Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital currency companies and investors around the world. Silvergate is enabling the rapid growth of digital currency markets and reshaping global commerce for a digital currency future. Challenging convention by empowering people allows us to exceed expectations for our clients while cultivating an awesome culture.

The Payroll Specialist plays an important role within the Human Resources team by performing a number of tasks related to the Company’s payroll functions. Assists with a variety of clerical tasks related to maintaining employee data, ensuring proper deductions, processing of payroll, and specialized tasks related to payroll tax or payroll and accounting. The Payroll Specialist provides amazing service to our internal customers.

ESSENTIAL DUTIES AND RESPONSIBILTIES

• Assists with payroll on a bi-weekly basis. Audits payroll before and after it is submitted by pulling reports and using formulas to reconcile data. Review timecards for hourly employees to make sure there are no errors. Prepare final and manual checks for employees as needed
• Supports, maintains, and optimizes the HRIS\HCM database. Ensures the system records are accurately recorded and crosschecked, ensuring that rules concerning confidentiality and retention are followed
• Supports validation of all new hire information into the HRIS\HCM database. Ensuring that all forms and benefit applications are completed accurately
• Processes employment verifications and all employee status changes
• Inputs payroll records accurately for all new employees
• Calculates special checks, reviews, edits, and processes adjustments as needed
• Reviews and checks online timecards for accuracy and completeness
• Makes required changes to employee payroll deductions. Processes child support deductions and garnishments, and requests checks for appropriate recipients of funds
• Processes manual payroll checks as required in case of payroll errors, terminations, or special circumstances
• Tracks and resolves payroll errors. Completes payroll adjustments and corrections as necessary
• Ensures that payroll functions are performed in accordance with established policies and procedures
• Accurately input and validate employee change forms
• Provides Accounting Department with departmental payroll data to fund and record the payroll
• Complete month end payroll reports
• Maintains current knowledge of all federal and state laws and regulations, along with the Bank’s policies and procedures
• Must adhere to the company’s core values of Challenge Convention, Do What’s Right, Take Ownership, Empower People, Exceed Expectations, and Cultivate Awesome all while keeping our “Why?” front of mind. Our Why? Silvergate is the banking platform for innovators, and we believe in the power of entrepreneurs to create prosperity for our communities
• Not to harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice

KNOWLEDGE, SKILLS, AND ABILITIES

• High school graduate or equivalent. College degree preferable and/or relevant HR training or certification preferred
• 2 years of payroll experience
• Extensive data entry skills, spreadsheet, and word processing proficiency required
• Experience working in multi-state payroll preferred
• Knowledge of laws affecting human resources and payroll administration. Understanding of payroll and human resource reporting and recordkeeping requirements
• Organizational skills and attention to detail
• Excellent interpersonal and communication skills
• Willingness to make a difference in the employment experience of every member of the Silvergate team!

BANK SECRECY ACT 

Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank’s customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

WORK CONDITIONS
Remote work environment.

PHYSICAL DEMANDS
While performing the duties of this job, the employee is:

• Regularly required to talk or hear
• Required to sit for long periods and reach with hands and arms
• Occasionally required to stand; walk
• Occasionally required to lift up to 10 pounds (items such as computer and workstation equipment)
• Must be able to communicate with customer and coworkers verbally and in writing
• Able to read documents, computer screens, reports, other communications and have the ability to adjust focus and close vision

Management reserves the right to add to, change and revise this description at any time. This description does not include any marginal functions that are incidental to the essential functions. Also, it does not imply that these are the only tasks to be performed by the incumbent. Employees are required to follow any other job-related instructions and to perform any other job-related tasks requested by their supervisor. Any requirement may be modified to reasonably accommodate individuals with disabilities.

Silvergate is an EEO/AA/Disability/Vet

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.