Job Description
Position: Senior Lead AePS Product role
About us:
National Payments Corporation of India (NPCI), an umbrella organisation for retail payments in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) and is authorised under the provisions of the Payment and Settlement Systems Act, 2007 for providing payment and settlement systems in India. Considering the utility nature of NPCI, it has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1+56 (now Section 8 of Companies Act 2013), with an intention to provide best in class digital payment infrastructure by creation of efficient and innovative retail payment platforms.
NPCI has recently set up two wholly owned subsidiaries, na
mely, NPCI International Payments Limited (NIPL) and NPCI Bharat Bill Pay Limited (NBBL) with the objective of adoption of NPCI’s payment platforms globally, and to create a Unified Bill Payment Infrastructure within India respectively.
NPCI is an Equal Opportunity Employer.
Position
Title:
- Lead / Senior Lead AePS Project
Level :
- B1/B2
Location :
- Goregaon
Experience :
- 8 to 15 years
JOB PURPOSE
Job Description
- Job Purpose
- This role in AePS & NFS – Product development team shall help in product development and onboarding banks on AePS services, VAS, and other compliance related projects. This role shall also help in preparing BRD for changes and new product / services development, coordination with internal departments for change management, testing, implementation and rollout by members. This job role shall help banks throughout the certification process on functional and technical aspects.
The role shall also help in monitoring transactions of banks, addressing production issues and support banks, wherever required. It shall also include preparing presentations, MIS and reports for internal and external audiences. The role shall assist in gathering and analyzing the best practices adopted by banks as part of their interaction with them and their vendors.
To onboard Banks on various AePS services and VAS
- Business development and Relationship Management
- Support bank on pre-requisites for certification
- Manage end to end certification (including technical and operational support) and documentation which shall help banks to onboard on various AePS services and VAS.
Closely monitor transactions for member banks as issuer/acquirer and UIDAI for authorization, etc.
- Daily monitoring of transactions
- Identifying reasons for related declines, working with member banks to resolve the issue and help in improving the success rate
Supporting banks to implement changes for regulatory and network prescribed compliances
- Help banks to implement compliance on regulatory and network prescribed requirements
Assist in gathering and analyzing the best practices adopted by banks and for preparing presentations, MIS and reports
- To interact with member banks and their vendors/Micro
ATM OEMs / Corporate BCs / etc. to gather best practices adopted by banks and help in improving AePS performance
- To work with internal teams (Analytics/ Operations/ etc.) for gathering information and preparing presentations, MIS and reports for internal and external audience
Assist in preparing product paper and BRD for new product / services and for change management in existing functionalities.
- To assist in preparing product paper for new product / services
- To assist in preparing BRD for changes / new requirements. To track progress of the project and ensure timely completion / delivery.
Liaison with UIDAI and other stakeholders
- To liaison with UIDAI / other stakeholders and co-ordination with ASPs for AePS services, projects, reporting, etc
About us:
National Payments Corporation of India (NPCI), an umbrella organisation for retail payments in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) and is authorised under the provisions of the Payment and Settlement Systems Act, 2007 for providing payment and settlement systems in India. Considering the utility nature of NPCI, it has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1+56 (now Section 8 of Companies Act 2013), with an intention to provide best in class digital payment infrastructure by creation of efficient and innovative retail payment platforms.
NPCI has recently set up two wholly owned subsidiaries, na
mely, NPCI International Payments Limited (NIPL) and NPCI Bharat Bill Pay Limited (NBBL) with the objective of adoption of NPCI’s payment platforms globally, and to create a Unified Bill Payment Infrastructure within India respectively.
NPCI is an Equal Opportunity Employer.
Position
Title:
- Lead / Senior Lead AePS Project
Level :
- B1/B2
Location :
- Goregaon
Experience :
- 8 to 15 years
JOB PURPOSE
Job Description
- Job Purpose
- This role in AePS & NFS – Product development team shall help in product development and onboarding banks on AePS services, VAS, and other compliance related projects. This role shall also help in preparing BRD for changes and new product / services development, coordination with internal departments for change management, testing, implementation and rollout by members. This job role shall help banks throughout the certification process on functional and technical aspects.
The role shall also help in monitoring transactions of banks, addressing production issues and support banks, wherever required. It shall also include preparing presentations, MIS and reports for internal and external audiences. The role shall assist in gathering and analyzing the best practices adopted by banks as part of their interaction with them and their vendors.
To onboard Banks on various AePS services and VAS
- Business development and Relationship Management
- Support bank on pre-requisites for certification
- Manage end to end certification (including technical and operational support) and documentation which shall help banks to onboard on various AePS services and VAS.
Closely monitor transactions for member banks as issuer/acquirer and UIDAI for authorization, etc.
- Daily monitoring of transactions
- Identifying reasons for related declines, working with member banks to resolve the issue and help in improving the success rate
Supporting banks to implement changes for regulatory and network prescribed compliances
- Help banks to implement compliance on regulatory and network prescribed requirements
Assist in gathering and analyzing the best practices adopted by banks and for preparing presentations, MIS and reports
- To interact with member banks and their vendors/Micro
ATM OEMs / Corporate BCs / etc. to gather best practices adopted by banks and help in improving AePS performance
- To work with internal teams (Analytics/ Operations/ etc.) for gathering information and preparing presentations, MIS and reports for internal and external audience
Assist in preparing product paper and BRD for new product / services and for change management in existing functionalities.
- To assist in preparing product paper for new product / services
- To assist in preparing BRD for changes / new requirements. To track progress of the project and ensure timely completion / delivery.
Liaison with UIDAI and other stakeholders
- To liaison with UIDAI / other stakeholders and co-ordination with ASPs for AePS services, projects, reporting, etc
💡 Quick Summary
Seeking a career-building opportunity? The Senior Lead AePS Product position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
