Team permissions

I am new to iIQ so I apologize if this is a little basic.  I am wondering if you can apply custom permission policies to a Team?  This would be very useful to add a policy then add and remove users from the Team as needed.   For example, if I have a department team and want them to only see tickets at their location within a certain set of issues.  With the users moving frequently it is easier to adjust at the Team level, at least how I am understanding it right now.

Thanks for your help!