Innoviti Payment Solutions - Associate Vice President - Recruitment

About us :

1. Innoviti's vision is to create great payment experiences that simplify lives and inspire dreams of a higher achievement.

2. Innoviti is designing intelligent payment solutions that help every merchant extract the full power of digital payments, not possible with stand-alone terminals and QR stickers. Using the power of data and user-centric design, Innoviti's solutions are thoughtfully crafted to not only simplify lives by releasing time and reducing anxiety, but to also inspire merchants to think of extra sales, extra savings, and extra customers through digital partnerships with brands and banks.

Architected as a network of networks, Innoviti uses data intelligence to bring together merchants with brand and bank networks, helping them connect, collaborate, and create new and unique offers for their common customers. This helps networks use the power of modern technology to intelligently target customers, create superior offers, and grow their sales faster with unmatched efficiency.

3. With a drive for execution, has established a position of substance in the payments space:

a. Processes annually over 6.5B$ of payments from 1000+ cities in India (over 5% of all transactions).

b. Has grown at a CAGR of 70+% over the past 3 years with a 100% growth in past 12 months.

c. Driving an ARPU that is 3X of national average and 2X of any other payments company in India,

d. Innoviti is already the provider of choice for merchants, with marquee customers-Reliance, Landmark, Indigo, Inox, Titan, Walmart and over 100 others.

4. The company is supported by an impressive investor list comprises (Titan, Catamaran Ventures, Bessemer Venture Partners, SBI Japan and FMO Netherlands). And with adequate resources at its disposal, the company is well capitalized to drive its growth.

5. Over the past two years the company has invested in two key areas - significantly strengthening the platform and in building the functional teams required for growth. This provides a solid platform for explosive growth.

Towards this the company is :

a) Making the platform open to onboard customers easily,

b) Changing distribution models to reach 100X customers, and

c) Allowing more intelligence to the channels to drive multiple use-cases.

d) Streamlining the supply chain and production to drive faster go-to-market and improve margins.

6. In a new phase of growth, the company has two thrust areas:

a. To strengthen its current business, by :

- Surging the business 10X over next five years to reach 15% of market share, becoming the partner of preference and industry leader.

- Anchor this with significantly strengthened business processes that provide stability and enduring competitive advantage

b. To innovate build new business opportunities in key areas for sustained leadership.

e) The company business is built around its root strength in technology capabilities supported by a diligently earned credibility with stakeholders. It seeks to enhance its strengths in go-to-market/marketing, identifying/extracting commercial value and adding intelligence meaningfully.

To drive this roadmap the company is looking for talent who are ready to do what no payments platform has done before and what every payment platform will do thereafter.

Would you like to join this journey?

Job Description :

Designation : AVP - Recruitment

Location : Bangalore

Responsibilities :

- Manage a team of recruiters for various teams.

- Manage recruitment consultants for various needs.

- Make sure hiring cost is minimum - own employees or consultants.

- Understand : Seek to actively engage with the internal stakeholders to get a detailed understanding of the needs at all levels and for all teams - Sales, Technology, Finance, Operations, Field team, etc.

- Stay engaged with candidates before they join and after they join to make sure they join and perform well in the organization.

- Make sure the hiring gets completed within defined TAT.

- Keep the respective Heads updated about their hiring needs through daily report.

- Get the sourcing done through portals, references, networking sites, etc.

- Should be able to negotiate the packages, benefits, etc. with candidates.

- Should be able to explain policies and compliances to candidates at different levels.

- Oversee all stages of candidate experience (including application, interviews and communication)

Skills and Qualifications :

- MBA with at least 10+ years of experience in which at least 3 years as a Recruiting head of a fast-growing organization.

- Strong network of people.

- Proven track record of having introduced impactful changes in the hiring function that had a lasting effect on the organization.

- Demonstrated ability to have taken tough decisions to strengthen team productivity.

- Prior experience of working in a start-up would be preferred.

- Need to have urgency for a closure of open activities.

Personality :

The ideal person for this role would be someone who loves the challenge of an entrepreneurial environment and is able to deal with complexity and rapid change.

Needless to mention, the person would be self-driven, results-oriented with a positive outlook and impeccable integrity. He/she would have a track record of delivering results consistently in uncertain environments. Excellent communication skills with an ability to manage crucial conversations with senior stakeholders.