Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.
Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.
For more information, please visit https://www.russellinvestments.com.
The Total Rewards Analyst is a critical contributor to the success of Russell Investments’ Total Rewards. This position supports EMEA (UK, Italy, Netherlands, UAE, Ireland, France) and North America Payroll programs, as well as EMEA benefits programs. This role requires a highly analytical and detail-oriented professional with a strong work ethic, capable of driving excellence in Global Payroll and Benefits design and administration. This individual is comfortable working in a matrixed organization and collaborating with multiple leaders to ensure cohesive and effective program management.
Reporting to the North American Payroll Manager, the Total Rewards Analyst will collaborate with key internal stakeholders – including Global HR, Finance, and Legal – and external vendors to ensure compliance and seamless delivery of Total Rewards programs. This individual will manage a variety of responsibilities, including supporting EMEA benefits renewals, conducting data-driven analyses and reporting, vendor management support for global benefits vendors, payroll responsibilities and providing exceptional customer service to our associates.
This role is ideal for someone eager to not only support and enhance existing programs but also to innovate and shape the future of work within our team. The successful candidate will bring expertise, fresh perspectives, and a commitment to building a best-in-class Total Rewards structure that aligns with Russell Investments’ global priorities.
Responsibilities:
Payroll
Processing full function Monthly payroll from start to finish. This includes, but is not limited to terminations, leaves, redundancies, new starters, Payroll Tax, pensions and other benefits, role changes, reconciling pay runs, loading bank files and month/year end reporting.
The provision of day-to-day Payroll Operational support across EMEA to ensure employees are paid accurately and on time and that integrity is maintained across all payroll systems
Documentation, distribution and record maintenance for all payroll related processes, procedures, checklists and calendars
Ensure all statutory and non-statutory remittances / payments are made accurately and on time, in accordance with the Payroll Calendars for all EMEA Payrolls
Compilation of reports and data as requested as well as summaries (E.g. earnings, taxes, deductions, leave, insurances)
Resolving payroll discrepancies and reconciliations (E.g. Pension contributions, Leave Balances)
Work with finance and carry out all payroll related activities regarding month end and year end processes / tasks across EMEA
General administration duties related to payroll services
Support with international assignments and complex issues like redundancies, Shadow Payroll and foreign income tax reporting
Identify process improvements and implement these changes
Administer accurate file management of all Associate and company records to meet the compliance of legal and statutory regulations.
North America Payroll Support
Benefits
Administer global health & welfare and retirement plans in EMEA with a focus on auditing and compliance.
Administer UK Master Trust, including contribution processing, regulatory compliance, and member communications in conjunction with the plan’s advisor, LCP.
Support UK pension scheme audits and reviews, ensuring documentation is complete and accessible.
Review and process UK fitness reimbursement requests timely and in accordance with company policy.
Coordinate and communicate annual flu vaccinations across EMEA.
Support EMEA global renewals, ensuring timely execution and accurate census reporting.
Assist with the RFP process for benefits providers across EMEA regions, including gathering requirements and evaluating proposals.
Manage EMEA benefits enrollment, termination, and life event change processes as needed.
Review and audit payroll, ensuring accurate benefits deductions and compliance across all regions.
Keep abreast of policies, legislative changes, and legal requirements, that may impact benefits, such as GDPR.
Provide financial metrics, perform cost analysis of benefits options, and assist with cost containment strategies.
Assist in the preparation and distribution of benefits communications, including brochures, plan documents, and associate notices.
Support change management efforts during major benefits transitions or new program rollouts to ensure smooth adoption.
Advise and counsel associates on day-to-day benefit-related questions in EMEA (via email, phone, walk-ups, and drop-in sessions).
Work closely with the Global Manager of Benefits and Retirement Program to support the strategic planning and implementation of benefits programs, to ensure that benefits programs are competitive, compliant, and aligned with the company's strategic goals.
Competencies:
Bachelor’s degree in HR, business administration, finance, or a related field, or equivalent experience.
5+ years of experience in benefits administration, with a focus on global benefits programs, EMEA preferred
In-depth knowledge of benefits regulations and compliance requirements across multiple regions.
Eagerness to improve processes and create a more valuable, impactful Total Rewards program.
Exceptional interpersonal, written, and verbal communication skills, with the ability to interact effectively at all levels of the organization and with external partners.
Strong integrity, discretion, and the ability to maintain confidentiality.
Excellent organizational, time management, and analytical skills, with keen attention to detail.
Proficiency in HRIS systems (preferably ADP and/or Workday) and advanced Excel skills.
Strong problem-solving capabilities, with the ability to manage competing priorities.
Preferred experience with global benefits providers, and a solid understanding of global renewals, RFP processes, and vendor management.
High volume and complex processing
Experience working in a Global environment processing pay in multiple countries would be advantageous
Sound and up to date knowledge of payroll and general HR practices, procedures and legislation
Experience with month & year end reporting, reconciliations & payments.
Advanced Microsoft Excel and Word skills