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
Our Culture
TheNPCIWAY –OurGuidingPrinciples
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.
FiveTenetsoftheNPCIWAY
- ForwardThinkingMind-Set
- CustomerFirst
- LeadWith Purpose
- PassiontoDeliver
- AllSucceedTogether
Employee Perks and Benefits
Insurance&Wellness:
- ComprehensiveCoverage :Medical,accidental,andlifeinsurance.
- Employee Assistance Program : Onsite medical center, financial/legal counselling, mental wellness.
- AnnualWellnessBouquet :Holisticwellbeingsupport
Family &Childcare:
- ParentalLeave :Inclusivematernityandpaternityleave.
- Nanny at home Support: Assistance for Working Parents
Mobility&Lifestyle:
- MobilityBenefits :Relocation,transfers,andtravelsupport.
- HomeLoanInterestSupport :Upto50%reimbursement*
- MobileReimbursement :Newhandsetevery2years.
- CarLease,SalaryAdvance,SubsidizedMeals.
- Reward&RecognitionProgram.
- TechnologyInnovation: PatentsandIPRightspolicy.
RetirementPlanning:
- ProvidentFund(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.
You will be part of NPCI's Market Innovation & AI Engineering team, driving the development of next-generation Machine Learning and Deep Learning systems powering India's largest digital payments ecosystem.
This role focuses on solving large-scale real-world problems using advanced Machine Learning, Statistical Modeling, Deep Learning, Graph Analytics, and Distributed AI Systems. You will be responsible for designing, building, and scaling production-grade AI platforms that process billions of transactions while maintaining high standards of latency, reliability, explainability, and operational excellence.
The role offers a unique opportunity to work on:
- Large Scale Anomaly Detection Systems
- Graph-based Network Analytics
- GPU Accelerated AI Workloads
You will collaborate closely with engineering teams, data platform teams, domain experts, and leading academic institutions to build cutting-edge AI solutions for large-scale financial ecosystems.
Job Title
Lead Data Scientist
Division Market Innovation
Experience 6-10 Years
Education B.Tech / M.Tech / MSc / MCA in Computer Science, AI, Data Science, Statistics, Mathematics or related fields
Employment Type Full Time
Location Hyderabad, Mumbai
Role Type Permanent
Key Responsibilities
Machine Learning & Advanced Modeling
- Design, develop, and deploy advanced Machine Learning solutions using supervised and unsupervised learning techniques.
- Build and optimize predictive models for fraud detection, anomaly detection, transaction intelligence, risk scoring, and behavioral analytics.
- Develop robust feature engineering frameworks for large-scale transactional datasets.
- Design custom evaluation methodologies and business-aligned performance metrics.
- Build explainable and interpretable AI systems for regulated environments.
- Develop Deep Learning models utilizing Neural Networks, CNNs, RNNs, LSTMs, Autoencoders, Transformers, and Representation Learning techniques.
- Optimize model architectures for production deployment and inference efficiency.
- Design custom loss functions and optimization strategies for imbalanced datasets and complex business problems.
Production AI & MLOps
- Design and implement scalable ML deployment pipelines.
- Productionize Machine Learning models using containerized infrastructure.
- Develop automated CI/CD workflows for model deployment and version management.
- Implement model monitoring, drift detection, performance tracking, and rollback mechanisms.
- Build high-throughput, low-latency inference platforms capable of supporting large transaction volumes.
- Design feature engineering and feature serving architectures for real-time prediction use cases.
- Collaborate with platform teams to optimize compute, storage, and data access layers.
Distributed AI Systems
- Develop machine learning workflows for large-scale datasets utilizing distributed computing frameworks.
- Build scalable data processing pipelines capable of handling billions of events and transactions.
- Optimize training and inference workloads across multi-node environments.
- Evaluate emerging techniques in Machine Learning and Deep Learning.
- Contribute to innovative solutions, intellectual property creation, technical whitepapers, and research publications.
- Collaborate with academic partners and industry experts on advanced AI initiatives.
Requirements
Required Technical Skills
Core Machine Learning
Strong understanding of:
- Supervised Learning
- Unsupervised Learning
- Statistical Learning
- Reinforcement Learning Fundamentals
- Anomaly Detection
- Time Series Forecasting
Mathematics & Statistics
- Probability Theory
- Inferential Statistics
- Hypothesis Testing
- Bayesian Statistics
- Calculus for Machine Learning
- CNN
- RNN
- LSTM
- GRU
- Transformers
- Python
- NumPy
- Scikit-Learn
- SQL
- PySpark
- PyTorch
- TensorFlow
Production AI & MLOps
- MLOps
- MLflow
- Feature Store Concepts
Containerization & Orchestration
Distributed Processing
- Distributed Training Frameworks
- Parallel Data Processing Systems
System Design
- Distributed Systems Design
- Performance Engineering
- Reliability Engineering
- Observability & Monitoring
Good to Have Skills and Experience Required
Advanced AI Infrastructure
- GPU Computing
- CUDA
- NVIDIA RAPIDS
- TensorRT
- Distributed GPU Training
- Hadoop
- Kafka
- Flink
- Trino
- MinIO
- GitHub Actions
- Jenkins
- ArgoCD
Advanced Analytics
- Graph Analytics
- Network Analysis
- Entity Resolution
- Publications in IEEE, ACM or reputed AI/ML conferences
- Patent filings or innovation contributions
- Experience designing custom loss functions and optimization algorithms
- Experience solving large-scale real-world AI problems