Senior manager - distribution compensation

Job Summary:

Managing Distribution compensation including commission payment process, Reward reconciliation and payments
Finalization and Closure of month end provisions
Commission & Rewards Regulatory and Management Reporting
Distribution Commission Setup Management
Commission & Reward Financial Schedule Preparation
Automation of Distribution Premium & Payout Reporting

Key Responsibilities:

Commission and Reward calculation, validation, disbursement and Provisions

Review and validate various data points, performance metrics and eligibility criteria of Rewards
Calculations basis predefined reward structure/ agreements
Maintain accurate and updated records of all metrics and transactions
Process commission payments with adequate controls within designated pay cycle, adhering company policies and timelines
Monitor Commission Payment Cycle, Commission Rates at channel and product level

Commission & Reward reconcili...