Vineet Kotnala
Pune
Summary
Dynamic Associate Director with extensive 16 years of experience in payments. Currently working at Synechron Technologies, specializing in cross-border payments, and SWIFT transactions. Involved in MT-MX migration. Proven track record in leading cross-functional teams and enhancing payment workflows. Adept in ISO 20022 compliance and user acceptance testing, driving operational efficiency while fostering strong stakeholder relationships.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Associate Director- BA
Synechron Technologies Pvt Ltd
04.2025 - Current
- Led payment implementation for U.S. fedwires, managing strategic relationship with Finzly.
- Directed a 20-member cross-functional team to deploy Finzly's banking solutions for major U.S. clients.
- Oversaw end-to-end deployment of Finzly's Payment and FX platforms, ensuring seamless integration for banks.
- Managed configuration of U.S. payment rails including Fedwire, FedNow and SWIFT.
- Preparing Implementation specification documents for Core Banking, OFAC screening, Fraud detection, and AML reporting.
- Collaborated with middleware partners to integrate fraud prevention and AML capabilities in client systems.
- Maintained comprehensive implementation documentation and Process design document tailored to each client's system architecture.
- Served as primary liaison among Finzly's product team, delivery organization, and U.S. banking clients.
Principal Lead Business Analyst
E solutions IT Pvt Ltd
03.2024 - 04.2025
- Overseeing entire xCT Product development (International/Domestic Collections and Transfer Product of FIS)
- Creating Payment Business flow for SEPA and Cross border payments
- Writing technical specifications for each Scenario.
- Dealing in Swift Payments, MT series 100,200,900 on payment engine (OPF)
- Perform Testing and mapping of various swift ns like MT103, MT202, MT202Cov, MT900, MT910,Mt940 also ISO 20022 MX messages like Camt (Camt.053,camt.054,camt.052, camt.056,camt.029) Pacs 008 and Pacs009.
- Well versed with working on VTK (Visualization toolkit) for Database Management, creating entities, components, validations, rest, UI screens, and mappers.
- Knowledge of Payments processing and functional flows.
- Good exposure of Configuration management activities in subversion (SVN) and GIT.
- Extensive experience in SDLC on both Waterfall and Agile methodologies.
- Proven Experience in preparation of functional specification documents including use cases, business rules, functional design document, business flow documents, Visio flow diagrams.
- Translate business needs/end-user requirements into functional specifications that describe what the system, process, or product/service, thereby fulfilling the end-user/business requirements.
- Provide subject matter expertise and analysis supporting the needs of Product Development, Quality Assurance (QA), and other internal stakeholders during day-to-day operations.
- Extensively experienced in the usage SQL, MS Visio, Rally, Jira, and Enterprise Architect.
Senior Business Analyst
Coforge Limited
06.2023 - 03.2024
- Requirement gathering efforts for Regulatory project hongkong market
- Daily standup meeting with stakeholders and highlighting scope and out of scope requirement
- BELR5, BELR8 and SPC 9 compliance guidelines and process documentation in Business Requirement document
- Exposure calculation for Breach and Non Breach cases of employees in HSBC defined in technical document
- FRD creation with solution architects for GCP( google cloud platform and NON GCP Markets.
- Identifying scope in merging two applications Qlick view and Power app
- Working on Background coding and front end view for client User interface requirements
- Responsible for making user stories, BRD and Walkover for client demo once projects gets for UAT testing
- Working on JIRA Epics, Features and userstories for Regulatory Tulip HSBC
- Identifying and resolving issues, risks, and conflicts throughout the project
- Continuously improving and optimizing business processes and systems to drive operational efficiency and effectiveness
- Part of Panel Team and hiring Business Analyst for Payments domain
Business Analyst
Saxo Bank
01.2015 - 05.2023
- Business and Technical liaison for the project and work with stakeholders for gathering requirements for Cross Border and SEPA payments which includes working on MT103 and MT202 and SCT and SDD flow
- Worked on MT195,MT196, MT199, MT192, MT999, MT910, MT900, Pacs008, Pacs009, pacs 003, pacs002, Pacs007, Pain 012 and all mandate messages
- Requirement analysis for Enhancement Related and new projects in Sprint zero activity.Making Business requirement document during discovery and Initiation phase in MS Word Development of customer mapping for payment format conversion (e.g...MTMX).
- Experience in Payments Business Requirements Analysis, requirements for customization / enhancements to the base product Payments functionality, change request management.
- Perform Testing and mapping of various swift ns like MT103, MT202, MT202Cov, MT900, MT910,Mt940 also ISO 20022 MX messages like CAMT(camt.052,camt.053,camt.054,camt.056,camt.057), pacs.008 and pacs.009.
- Walk through with developers and testers in agile sprint one activity.
- Experience of working in Agile Scrum Frame Methodology.
- Experience of UAT with leading financial institution to achieve STP. Good knowledge of End to end flow for cross border payments Direct, Serial and Cover methods expertise for cross border payments SWIFT MT messages and ISO 20022 standards Supporting and coordinating daily workflows on payment processing and assisting/resolving investigation of payments and messages (fraudulent & non-fraudulent).
- Coordinating with development team to convert business requirement into technical requirement and design the solution for all the risk, issues identified during the requirement stage.
