Data Analytics and Compliance Officer
7 days ago
IQ-EQ is a leading Investor Services group that combines global expertise with a strong focus on client service delivery. Our services cater to fund managers, global companies, family offices, and private clients operating worldwide.
Job RoleThe Commission Management Team at IQ-EQ is seeking an experienced Data Analytics and Compliance Officer to play a critical role in efficiently administering commission schemes for our CCOs, Sales and Client Relationship Directors.
Key Responsibilities- Data Analytics:
- Collate, analyze, and reconcile new business records from OneView through to the associated time and billing systems to facilitate commission calculation.
- Calculate and validate payable commission using collated data and ensure timely completion of the annual payment cycle.
- Validate, trace, and process commission payments in line with company policies.
- Support the management and application of all commission schemes across IQ-EQ.
- Support the revision and preparation of scheme documentation on an annual basis to ensure active commission schemes are optimized for commercial performance.
- Partner closely with Commercial, Finance, HR, and IT teams to align on commission structures, payment schedules, and reporting requirements.
- Address and resolve commission-related queries from internal stakeholders professionally and promptly.
- Support regular MI and reporting to senior stakeholders to ensure the impact of commission payable is fully understood within the group.
- Maintain documentation on processes and procedures.
- Assist with implementing process improvements and updates.
- Support team members with learning and adapting to new processes.
- Identify inefficiencies or risks in the legacy commission process and recommend improvements.
- Collaborate on implementing automation tools to streamline calculations and reporting.
- Adhere to regulatory requirements and ensure compliance in commission processes.
- Monitor for and address potential risks such as discrepancies or non-payment issues.
This role presents an excellent opportunity to contribute to improving operational efficiency and ensuring the seamless execution of commission processes.
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