Senior Associate.MGN Pak - RBG - Incentive Processing.RBG-MGNPAK

Job description

Job Purpose

The IPU Analyst is responsible for end-to-end management of incentive payouts for Retail Banking teams, along with Business Performance function, automation of incentive calculations and management reporting.

Responsibilities

• Formulate template for calculation of incentive and calculate incentives as per approved policies, ensuring timely and accurate payouts
• Adhere to the SLA’s and ensure monitoring, for delays
• To independently review and automate existing business performance & incentive process. Also, automate other internal processes wherever possible to bring in more efficiency and reduce TAT
• To overlook the Business Performance & Incentive payment process which includes obtaining required data and Validating and calculating performance & payouts as per approved policies
• To implement adequate controls in the process & set up processes & SLA’s with Business & stakeholders to enable and accurate and timely MIS/payouts
• To liaise with Unit Managers to resolve issues and continuously enhance Business Performance & Incentive payout process
• To manage Business Performance and incentives database for detailed analysis
• Resolve issues related to data, policies and processes in collaboration with stakeholders and ensure necessary approvals and documentation is maintained for Audit records Experience:
• Finance/MIS professional preferably having an experience of 2-3 years in MIS, Business Intelligence or finance functions in banking industry
• Should possess strong analytical skills with logic reasoning capabilities.
• Knowledge of Retail Banking Products is a plus
• Excellent interpersonal and presentation skills capable of interacting with Business Managers at different levels.
• Good organization skills with emphasis on attention to detail.
• Good Team Player