fund transfer

Lusso Tech; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Lusso Tech in Bengaluru seeks a Sr. Payment Analyst Funds Transfer to manage high-volume domestic and international transfers, ensure SLA adherence, and maintain regulatory compliance.

The role requires strong accuracy, attention to fraud prevention, cooperation with banks and clients, and capability to resolve payment exceptions quickly.

Qualifications

• 4+ years in banking operations, specifically fund transfer processing (domestic and international).
• Demonstrated expertise with wire transfer systems.
• Experience handling high-value transactions with minimal supervision.

Responsibilities

• Process and verify high-volume fund transfer transactions accurately within SLAs.
• Execute domestic and international wire transfers through various payment channels; process ACH/Fedwire.
• Review payment instructions for completeness and regulatory compliance; monitor queues and resolve issues.

Skills

MS Excel

PowerPoint

Excel Macros

Typing speed 28 WPM

Communication skills

Tools

MS Excel

PowerPoint

Excel Macros

Job description

Sr. Payment Analyst Funds Transfer.

Skills and Qualification –

• Process and verify high-volume fund transfer transactions accurately and within established service level agreements (SLAs).
• Execute domestic and international wire transfers through various payment channels.
• Process ACH transactions, Fedwire payments, and other electronic fund transfers.
• Review payment instructions for completeness and regulatory compliance.
• Monitor payment queues and ensure timely resolution of pending transactions.
• Investigate and resolve payment exceptions, rejects, returns, and repairs.
• Perform account validations and beneficiary verification checks.
• Coordinate with business partners, banks, clients, and internal teams to resolve transaction-related issues.
• Ensure adherence to US banking and Payment regulations.
• Identify and escalation suspicious or potentially fraudulent transactions.
• Maintain operational controls and support audit and risk management activities.
• Prepare daily transaction reports, reconciliations, and management updates.
• Participate in process improvement initiatives to enhance efficiency and reduce operational risk.

Key Deliverables:

• Process domestic and international fund transfers with a minimum accuracy rate of 99.5% or higher.
• Ensure all wire, ACH, and SWIFT transactions are completed within established timelines and cut-off windows.
• Complete daily transaction volumes in accordance with operational SLAs.
• Perform thorough validation of payment instructions to prevent processing errors and fraud.
• Adhere to all internal controls, dual authorization requirements, and payment governance standards.
• Escalate and mitigate high-risk or suspicious transactions in accordance with compliance procedures.
• Investigate and resolve payment exceptions, rejects, returns, and customer inquiries within agreed turnaround times.
• Minimize payment failures and operational losses through proactive issue identification and resolution.
• Partner with internal and external stakeholders to manage complex payment investigations.

Technical / Non-Technical Skills:

• Excellent MS Office skills – MS Excel, Power Point, Excel Macros and E Mail Drafting
• Good Typing Speed of 28 WPM with >=95% accuracy
• Excellent Communication skills – to Review Email, to attend Client Calls, Onshore Training etc

Behavioral Skills:

• Strictly US Shift Working Hours (8.30 PM IST To 5.30 AM IST)
• Should be flexible to do Over Time duty if required.
• Work from Office – No Hybrid of WFH
• Should be flexible with the weekly off

Certifications Needed:

• Minimum experience required: 4+ Years in banking operations, specifically with Fund transfer processing, both domestic and international
• Demonstrated expertise with wire transfer systems
• Experience handling high-value transactions with minimal supervision
• Prior experience working in a regulated financial environment with exposure to risk controls and compliance procedures

Expected Competencies:

• Interpersonal Effectiveness: Candidate should be a team player and demonstrate required aptitude and attitude towards work and the Team.
• Service Orientation: Candidate should be Customer Centric and committed to delivering the best to Customers and the Business.