| 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 |
