Company Name: Mphasis
Job Role: Officer
Experience: 1 – 4 Years
Qualification: Any Graduate
Job Type: Full Time
Job Location: Bangalore
Salary: Best in Industry
Job Description:
Skills and Qualification:
- Candidate should have minimum 1 to 5 Years of work experience in Payment Processing Check Item/Exception processing preferably within a US Bank, investment adviser, or asset management firm.
- Good understanding regulation related to Checks
- Strong knowledge of Check clearing procedures.
- Expertise payment platforms SCO Web 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 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 Checks, ensuring accuracy, compliance, and timely settlement across domestic and international transactions.
- Prepare, validate, and transmit Check disbursement batches 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, check exceptions (stop payments, stale/altered checks).
- Conduct daily reconciliations of check registers against bank statements, resolving breaks with thorough root-cause analysis.
- Maintain cut off time adherence, ensuring timely release of check processing aligned with banking schedules and value dates.
- Generate and maintain daily/weekly/monthly reports including settlement summaries, exception logs, outstanding checks, and operational dashboards.
- Ensure compliance with regulatory 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.
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
- Immediate joiners preferred
- 1 Year + Required (No KYC & AML Candidate)
- Candidates are required to bring a hard copy of their resume. Please mention HR Bhavya name on it.
Walk-in Drive Details Here:
Interview Date: 28th April 2026
Interview Time: 11.00 AM – 1:00 PM
Venue Details:
Global Village Tower F,
4th Floor Tower F-SEZ, Global Village,
Mylasandra-Pattenegere Village,
Off Bangalore -Mysore Expressway,
RVCE Post, Bangalore-560059.
About Mphasis Company:
Mphasis is a Bengaluru-based multinational IT services and consulting company, specializing in cloud computing, cognitive technologies, and digital transformation for industries like finance, telecom, and logistics. Founded in 1998 and majority-owned by Blackstone (39.85%), it uses its signature Front2Back™ (F2B) framework and NeoIP™ AI platform to help enterprises modernize systems and enhance customer experience.