Senior Cluster Manager - Payments - Technology, Development, Corporate

Job Description

Payments - TechnologyPune Corporate Office - Mantri Posted On 18 Sep 2024 End Date 18 Sep 2025 Required Experience 8 - 9 Years BASIC SECTION Job Level GB05 Job Title Senior Cluster Manager - Payments - Technology, Development, Corporate Job Location Country India State MAHARASHTRA Region West City Pune Location Name Pune Corporate Office - Mantri Tier Tier 1 Skills SKILL SKILLS AS PER JD Minimum Qualification OTHERS JOB DESCRIPTION Job Purpose “This position is open with Bajaj Finance ltd.” BFL is building a Super App encompassing all its Products and Services. The Objective of the team is to deliver a nimble and cutting-edge experience for BFL Wallet and Bill Payment product. The individual/team would closely coordinate and work with multiple project stake holders- Product, NPCI, Service teams, and Operations functions. Duties and Responsibilities 3. PRINCIPAL ACCOUNTABILITIES (Accountabilities associated with the job) 1. Identification and on-boarding new partners  Conduct research on suitable partners for carrying out new technologies and engage with them to understand their functioning, capabilities, offerings  Identify whether RFP is required or not, if required, then create and roll out the RFPs, and conduct detailed conversations with partners & vendors for requirements understanding  Shortlist partners that meets BFL requirements based on evaluation criteria and conduct negotiations for commercials and staffing requirements  Once agreement is done & partner is on-boarded, handhold the operations team to take the development of technologies forward 2. Scouting for new technologies  Keep self abreast with business developments and seek for understanding of business requirements in terms of new technologies/ platforms  Conduct regular research on business challenges faced, scout for new technologies & developments in the market to resolve them and evaluate the applicability in BFL’s context 3. Research & setting up high volume and scalable architecture  Engage with relevant stakholders to seek support in planning & development of a high volume and scalable architecture for a payment product.  Create a high-level execution plan for development of a scalable architecture.  Oversee the implementation of execution plan within defined timelines and monitor overall activities of setting up the system architecture 4. Operational review  Allocate the assignments to team depending upon skills and capabilities; Conduct reviews on weekly basis to review performance, identify challenges faced and provide resolution support  Conduct reviews with the supervisor on monthly basis to present the progress of developments undertaken and provide overview of overall operations within team. 5. Team development  Participate in recruitment process to identify the right talent for various positions within the team  Establish individual goals for team members on quarterly/ annual basis and regularly review individual performance of the team  Offer development opportunities in terms of trainings, challenging assignments to the team members to enhance functional and technical knowledge 4. MAJOR CHALLENGES (Challenges faced on an on-going basis in carrying out the job)  Owing to the nature of business, getting professionally trained/ experienced talent with IT skills is critical to drive success of projects driven 5. DECISIONS (Key decisions taken by job holder at his/her end) Following decisions are taken by the role:  Decisions regarding RFP requirements  Shortlisting of vendor partners  Decision of new technologies/ platforms  Allocation of responsibilities within the team Evaluation and selection of partners based on partner capabilities is discussed with senior management 6. INTERACTIONS (Key working relationships a job holder Required Qualifications and Experience 8. SKILLS AND KNOWLEDGE (Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent) Educational Qualifications a) Qualifications  Graduation & MBA b) Work Experience  Minimum 10 years of experience in Online Payments domain is must.  Should have technological depth and fitment to culture  Experience in managing vendors, sales/ operations processes that vendors follow  Knowledge of latest technologies  Sound understanding of business processes