01Overview
Role: Sr. Associate NACH Product
Experience: 3+ years
Preferred Industry Exp: Banking / Fintech
Educational Qualification-
Essential: UG: - B.Tech/BE
Location: Mumbai
Job Purpose:-
1. Gathering and prioritizing product requirements, requirement analysis, working with development teams for implementation using agile methodology
2. Conceptualization and implementation of new products
3. Collaborate and communicate product road map, project status and issues to relevant stakeholders
4. Develop clear visualizations of complicated business processes and ambiguous business requirements
5. Responsible for product management and end-to-end project delivery
6. Convening and handling steering committee meeting and workgroup meeting with stakeholders.
7. Define processes, ensure execution and ongoing governance
- Write operational policies
9. Implementation of strategic operational continuous improvement
Accountabilities
Major Activities
Team & Project management
- Define processes, ensure execution and ongoing governance.
- Write operational policies
- KPI management
- End-to-end product delivery
Products
- Process re-engineering
- Automation projects to eliminate manual dependency
- Collaborate and communicate product road map, project status
- Conceptualization and implementation of new products
Requirements & Onboarding
- Review of approach documents and sign off
- Perform UAT with the agreed TAT
- Onboarding of banks / corporates / govt. departments to NACH / its related services
- Managing relationship with top banks, govt. departments & corporates
Functional Skills
Knowledge on NACH and CTS
Knowledge on other payments systems like UPI, IMPS, AePS will be added advantage
MS office
Communication skills
Product responsibility:
Product Conceptualization: Understand market, customer trends, opportunities, user and bank / ecosystem pain points, how to differentiate regulatory understanding
Product Design: Design Thinking, agile approach, customer experience
Product Development: Design & document tech specification and test cases
Product Go Live: Identifying pilot study and ensuring product success.
Product Commercialization:
Drive users, value, volume, ecosystem Collaborate with Relationship Managers to drive the product objective
Must Have
Exposure to AI for building Products, Data Intelligence etc.
Ability to understand and translate technical concepts such as APIs, integrations, AI models, and data-driven decisioning
Why Join NACH
Opportunity to shape one of Indias largest payments ecosystem
High-visibility role with end-to-end product ownership
Chance to work with leading banks, fintechs, technology partners, govt. institutions and regulatory bodies
Strong platform for career growth in payments and product leadership .
