Ravi Prakash P V
Bengaluru
Summary
Dynamic finance professional with extensive experience at Standard Chartered Bank, specializing in ISO 20022 migration and SWIFT products. Proven track record in team leadership and employee training, driving process improvements and ensuring compliance. Adept at analyzing data trends and resolving issues, consistently delivering results in high-pressure environments.
Overview
19
19
years of professional experience
Work History
Team Leader - Payment Investigations - ISO 20022
Standard Chartered Bank
05.2023 - Current
- Engaged with clients in Germany markets.
- Migrated ISO 20022, successfully implemented the same.
- SWIFT- Complete knowledge in SWIFT products like MT103, MT202, MT191, MT192 MT199, MT999.
- Quality checked analysis for the team across.
- Created and authorized messages and accounting adjustments according to process guidelines.
- Hands on experience in using CERS, EBBS, AMH TLM and MTS tools
- Oversaw internal account management and reconciliation.
- Highly experienced working with relationship managers across countries
- Process Knowledge on Clearing systems: SEPA, EBA, TGT
- Provided training on process-related activities.
- Maintained compliance with group money laundering prevention and sanctions policies and procedures.
- Met all day-to-day BAU activities within SLA.
Lead - Cash Operations
Infosys BPM Ltd
04.2020 - 04.2023
- Migrated the International Payments (Swift/Wire) and Payment Investigation
- Played pivotal role in migrating the process stabilizing the same in short span of time
- Achieved 100% accuracy for 6 consecutive months
- led 16 team members
- Worked in investigations and carried out the cases received from onshore team on a daily basis through swift messages, emails, fax and e-forms. Indexing, processing, and authorization of cases. Communicate via SWIFT messages ( MT 103, MT 192 MT 199 MT299 & MT 202 Cover messages) with other banks and financial institutes to carry out bank to bank investigations (traces, beneficiary claims non receipt, payment cancellation, returns of funds, RTGS returns, refinance payments, back valuation, amendments and reflection of payments).
- Allocation of Payment request for bot international payment and Payment investigation to team members and ensure all the payments are actioned before cutoff time
- Contacting the Onshore team through Office Communicator to discuss and take valuable suggestions while investigating a case. Coordinate with Onshore team, for holding payments until compliance approval is received to release the payment or reject it Ensure all cases are received and queued in a timely manner and escalate unusual activities to respective parties.
- Monitoring the team and conducting huddle meetings to discuss everyday issues and process improvements Monitored aged case analysis, training fresh employees the basics of fund Transfer investigations and payments, work distribution.
- Ensure payment has been delivered to the customers on a timely basis
- Client interaction and escalation management
- Addressing the pack to the clients in governance call
- Managing career discussion with team member on one on one basis
- Providing Interest and Withholding tax details and term deposit interest details to customers
- Carrying a merit of best employee for the project for migrating the process within short span of time
- For National Australian Bank (NAB)
Process Lead (Payments& Accounts Payable)
Cap Gemini
Bengaluru
12.2016 - 10.2017
- Key Result Areas:
- Spearheading the entire gamut of Invoice Process, Exception Handling & Payments
- Executing the daily process of payment using the three ways (Check, ACH & Wire)
- Conducted team meetings to address and resolve issues promptly
- Ensuring that the payment is processed on time to the respective accounts
- Followed up with the client and vendors to resolve any variances.
- Following-up with the client & various vendors to provide solutions for any variance
- Providing suggestions/advises regarding the payments to various vendors
- Documenting reports regarding Indexers Inbox &coordinating with concerned members about the same
- Creating leave trackers & managing leaves on the basis of volumes
- Prepared and evaluated MIS reports to support effective decision-making
- Significant achievements during tenure
- Maintained Invoice & Payment process in timely & accurate manner
- Presented a true & fair view of the financial position of the company by way of timely preparation of various reports such as invoice reconciliation, cheques & wire reports and team accuracy reports
- Recorded and managed all payment &accounting entries in JDE& People Soft and Acenza respectively
- Provided information on financial status by preparing special reports
Assistant Executive (Indirect Tax)
Apple India Pvt. Ltd.
Bengaluru
07.2014 - 05.2015
- Provided an overview of key achievements and responsibilities.
- Managed indirect taxation and accounts payable processes, ensuring compliance and accuracy
- Facilitated communication with EMEA Headquarters, providing updates and addressing inquiries
Process Analyst (Contract Compliance Group & Accounts Payable)
Accenture Services Pvt. Ltd.
Bengaluru
05.2013 - 06.2014
- Provided an overview of key achievements
- Facilitated migration of process from IBM to Accenture, ensuring seamless transition and compliance
- Directed accounts payable team, overseeing daily operations and enhancing transaction accuracy
Lead Finance & Accounts (Contract Compliance Group)
IBM Daksh Business Process Services Pvt. Ltd.
Bengaluru
09.2010 - 05.2013
- Provided key information about team accomplishments
- Led team for Swift Payments, ensuring seamless transaction processing
- Facilitated migration of ISO 2022 for Germany clients, enhancing compliance and operational standards
- Resolved issues and queries related to invoice and contract audits, improving team efficiency and accuracy
Process Executive (Cash Operations)
Deutsche Bank Global Services
Bengaluru
02.2008 - 04.2010
- Highlights:
- Handled WIRE (Swift) payments for Japanese clients while collaborating with the team in DB Global Services.
- Recorded the payment details in Advanced Payment System (APS)
- Recorded 218 payments in a day during high volume in November 2008.
Education
B.Com. -
Bangalore University
Bengaluru01-2007
Skills
- Operating Systems: Windows 11 & XP
- Computing Software: MS Office, Co - Pilot
- ISO 20022 migration
- SWIFT products knowledge
- Payment investigations
- Team leadership
- Internal controls management
- Client interaction
- Employee training
- Issue resolution
- Analyzing data trends
- Leading team meetings
- Team motivation
PERSONAL DETAILS
Languages Known: English, Hindi, Marathi & Kannada
Timeline
Team Leader - Payment Investigations - ISO 20022
Standard Chartered Bank
05.2023 - Current
Lead - Cash Operations
Infosys BPM Ltd
04.2020 - 04.2023
Process Lead (Payments& Accounts Payable)
Cap Gemini
12.2016 - 10.2017
Assistant Executive (Indirect Tax)
Apple India Pvt. Ltd.
07.2014 - 05.2015
Process Analyst (Contract Compliance Group & Accounts Payable)
Accenture Services Pvt. Ltd.
05.2013 - 06.2014
Lead Finance & Accounts (Contract Compliance Group)
IBM Daksh Business Process Services Pvt. Ltd.
09.2010 - 05.2013
Process Executive (Cash Operations)
Deutsche Bank Global Services
02.2008 - 04.2010
B.Com. -
Bangalore University