• Cluster Business Leader : Merchant Acquiring Business Jobs in Lucknow,India


Job Description:

Key Accountabilities

New Business Development & Liability Generation

To ensure incremental liability generation by helping the BANK acquire POS linked Current Accounts
Devising new Merchant Acquiring programs to suit business requirements of different YBL business segments
To assist the Channel/ Sales team in sourcing incremental Merchant Accounts by designing contests, launching promos, process/ product innovation,etc

Sustained Revenue generation To ensure that the Bank earns a healthy AMB income on all POS linked Current Accounts Focus on increasing the transaction revenue to the Bank

Risk Management

Ensuring detailed Product documentation adhering to RBI guidelines and internal policies defined by the Banks Compliance team
Providing inputs on Merchant Acquiring processes with clear deviation/delegation matrices, exception management,etc
Clean audit reporting, ensuring valid vendor agreements, SLAs, service provider agreements, etc

Human Capital Management

Conducting trainings for Sales/Branch teams
Service provider, vendor and network/association management

Systems Controls & Processes & Cost Management

Provide inputs in setting up operations and systems for launching programs in Merchant Acquiring in consultation with TSG/NOC/Compliance and MCC teams
Monitor the Product PnL and Program PnLs
Delivering various MIS to monitor risk, customer service, etc

Effective Cost Management

Continuously drive lower costs with various vendor partners
Portfolio Analysis and Management

Vendor Management

Work closely with the existing vendor ATOS to ensure day to day functioning through adequate control over inventory of various terminals (PSTN, GPRS, MPOS)
Ensure the payments to the vendor are processed with due diligence
Ensure adequate compliance is maintained by the partner in line with YES BANK LTD audit/ compliance requirement which are tuned to the RBI mandates from time to time
Identify alternate vendors to ensure continuity
Keep close control over the joint P&L of the program to ensure a win-win solution for all stakeholders

Desired Skills and Experience

-MBA Degree from Tier I/ Tier II colleges

-Good knowledge about the payments industry and Merchant Acquiring business

-At least 5-6yrs prior experience in managing Product Experience in the same industry would be preferred

-Vendor/ business partner management skills would be a plus

-Should have the business acumen to understand the payments industry and help the organization develop new products/ services

-Strong negotiation and interpersonal skills to influence cross functional team decisions

-Should be a team player with strong problem solving skills

-Decision making skills is a must

-Advanced skills in Ms Word, PowerPoint and Excel

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : IT-Software
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 15th Mar 2020

Key Skills:

Company Profile:


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