NP

Senior Associate Product Design (NIPL)

Moves you to
India
Support
Relocation support
Posted
Sep 24, 2026
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About Us


The National Payments Corporation of India (NPCI) is a pivotal institution in India's digital payments ecosystem, established by the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA). It operates under the Payment and Settlement Systems Act, 2007, and is incorporated as a “Not for Profit” company under Section 25 of the Companies Act 1956 (now Section 8 of the Companies Act 2013). NPCI is dedicated to building world-class digital payment infrastructure through innovative and efficient retail payment platforms. As an Equal Opportunity Employer, NPCI is committed to fostering an inclusive workplace culture, with zero tolerance for discrimination based on race, ethnicity, disability, gender identity, or sexual orientation, including support for the LGBTQ+ community.

To learn more about our company please click on link About NPCI

Our Culture

The NPCI WAY – Our Guiding Principles

At NPCI, we foster a culture of Inclusion, Innovation, and a High- Performance Workplace.

The NPCI WAY is not just a framework - it’s a shared commitment by every individual to align with our evolving business needs, dynamic market conditions, and workforce expectations.

Five Tenets of the NPCI WAY
  • Forward Thinking Mind-Set
  • Customer First
  • Lead With Purpose
  • Passion to Deliver
  • All Succeed Together

Employee Perks and Benefits

Insurance & Wellness:
  • Comprehensive Coverage: Medical, accidental, and life insurance.
  • Employee Assistance Program: Onsite medical center, financial/legal counselling, mental wellness.
  • Annual Wellness Bouquet: Holistic wellbeing support

Family & Childcare:
  • Parental Leave: Inclusive maternity and paternity leave.
  • Nanny at home Support: Assistance for Working Parents

Mobility & Lifestyle:
  • Mobility Benefits: Relocation, transfers, and travel support.
  • Home Loan Interest Support: Up to 50% reimbursement*
  • Mobile Reimbursement: New handset every 2 years.
  • Car Lease, Salary Advance, Subsidized Meals.

Career & Recognition:
  • Education Partnerships: Upskilling via top institutions.
  • Reward & Recognition Program.
  • Technology Innovation: Patents and IP Rights policy.

Retirement Planning:
  • Provident Fund (PF) and Gratuity Contributions.

Why Join Us

At NPCI, you’ll be part of a purpose-driven organization shaping the future of digital payments in India and beyond. NPCI offers a unique opportunity to work on cutting-edge projects that directly impact millions. We foster a culture of innovation, inclusion, and high performance, where every individual is empowered to lead with purpose and deliver with passion. With a strong focus on employee wellbeing, continuous learning, and collaborative success, NPCI is more than just a workplace - it’s a platform to grow, contribute, and make a meaningful difference.


