Assistant Manager

3 weeks ago

Bangalore Karnataka, India Mashreq Bank Full time

Job Category NES Job Group End to end management of incentive pay-outs for Retail Banking teams along with Business Performance function automation of incentive calculations and management reporting Safeguard the accuracy integrity and compliance of incentive processing by independently reviewing validating and authorizing calculations prepared by makers IPU - checker will be responsible for verification critical analysis and exception handling Deep dive in issue and develop and implement corrective mitigants in place Accountable for identifying discrepancies resolving exceptions and ensuring final sign-off before pay-outs Responsibilities Review and verify incentive files for accuracy and eligibility based on approved policies Verify accuracy of sales revenue or performance data provided by the maker 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 Develop and refine SOPs checklists and process control mechanisms for IPU To overlook the Business Performance Incentive payment process which includes obtaining required data and validating and calculating performance pay-outs as per approved policies Lead root-cause analysis for errors discrepancies or non-conformances develop and implement corrective preventive actions Address to the SLA s and ensure monitoring for delays To liaise with Unit Managers to resolve issues and continuously enhance Business Performance Incentive pay-out process Prepare and present detailed reports on IPU quality metrics error trends and process improvements to senior leadership Resolve issues related to data policies and processes in collaboration with stakeholders and ensure necessary approvals and documentation is maintained for Audit records Qualifications Finance MIS professional preferably having experience of 7- 8 years in MIS Business Intelligence or finance functions in banking industry Should possess strong analytical skills with reasoning capabilities Strong problem-solving and process ownership 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

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