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Job Purpose Reporting to the Section Head of Performance and Commission Team within Distribution Management Department (DMD), you will be part of the DMD team responsible for leading a team to handle commission & benefits related matters of our Financial Representatives. The Job
Oversee the overall management of the Commission & Benefits Team within DMD which is responsible for providing operational support in the areas of commissions, benefits and representatives' agreements.
Review and approve, where applicable, of all commission & benefits related appeals within limits stated
Regularly review efficiency and effectiveness of all processes and policies within the team
Review and implement guideline of business rules on agency remuneration
Review and enhance on communication to Financial Representatives related to commission & benefits
Work with IT & various stakeholders to ensure that product launches & related system enhancements are completed
Management of budget to support all activities within the team
Responsible for training & development of staff within the team
Responsible for communication of all corporate and business updates to staff within the team
Take accountability in considering business and regulatory compliance risks and take appropriate steps to mitigate the risks
Maintain awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company
Highlight any potential concerns /risks and proactively shares best risk management practices