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National Payments Corporation Of India (NPCI)

Associate NACH Settlement & Reconciliation

Posted 2 Months Ago
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In-Office
Chennai, Tamil Nadu, IND
Senior level
In-Office
Chennai, Tamil Nadu, IND
Senior level
Execute NACH and CTS settlement and reconciliation processes, ensuring accuracy, timeliness, regulatory compliance, and adherence to SOPs. Support banks with online and offline operational issues and onboarding, collaborate with technology teams, resolve NPCI-related problems, generate business reports, and identify automation opportunities using generative AI, Power Automate, and AI Builder. The role also requires familiarity with IMPS, AePS, RBI guidelines, and NPCI regulations.
The summary above was generated by AI
Job Title: Senior Associate/Associate - NACH Settlement & Reconciliation Division: Offline Products Delivery & Technology Years of Experience: 2 to 8 years Education: BE/BTech  Location: Chennai

Requirements
Key Responsibilities
  • Execute smooth operation of settlement and reconciliation protocols for NACH & CTS products, ensuring accuracy and timeliness.
  • Collaborate with the technology team to address complex operational issues.
  • Identify opportunities for process automation and drive improvements in customer service.
  • Provide all-around support to banks, covering both online and offline assistance, to resolve operational issues and facilitate seamless onboarding.
  • Ensure compliance with regulatory requirements, internal SOP, resolving any issues related to NPCI operations in a timely manner.
  • Generate accurate and timely reports, including regular and ad-hoc reports, to inform business decision-making.
  • Sound knowledge of other NPCI products (IMPS, AePS etc)
  • The ability to work effectively under pressure and handle stressful situations.

AI Automation experience:

  • Generative AI Tools (Microsoft Copilot, ChatGPT)
  • Power Automate / AI Builder
  • Exposure to AI-driven automation tools for operational process optimization, reconciliation, exception handling, and reporting.

  • Key Skills and Experience Required
    • Strong understanding of NACH (National Automated Clearing House) and CTS (Cheque Truncation System) processes.
    • Familiarity with IMPS, AePS, and other NPCI offerings.
    • Knowledge of RBI guidelines, NPCI regulations, and internal SOPs.


    National Payments Corporation Of India (NPCI) Chennai, Tamil Nadu, IND Office

    8th Level, VBC Solitaire,, 47 & 49 Bazullah Road, T. Nagar, Chennai, Tamil Nadu, India, 600 017,

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