Senior Associate Business Operations

Posted 8 Days Ago
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Mumbai, Maharashtra, IND
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
Lead technical operations for UPI, RuPay, remittance, and payment acceptance systems. Monitor transactions, manage settlements and SFTP files, investigate declines, coordinate incident resolution, execute maintenance and upgrades, improve and automate processes, generate MIS reports, maintain documentation, and ensure regulatory compliance. Collaborate with banking partners, development, QA, and security teams while supporting 24x7 operations across shifts.
Summary Generated by Built In
• We are seeking an experienced Tech Operations Lead to join our UPI Back Office team, responsible for leading the technical operations and ensuring seamless execution of NIPL Business in area of Acceptance – RuPay cards & UPI, Remittance and Acceptance on UPI and UPI Licensing. • Technical Operations: Support 24x7 support working in various shifts to oversee country-wise transactions for products like UPI, Remittance, and RuPay. Responsible for monitoring both online and offline transactions, and monitoring to enhance user experience Manage day-to-day payment operations, including settlement file posting, forex rates updates, and SFTP file management. • Monitoring transaction declines (TD/BD) and analyze the root cause of the issue and highlight, follow up to fix the error in coordination with Bank & Partner. Driving process improvements, automation monitoring process, automated generation of various MIS & reports. • Transaction Processing: Oversee the processing of UPI transactions, ensuring timely and accurate settlement, and resolving any technical issues that may arise. • System Maintenance: Plan and execute system maintenance, upgrades, and patches to ensure the stability and security of UPI back- office systems. • Incident Management: Lead incident management efforts, identifying root causes, and implementing fixes to minimize downtime and ensure optimal system performance. • Collaboration: Work closely with cross-functional teams, including development, quality assurance, and security teams to ensure seamless integration and operation of UPI back-office systems. • Documentation: Maintain accurate and up-to-date documentation related to processes for operational tasks. • Ensure adherence to compliance and regulatory requirements, providing timely reporting to regulatory bodies and other stakeholders. Skills & Qualifications: • Education: Bachelor’s degree in engineering or equivalent graduate from a reputed college. • Experience: 6- 8 years of experience in technical operation with a focus on payment systems and UPI. • Strong understanding of Payments domain, Technology Operations. • Experience in NoSQL and RDBMS databases, able to write, modify and execute the SQL queries and procedures. • Knowledge of Java programming language, Devops tools will be an added advantage. • Hands-on knowledge of writing and executing Shell script in Linux and well versed with Linux commands. • Working knowledge on web servers like Apache, Nginx etc. • Open to travel within India and Internationally. • Top notch verbal & written communication skills to build strong relations and collaboration with influencing skills.

Skills Required

  • Bachelor's degree in engineering or an equivalent degree from a reputed college
  • 6–8 years of experience in technical operations focused on payment systems and UPI
  • Strong understanding of the payments domain and technology operations
  • Experience with NoSQL and RDBMS databases, including writing, modifying, and executing SQL queries and procedures
  • Knowledge of Java programming
  • Knowledge of DevOps tools
  • Hands-on experience writing and executing Shell scripts in Linux and proficiency with Linux commands
  • Working knowledge of web servers such as Apache and Nginx
  • Willingness to travel within India and internationally
  • Strong verbal and written communication, relationship-building, collaboration, and influencing skills
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The Company
HQ: Mumbai, Maharashtra
2,124 Employees
Year Founded: 2005

What We Do

NPCI is an umbrella organisation for all retail payment systems in India. It was set up with the support & guidance from Reserve Bank of India (RBI) & Indian Banks Association (IBA). A registered company under Section 8 of the Companies Act, 2013. Watch the NPCI Corporate AV - https://youtu.be/RGl9YQ6CB20 Products & Services Unified Payments Interface Unique payment solution which empowers a recipient to initiate the payment request from a smartphone. It facilitates 'virtual payment address'​ as a payment identifier for sending & collecting money & works on single click 2 factor authentication. Immediate Payment Service A 24X7, real time, cost effective, independent channel, retail payment service, introduced by NPCI, empowering customers to transfer money instantly with banks & RBI authorised PPIs across India. RuPay Robust card scheme designed to offer payment products with superior features & processes specifically designed to cater to diverse consumer needs. *99# USSD based mobile banking platform that makes banking services accessible to all the bank account holders on their mobile phones. National Automated Clearing House Centralised payment system developed with an aim to consolidate multiple ECS systems running across the country & provide a framework for the removal of local barriers/inhibitors. Aadhaar Enabled Payment System Bank led model which allows online financial inclusion transactions at micro-ATMs through the business correspondent of any bank using the Aadhaar authentication. e-KYC Electronic way of conducting authentic & real time KYC of a customer using Aadhaar authentication. Cheque Truncation System Electronic image of the cheque is transmitted to the drawee bank by the clearing house, along with relevant information. National Financial Switch Facilitates routing of ATM transactions through inter-connectivity between its member institutions thereby enabling the citizens of the country to utilise any ATM of a connected entity

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