Published On : Thu, May 1st, 2014

Associate Vice President, Enterprise Risk Management – National Payments Corporation of India


Job Description :

This position will lead the Risk management vertical and report into the Head of Risk and Audit. The incumbent will lead 10 + members team including senior managers managing individual risk management practices.

Key Responsibilities :

  • Provide oversight and direction to the vertical leads of Enterprise Risk Management, Operational Risk and Technology Risk Management.
  • Provide directions to the Enterprise Risk Management cell for establishment of the ERM Framework for NPCI and setting up of the organization wide risk appetite
  • Provide directions to the Fraud Monitoring Cell and liase with member banks for establishing the fraud monitoring practise at a network level
  • Settlement risk monitoring; development of stress-testing mechanism for payment systems
  • Technology risk vertical oversight

Qualifications/ Experience:

  • Postgraduate degree or professional degree holder.
  • Overall post qualification experience of a minimum of 12-15 years and 7+ years’ experience in relevant area of risk management and fraud applications especially in payments space
  • Established track record for leading large and senior team of risk managers.

Technical Knowledge and Skills:

  • Knowledge of industry standard for risk management
  • Sound understanding on Payments system business
  • Experience of at least 7+ years in the risk management of leading bank or solution provider in an over all experience of 12-15 years


  • Articulate & Good Communication and Excellent relationship Building skills
  • Good understanding of Banking, Payment instruments, Issues and concerns and practices followed in different countries for risk management – either by implementation experience or by reading relevant literatures.
  • Process oriented and good awareness of card security related aspects.
  • Ability to manage teams, work under pressure and result oriented.
  • Innovative solution provider, capable of articulating new ideas and changes and getting them implemented in quick time.


  • The eligibility criteria can be relaxed for the candidates with strong domain knowledge and experience on the payment (Cards) space.
  • Closing date is 7th May 2017

Eligible candidates are encouraged to apply here.


*Please mention you saw the job advertised on Nagpur Today


** Job subject to availability