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