Associate NACH Settlement & Reconciliation

Location
Chennai
Workplace
On-site

About this role

Job Title: Senior Associate/Associate - NACH Settlement & Reconciliation Division: Offline Products Delivery & Technology Years of Experience: 2 to 8 years Education: BE/BTech  Location: Chennai

Requirements

Key Responsibilities

  • Execute smooth operation of settlement and reconciliation protocols for NACH & CTS products, ensuring accuracy and timeliness.
  • Collaborate with the technology team to address complex operational issues.
  • Identify opportunities for process automation and drive improvements in customer service.
  • Provide all-around support to banks, covering both online and offline assistance, to resolve operational issues and facilitate seamless onboarding.
  • Ensure compliance with regulatory requirements, internal SOP, resolving any issues related to NPCI operations in a timely manner.
  • Generate accurate and timely reports, including regular and ad-hoc reports, to inform business decision-making.
  • Sound knowledge of other NPCI products (IMPS, AePS etc)
  • The ability to work effectively under pressure and handle stressful situations.


AI Automation experience:

  • Generative AI Tools (Microsoft Copilot, ChatGPT)
  • Power Automate / AI Builder
  • Exposure to AI-driven automation tools for operational process optimization, reconciliation, exception handling, and reporting.


  • Key Skills and Experience Required
    • Strong understanding of NACH (National Automated Clearing House) and CTS (Cheque Truncation System) processes.
    • Familiarity with IMPS, AePS, and other NPCI offerings.
    • Knowledge of RBI guidelines, NPCI regulations, and internal SOPs.



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