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Cluster Manager - Payments - Technology/...

8-9 years

₹ 12 - 29.5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Pune

Cluster Manager - Payments - Technology/...

Bajaj Finance

posted 2d ago

Job Description

    

Job Purpose  
â"This position is open with Bajaj Finance ltd.â"
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
ï‚
  •  Conduct research on suitable partners for carrying out new technologies and engage with them to understand their functioning, capabilities, offerings
    ï‚
  •  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
    ï‚
  •  Shortlist partners that meets BFL requirements based on evaluation criteria and conduct negotiations for commercials and staffing requirements
    ï‚
  •  Once agreement is done & partner is on-boarded, handhold the operations team to take the development of technologies forward
    2. Scouting for new technologies
    ï‚
  •  Keep self abreast with business developments and seek for understanding of business requirements in terms of new technologies/ platforms
    ï‚
  •  Conduct regular research on business challenges faced, scout for new technologies & developments in the market to resolve them and evaluate the applicability in BFLs context
    3. Research & setting up high volume and scalable architecture
    ï‚
  •  Engage with relevant stakholders to seek support in planning & development of a high volume and scalable architecture for a payment product.
    ï‚
  •  Create a high-level execution plan for development of a scalable architecture.
    ï‚
  •  Oversee the implementation of execution plan within defined timelines and monitor overall activities of setting up the system architecture
    4. Operational review
    ï‚
  •  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
    ï‚
  •  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
    ï‚
  •  Participate in recruitment process to identify the right talent for various positions within the team
    ï‚
  •  Establish individual goals for team members on quarterly/ annual basis and regularly review individual performance of the team
    ï‚
  •  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)

    ï‚
  •  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:
    ï‚
  •  Decisions regarding RFP requirements
    ï‚
  •  Shortlisting of vendor partners
    ï‚
  •  Decision of new technologies/ platforms
    ï‚
  •  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
    ï‚
  •  Graduation & MBA
    b) Work Experience
    ï‚
  •  Minimum 10 years of experience in Online Payments domain is must.
    ï‚
  •  Should have technological depth and fitment to culture
    ï‚
  •  Experience in managing vendors, sales/ operations processes that vendors follow
    ï‚
  •  Knowledge of latest technologies
    ï‚
  •  Sound understanding of business processes    

  • Employment Type: Full Time, Permanent

    Read full job description

    Bajaj Finance Interview Questions & Tips

    Prepare for Bajaj Finance Cluster Manager roles with real interview advice

    Top Bajaj Finance Cluster Manager Interview Questions

    Q1. How to collect default customer. How to trace customer shifted given address
    Q2. Could you plz give a demo of how to sell mobile phn at dealers point.
    Q3. If customer is in NPA category then what percentage waiver we will give him in settlement
    View all 96 questions

    What people at Bajaj Finance are saying

    4.0
     Rating based on 49 Cluster Manager reviews

    Likes

    Company incentives, periodic promotions

    • Salary - Good
    • +2 more
    Dislikes

    6 days work culture, too much of micro management, compulsory work from location, lack of flexibility

    • Company culture - Poor
    • +1 more
    Read 49 Cluster Manager reviews

    Cluster Manager salary at Bajaj Finance

    reported by 302 employees with 5-14 years exp.
    ₹8.7 L/yr - ₹29.5 L/yr
    111% more than the average Cluster Manager Salary in India
    View more details

    What Bajaj Finance employees are saying about work life

    based on 6.7k employees
    53%
    72%
    52%
    97%
    Flexible timing
    Monday to Saturday
    Within city
    Day Shift
    View more insights

    Bajaj Finance Benefits

    Job Training
    Health Insurance
    Soft Skill Training
    Work From Home
    Free Transport
    Team Outings +6 more
    View more benefits

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