Business Specialist, Sales Performance, Incentive & Compliance

Reposted 2 Days Ago
Be an Early Applicant
Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MYS
In-Office
Mid level
Fintech • Financial Services
The Role
Prepare, calculate and validate monthly/quarterly sales incentives, payroll payment listings, retention provisions and accounting entries. Generate incentive statements, handle stakeholder inquiries, produce management reports and analyses, support annual incentive scheme reviews with back-tests and sensitivity analyses, and assist the Head on BAU and ad-hoc tasks.
Summary Generated by Built In
  • Gather and extract data from various sources prior to start of monthly sales incentive cycles.
  • Calculate monthly/quarterly sales incentives, campaign and referrals for all business tracks under GCB accurately (error-free) within stipulated deadlines.
  • Prepare payment listing for approvals and ensure submission to HR Payroll before or on predetermined deadlines.
  • Ensure accurate retention provisions are being made on monthly basis as per business requirements.
  • Calculate and prepare accounting related tasks; not limited to amortization schedules and accounting entries accurately and on timely manner.
  • Generate related individual sales incentive statements for respective sales force; and all complaints and inquiries from Business stakeholders and sales force are being addressed and managed properly within stipulated TAT.
  • Prepare management reporting and analysis for sales incentive payout to track and monitor performance by sales channels and individuals.
  • Active involvement in annual sales incentive schemes review exercise by preparing various back tests and sensitivity analyses as well participation in discussions with respective stakeholders.
  • Prepare other relevant analysis as requested by Head - GCB BPA CoE, Head – SPIC and other GCB BPA peers.
  • Assist Head - SPIC on all BAU and ad-hoc tasks.

Skills Required

  • Gather and extract data from various sources prior to sales incentive cycles
  • Calculate monthly and quarterly sales incentives, campaign and referral payouts accurately and on time
  • Prepare payment listings and submit to HR Payroll by predetermined deadlines
  • Make accurate monthly retention provisions per business requirements
  • Perform accounting tasks including amortization schedules and accounting entries timely and accurately
  • Generate individual sales incentive statements and resolve complaints and inquiries within stipulated TAT
  • Prepare management reporting and analysis to track sales incentive payout performance by channel and individual
  • Conduct back-tests and sensitivity analyses for annual sales incentive scheme reviews and participate in stakeholder discussions
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The Company
HQ: Kuala Lumpur
14,000 Employees
Year Founded: 1997

What We Do

We are a multinational regional financial services provider that is committed to deliver complete solutions to our clients through differentiated segment offerings and an ecosystem that supports simple, fast and seamless customer experience, underpinned by cohesive and inspired workforce and relationship built with stakeholders Headquartered and listed in Malaysia, RHB Banking Group is the longest established local bank, formed though the mergers of several banks, the oldest of which was founded in 1913. RHB Banking Group and its subsidiaries provide a full range of services ranging from retail banking, business banking, corporate and investment banking, Islamic banking, transaction banking to treasury, insurance, asset management, private equity and stockbroking services. TOGETHER WE PROGRESS Our strong heritage is the foundation of our commitment to continue serving the community. For over a 100 years, we have been helping people and businesses grow and succeed, and will continue to do so. Our experience gives us an in-depth understanding of the needs of our customers and partners, inspiring us to constantly innovate and improve to serve them better. With their unending support, we have established ourselves with a strong footprint throughout Malaysia and we are now present in 9 other countries across the ASEAN region. We hope our legacy and pursuit for excellence continues as we tirelessly cultivate and nurture the next generation through our actions and words, preparing a brighter future ahead. We thank those who believe in us and welcome everyone to join us on our exciting journey of progress. The time has come for us to move forward in unison, to realise our greater potential together. Our new brand promise "Together We Progress” honours our past, celebrates the present and welcomes the future. We invite you to join us as we work towards a better and brighter future for all.

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