Head Of Payments & Digital Engineering
Apply for this position
All fields marked * are required
As Discussed: Job Opening for Head of Payments & Digital Engineering || AU Bank ||Mumbai
Hi,
Hope you are doing good!!
This has reference to an excellent job opening Head of Payments & Digital Engineering with one of our client AU Bank. I am appending here under the details of our client – AU Bank. Please go through the company profile and let us know if you are interested.
Website
About AU Bank
AU is a dream that was started 25 years ago by Mr. Sanjay Agarwal, a first-generation entrepreneur .Founded in Jaipur in 1996 as Au Financiers, a non-deposit taking Non-Banking Finance Company (NBFC), it effectively worked on funding economic growth, especially for the under-served and unserved low & middle-class individuals. For over two decades we provided secured funding to customers largely in Vehicle Loan, Business Loan and Housing Loan segments while organically spreading our geographical presence.
AU Bank Technology Team
· Technology, which covers Application Development and Management, DevOps, Support, Testing, Digital and Data Analytics, Oracle Cloud, Robotics and Infrastructure Services.
· Operations, which covers Business Processing and Client Care Centre (CCC i.e. voice services) support;
Over the years, SUIT has evolved from a pure delivery center to a capability unit, providing significant contributions to parent businesses. Our technology service bouquet includes Business Analysis, Project Management, Development, Testing, Application Operations, and Infrastructure Management to various AU Bank businesses across verticals. We have also been leading from front the transformation journey for AU Bank on Data, Digital and Cloud technologies.
The AU Bank Technology Team is structured in multiple verticals. One of the verticals is Cards and Payment.
AU Bank Cards and Payment
Responsible for the managing and innovate digitally enabled life cycle of Credit Cards, Debit Cards, ATM, Prepaid Cards, FasTag, Digital Transaction Risk Monitoring
Company size
10,001+ employees
Headquarters
JAIPUR, RAJASTHAN
Founded
2017
Working Days
5.5 Days (Alternate Saturdays will be working)
Specialties
Financial Services, Car Loan, Commercial Vehicle Loan, MSME Loan, Construction Finance, SME Loan, Secured Business Loan, Bank, Retail Bank, Saving Accounts, Current Accounts, Term Deposits, Fixed Deposits, Gold Loan, and Agri Business Loans
Job Details:
Position : Head of Payments & Digital Engineering
Experience : 18 Yrs
Location: Mumbai(BKC, Mumbai); 5.5 Days WFO
Reports to: CIO
We are looking for a visionary Head of Payments to lead the transformation of our digital transaction ecosystem. You will be responsible for the strategic vision, product roadmap, and technological resilience of the bank's entire payment suite also will own the roadmap for high-scale retail and enterprise payment products, including UPI, IMPS, BBPS, Fastag, Cross-Border Remittances, and API Banking. Your goal is to build a "Zero-Failure" architecture. You will lead a lean, elite engineering squad to build a modular, hyper-scalable payment engine that outperforms traditional banks in speed, cost, and reliability. Your mission is to ensure that every "Pay" click is successful, secure, and instant, while driving the bank’s market share in the digital economy
Key Responsibilities
1. Product Strategic Engineering Leadership
· The India Stack: Drive market leadership in UPI, IMPS, BBPS, and AEPS.
· New Horizons: Strategize and implement emerging technologies like CBDC (Digital Rupee), Credit on UPI, and Cross-border Remittances
Define the long-term technology strategy for the bank’s payment platforms.
Lead the modernization of legacy Core Banking (CBS) interfaces into API-first, microservices-based architectures.
Spearhead international expansion for UPI and cross-border remittance models.
2. High-Scale Platform Ownership
Own the end-to-end delivery of high-TPS (Transaction Per Second) systems.
Drive "Zero DB Dependency" and low-latency processing to achieve sub-second SLAs.
Manage large-scale integrations with Big Tech players (Google Pay, Amazon Pay, WhatsApp Pay) and 500+ merchant ecosystems.
3. Engineering & Operational Excellence
Resilience: Target "Zero-Downtime" architecture. Manage high-concurrency traffic during peak windows (e.g., salary days, festive sales).
Modernization: Transition from legacy monolithic payment switches to API-first, Cloud-native microservices.
Fraud & Risk: Oversee real-time fraud monitoring systems (FRM) to protect customers from cyber-threats and social engineering scams.
4. Regulatory & Ecosystem Alignment
Act as the primary technical liaison with NPCI, RBI, and MeitY on payment-related mandates..
Ensure 100% compliance with PCI-DSS, data localization, and security protocols (WAF, Tokenization).
Stay ahead of regulatory shifts in the Indian FinTech landscape.
5. Team & Culture Building
Lead a multi-site engineering organization of 100+ developers and architects.
Foster a culture of SRE (Site Reliability Engineering) and automated DevOps.
Mentor the next generation of Fintech leaders in Java, Kafka, and Cloud-native tech.
Technical & Professional Requirements
Banking Domain: Extensive experience in Core Banking (e.g., Finacle) and API Banking middleware
Payment Mastery: Deep expertise in the Indian Stack: UPI, IMPS, BBPS, NEFT, RTGS, and Digital Wallets.
Domain Expertise: Mastery of ISO 20022 messaging standards, Swift, and NeFT/RTGS settlement cycles.
Architectural Depth: Proven experience in Java, Spring, Kafka, Redis, and Cassandra for high-availability systems.
Infrastructure: Expertise in Azure/AWS and Hybrid-Cloud orchestration with Active-Active-Active multi-site setups.
Track Record: Must have experience managing platforms with 80M+ daily transactions or similar global scale.
Technology Foundation: High-level understanding of Java-based stacks, Kafka for event streaming, and NoSQL databases for ledgering.
Strategic Thinking: Ability to pivot from a "Utility provider" mindset to an "Experience provider" mindset.
Stakeholder Management: Proven ability to influence Board-level decisions and lead large cross-functional teams (25-50 people).
Education:
BE/B.Tech and/or MBA from a Tier-1 institute.
Track Record: Must have led a payment transformation project in a mid-to-large Indian bank or a top-tier Fintech.
Why join us
Scale: Influence the financial lives of millions of Indian consumers.
Innovation: Work on "First-in-Market" features like UPI-Global and CBDC integrations.
Autonomy: Full ownership of the tech stack and engineering budget.
Required
Preferred