Lead – Operations

Andpayments; Dadri; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

AndPayments is seeking a dynamic Lead – Operations to scale our fintech platform in India. You will oversee Payment, Merchant, Customer, Escrow & Banking, and Business Operations, leading a 5–6 person team in a fast‑paced startup.

You will own the end‑to‑end processing lifecycle, onboarding with KYC/KYB, RBI PA guidelines, and build dashboards to monitor accuracy and SLAs. You’ll coordinate across technology, product, finance, and legal to launch new products and ensure regulatory compliance.

Qualifications

• Bachelor’s or Master’s in Business/Finance; MBA is a plus.
• 6–9 years in fintech/payments/ops with 2–3 years leading a team.
• Experience at a payment aggregator/gateway/wallet or RBI‑regulated fintech.
• Strong knowledge of RBI PA/PPI, KYC/KYB, NPCI products (UPI, IMPS, NACH).

Responsibilities

• Oversee the payment processing lifecycle—transactions, settlements, reconciliation, refunds, chargebacks, disputes.
• Lead merchant onboarding with due diligence, KYC/KYB, risk profiling and activation in RBI PA guidelines.
• Drive operational efficiency across payment flows and implement process improvements with automation.
• Build and maintain dashboards for transaction success rates, settlements, and SLA adherence.
• Manage escrow accounts, banking relationships, and regulatory reporting.
• Coordinate cross‑functionally with tech, product, finance, legal and risk for launches and audits.

Skills

Leadership

Stakeholder management

Process design

Dashboards

Regulatory compliance

Cross-functional alignment

Education

MBA

Bachelor’s or Master’s in Business Administration/Finance

Tools

Freshdesk

Zendesk

ERP systems

Job description

AndPayments is building the next‑generation payments stack for Indian businesses, and for businesses globally that need India‑grade payments infrastructure. We operate across Payments, RegTech, B2B SaaS and Prepaid Instruments. These are not separate bets. They are a deliberate stack: compliance infrastructure that enables payment products that enable financial instruments, all built together rather than bolted together.

We move fast because we have to. We care deeply about compliance because we build on regulated infrastructure, and because we believe compliance done right is a competitive moat, not just a cost of doing business. We use AI as a primary operating layer, not as a productivity add‑on. If you want to spend the next few years building something that will define how Indian businesses transact, and eventually how businesses transact globally, this is where you should be.

About the role

We are looking for a dynamic and execution‑focused Lead – Operations to drive the core operational engine of our fintech business as we scale and pursue Payment Aggregator (PA) and Prepaid Payment Instruments (PPI). This is a high‑impact leadership role where you will oversee a team of 5–6 professionals spanning Payment Operations, Merchant Operations, Customer Operations & Support (L2), Escrow & Banking Operations, and Business Operations Support. The ideal candidate combines deep fintech operations expertise with the ability to build scalable processes, manage cross‑functional teams, and ensure seamless day‑to‑day operations in a fast‑moving startup environment.

What you’ll do

• Oversee the payment processing lifecycle—transaction monitoring, settlements, reconciliation, refunds, chargebacks, and dispute resolution—ensuring accuracy and SLA adherence.
• Manage the merchant onboarding process including due diligence, KYC/KYB checks, risk profiling, and activation, ensuring compliance with RBI PA guidelines.
• Drive operational efficiency across payment flows by identifying bottlenecks, implementing process improvements, and leveraging automation wherever possible.
• Maintain robust monitoring dashboards for transaction success rates, failure analysis, and settlement cycles; escape anomalies proactively.

Escrow & Banking Operations

• Oversee the management of escrow accounts as mandated by RBI for PA operations, ensuring funds are held, reconciled, and released in strict compliance with regulatory timelines.
• Manage relationships with nodal and escrow banks, coordinate for account setups, limit enhancements, and resolve banking escalations.
• Ensure daily reconciliation of escrow positions, settlement payouts, and float management with zero tolerance for discrepancies.
• Regulatory financial reporting.

Customer Operations & Support

• Own the customer support function (L2 and above), establishing SOPs, escalation matrices, and quality benchmarks for efficient grievance redressal.
• Ensure the customer grievance redressal mechanism complies with RBI’s requirements, including turnaround times and escalation to the RBI Ombudsman where applicable.
• Track and analyse support trends, CSAT scores, and dispute rates to feed insights back into product and operations teams.

Business Operations Support & Cross‑Functional Coordination

• Act as the central coordinator between technology, product, finance, legal, and business teams to ensure operational readiness for new product launches, integrations, and regulatory changes.
• Define and maintain operational playbooks, process documentation, and standard operating procedures across all functions under purview.
• Support internal and external audits by preparing required operational documentation and coordinating cross‑team responses.
• Lead, mentor, and develop a team of 5–6 professionals across all operational sub‑functions, setting clear KRAs, OKRs, and performance benchmarks.
• Build a culture of operational excellence, continuous improvement, and accountability within the team.
• Recruit and onboard talent as the team scales in line with business growth and regulatory requirements.

What we’re looking for

• Bachelor’s or Master’s degree in Business Administration, Finance, or a related field; MBA or professional certifications are a plus.
• 6–9 years of progressive experience in fintech, payments, or banking operations, with at least 2–3 years managing a team.
• Hands‑on experience at a payment aggregator, payment gateway, wallet company, or RBI‑regulated fintech is strongly preferred.
• Working knowledge of RBI PA/PPI frameworks, KYC/KYB requirements, and NPCI products (UPI, IMPS, NACH) sufficient to run compliant operations—without needing to own the compliance function.
• Proven experience managing escrow accounts, nodal bank relationships, and end‑to‑end payment settlement operations.
• Strong process orientation with the ability to design SOPs, build dashboards, and drive operational metrics.
• Excellent problem‑solving and stakeholder management skills; comfortable working across technology, product, finance, and business teams.
• Strong written and verbal communication skills for internal reporting and external partner management.
• High ownership mindset, attention to detail, and the resilience to operate in a fast‑paced startup environment.

Nice to have

• Prior experience at a payment aggregator or payment gateway that was live and processing transactions at scale.
• Familiarity with payment reconciliation tools, CRM platforms, and helpdesk software (e.g. Freshdesk, Zendesk).
• Exposure to merchant risk management, fraud monitoring tools, or chargeback management processes.
• Experience building operations from scratch at an early‑stage or Series A fintech startup.
• Understanding of NACH mandates, e‑NACH, and recurring payment operations.