S Vinothkumar

Working experience in Payment Investigation and Nostro reconciliation At (state street bank)

• Manual reconciliation of intraday Nostro transactions on Intellimatch i.e.ledgers and statements.
• (LD -ledger debit, LC -ledger credit, SC Statement credit and SD Statement Debit)
• Clearing out the transactions within cut-off time for different clearing systems via., NOSTRO
• Processing of different currencies on respective Cut off time on daily basis.
• Responsible for training new operational associates in learning process
• Escalate potential issues to immediate supervisor on a timely basis.
• Working on wire transfer investigation and inbound NA and EMEA process
• Follow-up with beneficiary bank to close outward recall request
• Handling queries received from different bank via swift MT299/199
• Working on all in bound queries. (MT199, MT299, MT192, MT999) received from agent bank.
• Reaching out to client for UTA/Compliance and Recall queries.
• Ensure to complete the EOD activities and preparing EOD checks.
• Handling of return of payments of currency USD (FEDWIRE & Chips) and Initiating recall request for outward payment base on request received from client
• Working Knowledge of MX Messages, MTS, IBS, ITracs, IMatch, ION,Psar
• Manual reconciliation of intraday Nostro transactions on Intellimatch i.e.ledgers and statements.
• (LD -ledger debit, LC -ledger credit, SC Statement credit and SD Statement Debit)
• Clearing out the transactions within cut-off time for different clearing systems via., NOSTRO
• Processing of different currencies on respective Cut off time on daily basis.
• Responsible for training new operational associates in learning process
• Escalate potential issues to immediate supervisor on a timely basis.
• Working on wire transfer investigation and inbound NA and EMEA process
• Follow-up with beneficiary bank to close outward recall request
• Handling queries received from different bank via swift MT299/199
• Working on all in bound queries. (MT199, MT299, MT192, MT999) received from agent bank.
• Reaching out to client for UTA/Compliance and Recall queries.
• Ensure to complete the EOD activities and preparing EOD checks.
• Handling of return of payments of currency USD (FEDWIRE & Chips) and Initiating recall request for outward payment base on request received from client
• Working Knowledge of MX Messages, MTS, IBS, ITracs, IMatch, ION,Psar

Working experience in International Payment Processing Operations including Swift messaging networks and

in Tata consultancy services. (CitiBank N.A Operations)

• Deft knowledge of MT103, MT202, MT199, book transfer and interbank payments ( Bank to Bank
  Transfer) used for outward telex transfer
• Processing of international fund transfer requests as per MIFT instructions from clients within the cut-off
• Monitoring the received MIFT & A2 instruction to ensure it has been verified and released to complete
• onitoring the electronics and customer dialed payments in payment processing systems (Global
  PAYplus - CitiFT, Flex cube, CITIDIRECT, GBS, E-flow and Swift message format such as MT103, MT202
  and MT199)
• Processing and transfer of USD, GBP, EUR payments using Fedwire, Swift code, IBAN, and sort code.
  Handling Pre & Post processing transaction queries.
• Follow up with external banks for credit confirmation, BCNR, return of funds, cancellation, and
  Forward the outward Telex to MT103, MT202 to respective banks basis customer requests
• Coordinate with TREASURY departments for rates
• Responsible for follow-up on pending payments and ensuring payments are released before the deadline.
• Zero operational write-offs. No transactional errors/operational losses through accurate processing
• Monitoring the received MIFT instruction to ensure it has been verified and authorized.
  Following cut-off for GBP,EUR,USD and SGD currency.

Working exerperiance in collection operations in Tata consultancy services. (CitiBank N.A Operations)

Monitoring all the queues like Deposit, Returns, ensure all the transactions are processed in stipulated time

(TAT).

● Resolving all the client’s queries from all 27 branches through phone calls as well as email.

● Processing the Customer Cheque deposits and Cash deposits based on the inputs received from the

Branches and the location coordinator.

● Capturing the cheque level information and customer deliverables in the system and sharing the reports to

the customer as per their request.

● Validating all the trackers performed by the makers at the end of the day to ensure nil pending.