RWM Performance Management and Incentives

Posted 6 Days Ago
Be an Early Applicant
Tower, MI
Mid level
Fintech • Payments • Financial Services
The Role
The role involves calculating monthly incentives, analysis of performance metrics across Wealth segments, managing workflows for incentive processes, and collaborating on automation solutions within the Sales Force Management (SFM) system. The candidate will streamline incentive payouts and ensure data accuracy, enhancing operational efficiency.
Summary Generated by Built In

If you are looking to excel and make a difference, take a closer look at us…

Job Responsibilities:

  • Support and fulfil RWM monthly incentives calculation, KRA and performance analysis across Wealth segments: Private Banking, Priority Banking, Personal Banking and submit the payroll to HR for process.

  • Responsible for monthly incentive calculation and payout for Regional Wealth Management (RWM), including cross-sell/referral from other divisions. This includes managing appeal cases, claw-back, payment of deferment, investigation, GL journal posting etc for tactical and non-tactical incentive. Ensure Incentive payout is processed timely and accurately. Prepare provision of incentive deferment for accrual accounting entries.  

  • Responsible for process flow simplification and automation. Collaboration with the business stakeholder, external vendor and IT to streamline the incentive process to be more adaptive and efficient in delivering desired results.

  • Accountable for the maintenance of the Sales Force Management (SFM) system for RWM products, incentive schemes and ensure accuracy of SFM data source, update parameter and manual data posting for incentive calculation. Regularly involved in system update/enhancement with the system support team and vendor to ensure system functionality in order.

  • SFM automation to reduce manual intervention - Assess system feasibility and develop system solutions for RWM incentive schemes in collaboration with PFS Incentive team, and provide recommendation based on data analysis, stakeholder requirements that is in line with organisation sales and productivity strategic direction into system automation and digitalisation.

Job Requirements:

  • Malaysian citizen

  • Degree in Statistic, Business, Finance or Strategy Management

  • 3 years and above work experience, preferably in financial institution

  • Background in Finance, Banking, Strategy, Project Management or relevant ICT experience

  • Experience in managing sales incentive, target setting, sales result oriented and human resource management.

  • Knowledge in programming, business process, database or system logic

Skills:

  • Strong Microsoft Excel, PowerPoint, Macro skill

  • Banking knowledge with business ICT experience will be an added advantage

  • Knowledge in SQL programming

What’s next?

  • Once you’ve applied online, our team will carefully review your application. Due to a high volume of applications, we appreciate your patience to allow for a fair and timely review process.

  • Should you be shortlisted for the role, we will send you an invitation via email for an interview. You can also check on your application status by logging into your candidate account.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.

Realise your full potential at Hong Leong Bank by applying now.

Top Skills

SQL
The Company
Kuala Lumpur, Wilayah Persekutuan
6,612 Employees
On-site Workplace
Year Founded: 1905

What We Do

Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 100 years, it provides comprehensive financial services covering consumer banking, business banking and trade finance, treasury, branch and transaction banking, wealth management, private banking and Islamic financial services. Its merger with EON Bank Group in 2011 has further embedded its position as a core banking franchise with an expanded distribution network of more than 300 branches across the country.

With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and wholly owned subsidiaries in Vietnam and Cambodia. In China, the Bank has a 20% shareholding in Bank of Chengdu Co., Ltd., Sichuan and a consumer finance joint venture.

Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group. Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services

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