Nitesh Kumar A
Senior Business analyst
Chennai
Summary
Focused professional with 11+ years of experience as a business analyst with proven track record in banking sector,
Extensive knowledge of payment processing systems such as DOTOPAL, SCPAY, OPF & GPP.
Evaluating existing payment systems, procedures & work practices and formulating solutions to optimize business practices, known to deliver high-risk processes,
Expertise in swift migration from MT to MX (ISO 20022)
Developed user stories and process flow to support the design and development solutions for the bank’s payment processing application,
Rich understanding of Payment systems and swift financial messages such as MT101, MT103, MT200, MT202.Cov, MT199, MT192, MT292, & MT299, PACS008, PACS009, PACS009.COV,
Possess knowledge on Pain, MT, PACS & CAMT messages, Schema experience – Cross border TT, CHAPS, SEPA, CNAPS, CIPS, UAEDDS, UAEFTS, BUNA, Fedwire, ACH, RTGS.
Familiar with CDE fields and AML reports,
Technical Skills – Microsoft Excel, Word, PPT, Visio, SQL, Jira, DB2, FIGMA Soft –
Overview
12
12
years of professional experience
1
1
Language
Work History
Principal consultant
Wipro Limited
09.2024 - Current
- Project currently in: Lloyds Bank
- Product description
- Global PAYplus (GPP) is a state-of-the-art global payment services hub. It is designed to extend GPP’s market-leading performance, scalability, and reliability to a service-oriented architecture (SOA) compliant platform, GPP is based on a modern API- and microservice-enabled platform with an ISO20022 native data model.
- Key Roles and Responsibilities:
- Working as a business analyst cum customer journey manager where key responsibility is to gather requirements, collaborate with Finastra, and capture the impact analysis, feasibility and cost related to the enhancement
- Identifying key pain points through the journey maps and taking it up with product team to address and resolve the constraints
- Engaging with Finastra, discussing and addressing the regulatory and product changes, taking it up with business to identify the features can be brought in and features that needs to remain as is
- Developing user stories based on the above point
- Working on configuration activity in GPP when required
- Participating in scrum activities
- Maintaining backlogs for each sprint, working alongside product owners
- Key projects handled:
- Migration of outbound CHAPS, SEPA & Cross- border payments from Legacy applications to GPP
- Migration of MT to ISO messages for CHAPS and Swift schema
- Currently working on integration of a new corporate channel PPP with Global pay plus (GPP)
Lead Business Analyst
Standard Chartered Global Business Services
09.2022 - 09.2024
- Product Description
- SCPAY is a global payments platform for high-value, Bulk and micro payments, developed with a fully cloud native architecture and powered by containerized microservices, APIs and data analytics
- Key Roles and Responsibilities:
- Developed user stories and process flow to support the design and development solutions for the SCPAY system
- Worked collaboratively with team members to migrate TT, RTGS and Fast products to SCPAY
- Participated in Key meetings with clients including requirement sessions, system demos, user acceptance testing and end user testing
- Provide inputs to developing and modifying systems to meet client needs and develop business specifications to support these modifications
- Defining Project scope by Preparing Impact Analysis, reverse engineering docs, Design docs, traceability matrix to deliver a Minimum Viable Product each Sprint.
- Developed charges solution for China in new payments platform
- Key projects handled:
- Delivered projects aligned with BUNA payment clearing system enhancing cross-border transaction efficiency for corporate banking customers avoiding the route of correspondent banking
- Was involved in requirements gathering for E-DDA project
- Gained expertise in UAEDDS, UAEFTS during migration of schema from Legacy to New system
- Collaborated with cross-functional teams to ensure compliance with UAE – Central bank directives for instant payment systems in alignment with ISO 20022 standards for payments
- Migration of TT products to SCPAY for Countries India, China, UAE & Singapore
Lead Business Analyst
FIS Global Business Solutions India Private Limited
04.2022 - 08.2022
- Product Description
- OPF is a set of reusable and extensible components, Frameworks and technical services for use by the product development team, Project engagement teams, Customers and partners who want to reuse, Customize or extend Clear2Pay’s payments solutions
- Key Roles and Responsibilities:
- Developed user stories and process flow to support the design and development solutions for the FSIS system
- Worked collaboratively with team members to design solutions that meet client’s business requirement and fulfill user stories
- Participated in Key meetings with clients including requirement sessions, system demos, user acceptance testing and end user testing
- Provide inputs to developing and modifying systems to meet client needs and develop business specifications to support these modifications
- Defining Project scope by Preparing Impact Analysis, Design docs, traceability matrix to deliver a Minimum Viable Product each Sprint
- Major projects handled – FSIS (Sanctions check layer created for EWB bank), ISO2022 Migration.
