THILEEBAN R

• Predominantly we work on outgoing fed wire payments. Which involves below Message types.
• MT103- payments made to individual customers, Limited companies and Non financial institutions.
• MT202-bank to bank payments.
• MT210-Notice to receive funds from remitting party.
• We also work on NSTP payments which require manual intervention from our repair queue, Handling Repair Queue.
• Automation and STP initiatives also plays major role in our process.
• Parallel we do work on incoming wire payments too. In terms of inbound payments, we apply credit to customer acc by way of matching the MT210 (pre advice) and MT910 (announcement) along with the outstanding credit. Apart from the above, we handle a separate investigation mailbox which involves all Message Types like MT199/299, MT192/292, MT191, etc…
• We investigate the reason for recall, return and cancellation of the payment.
• Participated in ISO 20022 migration calls with BA and highlighting the system level impacts faced, post the migration of ISO Implementation.

• Resolving complex inquires via E-mails.

• Bank Reconciliation statement:
• Monitor all banking activities in order to detect irregularities
• Investigate all transactions in order to prevent fraud
• Prepare monthly bank reconciliation reports regarding all cash deposits to the bank(s)
• Perform the reconciliation and verification of accounts regarding cash at hand and cash
• At bank
• Reconcile and rectify all ledger accounts belonging to customers
• Reconcile accounts that fall into receivable records with the sales invoices
• File all prepared accounts in a well-organized manner
• Payment vouchers:
• Processed approximately 50-100 financial vouchers daily
• Manage payment posting process including verifying error and performing resolution
• Provide Customer Service Support on payment processing information including queries, reports, communication
• Validate all client payments are executed and reconciled
• Complete daily processing procedures including batch and balancing responsibilities
• Accounts Receivables:
• Collect payments from customers on time
• Make reports about past due, risk, collections, discrepancies and final cash flow results
• Reconciliations of internal cash accounts
• Escalation process of bad debt, unidentified charges and collections issues.

• Worked as an, Intern in Marketing and Sales