Join our Distribution Compensation team and play a key role in ensuring accurate & timely payments to our diversified distribution channels and multiple lines of businesses.
In this role, you will be part of the Compensation team within Income’s Distribution Middle Office (DMO) and will report directly to the Compensation Manager. If you have a talent in working with numbers and excel under tight timelines, this role is for you.
- Handle monthly account closing related to all distribution compensation & ensure that all payments are timely and accurately completed
- Monitor, validate and process all financing schemes, contest & compensation payments to representatives & supervisors under all distribution channels
- Provide progress reports on all financing schemes, contest & compensation payments to help representatives & supervisors monitor their progress towards achieving of results
- Support implementation of initiatives to be rolled out by all distribution channels
- Handle e-submission of annual earnings of tied agents to IRAS & adhoc income statement request
- Participate in system testing of new product launches & distribution channels' new initiatives to ensure that compensation computation are correctly implemented
- Support the rolling out of regulatory changes in areas which impact distribution compensation
- Any other projects or tasks as assigned
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