The Role
The Payroll Specialist supports biweekly payroll processing, ensures accuracy of employee compensation, and collaborates with HR for employee inquiries and payroll adjustments.
Summary Generated by Built In
Overview:
- Supports the activities of payroll and all tasks necessary to accomplish the organization’s payroll and compensation processing objectives with guidance and direction from leadership. Completes payroll process steps, statutory and government regulations, while adhering to Company policies. Responsible for supporting biweekly payroll function in the HR system, focusing on accuracy, timeliness, and accounting of all job functions. May complete work related to the Time & Leave system, as necessary.
Primary Responsibilities:
- Complete all necessary payroll activities as assigned under the guidance and oversight of more experienced staff.
- Provide accurate and timely payroll processing of employees’ pay, time, leave and other time off.
- Review and make necessary adjustments to terminated employees’ final pay; verify completion of timesheets and accuracy of dates, complete payment for accrued time off and severance as needed.
- Partner with HR Service Team on resolving employee service cases, with support from more experienced staff.
- Process off-cycle pay as requested; review retroactive pay transactions, etc.
- Sort and distribute payroll mail items.
- Complete off-cycle stock transactions with oversight from more experienced staff.
- Adjust time off accruals for scheduled hours changes.
- Maintain knowledge of the regulations and policies affecting the payroll process.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
- Promote an environment that supports a culture of belonging and reflects the M&T Bank brand.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
- Complete other related duties as assigned.
- No Supervisory Responsibilities
- Minimum of a High school diploma or equivalent (GED) and a minimum of 2 years’ payroll and/or relevant customer experience
- Experience working under pressure
- Detail-oriented
- Proficiency working in pertinent word processing and spreadsheet applications
- Prior experience working in a collaborative/team environment
Education and Experience Preferred:
- Associate’s degree and a minimum of 2 years’ payroll experience
- Experience with large multi-state company payroll processing
- Previous pertinent payroll software experience
- Previous time and leave experience
- Demonstrated understanding of the end-to-end payroll process
- Proven analytical skills
- Proven problem-solving skills
- Proven verbal and written communication skills
- Ability to interact with all levels of personnel
- Strong mathematical skills
Skills Required
- Minimum of a High school diploma or equivalent (GED)
- Minimum of 2 years' payroll and/or relevant customer experience
- Detail-oriented
- Proficiency working in pertinent word processing and spreadsheet applications
- Previous payroll software experience
- Demonstrated understanding of the end-to-end payroll process
M&T Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&T Bank and has not been reviewed or approved by M&T Bank.
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Retirement Support — Retirement benefits are positioned as a strong pillar, including a 401(k) match and the possibility of an additional employer contribution, plus access to an employee stock purchase plan.
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Leave & Time Off Breadth — Time-off offerings are framed as competitive, with a flexible PTO approach and paid volunteer time called out as a meaningful add-on to standard leave.
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Wellbeing & Lifestyle Benefits — Wellbeing support appears comparatively robust, highlighted by mental-health therapy/coaching sessions and broader wellness programming alongside community-oriented perks.
M&T Bank Insights
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The Company
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
