Lead - MIS Analyst.RBG - Incentive Processing at Mashreq, Bengaluru
Lead - MIS Analyst.RBG - Incentive Processing at Mashreq in Bengaluru. Apply with swipeandhired.
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
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 4-5 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