Payment Operations Analyst Jobs in Chennai BFSI
⚡ Urgent Requirement🏢 Chennai BFSI Corridor - Where to Find These Jobs
Chennai is one of India's largest BFSI employment hubs, home to headquarters of Indian Bank, Indian Overseas Bank, and Canara Bank South Zone, along with regional offices of all major private banks, insurance companies, NBFCs, and fintech firms. The city employs over 3 lakh BFSI professionals.
Anna Salai (Mount Road), Nungambakkam, T. Nagar, Thousand Lights, and Egmore form Chennai's primary BFSI corridor. Key employers include SBI, HDFC Bank, ICICI Bank, Axis Bank, LIC, Star Health Insurance, Sundaram Finance, Shriram Finance, TVS Credit, and Muthoot Finance.
📋 Job Description
Jobzi is sourcing qualified candidates for Payment Operations Analyst positions in Chennai BFSI companies. This role is with a leading bank, insurance company, NBFC, or financial services firm in Chennai. You will work with a dynamic team in India's growing BFSI sector with strong career progression and compensation.
📌 Key Responsibilities
- Process high-value domestic and cross-border payment transactions within cut-off timelines
- Monitor RTGS, NEFT, IMPS, and UPI transaction queues and resolve exceptions
- Investigate and resolve failed, returned, and pending payment transactions
- Reconcile Nostro accounts, correspondent bank statements, and NPCI settlement reports
- Coordinate with banks, NPCI, and RBI for payment system issues and regulatory queries
- Escalate payment system outages and manage business continuity during disruptions
- Prepare daily payment operations MIS and SLA compliance reports
🎓 Qualifications and Requirements
- B.Com/BBA/B.Tech with 2-5 years of payments operations or banking back-office experience
- Knowledge of payment systems: RTGS, NEFT, IMPS, UPI, NACH, SWIFT, and SEPA
- Experience handling Nostro reconciliation and correspondent banking operations
- Familiarity with payment operations systems (Intellect, i-exceed, or FIS Systematics)
- Attention to detail for high-value transaction processing and exception management
- Knowledge of RBI payment system regulations and NPCI operating procedures
- Good analytical skills for payment exception investigation and resolution
✅ Required Skills
🏆 Certifications Valued
NISM Series Certifications, IIBF JAIIB/CAIIB, IRDAI Insurance License, CFA Level 1-3, FRM (Financial Risk Manager), CFP (Certified Financial Planner), ACCA, CA (Chartered Accountant), AMFI ARN Certification, NCFM modules
❓ Frequently Asked Questions
Which areas in Chennai have the most BFSI jobs?
Anna Salai (Mount Road), Nungambakkam, T. Nagar, Thousand Lights, Egmore, and Guindy are Chennai's primary BFSI employment zones. Public sector bank headquarters and private bank regional offices are concentrated along this corridor.
What is the average BFSI salary in Chennai in 2026?
BFSI salaries in Chennai range from Rs.15,000 for entry-level back office roles to Rs.2,00,000+ for senior portfolio and risk management positions. Mid-level banking and insurance professionals earn Rs.35,000 - Rs.80,000 per month.
What certifications help BFSI professionals in Chennai?
NISM certifications for securities and MF roles, JAIIB/CAIIB for banking, IRDAI license for insurance, CFA for investment roles, FRM for risk management, and CFP for financial planning are the most valued credentials by Chennai BFSI employers in 2026.
What does a Payment Operations Analyst do in Chennai?
Payment Operations Analysts at Chennai banks and payment processors manage the end-to-end processing of RTGS, NEFT, UPI, NACH, and SWIFT transactions. They handle payment exceptions, reconcile settlement accounts, manage cut-off timelines, and ensure SLA compliance for payment processing.
What is the salary for Payment Operations Analyst in Chennai in 2026?
Payment Operations Analysts with 2-5 years experience earn Rs.25,000 - Rs.65,000 per month in Chennai. Senior payments specialists with SWIFT and Nostro expertise earn Rs.70,000 - Rs.1,20,000 at large banks and payment companies.
Which companies hire Payment Operations professionals in Chennai?
RBI-regulated payment system operators, large banks (SBI, HDFC, ICICI), payment gateways (Razorpay, Paytm), banking technology companies on OMR, NPCI regional offices, and BNY Mellon/Deutsche Bank Chennai operations centres are significant employers.
What is the salary for Payment Operations Analyst in Chennai 2026?
A Payment Operations Analyst in Chennai BFSI earns between Rs.24,500 and Rs.64,500 per month in June 2026, depending on experience, employer, and specific skills.
What experience is required for Payment Operations Analyst jobs in Chennai?
2 - 5 Years of relevant experience is required for Payment Operations Analyst roles in Chennai BFSI companies. Knowledge of Chennai's banking, insurance, and financial services sector is an advantage.