Sai Naik

About Sai Naik

Experienced Financial Operations professional with 7.8+ years in the Banking and Financial Services industry, working with global investment banks and buy-side institutions. Exposure across Payments, SWIFT messaging (MT/MX), ISO 20022 migration, FOBO reconciliation, fund administration, and cash/nostro controls.Strong understanding of trade lifecycle, cross-border payments, exception handling, break investigation, and control frameworks (4-eyes, RCA, ageing analysis). Hands-on experience in UAT planning, test case execution, release validation, and production sign-off for payment and reconciliation platforms.Worked closely with Front Office, Middle Office, Back Office, Treasury, and onshore stakeholders to ensure SLA/TAT adherence, risk mitigation, regulatory compliance, and smooth BAU operations. Experienced in process governance, SOP creation, migration support, and mentoring junior analysts.

Experience

1. Subject Matter Expert

   Cognizant

   Oct 2023 — Present · Hyderabad, IN

   Cognizant Technology SolutionsAssociate – GPP Support (Global Pay Plus – Fenstra)Client: MUFG BankRole SummarySupporting Global Payments Platform (GPP – Fenstra) for SWIFT, Fedwire and CHIPS payments. Handling Static Data Maintenance, Daily Production Monitoring, Compliance checks, and UAT/Regression testing.Key ResponsibilitiesStatic Data Maintenance • Performed account profile changes (Add/Delete BIC to party code). • Managed BIC 11 preparation and submission. • Processed SWIFT profile creation/deletion and updates. • Maintained Derivation Preferred flag and Account Derivation updates. • Updated Membership Flags and MOP selection changes. • Handled Debit Authorization and FW Debit Authorization updates. • Maintained Contacts (900–910) and static data reports. • Updated Max & Operating Cap limits. • Processed Template Lookup by Account updates. • Performed Maker/Checker validation and profile approvals.Daily Production Monitoring (GPP / Fenstra) • Generated Morning Reports – Wires Daily Volume & DSR Volume Load. • Performed OFAC (Hotscan) monitoring and follow-ups. • Extracted weekly DSR Wire volume reports. • Conducted Field 50 validation (Full Originator Information). • Monitored OVS Stop Flag and updated GPF. • Checked GPP production temporary accounts and cost center updates. • Monitored Fed 15 (WAITOFAC) payments – 2:30 EST check. • Performed Panasonic alert checks and DTB EGW outgoing wires monitoring. • Checked Hotscan pending transactions (Value Date & Outgoing wires). • Completed daily Fax Volume and EOD Volume reporting. • Performed SOFT daily checks and Production Inquiry reports. • Conducted HO and Branch BIC validation.

Education

• Osmania University

  Master of Business Administration - MBA, Accounting and Finance

• National Institute of Securities Markets (NISM)

  Bachelor of Commerce - BCom, Business Administration and Management, General

• Sri Sai Degree & P.G College

  B.COM, Finance, General