Lead - MIS - Incentive Processing

1 week ago

Bengaluru, Karnataka, India Mashreq Full time ₹ 15,00,000 - ₹ 25,00,000 per year

End to end management of incentive pay-outs for Retail Banking teams, along with Business Performance function, automation of incentive calculations and management reporting

  • Formulate template for calculation of incentive and calculate incentives as per approved policies, ensuring timely and accurate pay-outs

  • Adhere to the SLA's and ensure monitoring, for delays

  • Independently review and automate existing business performance & incentive process. Also, automate other internal processes wherever possible to bring in more efficiency and reduce TAT

  • Overlook the Business Performance & Incentive payment process which includes obtaining required data and Validating and calculating performance & pay-outs as per approved policies

  • Implement adequate controls in the process & set up processes & SLA's with Business & stakeholders to enable and accurate and timely MIS/pay-outs

  • Liaise with Unit Managers to resolve issues and continuously enhance Business Performance & Incentive pay-out process

  • 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

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