Job Description

Product Development  Draft and closure of complex, win-win partner agreements  Manage the day-to-day relationships with internal & external partners  Ensure standardizations of processes, documentation and creating product value proposition.  Product Design and Customization to cater to diverse markets  Product Portfolio Management –identifying areas of improvement, Ownership for driving overall product P&L and optimization of the P&L by controlling costs and improving product margin. Analysis/Insights  Research and Assessment on country specific Retail Payments Industry  Competitor Profiling -assessment of the strengths and weaknesses of current and potential competitors.  Develop business cases, taking into strategy, financial & business analysis and synergies  Identify need for, procure and manage outside knowledge on as needed basis  Obtaining necessary Regulatory and Board approvals  Assist in drafting of Operating Rules and Regulations for upcoming Network arrangements in respective geography  Setting up SLA’s between internal stakeholders with respect to various aspects of the product.  Interdepartmental liasoning of Risk & Compliance, Central Operations, Channel and Business teams for driving product efficiently Key skills and experience required  A self-starter with an ability to zoom-in to work in the details & manage at a high level simultaneously  Energetic, flexible, collaborative and proactive About NIPL NIPL is building huge acceptance network for RuPay and UPI which will help Indian travelers pay with these payment channels in destination country of travel. With the evolution and growth of NIPL network, any Indian travelling to any country across the globe will be able to use our products. NPCI - Group is an Equal Opportunity Employer. At NPCI -Group, we are committed to fostering an inclusive workplace and have zero tolerance for any form of discrimination based on race, ethnicity, disability, gender identity, and the LGBTQ+ Community. To learn more about our company please click on below link About NIPL Our Culture The "NPCI WAY’ - Our Guiding Principles is enable to foster a culture of Inclusion, Innovation, and High-performance workplace. It reflects our commitment to evolving business needs, dynamic market conditions, and workforce expectations by leveraging our strengths. Five Tenets of NPCI WAY is more than a set of principles; but it’s a commitment of every individual. 1) Forward Thinking Mind-Set 2) Customer First 3) Lead With Purpose 4) Passion to Deliver 5) All Succeed together Employee Perks and Benefits  Insurance Benefits: Comprehensive coverage including medical, accidental, and life insurance  Employee Assistance Program : onsite medical centre, financial and legal counselling, mental wellness  Parental & Childcare Support: Benefit from daycare support and comprehensive parental leave for both maternity and paternity journeys.  Mobility Benefits: Support for relocation, transfers, and travel policies.  Home Loan Interest Support: Receive up to 50% interest reimbursement to make home ownership more affordable.  Mobile Reimbursement: Get a new mobile handset reimbursement every 2 years.  Retirement Benefits: Contributions to Provident Fund (PF), Gratuity  Education Partnerships: Access prestigious education programs to enhance your skills and industry knowledge through collaborations with renowned academic institutions.  Reward and Recognition Program  Employee Innovation- Patents and IP Rights* Policy  Other Benefits: car lease*, salary advance policy and subsidized meals. Why Join Us You embark on a journey to create meaningful impact in the fast-paced world of digital payments. We offer a platform to work on cutting-edge projects, giving you the opportunity to see your contributions shape the future of payments on a global scale. Life at NPCI NPCI news The opportunity You will be responsible for the planning and implementing strategies for UPI globally for NIPL. You will also support the Head of Product Management in identifying, investigating and assessing growth opportunities for NIPL relating to product development. Technical, functional or operational expertise relating to payments domain will be an added advantage. Job details  Job Title: Lead/Senior Associate/ Associate - Product Design  Years of Experience : 2+  Education : Graduation/ Post Graduation  Full-time  Location :Mumbai  Permanent Role Key responsibilities Product Development  Draft and closure of complex, win-win partner agreements  Manage the day-to-day relationships with internal & external partners  Ensure standardizations of processes, documentation and creating product value proposition.  Product Design and Customization to cater to diverse markets  Product Portfolio Management –identifying areas of improvement, Ownership for driving overall product P&L and optimization of the P&L by controlling costs and improving product margin. Analysis/Insights  Research and Assessment on country specific Retail Payments Industry  Competitor Profiling -assessment of the strengths and weaknesses of current and potential competitors.  Develop business cases, taking into strategy, financial & business analysis and synergies  Identify need for, procure and manage outside knowledge on as needed basis  Obtaining necessary Regulatory and Board approvals  Assist in drafting of Operating Rules and Regulations for upcoming Network arrangements in respective geography  Setting up SLA’s between internal stakeholders with respect to various aspects of the product.  Interdepartmental liasoning of Risk & Compliance, Central Operations, Channel and Business teams for driving product efficiently Key skills and experience required  A self-starter with an ability to zoom-in to work in the details & manage at a high level simultaneously  Energetic, flexible, collaborative and proactive  A creative problem solver, with excellent analytical, judgment, negotiation & conflict resolution skills  Proven track record of translating strategic thinking into action plans and results  Strong leadership, communication, decision making and networking skill to build relationship with internal as well as with external stakeholders  Eager to drive results: target oriented with sense of urgency

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