Senior FX Ops Payment Analyst

Skills and Qualification –

• Candidate should have minimum 4 Years of work experience in Payment Processing
• Familiarity with regulatory reporting, central bank guidelines, and international banking standards.
• Experience with CLS (Continuous Linked Settlement) ‑ eligible transactions, FX netting, Nostro funding, and reconciliation systems.
• Exposure to core banking systems, trade lifecycle tools, and wire‑processing platforms.
• Strong understanding of compliance requirements for cross‑border transactions and FX operations.

Key Deliverables:

• Process, validate, and confirm FX trades across multiple currencies using internal systems and external trading platforms (e.g., FXall, 360T, Bloomberg).
• Foreign Currency Processing & Trade Oversight: Monitor and execute multi-currency FX transactions, verify rates and settlements, and validate booking accuracy.
• International Wire & SWIFT Payment Execution: Ensure timely and accurate processing of cross-border wire transfers using SWIFT and internal systems.
• Settlement Coordination and Execution: Ensure accurate and timely settlement of FX trades. Coordinate with counterparties, custodians, and FX front office. Monitor Nostro accounts and manage currency funding.
• Reconciliation and Break Resolution: Perform daily reconciliation of FX transactions and investigate unmatched trades, failed settlements or rate discrepancies.
• Client and Internal Stakeholder Support: Communicate with relations managers, trading desks and operations teams to resolve inquiries, provide updated and escalate issues.
• Reporting and Documentation: Maintain accurate trade and settlement records. Assist in preparing internal reports, regulatory disclosures and audit documentation.
• Cross Functional Support, Training, System Testing, Process Improvement: Support peer training, contribute to cross training as needed. Participated in system upgrades, workflow enhancements and control testing related to FX.
• Issue Resolution & Escalation Support: Act as an escalation point for wire exceptions, payment delays or rate disputes involving FX operations
• Uses knowledge-based judgement and discretion to make decisions pertaining to FX processing.
• Analyzes and resolves problems pertaining to FX processing.
• Provide subject matter guidance and mentoring to junior team members or new hires.

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:

• Working Hours – should be flexible to do Over Time duty if required.
• 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 level required: College, Vocational or Associates Degree (2 years or equivalent) in Business, Finance or related field. Consideration of equivalent work experience
• Minimum experience required: 4 Years of experience in FX operations, international wire processing or banking operations.
• Hand-on experience with SWIFT messages (MT103/202), FX platforms (e.g., FXall, 360T, Bloomberg), and international payment systems.
• Strong knowledge of global currency settlement processes and related compliance controls.

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 deliver the best to Customers and the Business.

About Mphasis

Mphasis applies to next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.