Payroll & Benefits Specialist

Capital Bank MD
life insurance, parental leave, paid time off, paid holidays, tuition reimbursement, 401(k)
United States, Maryland, Rockville
Feb 07, 2025
Description About Us Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey. Come join a bank where our employees thrive and are engaged in meaningful work. For the last 5 out of 6 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker. Position Purpose This position is responsible for assisting with day-to-day operations of the HR department including Payroll administration, management of the HRIS system (UKG), and supporting the Benefits Administration. In addition, this position works closely with the Compensation, Benefits & HR Technology Manager to answer all regulatory and compliance requests for information. Position Responsibilities Serves as the point person for all day-to-day HR questions and issues related to benefits, payroll, HR systems, and timekeeping. Responsible for payroll processing on a semi-monthly basis (15th and last day of the month). Assists with reviewing and resolving notices from Federal, State, and local tax agencies. Works closely with benefits broker to resolve benefit-related issues and ensure the accuracy of monthly billing. Overall responsibility for quarterly benefits audits. Works with AVP, Comp and Benefits Manager, as well as benefits broker, to assist with annual benefits renewal process. Monitors and corrects ACA on an ongoing basis ensuring accurate data for year-end. Overall responsibility for employee termination process. Maintains electronic employee files ensuring data integrity across various systems. Manages daily ad-hoc changes and employee requests in HR system. Assists with compliance and HR audits as needed. Responsible for collecting and distributing all HR Department mail. Minimum Education & Experience 2+ years of professional HR experience for an organization with 200+ employees in multi-site, multi-state locations. Bachelor's degree in relevant field or equivalent work experience. Excellent organizational and analytical skills. High level of accuracy and attention to detail. Strong communication and interpersonal skills. Previous experience working in a regulated environment is a plus. Technical Knowledge and Skills Experience running payroll and working withing an HRIS systems is a strong plus. Proficient in Microsoft office software suite. Proficiency in Excel is a strong plus. Knowledge and experience with Federal and State (MD/VA/DC/PA) Labor Laws as they relate to payroll and benefits. Experience with UKG is a plus but not required. Working Arrangements This is a fully onsite role expected to work in office Monday through Friday. Compensation: Base Salary Range: $22.67 - $31.74 hourly. Final determination of where you are at in the salary range is based on numerous factors such as relevant experience, skill set, education, and ability to meet qualifications within the job description. Additional Compensation: This role will include a yearly annual target bonus based on individual performance. Why Join Us? Join a growing company with a culture that fosters an entrepreneurial spirit Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more! Company Contributions to your 401k - Regardless of your contribution Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more! Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities Supporting Businesses. Helping People. Strengthening Communities. Capital Bank, N.A. is an Affirmative Action, E-Verify, and Equal Opportunity Employer. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)