Senior Associate NACH Product

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 Accountabilities Major Activities Team & Project management
10. Define processes, ensure execution and ongoing governance.
11. Write operational policies
12. KPI management
13. End-to-end product delivery Products
14. Process re-engineering
15. Automation projects to eliminate manual dependency
16. Collaborate and communicate product road map, project status
17. Conceptualization and implementation of new products Requirements & Onboarding
18. Review of approach documents and sign off
19. Perform UAT with the agreed TAT
20. Onboarding of banks / corporates / govt. departments to NACH / its related services
21. Managing relationship with top banks, govt. departments & corporates Functional Skills Ø Knowledge on NACH and CTS Ø Knowledge on other payments systems like UPI, IMPS, AePS will be added advantage Ø MS office Ø Communication skills Product responsibility: Ø Product Conceptualization: Understand market, customer trends, opportunities, user and bank / ecosystem pain points, how to differentiate regulatory understanding Ø Product Design: Design Thinking, agile approach, customer experience Ø Product Development: Design & document tech specification and test cases Ø Product Go Live: Identifying pilot study and ensuring product success. Ø Product Commercialization: ü Drive users, value, volume, ecosystem ü Collaborate with Relationship Managers to drive the product objective Ø Must Have – ü Exposure to AI for building Products, Data Intelligence etc. ü Ability to understand and translate technical concepts such as APIs, integrations, AI models, and data-driven decisioning Why Join NACH? Ø Opportunity to shape one of India’s largest payments ecosystem Ø High-visibility role with end-to-end product ownership Ø Opportunity to work with leading banks, fintechs, technology partners, govt. institutions and regulatory bodies Ø Strong platform for career growth in payments and product leadership