Project Manager – Core Banking & Payments

Job Title: Project Manager – Core Banking & Payments

Job Type: Full-Time (On-site)

Experience Required: 8–12 years in banking or financial services, with at least 5 years in project management roles involving core banking systems and payment platforms.

Location: Cyber City, Gurugram BU/Function: Digital Strategy & Analytics

About the Digital Business Unit at IndusInd Bank:

The mandate of the Digital Business Unit at IndusInd Bank is as follows:

• Building customer centric products with human centered design principles for retail Individual and micro, small and medium enterprise (MSME) customer segments
• Build innovative products and propositions backed with problem solving mindset to discover and solve latent needs of customers
• Build Embedded Finance (Banking as a Service) applications
• Ensure designs are highly available, highly modular, highly scalable and highly secure drive digital business

Few of the applications managed by the Digital Business Unit include Indie (Bank’s mobile app for retail individual clients), IndusNet (net banking application of the bank), IndusMerchantSolutions app, Whatsapp Banking, Chatbots, Easycredit for Individuals, easycredit for Business Owners, savings, current account and fixed deposit online platforms.

The unit’s objectives are three-fold: (a) Drive better customer experience and engagement, (b) Transform existing lines of businesses and (c) Build new digital only or banking as a service led digital business models.

About the Role:

We are seeking a seasoned Project Manager to lead strategic initiatives in core banking and payment systems. The role involves managing complex projects across digital banking, transaction processing, and system integration, ensuring timely delivery and regulatory compliance.

Job Responsibilities: Project Management & Execution

• Lead end-to-end project lifecycle for core banking and payment system implementations.
• Develop and manage project plans, budgets, timelines, and resource allocations.
• Ensure alignment with business goals, regulatory requirements, and technology standards.

Core Banking Systems

• Oversee upgrades, migrations, and integrations of core banking platforms.
• Collaborate with vendors and internal IT teams to ensure seamless system performance.
• Ensure data integrity, security, and compliance with banking regulations.
• Payments Infrastructure
• Manage projects related to domestic and international payment systems (RTGS, NEFT, IMPS, UPI, SWIFT).
• Implement digital payment solutions and ensure interoperability with banking systems.
• Monitor transaction flows and optimize payment processing efficiency.
• Stakeholder Engagement
• Liaise with senior leadership, regulatory bodies, vendors, and cross-functional teams.
• Provide regular updates on project status, risks, and mitigation strategies.
• Facilitate steering committee meetings and stakeholder workshops.

Risk & Compliance

• Ensure all projects comply with banking regulations, cybersecurity standards, and internal policies.
• Identify and mitigate risks related to system performance, data privacy, and financial operations.
• Change Management
• Drive adoption of new systems and processes through training, communication, and support.
• Manage transitions and minimize disruptions to business operations.

Education

• Bachelor’s or master’s degree in business, Finance, IT, or related field.
• PMP, Prince2, or Agile certification preferred.
• Strong understanding of core banking architecture and payment systems.
• Experience with vendors like Finacle, TCS BaNCS, Temenos, or similar platforms.
• Excellent leadership, communication, and problem-solving skills.