Lead - MIS Analyst.RBG - Incentive Processing

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

• 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

• 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