Senior Associate.MGN Pak - RBG - Incentive Processing.RBG-MGNPAK

Mashreq NEO CORP; Pakistan; On-site; PKR 800,000 - 1,500,000; Full time

Job summary

Mashreq NEO CORP is seeking an IPU Analyst to manage end-to-end incentive payouts for Retail Banking teams and support the Business Performance function. The role emphasizes automation of incentive calculations, data validation, and MIS reporting.

The ideal candidate has 2–3 years of MIS/BI or finance experience in banking, with strong analytical and communication skills to interact with business managers at various levels.

Qualifications

• Finance/MIS professional with 2–3 years in MIS, BI or finance functions in banking.
• Strong analytical skills and logical reasoning.
• Knowledge of retail banking products is a plus.
• Excellent interpersonal and presentation skills for interacting with Business Managers.

Responsibilities

• Formulate template for calculation of incentive and calculate incentives per approved policies, ensuring timely and accurate payouts.
• Adhere to the SLAs and monitor delays.
• Independently review and automate existing business performance and incentive processes to improve efficiency and reduce TAT.
• Oversee data collection and validation for MIS/payouts as per approved policies.
• Implement controls and set up SLAs with business stakeholders to enable accurate and timely MIS/payouts.
• Liaise with Unit Managers to resolve issues and continuously enhance Business Performance & Incentive payout processes.
• Manage theBusiness Performance and incentives database for detailed analysis.
• Resolve data, policy and process issues in collaboration with stakeholders and ensure audit documentation.

Skills

Analytical skills

MIS/BI experience

Banking domain knowledge

Interpersonal skills

Attention to detail

Team player

Job description

Job Purpose:

The IPU Analyst is responsible for end-to-end management of incentive payouts for Retail Banking teams, along with Business Performance function, automation of incentive calculations and management reporting.

Responsibilities:

• 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

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