Navneet Chaudhary
Lucknow
Summary
Payments & SWIFT Specialist with -7 years of experience in handling cross-border transactions across USD and EUR corridors. Strong expertise in SWIFT messaging (MT103, MT202 COV) and ISO 20022 (pacs.008, pacs.009), with hands-on experience in payment investigations, exception handling, and reconciliation. Proven ability to manage both bank-to-bank and client-facing queries, including high-value corporate clients. Experienced in handling multiple international branches, stakeholder reporting, and process improvement through structured controls and MIS reporting. Known for delivering timely resolutions in high-pressure environments while ensuring regulatory compliance.
Overview
7
7
years of professional experience
2013
2013
years of post-secondary education
Work History
Senior Analyst
Deutsche Bank
Jaipur
05.2024 - Current
- Handling cross-border EUR and multi-currency payments using SWIFT (MT103, MT202 COV) and ISO 20022 formats (pacs.008, pacs.009).
- Managing both bank-to-bank and client-facing payment investigations, ensuring seamless resolution of queries.
- Supporting global clients including high-value private/corporate entities across different regions.
- Managing payment operations for multiple.
- international branches including Portugal, Brussels, and Saudi Arabia, ensuring adherence to local cut-offs and compliance.
- Preparing and sharing daily MIS reports with stakeholders highlighting pending cases, risk areas, and operational performance.
- Creating and maintaining daily checklists and control sheets to ensure process accuracy, audit readiness, and zero-error delivery.
- Coordinating with internal departments, correspondent banks, and external clients to resolve complex payment issues.
- Performing detailed investigation of payment failures, identifying root causes, and implementing process improvements.
- Ensuring adherence to AML, sanctions, and regulatory compliance across all transactions.
- Continuously improving processes to enhance efficiency, reduce turnaround time (TAT), and improve client satisfaction.
Team Developer
Bank of America
Gurugram
03.2023 - 04.2024
- Processed and investigated cross-border USD payments using SWIFT messages including MT103 and MT202 COV.
- Managed payment investigations related to delays, returns, and discrepancies by coordinating with correspondent banks.
- Ensured compliance with AML, sanctions screening, and regulatory guidelines for international transactions.
- Worked closely with internal teams and global counterparts to resolve high-priority payment issues within defined SLAs.
- Performed reconciliation of nostro accounts and ensured accuracy in transaction postings.
- Conducted root cause analysis (RCA) for failed or delayed payments and implemented corrective measures.
Associate
Hcltech
Lucknow
12.2018 - 12.2022
- Worked on Cross Border Check Processing (CBCP) project involving end-to-end validation and processing of international cheque transactions.
- Matched and verified Issuance Advices (MT110) against presented physical checks to ensure authenticity and accuracy.
- Performed signature verification and validation of cheque details prior to processing and settlement.
- Handled processing of stop payment orders and ensured timely action to prevent unauthorized disbursements.
- Conducted sanctions screening and compliance checks to ensure adherence to regulatory and AML guidelines.
- Utilized filtering tools (HotScan / similar systems) for transaction monitoring and suspicious activity detection.
- Maintained accuracy and compliance while handling high-volume transactions within defined SLAs.
Education
Bachelor of Computer Applications -
Naraina Group of Institutions
Kanpur 05.2014 - 05.2016
New Public Inter College
LucknowSkills
- SWIFT Messaging: MT103, MT202 COV
- ISO 20022: pacs008, pacs009
- Cross-border Payments & Investigations
- Client Handling & Corporate Servicing
- Stakeholder Management & MIS Reporting
- Multi-branch Operations (Europe & Middle East)
- Payment Reconciliation & Exception Handling
- AML & Sanctions Compliance
- Process Improvement & Controls
- High-Value Transaction Handling
Languages
Hindi
First Language
English
Advanced (C1)
C1
Hindi
Advanced (C1)
C1
Timeline
Senior Analyst
Deutsche Bank
05.2024 - Current
Team Developer
Bank of America
03.2023 - 04.2024
Associate
Hcltech
12.2018 - 12.2022
Bachelor of Computer Applications -
Naraina Group of Institutions
05.2014 - 05.2016
New Public Inter College