Product Manager Transit NCMC

National Payments Corporation of India (NPCI); Mumbai; On-site; INR 1,800,000 - 3,600,000; Full time

Job summary

National Payments Corporation of India (NPCI) in Mumbai seeks a Product Manager Transit with 5–8 years in product management, payments, FinTech, mobility or consulting.

You will own the Transit payment solution roadmap, identify market opportunities, and drive end-to-end lifecycle from concept to launch while coordinating with banks, AFC providers, operators, and technology teams for rollouts. Monitor performance and feedback to grow transaction volumes.

Qualifications

• Requires 5–8 years in product management or related FinTech domains.
• MBA or BE/B.Tech with relevant transit/payments experience.
• Strong knowledge of payments ecosystems and mobility solutions.

Responsibilities

• Own and drive the product roadmap for Transit payment solutions.
• Identify market opportunities and define product enhancements.
• Lead end-to-end product lifecycle from concept to launch.
• Collaborate with transit operators, banks, and AFC providers.
• Ensure timely deployment with technology, operations, risk and business teams.

Skills

Product Management

Lifecycle Management

Digital Payments

Transit Payments

Stakeholder Management

Data Analytics

Education

MBA

BE

B.Tech

Job description

Role & responsibilities

Role: Product Manager Transit
Location: Mumbai
Experience: 5 to 8 Years of experience in Product Management, Payments, FinTech, Mobility, Transit, or Consulting
Qualification: MBA / BE / B.Tech

Role Contour

• Own and drive the product roadmap for Transit payment solutions,
  including RuPay On-The-Go and related mobility payment products.
• Identify market opportunities, customer needs, and industry trends to
  define product enhancements and new solutions.
• Drive end-to-end product lifecycle management, from conceptualization and business case creation to launch and adoption.
• Collaborate with transit operators, banks, system integrators, AFC providers, and technology partners to expand product acceptance and usage.
• Ensure successful execution of product initiatives by coordinating with
  technology, certification, operations, risk, and business teams.
• Monitor product performance, business growth, and customer feedback to drive continuous improvements.

Key Accountabilities

• Develop and manage the Transit product roadmap aligned with business
  objectives and market requirements.
• Drive feature development, product enhancements, and innovation
  initiatives for Transit payment products.
• Work closely with banks, terminal vendors, AFC providers, card
  manufacturers, and payment ecosystem partners to enable product
  rollouts.
• Engage with certification, technology, and operations teams to ensure
  timely implementation and deployment of product features.
• Collaborate with transit operators to understand business challenges and provide appropriate payment and ticketing solutions.
• Identify and develop new use cases to enhance customer adoption and
  transaction volumes.
• Conduct market research and competitive benchmarking to identify product improvement opportunities.
• Prepare business cases, pricing models, and product propositions to
  support commercial growth.
• Track key product metrics, performance indicators, customer adoption, and revenue outcomes.
• Drive stakeholder engagement across internal and external ecosystems to ensure successful product delivery.
• Support business development teams in customer presentations, RFP
  responses, and solution discussions.
• Ensure compliance with regulatory, scheme, and operational requirements relevant to Transit products.

Skills & Competencies

1. 1.Product Management and Product Lifecycle Management
2. 2.Strong understanding of Digital Payments, Cards, and UPI Ecosystem
3. 3.Knowledge of Transit Payments, AFC Systems, NCMC, and Mobility Solutions
4. 4.Product Design, Innovation, and Solution Development
5. 5.Stakeholder and Ecosystem Management
6. 6.Business Analysis and Commercial Acumen
7. 7.Program and Project Management
8. 8.Data Analytics and Decision-Making Skills
9. 9.Problem Solving and Critical Thinking
10. 10.Effective Communication and Presentation Skills
11. 11.Customer-Centric Approach
12. 12.Cross-Functional Collaboration and Influencing Skills

Preferred Experience

• Experience in Payments, Cards, Transit, Mobility, FinTech, or Digital
  Commerce domains.
• Exposure to NCMC, Open Loop Transit Payments, EMV/RuPay Card
  Ecosystem, AFC Systems, or Public Transport Solutions.
• Experience in managing products involving multiple external stakeholders and technology integrations.
• Familiarity with certification processes, partner onboarding, and ecosystem enablement.