Lead - MIS Analyst.RBG - Incentive Processing

Job Purpose:

End to end management of incentive payouts 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 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

Key Result Areas:

• Lead and drive Automation of data sourcing and management of data obtained from Technology, BI other sources as required to identify staff wise business performance and incentives and ensure data received is as per policy parameters is independent.

• Enhance and Automate Business Performance and Incentive calculation process - which is currently managed in Excel

• Implement Internal Controls Checks in automated calculation models to ensure correct payment compliance with approved policy

• Ensure Exceptions are handled with proper approvals and log is maintained for audit record.

• Business Performance analysis Reports for Management Review

Knowledge, skill and 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