partners with a dedication to excellence in delivering the services our customers expect from us. With extensive experience, deep knowledge and worldwide presence across financial markets, we enable businesses and economies around the world to fund innovation, manage risk and build jobs. It’s how we’ve contributed to supporting the financial stability and growth of communities and economies globally for more than 300 years.

LSEG is headquartered in the United Kingdom, with significant operations in 60+ countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

Senior HR Compliance Analyst is a subject matter expert on HR compliance requirements to ensure compliance with labour laws and regulations for the country. The role involves managing end to end HR compliance requirements ensuring proper implementation of legal and statutory obligations. The role would also advice the local People function POCs on labour laws and compliance issues.

Key responsibilities:

• Labor Law Compliance

Stay up to date within changes in the Indian labor laws including but not limited to Shops and Establishment Act, EPF, ESI, Payment of Gratuity Act, Maternity Benefit Act, Minimum wages Act, POSH etc.

Ensure compliance of local HR policies and process with the laws, advice on changes when necessary and work closely with the COEs/POCs to implement changes

• Employee Benefits and Statutory Compliance

Ensure timely and accurate filings pertaining to labour department requirements and ensuring the labour compliance vendor adheres to all such required completions.

Payroll related reporting as required including and not limited to salary & leave registers/summaries and statutory reporting.

Ensuring employee benefits are in adherence to the legal requirements

• HR Audit and Record Keeping

In charge of internal HR/compliance audits. Liase with external auditors when required and address non compliance issues.

Analyse compliance programs and determine the best strategy and means to minimize risks.

• Employee Communication
   

Owns and delivers any employee communication required for compliance matters.

Is responsible for answering any employee questions regarding compliance

Provide guidance on compliance requirements during policy creation/amendment.

• Reporting and Documentation

Prepare and file necessary compliance reports for related authorities

Manage and update employee information and communication for statutory filings including employee forms and related information

• Vendor and Third Party Management

Coordinate with external vendors, legal advisors and compliance experts to ensure compliance when necessary.

• Risk Management

Monitor policies and procedures for potential compliance risks and address issues

Stay informed about legal and regulatory developments in the country impacting HR compliance.

Establish internal and external network of Indian Labor Law advisory sources for in scope.
 

Qualification:
Preferably a law graduate or any graduate/post graduate with relevant experience

Knowledge & Skill :

• A strong understanding of Indian Labour Laws and employment legislation and ability to advise on how to translate this into practical solutions/directions.
• Be proficient in Microsoft Excel, Word, PowerPoint, and HRIS.
• Have a strong ‘customer service’ ethic & able to work effectively under pressure.
• Be comfortable in handling ambiguity and fluid situations and have a pragmatic approach.
• Excellent communication skills and the ability to write HR plans, processes, proposals and reports. The ability to facilitate open forums and communicate HR messages to all levels of the Company.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

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