- Giving sign off to high level scenarios to testers and responsible for backlog grooming.
- Driving UAT and preparation of health check scenarios for business users.
Business Analyst
Fidelity Investment services
03.2014 - 01.2015
- Approving high level scenarios in Jira tool.
- Working on CRM tool to migrate AMEX Payments.
- Writing user stories for Agile methodology and Backlog grooming.
- Identifying improvement areas & implementing measures to maximize customer satisfaction levels.
- Works closely with the team to enhance the productivity and effectively optimizing the performance.
- Worked on API testing and Kafka for Payments Credit process.
Business Ops Administrator
AON Hewitt
11.2012 - 02.2014
- Making high level scenarios for CRM application testing.
- API testing in Swagger and Postman tool for new onboarding of clients and use POST and PUT methods.
- Updating CRM tickets for payment related queries through CRM and Outlook.
- Updating Confluence for Training programs and planning KT sessions.
- Provided troubleshooting steps for various issues and resolve therein User acceptance testing for CRM application in KYC.
- Indepth knowledge of business processes, workflows, and systems.
- Writing highlevel scenarios, Low level test cases in MTM tool for CRM onboarding.
Payments SME
Royal Bank of Scotland
03.2010 - 11.2012
- Executed swift messages for MT100 and MT200 series.
- Oversaw incoming STP bookings along with outgoing payment processing.
- Performed manual creation of outgoing payments within back office operations.
- Managed transactions for MT195, MT196, and MT199 messages.
- Utilized Intellimatch application for meticulous account reconciliation.
- Conducted inter-book transfer payments as required.
Education
LLB -
Chaudhary Charan Singh University
06.2022
Master in Commerce -
Swami Vivekanand Subharti university
02.2019
Bachelor of commerce -
Delhi University
12.2009
Skills
- Cross Border Payments
- SWIFT and SEPA transactions
- ISO 20022 compliance
- Ms - CRM 365 KYC onboarding processes
- E2E Payment workflows
- User acceptance testing (UAT)
- Agile practices
- Jira tracking tools
- MIRO tool
- Lucid charts
- SQL querying skills
- Postman for API testing
- Swagger for API documentation
- MTM tool expertise
- Microsoft CRM 365 proficiency
- QlikView analytics tools
- FedWire payment systems
- FedNow instant payments
- Real-time payments (RTP)
- Reconciliation Intellimatch
Projects
OPF and XCT (core product),
Technical System Architect, 03/01/24- 03/01/25
Open Payment Framework (OPF) facilitates banks and financial organisations in their provision of payments services, whether they can be Card, ACH, Branch, Bulk, High Value, or international payment transaction (xCT). Documenting user and business requirements using a variety of methods, including user interviews, document analysis, requirements workshops, surveys, business process descriptions, use cases, task analysis, and workflow analysis Review business test scenarios and test cases. Responsible for key functional and technical support during business proving and pre and post implementation activities. Team co-coordinator during unit testing, end to end testing and tracked issues and progress of tasks. Worked on tracking releases using Jira and Confluence tools Handling multiple stakeholders and their needs about the information on a timely basis.
HSBC Regulatory Tulip
Senior Business Analyst, 01/06/23-15/03/2024,
Development of BELR 5, 8, and 9 for the compliance team of HSBC to review all highly exposed breached cases of HSBC employees. The employees who have taken any unsecured product from HSBC and have a lesser salary than the overall exposure will be considered high breach cases, where the HSBC compliance team will come into the picture and will trigger emails or have personal meetings to close the exposures
Saxo Bank- June 2016- July 2019
SEPA payments
Development of the customer credit transfer for euro payments(2016-2017), all core and basic credit transfers in euro within SEPA will be processed in accordance with the conditions of this scheme; SEPA credit transfers will be automated based on the use of open standards and the best practices of straight-through processing ('STP') without manual intervention.
Direct and Cover Payment Processing,
Business Analyst, 01/04/18-01/06/19
The project deals with the payment processing for cross-border payments where the sender and receiver banks do not have an accounting relationship. The objective of the project is to bring efficiency in direct and cover payment, which helps to reduce the use of serial payments to avoid paying more charges to SWIFT, where more banks' involvement as intermediary banks results in more charges
Awards
- 09/10/23, Certified Scrum Product Owner, Scrum Alliance
- 07/11/22, Certified associate in Software testing, Henry Harvin Education
- 03/07/23, CBAP, UDEMY
Languages
- Hindi
- Garwali
- English
Certification
Certified Scrum Product Owner
Accomplishments
Star performer of month July- Synechron
Timeline
Associate Director- BA
Synechron Technologies Pvt Ltd
04.2025 - Current
Principal Lead Business Analyst
E solutions IT Pvt Ltd
03.2024 - 04.2025
Senior Business Analyst
Coforge Limited
06.2023 - 03.2024
Business Analyst
Saxo Bank
01.2015 - 05.2023
Business Analyst
Fidelity Investment services
03.2014 - 01.2015
Business Ops Administrator
AON Hewitt
11.2012 - 02.2014
Payments SME
Royal Bank of Scotland
03.2010 - 11.2012
LLB -
Chaudhary Charan Singh University
Master in Commerce -
Swami Vivekanand Subharti university
Bachelor of commerce -
Delhi University