SEPA,SEPA Testing,TARGET2,RTGS,Business Analyst,International Payments, Nostro Account,CHIPS,FED

11/2008 – 10/2012

Description:
RAPID Real time Automated Payment Systems in DIFC is the REAL time gross settlement system for USD and EUR currency in Middle East for Middle East banks.
Roles & Responsibilities:
Worked closely with CBUAE Payment System Oversight Unit to ensure system fully comply with CPSIPS (Core Principle for Systematically Important Payment System).
Worked in the Rules of RTGS Payment System
Worked in PSSF Law ( Payments System Settlement Finality Law)
Pre Sales & Post Sales Demo:
o Worked with pre sales team to give presentations and demos about the RAPID RTGS Clearing system both before and after the client (Direct Participant) decided to join the RAPID RTGS System.
Requirement Gathering:
o Involved in thorough requirement gathering from Direct Participant, putting them into perspective, translating and documenting the same from the We require these tasks to be done to the The system should be able to perform these tasks format this demands a very good knowledge of the reconciliation, payments and exception handling processes along with the in depth understanding of what our system is capable of doing.
o Involving in Gap Analysis of legacy system with that of the proposed model and identify the gaps
o Identify the need for change and coordination with IT team to implement the same.
o Creating traceability matrix in due course of gap analysis
o Interacting with business and conduct walkthrough for proposed functionalities.
o Prepared an approach document for Payment functionality
o Involving/Guiding to the testing team.
Functional Testing:
o Preparation of Test cases and Test Files according to the RAPID Payment Messages.
o Co ordination between the Settlement Institution(s) and the Direct Participants by performing Unit Testing, System Integration Testing, Operational Testing and User Acceptance Testing.
o Creation of test cases and test scripts
o Updating the test cases and imparting knowledge transfer to the team members.
On-Boarding Presenatation:
o Preparation of On-Boarding Presentation to the Banks who have shown interest in joining RAPID RTGS Clearing System.
o Coordinating between the Sales Team and the Bank to make sure that the banks joins RAPID successfully.
o Preparation of RAPID payment Flows, RAPID MICUG (Market Infrastructure Closed User Group).

10/2007 – 10/2008

Description:
MTNA is a Money Transfer New Architecture a global initiative to replace segmented legacy High Value Payments processing systems in Germany with state-of-the art, component-based processing systems. This application is bank's strategic, global platform for individual payments. MTNA key components like Qualification (monitoring, learning software), Meraca/PSE (manual entry, electronic repair, amendment, and cancellation), CDR. Currently the implementation is going on for new critical module Foreign Exchange
Responsibilities:
Functional Testing & Business Analyst:
o Preparation of Test Plan and Test Case.
o Generating test payments and loading in system to check for the defects.
o Coordinating with the IT Staff and Internal staff to close the defect after
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successful re-test.
o Defect Management & Reporting.
o Analyzing & Testing both QA & End to End in UAT Environment.
o Doing a GAP Analysis of the legacy system with that of the proposed model and identify GAPS
o Coordinate with technical team to implement the GAPS according to the new functionality and implement the same.

Description:
SEPA - Single Euro Payments Area is an initiative to establish a truly integrated European payments landscape where Euro payments are subject to a uniform set of standards, rules and conditions and can circulate as easily, quickly, securely and efficiently as in national markets today. SEPA services are:
1 SEPA Direct Debit (SDD) (Yet to be implemented)
2 SEPA Credit Transfer (SCT)
3 SEPA Cards Framework (Yet to be implemented)
Responsibilities:
1 Functional understanding of scheme rule book, implementation guidelines, schemas, sample files, STEP2 interface specifications, STEP2 functional overview, Configuration parameters, National Migration Plan etc.,
2 Creation of test plan and strategy for both SCT and SDD
3 Creation of test cases and peer review for both SCT and SDD
4 Updating the test cases and imparting knowledge transfer to the team members for both SCT and SDD
5 Overall SEPA activities project.(including SCT and SDD)
6 Prepared SEPA Testing

12/2004 – 5/2007

Description:
Garnered knowledge of USD, YEN and EURO clearing systems.
Processing of payment instructions of SWIFT (MT202, MT200 and MT103s), CHIPS and Federal Reserve Clearing System in USD.
Processing MT202,MT200 and MT103s in the EURO Clearing System( TARGET, ERP and RTP)
Processing MT202, MT200 and MT103s in the YEN Clearing System.(Bank of Japan Net Clearing System BOJNET) AND FXYCS ( Foreign Exchange YEN Clearing System)
Processing manual entries in YEN and AUD clearing system
Acquired basic knowledge of OFAC false positive cases and MT910 type in YEN Clearing System
Responsibilities:
1 Analyze the daily payment transaction to determine the most effective method of transferring funds to individuals, corporations, banks routing instructions meet industry
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standards and minimal errors.
2 Analyze the daily payment transactions(30,000Transactions) so as to increase the STP rate.
3 Advising the Client regarding the formatting of the payments so as to increase the STP rate
4 Handling client queries & complaints as and when necessary to clarify payment instructions .Handling queries of Relationship Managers
5 No OFAC/SDN items released, ensuring that payments adhere to updated OFAC requirements avoiding transfers to SDNs. This avoids penalty avoidance
6 Familiarization and adherence to control/compliance procedures and ensuring of no Control lapses
7 Have taken active part in the re-plat forming of the Money Transfer System by engaging in extensive UAT
8 Improved the Payment Process in order to reduce the errors and increase the client
9 Advised the technical support people to change the REL file so as to increase the STP rates
10 Monitor MT 940 and 950 statements delivered to the clients in USD and YEN clearing systems.
11 Acquired basic knowledge of OFAC false positive cases and MT910 type in YEN Clearing System