IFTAS - Chief Operating Officer - IIM/MDI/ISB/IIT/FMS

About IFTAS :

- Indian Financial Technology and Allied Services (IFTAS), is promoted by IDRBT (Institute for Development & Research in Banking Technology) and NABARD (National Bank for Agriculture and Rural Development) for rendering IT services to the Indian Banking and Financial industry.

- IDRBT is an autonomous centre for development and research in Banking Technology, established by the Reserve Bank of India. NABARD is an apex development bank in India, focused on policy, planning and operations in the agriculture and other economic activities in rural India.

Services being rendered by IFTAS include :

- INFINET, the country-wide secure information technology network.

- SFMS, India's backbone inter-bank Financial Messaging Platform used for RTGS, NEFT, etc.

- IBCC, the most trusted cloud platform for banks in India.

- The mandate of IFTAS is to provide essential IT-related services, presently being offered by the IDRBT, to the Reserve Bank of India, banks and financial institutions, effectively and efficiently. As these services constitute the backbone of the payment systems operations in India, IFTAS is geared up to provide uninterrupted 24 x 7 high-quality IT-related services to the Indian Banking and Financial Sector.

- IFTAS has been incorporated under Section 8 of the Companies Act, 2013 as a non-profit company, reflecting the intention and mandate of the organization as an enabler and facilitator of automation. NPCI (National Payments Corporation of India), which was formed out of IDRBT under a similar initiative in 2009, has gone on to revolutionize the Payments space in India, with successful implementation of RuPay, IMPS, ACH and other services.

- With INFINET and SFMS in steady state operations, IFTAS is focused on expanding its Cloud Services to include the entire gamut of Banking applications, targeted at players in the entire banking sector. IFTAS is looking for self-motivated, service-oriented, technology-savvy personnel who will help scale its operations and take it to a whole new level in innovation, service and size.

JD :

Title : Chief Operating Officer- COO

Band / Designation : COO

Reports to : CEO

Summary : Business / Delivery / Operations Management, Strategy, Program Management, Budgeting, Forecasting, Execution, People Management, Customer Management, Vendor Management

Responsibilities :

- Set comprehensive goals for performance and growth.

- Lead employees to encourage maximum performance and dedication.

- Budgeting Forecasting, Analysis & Control.

- Would be working towards smoothening of the operations process with a greater focus on client satisfaction and client building.

- Direct operations of the organization to ensure the current and future objectives and plans of the organization are met.

- Participate in business planning and strategies of the organization and give appropriate inputs.

- Develop procedures, policies and controls to assist in achieving the objectives of the organization.

Operations Management : Supervise the preparation of operations to meet business forecasts, budgets and reports on aspects of profitability, capital expenditure and operation performance where appropriate.

- Ensure customer satisfaction is achieved by all project and product implementation within the organization.

Education :

- MBA

- B.E/B.Tech (premium institute)

Experience :

- IT/ITES/ Banking

- 3-4 yrs of experience on COO role

- Over all experience should be more than 20 years

Skills : Banking domain is must