Razorpay Software Pvt Ltd

Manager, Banking Solutions

Razorpay Software Pvt Ltd
Mumbai/Bombay
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 6 yearsMin. 6 years

Job Description

Manager, Banking Solutions

Razorpay is one of India’s leading full-stack financial technology companies, powering the way businesses move, manage, and grow money. Founded in 2014 by Harshil Mathur and Shashank Kumar with a simple vision - to simplify payments for Indian businesses - we’ve since grown into a fintech powerhouse driving India’s digital payment revolution.

Razorpay powers millions of businesses with a smarter, scalable stack that goes beyond transactions to help them truly build and grow.

From building AI-native agentic payments, to AI-assisted fraud detection and real-time risk intelligence to automated reconciliation, smart payouts, and predictive financial insights, we are embedding intelligence across our stack to make money movement faster, safer, and more efficient. In close collaboration with ecosystem partners - including banks, networks, regulators - we are pioneering industry-first solutions that are shaping the next era of fintech

Across India, Singapore and Malaysia, our products span everything from seamless checkouts to payroll automation - powering a fintech ecosystem that’s redefining how money moves across Asia.

Today, that ecosystem supports everyone from early-stage startups to some of India’s largest enterprises, enabling them to accept, process, and disburse payments at scale while expanding into new ways of managing money more efficiently.

Our scale speaks volumes: Razorpay processes $180+ billion in annualized transactions, powering leading businesses like Airbnb, Facebook, WhatsApp, Airtel, CRED, BookmyShow, Zomato, Swiggy, Lenskart, Mirae Asset Capital markets, Indian Oil, National Pension Scheme - and over 100 of India’s unicorns. With strong roots in India and growing operations in Southeast Asia, we are shaping the next chapter of financial technology across the region.

We are backed by global investors including GIC, Peak XV Partners (formerly Sequoia Capital India & SEA), Tiger Global, Ribbit Capital, Matrix Partners, MasterCard, and Salesforce Ventures, having raised over $740 million to date. Strategic acquisitions - including Ezetap (POS and offline payments), Curlec (Malaysia expansion), BillMe (digital invoicing), and POP (rewards-first UPI) - along with earlier moves in fraud prevention, payroll, and lending, have further strengthened our platform and widened our footprint across Asia.

But what truly sets Razorpay apart is our culture. At Razorpay, ownership is our oxygen - you own what you build, with no micromanagement or red tape, just the runway to make your ideas fly. Learning is a lifestyle - if you’re curious, you’ll feel at home here. People > Pedigree - we hire for attitude, hustle, and hunger more than degrees. Transparency thrives over titles - this is where interns question CXOs and CXOs say “thank you.” Guided by our values of Customer First, Autonomy & Ownership, Agility with Integrity, Transparency, Challenging the status quo and a strong belief that Razorpay grows with Razors,  you’ll be part of a 3000+ strong team building not just products, but the financial infrastructure of the future.

About the Role

The UPI Lead – Banking Solutions position exists to own and drive Razorpay's end-to-end UPI infrastructure, sponsor bank relationships, and payment rail integrations within the Banking Solutions unit. As the core domain leader for UPI solutions, this role solves complex integration bottlenecks between partner banks, NPCI, and internal payment switches to maximize transaction success rates, minimize latency, and scale high-concurrency payment flows. Reporting into Banking Solutions leadership, this lead-level position sits at the intersection of transaction banking, product architecture, and regulatory execution to pioneer new UPI initiatives (such as UPI Credit Line, AutoPay, and Cross-Border UPI).

