About the role
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
8.Write operational policies
9.Implementation of strategic operational
continuous improvement
Team & Project management
1. Define processes, ensure execution and ongoing
governance.
2. Write operational policies
3. KPI management
4. End-to-end product delivery
Products
5. Process re-engineering
6. Automation projects to eliminate manual
dependency
7. Collaborate and communicate product road map,
project status
8. Conceptualization and implementation of
new products
Requirements & Onboarding
1. Review of approach documents and sign off
2. Perform UAT with the agreed TAT
3. Onboarding of banks / corporates / govt.
departments to NACH / its related services
4. Managing relationship with top banks, govt.
departments & corporates
Functional Skills
ØKnowledge on NACH and CTS
ØKnowledge on other payments systems like UPI,
IMPS, AePS will be added advantage
ØMS office
ØCommunication skills
Product responsibility:
ØProduct Conceptualization: Understand market, customer trends, opportunities,
user and bank / ecosystem pain points, how to differentiate regulatory
understanding
ØProduct Design: Design Thinking, agile approach, customer experience
ØProduct Development: Design & document tech specification and test cases
ØProduct Go Live: Identifying pilot study and ensuring product success.
ØProduct Commercialization:
üDrive users, value, volume, ecosystem
üCollaborate with Relationship Managers to drive the
product objective
ØMust Have –
üExposure to AI for building Products, Data
Intelligence etc.
üAbility to understand and translate technical concepts
such as APIs, integrations, AI models, and data-driven decisioning
Why Join NACH?
ØOpportunity to shape one of India’s largest
payments ecosystem
ØHigh-visibility role with end-to-end product
ownership
ØOpportunity to work with leading banks,
fintechs, technology partners, govt. institutions and regulatory bodies
ØStrong platform for career growth in payments
and product leadership