Payment Analyst ACH

Lusso Tech; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Lusso Tech in Bengaluru is seeking a Payment Analyst to manage end-to-end ACH and card processing for a US client, ensuring accuracy, timely settlement, and strict compliance with NACHA and card networks.

The role requires 1–5 years in payment processing, familiarity with ACH Plus or similar portals, strong problem-solving and communication skills, and ability to work in a high-volume, deadline-driven environment.

Qualifications

• 1–5 years in payment processing, preferably in US banking or asset management.
• Strong knowledge of NACHA, Fedwire/CHIPS/SWIFT and ACH/card regulation.
• Experience with ACH Plus or similar banking portals and dispute handling.
• Proficient in bank account validation, reconciliation, and settlement processes.
• Analytical, detail-oriented, with strong problem-solving and communication skills.

Responsibilities

• Execute end-to-end payment processing for ACH and card transactions.
• Prepare and transmit ACH files or card transactions with required approvals.
• Verify beneficiary/bank details and enforce dual-control workflows.
• Monitor returns/rejects/exceptions (R01–R85) and conduct investigations.
• Perform daily reconciliations and ensure timely settlement aligned with schedules.
• Generate reports and maintain operation dashboards.

Skills

Payment Processing

NACHA

Fedwire/CHIPS/SWIFT

ACH processing rules

Card procedures

Dispute Handling

Bank account validation

Exception handling

Reconciliation

Settlement processes

Analytical problem-solving

Fraud control & AML

Internal controls

Communication with banks/vendors

High-volume processing

MS Office (Excel)

Email drafting

Education

B.Com / BBA / BBM

Tools

ACH Plus

ACHPS

Excel

PowerPoint

Job description

Payment Analyst US Client ACH

PLEASE NOTE: NO AP / AR / P2P / O2C / AML / KYC PROFILES.

Skills and Qualification –

• Candidate should have minimum 1 to 5 Years of work experience in Payment Processing preferably within a US Bank, investment adviser, or asset management firm.
• Good understanding NACHA, Fedwire/CHIPS/SWIFT and regulation related to ACH & Cards
• Strong knowledge of ACH processing rules and Card procedures and Dispute Handling
• Expertise payment platforms such as ACH Plus, ACHPS, or equivalent banking portals.
• Proficiency in bank account validation, exception handling, reconciliation, and settlement processes.
• Strong analytical and problem-solving skills for resolving payment failures, variances, and investigations.
• Understanding fraud control mechanisms, OFAC/AML compliance, and risk-mitigation procedures.
• Excellent attention to detail, accuracy, and adherence to internal controls and dual authorization workflows.
• Strong communication skills for interacting with banks, vendors, auditors, and internal stakeholders.
• Ability to operate in high-volume, deadline-driven environments while maintaining accuracy.

Key Deliverables:

• Execute end-to-end payment processing for ACH / CARD processing, ensuring accuracy, compliance, and timely settlement across domestic and international transactions.
• Prepare, validate, and transmit ACH files, or Card transactions through ACH Plus/bank portals with required approval controls.
• Manage beneficiary/payee verification, bank detail validation (routing/IBAN/BIC), and adherence to dual control workflows.
• Monitor and process returns, rejects, and exceptions, including ACH return codes (R01–R85), and investigations.
• Process ACH and Card Dispute
• Conduct daily reconciliations of ACH batches resolving breaks with thorough root-cause analysis.
• Maintain cut off time adherence, ensuring timely release of ACH runs, and CARD processing aligned with banking schedules and value dates.
• Generate and maintain daily/weekly/monthly reports including settlement summaries, exception logs, and operational dashboards.
• Ensure compliance with NACHA, Fedwire/CHIPS/SWIFT standards, and internal audit requirements through robust documentation, controls, and process governance.
• Develop and update SOPs, process documentation, and audit artifacts, supporting continuous improvement, internal controls testing, and operational efficiency initiatives.

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
• Punctual and adherence to attendance and Leaves
• To report to Team Lead and follow the Instructions and the HR Policies as per Company

Certifications Needed:

• Education: 12 + 3 Degree Education is mandatory – B Com, BBA and BBM Graduates preferred, however Candidate with good work experience but with other Specialization can be looked into to some extent Only.
• Additional Certification on Banking and Payment Processing US Regulatory Bodies is an added advantage.
• No Tech Graduates – BE, B Tech, M Tech

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.