 

Roles & Responsibilities

  • Own and manage end-to-end UPI banking integrations, sponsor bank relationships, and NPCI alignment across the Banking Solutions suite.
  • Drive UPI transaction success rates, system uptime, and latency optimization across all partner bank node architectures and routing switches.
  • Spearhead the execution of advanced UPI payment innovations, including Credit Line on UPI, UPI Lite, AutoPay, and international payment flows.
  • Partner with bank technology leadership, regulatory bodies, and internal product teams to design resilient, scalable, and compliant switch architectures.
  • Lead root-cause analysis (RCA) and mitigation frameworks for transaction drops, downtime incidents, and partner bank infrastructure degradation.
  • Leverage AI-driven payment routing tools and predictive analytics to monitor real-time transaction health, detect anomalies, and dynamically optimize traffic distribution.

 

Mandatory Qualifications

  • Experience:

    • 6–10 years of experience in Fintech, Digital Payments, or Transaction Banking, with at least 4+ years of dedicated expertise in UPI payment infrastructure and sponsor bank integrations.
    • Proven track record of managing high-volume payment rails, success rate optimization, and switch performance engineering.
  • Skills:

    • In-depth understanding of NPCI UPI specifications, payment switch mechanics, API protocols, and nodal/escrow account operations.
    • Strong partner management, technical negotiation, and cross-functional leadership capabilities across banking and regulatory stakeholders.
  • Tools:

    • Proficiency with SQL, log analysis frameworks (Kibana/Grafana), API testing suites (Postman), and payment analytics platforms.
  • AI & Digital Competency:

    • Practical capability in utilizing AI-powered transaction routing engines, predictive uptime monitoring platforms, and automated anomaly detection workflows to maintain high-availability payment rails.



Razorpay believes in and follows an equal employment opportunity policy that doesn't discriminate on gender, religion, sexual orientation, colour, nationality, age, etc. We welcome interests and applications from all groups and communities across the globe.
 
Follow us on LinkedIn & Twitter

Experience Level

Senior Level

Job role

Work location
Work locationMumbai
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryBFSI Project Management
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 6 years

About company

Name
NameRazorpay Software Pvt Ltd
Job posted by Razorpay Software Pvt Ltd

Similar jobs you can apply for

Business Operations

Office Boy

N Kumar Associates International
Andheri West, Mumbai/Bombay
₹14,000 - ₹15,000
Work from Office
Full Time
Any experience
Basic English

Export Executive

Trigen Enterprises
Parel, Mumbai/Bombay
₹8,000 - ₹10,000
Work from Office
Part Time
Min. 1 year
Basic English
Crd Realtors Private Limited

Site Supervisor

Crd Realtors Private Limited
Khar West, Mumbai/Bombay
₹20,000 - ₹25,000
Work from Office
Full Time
Min. 1 year
Basic English

| Back Office- Store Keeper & Finance

1008 Digital Health Private Limited
Vikhroli East, Mumbai/Bombay
₹50,000 - ₹60,000
Work from Office
Full Time
Min. 5 years
Basic English
Amartex Industries Limited

Advisor / Consultant

Amartex Industries Limited
Andheri East, Mumbai/Bombay
₹1,10,000 - ₹1,40,000
Work from Office
Full Time
Min. 10 years
Basic English

Site Engineer – Interior Execution

Sonali Enterprises
Dadar East, Mumbai/Bombay
₹30,000 - ₹35,000
Work from Office
Full Time
Min. 2 years
Good (Intermediate / Advanced) English

You can expect a minimum salary of 0 INR. The salary offered will depend on your skills, experience and performance in the interview.

The candidate should have completed the required education and people who have 6 to 10 years are eligible to apply for this job. You can apply for more jobs in Mumbai/Bombay to get hired quickly.

The candidate should have sound communication skills and sound communication skills for this job.

Both Male and Female candidates can apply for this job.

No, it's not a work from home job and can't be done online. You can explore and apply for other work from home jobs in Mumbai/Bombay at apna.

No work-related deposit needs to be made during your employment with the company.

Go to the apna app and apply for this job. Click on the apply button and call HR directly to schedule your interview.

The last date to apply for this job is . For more details, download apna app and find Full Time jobs in Mumbai/Bombay . Through apna, you can find jobs in 64 cities across India. Join NOW!