Payments Processing Analyst, NCT

Job Title: Payments Processing Analyst, NCT

Location: Jaipur, India

Role Description

• In Deutsche Bank, delivering high-quality payments data is critical to support regulators view on effective AML adherence. Transaction Monitoring Data Control (TMDC) operations part of Cash Operations unit within Corporate Bank is responsible to validate the quality of transaction data in adherence with AML guidelines set forth by Anti-Financial Crime (AFC) team within the bank for regulatory reporting.
• In support of this program, Corporate Bank (CB) must provide a daily reconciliation of all payment and related transactions with full content to Anti-Financial Crime (AFC) through the strategic EAP platform or via tactical direct feed.
• The daily operations within TMDC operations include review and research of transactions (non STP) for integrity and accuracy, troubleshooting issues with anomalies and partner with technology for remediation. Report anomalies in the process to management and stakeholders including Anti Financial Crime (AFC). Function also involves preparing data analytics and reports for both controls that facilitate effective reflection of data quality and reports to management in the form of dashboards and KPI. The functions also involve performing QA activities in support of operations and Technology deliverables.
• A key focus in this context is the provision of complete and quality-controlled transaction data to support Anti Financial Crime (AFC) program with the phased implementation of a new Transaction Monitoring (TM) process globally across 30+ countries. TMDC operations shall establish a sustainable Target Operating Model in support of this program.
• The person should possess solid technical knowledge on Cash operations related to Payments and Investigations. Understanding of SWIFT Standards, clearing and settlement systems is essential to perform the function. Analytical skills and deep dive trouble shooting ability is essential to be successful in the process. Commitment to continuous process improvement to ensure effectiveness of the processes is an expected competence.

What well offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

Essential

• Candidate should have a minimum of 2 years of business experience in operations management and working knowledge of various banking products like Cash, Cash Management Services/ System, with strong communications skills
• Knowledge on SWIFT Features, Product Services
• Good understanding of Regulatory Compliance Risk Control
• Have sound knowledge on Payments Clearing Systems, Embargo Filtering, Check Processing, Investigations and Funds Release
• Effective decision making and leadership skills.
• Ability to multitask and manage multiple deliverables / projects that are highly visible and of strategic importance to our clients
• Must be team builder and facilitator managing potentially conflicting objectives

Desirable

• Solid technical understanding of the business and Cash Operations is expected including strong knowledge of application security related processes and global messaging application.
• Good understanding of SWIFT Connectivity, FX Spot/ Swap, FX4Cash Payments would be added advantage
• Subject Matter expert in Cash products
• Good understanding of Migrations requirement and have migrated to a couple of business in the past
• Computer proficiency in MS Office and ability to utilize IT initiatives to achieve a high degree of operational efficiency, optimize costs and add value to the service provided
• Innovative approach to work and continuously identifies and implement improvements
• Seek opportunities to improve service processes, minimize operational risk and reduce costs
• Strong analytical skills, detailed orientation, service commitment and solid people management skills
• Strong awareness of risk control
• Must be prepared to work in a shift in line with regions supported

Your skills and experience

• Communication: Clear verbal and written communication with stakeholders.
• Time management: Prioritizing tasks and meeting deadlines.
• Problem solving: Handling unexpected challenges effectively.
• Risk management: Identifying and mitigating potential issues
• Measurement and adherence to KPIs
• Technical proficiency: Familiarity with project management tools like MS project, JIRA etc.
• Publish KPI, Dashboards and productivity reports at regular intervals
• Futuristic and innovative approach will be an added advantage
• Power platform skills are preferred