Senior Manager - Banking Operations (Mumbai)

Osfin; Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Benefits offered by this job

Competitive salary

Exposure to top banks

Fintech SaaS environment

Professional growth

Job summary

Osfin.ai in Mumbai seeks a Senior Manager - Bank Operations to lead reconciliation and settlement across multiple banks, driving automation and operational excellence.

You will manage on-site and remote engagements, mentor a team, and ensure compliance with controls and regulatory requirements. This is a high-impact role in a rapidly growing fintech SaaS company.

Qualifications

• 8-12 years of progressive experience in banking operations, with exposure to cards, digital payments, settlements and dispute reconciliation.

Responsibilities

• Manage end-to-end banking operations across multiple banks, including reconciliation, settlement and dispute/chargeback management.
• Track daily operational activities and SLA/TAT adherence across all banks, identifying deviations and breaches.
• Serve as a point of contact for on-site and remote bank operations engagements, coordinating with partners and internal teams.
• Manage stakeholder relationships, ensuring timely issue resolution and escalation handling.
• Supervise and mentor reconciliation and automation specialists, driving performance and quality.
• Drive reconciliation automation initiatives and identify process optimization opportunities.
• Ensure adherence to internal controls, audit requirements and regulatory guidelines.
• Prepare and review MIS/reports on reconciliation status, SLA performance and exception trends for leadership and clients.
• Support audits and internal control assessments related to banking operations.

Skills

Banking operations

Team leadership

SLA governance

Reconcilation and settlement

Automation

Stakeholder management

Problem solving

Tools

Finacle

Flexcube

CCRS

DCRS

URGCS

IRGCS

MasterCard Connect

VROL

DMS

Job description

Senior Manager - Banking Operations (Mumbai)

Full-Time

Osfin.ai is building cutting-edge solutions to help firms streamline and automate their financial operations leading organisations across industries.

Founded by IIT Kanpur alumni with deep experience in product development and management consulting, Osfin.ai is on a strong 10X growth journey. We are a rapidly growing global team with offices across India and the US, working closely with top banks and large enterprises.

Role Overview

We are looking for a Senior Manager - Bank Operations to lead and scale reconciliation and settlement operations for our banking clients. This role combines deep banking operations expertise with hands-on exposure to automation, stakeholder management, and team leadership. You will work closely with banks, internal product teams, and implementation specialists to ensure operational excellence and successful transformation outcomes.

Key Responsibilities

• Manage end-to-end banking operations across multiple banks, covering reconciliation, settlement, and dispute/chargeback management
• Track daily operational activities and SLA/TAT adherence across all assigned banks, proactively identifying and resolving deviations or breaches
• Act as a key point of contact for on-site and remote bank operations engagements, coordinating across multiple banking partners and internal teams
• Manage relationships with various client stakeholders, ensuring clear communication, timely issue resolution, and escalation management
• Supervise and mentor a team of reconciliation and automation specialists, driving performance, capability building, and quality of output
• Drive reconciliation automation initiatives, including troubleshooting exceptions and identifying opportunities for process optimization
• Ensure adherence to internal controls, audit requirements, and regulatory guidelines
• Prepare and review daily, weekly, and monthly MIS/reports on reconciliation status, SLA performance, and exception trends for leadership and clients
• Support audits, compliance reviews, and internal control assessments related to banking operations

What We Are Looking For

• 8-12 years of progressive experience in banking operations, with strong exposure across cards, digital payments, settlements, and dispute/chargeback reconciliation
• Proven experience managing large-scale multiple operations teams in banking reconciliation, with direct accountability for team performance, quality, and SLA delivery
• Strong analytical, troubleshooting, and problem-solving skills, with the ability to diagnose root causes of recon breaks and drive resolution
• Demonstrated ability to manage 5-6 banking relationships simultaneously across different locations/geographies, ensuring consistent SLA delivery and operational standards across all sites
• Track record of team leadership, quality ownership, and execution excellence, with experience mentoring and developing recon/operations specialists
• Working knowledge of core banking and card/payment systems (e.g., Finacle, Flexcube, CCRS, DCRS, URGCS, IRGCS, MasterCard Connect, VROL, DMS or similar)
• Solid grounding in SLA governance, operational controls, and regulatory/compliance requirements applicable to banking operations

Work Locations

What We Offer

• Competitive salary and benefits
• Opportunity to work closely with top banks and large enterprises
• High-impact role in a fast-growing fintech SaaS company
• Professional growth and learning with experienced industry leaders Exposure to cutting-edge financial operations automation