Background Information Essay Example | Topics and Well Written Essays - 250 words - 1

Background Information - Essay utilisationortfolio Strategy group develops a Monthly Lead List which is used by trade discussion section for the purpose of identification of customers that are part of our portfolio. The list chthonicgoes strict quality checks by an independent tone Control Analyst, who validates the data by utilizing critical business logic and by using QC expirys tab for result presentation.The US Banks Data Management and Analytics group prepares the Month-end- selling Metrics, which is also utilized by the marketing department to develop a report that provides guidance regarding marketing sales goals, actual and budgeted courts of marketing, cost per application, cost per lead and the associated variances.Interaction with legal and compliance department for approval of the marketing material that is under development for the purpose of compliance to relevant laws is also carried out by marketing department. During the period in advance June 1, 2014 approva ls for marketing material was only sought from the legal department, but now the marketing department utilizes US Banks ticket management system for this purpose. So, now marketing material is approved by compliance department after it has been approved by the legal department.Based on audit, the rating for merchandising review and Portfolio strategy has been labeled Effective. Policy and procedures related to quality control process for marketing lead list have been prepared and released by the Business unit. Whether adequate Quality Control was utilize by the independent analyst or not, could not be ascertained, since supporting documents were insufficient to support the analysts position. The team is in the process of implementing control measures which is an indication that they are aware of the prevailing