Business Analyst
Standard Chartered Global Business Services
08.2019 - 04.2022
- Product Description
- Dotopal is an integrated system where payments will be received through various channels and transactions will be processed end to end, it uses Dotnet technology, The object of the project is to enhance the functionalities of the different modules of the system for the smooth flow of the transactions
- Key Roles and Responsibilities:
- Involved in analysing the User requirements from BRD
- Preparing the FSD documents and driving LUW requirements
- Preparing the user stories based on FSD
- Maintaining healthy back log for each sprint by creating user stories
- Conducting grooming sessions for testing and development teams
- Reviewing the test scenarios created for each user story
- Engaging interfaces by creating JIRA sub-tasks/dependency under Epic, providing walkthrough of the requirements to those teams and involving them during the project
- Assisting in driving the UVT scenarios with country during Go-Live
- Key projects handled:
- Defined detailed business requirements, elaborated user stories and collaborated with stakeholders for billing and pricing project during Vat implementation for UAE branch
- Regulatory purpose of payment code project for multiple countries – Was involved in implementation of mandatory POP code for countries AE & JO for RTGS & TT payments
- Change in holiday setup for AE branch from Friday & Saturday to Saturday & Sunday
- Implementation of 24
- 7 of TT & RTGS payments processing for AE branch
- Implementation of 24
- 7 RTGS & NEFT payments in India branch
- SCB- Saudi Branch implementation – Was involved in requirements gathering, Solution drafting for RTGS payments while SCB was incorporating new branch in Saudi
- Implementation of SR7 & AMH Changes
- Implementation of GPI in cross border payment
Senior Process Associate
BNP Paribas India Solutions Pvt. Ltd.
11.2017 - 08.2019
- Key Roles and Responsibilities:
- Understanding the Business Requirement Specifications and Designing Test Cases, Execution of the test cases and reporting the bugs post Conducting Functional testing by applying technical concepts with Valid and Invalid inputs for positive and negative impacts resulting improved STP
- Providing payment services (international and domestic transfers) to Hong Kong branch with a strong focus on quality and efficiency.
- Focusing on various cut off’s and ensuring team processes the payments within the specified cut-offs
- Handling EOD and reconciliation activities of the HK payments site.
- Fund Reporting to ALM/Treasury team for outward payments
- Handling FX related transactions, Booking Kondor if not received from PCMO team
- Conducting SIC meetings for the team throughout the day during various intervals to ensure a better planning and execution of the same for better processing of payments with quality within the agree SLA’s.
Senior Process Associate
Tata Consultancy Services
10.2013 - 11.2017
- Key Roles and Responsibilities:
- Focus on solving enquires from corporate help desk, retail help desks, branches and Vostro accounts holders
- Reconciliation of FCY accounts for fund transfer team based on the o/s statement entries shared by the recon team
- Handled ageing and high value payments case reports, identifying reasons for ageing and trying to solve the cases with constantly being in touch with branches, CSD team, RSD team and related banks
- Preparing and presenting various weekly/monthly MIS reports pertaining to process/productivity
- Played a vital part in testing of new application CRM by providing the insights, critical needs/specifications required for the tool in accordance with the investigation process.
- Processing of outward, inward and turn-around payments
- Preparation of monthly incoming business report to the central bank of Qatar
- Played a vital role in UAT testing for automation of MT103 and MT202 turnaround payments received from Vostros by designing test cases and applying technical concepts with Valid and Invalid inputs for positive and negative
- Impact resulting in improved STP volume with regards to turnaround payments
Education
Bachelor of Commerce - B.com
DG Vaishnav College
01.2012
Standard XII - undefined
St. Joseph Anglo Indian Boys Higher Secondary School
01.2009
Standard X - undefined
St. Joseph Anglo Indian Boys Higher Secondary School
01.2007
Skills
- Business Analysis
- Requirements gathering
- Agile Methodology
- Payments Investigations
- Process Enhancement
- Swift messages, ISO 20222
- Business Strategy
- Documentation
- Business process mapping
- SME in handling
- SWIFT Messages
- MIS Reporting/ Documentation
Awards
Awarded Star performer for Q1 2020 by Standard Chartered Global Business Services, Awarded Champion for the month of April 2018 by BNP Paribas India Solutions Pvt. Ltd, Awarded Star performer by TCS for the month of Oct 2014, April 2015, Jan 2016 and Feb 2017, Conferred Spot award by TCS for exceptional handling of 2 fraud related cases, Adjudged as Best Performer from client for the year 2015 for highest productivity and Quality during RAMADAN period
Disclaimer
I hereby declare that the information furnished above is true to the best of my knowledge.
(Nitesh Kumar. A)
Place: Chennai
Timeline
Principal consultant
Wipro Limited
09.2024 - Current
Lead Business Analyst
Standard Chartered Global Business Services
09.2022 - 09.2024
Lead Business Analyst
FIS Global Business Solutions India Private Limited
04.2022 - 08.2022
Business Analyst
Standard Chartered Global Business Services
08.2019 - 04.2022
Senior Process Associate
BNP Paribas India Solutions Pvt. Ltd.
11.2017 - 08.2019
Senior Process Associate
Tata Consultancy Services
10.2013 - 11.2017
Standard XII - undefined
St. Joseph Anglo Indian Boys Higher Secondary School
Standard X - undefined
St. Joseph Anglo Indian Boys Higher Secondary School
Bachelor of Commerce - B.com
DG Vaishnav College
Similar Profiles
AJITH SUKUMARANAJITH SUKUMARAN
Senior Engineer at Wipro LimitedSenior Engineer at Wipro Limited
Ramesh GullipalleRamesh Gullipalle
Head of Industry Cloud and Digital for Americas 1 at Wipro LimitedHead of Industry Cloud and Digital for Americas 1 at Wipro Limited
Saveekar KarthikeyanSaveekar Karthikeyan
Senior Business Consultant at Wipro LimitedSenior Business Consultant at Wipro Limited
Sachi KumbhareSachi Kumbhare
Business Analyst at Wipro LimitedBusiness Analyst at Wipro Limited
Vedavalli SVedavalli S
Senior Technical Lead at Alten Calsoft LabsSenior Technical Lead at Alten Calsoft Labs