Incentive Management Manager

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Wealth and Personal Banking (WPB) is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world's largest global wealth managers with USD1.4 trillion in assets. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking for individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers' needs.
We are currently seeking a high caliber professional to join our team as an Incentive Management Manager.
Areas and Accountabilities:
Planning:
Setting up Performance Expectation for channels and individuals to deliver business objectives
Build up the FTE Plan for entire WPB to align with FRP and to achieve the business objective
Identify areas of improvement for sales performance vs cost efficientcy
Design scorecard all roles in WPB by leveraging on Global Framework to drive the busniess objectives, get approval from local & group team and training to staff
Manage Sales Productivity and recommend appropreate actions to improve
Organize various governance meetings related to Sales Performance, scorecard, incentive and keep a good track of action log.
Incentive Management:
Be accountable for coordination to develop, implement and execue effective Incentive.
Be accountable to run sales performance, and propose / present quarterly and year-end incentive payment
Organize the Country Calibration Meeting, ensure an smooth and error-free process of Incentive accrual and payment, anticipate any obstacles or bottleneck during the payout season.
Framework, Recognition Plans, Leadership Training Events.
Design/Build and execute Reward and Recognition Schemes for WPB including tactical contests to drive sales, customer experience and risk / conduct
Understand market practice and insights to validate the effectiveness of country.
Understand the Group Performance Framework and proper implement at country.
Work closely with HR, Finance, Regulatory Compliance, Risk to build up and implement the scorecard, performance framework and incentive caliobrations
Host recognation program including design, get approval, implement, run campaign result and hold the event