Associate SRM Operations
National Payments Corporation of India
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Benefits offered by this job
Job summary
National Payments Corporation of India (NPCI) invites applications for a Settlement Risk Analyst role. The candidate will monitor and manage settlement-related risks, develop risk policies, and support governance across risk functions. The ideal candidate has 3–6 years in risk domains and experience with GRC tools, Power BI, SQL, and Python.
Collaborative, analytical professionals are encouraged to apply. The role emphasizes risk governance, data-driven decision making, and cross-functional
Qualifications
- Graduate or MBA with Finance/Risk Management or related field.
- 3–6 years in settlement risk, credit or liquidity risk, operational risk, or related areas.
- Experience with GRC tools, Power BI, SQL, Python, or similar tools is desirable.
Responsibilities
- Identify and monitor settlement-related risks across credit, liquidity, operational, concentration, and participant default risks.
- Monitor settlement exposures, risk limits, collateral adequacy, liquidity positions, breaches, and exceptions.
- Develop and maintain settlement risk policies, procedures, risk indicators, dashboards, and management reports.
- Support stress testing, scenario analysis, participant risk assessments, and default-management preparedness.
- Recommend controls and mitigation measures to reduce settlement risk.
- Provide oversight and challenge to the First Line of Defense.
Skills
Education
Tools
Job description
National Payments Corporation of India (NPCI) | Full Time
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 AboutNPCI
At NPCI, we foster a culture of Inclusion, Innovation, and a High- Performance Workplace .
The NPCIWAY isnotjustaframework - it’sasharedcommitmentbyevery individual to align with our evolving business needs, dynamic market conditions, and workforce expectations.
- ForwardThinkingMind-Set
- CustomerFirst
- LeadWith Purpose
- PassiontoDeliver
- AllSucceedTogether
Insurance&Wellness:
- ComprehensiveCoverage :Medical,accidental,andlifeinsurance.
- Employee Assistance Program : Onsite medical center, financial/legal counselling, mental wellness.
- AnnualWellnessBouquet :Holisticwellbeingsupport
- ParentalLeave :Inclusivematernityandpaternityleave.
- Nanny at home Support: Assistance for Working Parents
- MobilityBenefits :Relocation,transfers,andtravelsupport.
- HomeLoanInterestSupport :Upto50%reimbursement*
- MobileReimbursement :Newhandsetevery2years.
- CarLease,SalaryAdvance,SubsidizedMeals.
- Reward&RecognitionProgram.
- TechnologyInnovation: PatentsandIPRightspolicy.
- ProvidentFund(PF) and Gratuity Contributions .
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.
Number of Positions: 01
Qualification: Graduate or MBA, preferably in Finance, Risk Management, Banking, Economics, or DataAnalytics
Experience: 3 to 6 years
- Identify and monitor settlement-related credit, liquidity, operational, concentration, and participantdefault risks.
- Monitor settlement exposures, risk limits, collateral adequacy, liquidity positions, breaches, andexceptions.
- Develop and maintain settlement risk policies, procedures, risk indicators, dashboards, andmanagement reports.
- Support stress testing, scenario analysis, participant risk assessments, and default-managementpreparedness.
- Recommend appropriate controls and mitigation measures to reduce settlement risk.
- Provide oversight, review, and challenge to the First Line of Defense.
- Assist risk owners in identifying key risks, control gaps, and corrective action plans.
- Collaborate with internal teams and vendors on the implementation and enhancement of GRC andrisk-management tools.
- Analyze risk data to identify trends, anomalies, and emerging risks.
- Perform risk-governance activities and prepare updates for senior management and relevantcommittees.
- Support the enhancement and implementation of the Settlement Risk Management Framework inline with the organization’s Enterprise Risk Management Framework and risk appetite.
- Prepare and update risk policies, standards, process documents, operating procedures, riskregisters, assessment reports, and governance materials.
- Provide independent oversight, review, challenge, and advice to the First Line of Defense.
- Assist Principal Risk Owners and Principal Risk Coordinators in identifying key risks, assessingmitigating controls, and developing action plans to address control gaps.
- Undertake risk and control assessments and monitor the timely closure of agreed risk mitigationactions.
- Prepare dashboards, management reports, committee presentations, and risk insights for seniormanagement and relevant governance forums.
- Perform risk governance activities, including committee coordination, action tracking, issuemanagement, and maintenance of risk records.
- Promote risk awareness and contribute to initiatives aimed at strengthening the organization’s riskculture.
- Track relevant regulatory developments, industry trends, internal events, and external riskincidents, and assess their potential impact on clearing and settlement operations.
- 3 to 6 years of experience in settlement risk, credit or liquidity risk, operational risk, enterprise risk,compliance, or audit.
- Good understanding of payment, clearing, and settlement processes, along with relevant bankingregulations and risk-management practices.
- Experience in financial services, banking, payments, or financial market infrastructure is preferred.
- Ability to analyze settlement exposures, limits, breaches, and risk data, and translate findings intopractical recommendations.
- Experience with GRC tools, risk analytics, Advanced Excel, Power BI, SQL, Python, or similar toolsis desirable.
- Working knowledge of AI and its application in risk monitoring, anomaly detection, reporting, anddecision-making.
- Strong analytical, problem-solving, communication, documentation, and presentation skills.
- Proven ability to influence stakeholders, coordinate across teams, and manage multiple prioritiesin a dynamic environment.
- Sound judgment, attention to detail, and the ability to escape material risk issues promptly.
- Working knowledge of Artificial Intelligence, machine learning, and generative AI concepts.
- Understanding of AI applications in risk monitoring, anomaly detection, early-warning indicators,predictive analysis, and automated reporting.
- Awareness of AI-related risks such as data quality, bias, explainability, privacy, model risk, andinformation security.
- Ability to use AI responsibly, with appropriate human oversight and governance.
- Proactive, prompt, and responsive.
- Achievement-oriented and accountable.
- Energetic and enthusiastic.
- Self-motivated and able to work independently.
- Collaborative and stakeholder focused.
- Adaptable and comfortable working in a fast-paced environment.
- Strong sense of ownership and commitment to timely delivery.
- Demonstrates integrity, sound judgment, and a risk-aware mindset.
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