Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic
SOMNATH KHEDKAR

SOMNATH KHEDKAR

Product Manager - Payment Domain

Summary

Experienced Product Manager with over 5 years of experience in payment gateway, retail banking product and analyzing business operations. Aiming to utilize my strong payment gateway skill and analytical ability to achieve the goals of the company.

Overview

5
5
years of professional experience

Work History

Associate – Product Manger

PwC India
4 2024 - Current

Project: Design framework for the technical competency review and technology assessment of NPCI Partner

  • Design 4 different frameworks for various payment products including Card, RTP – UPI/IMPS/AEPS, Batch –Fastag/CTS and BBPS
  • Assisted Project Managers in developing and maintaining project schedules and project plans resulting in timely completion of projects
  • Monitored industry trends and competitor activities, making strategic recommendations based on findings.


Project: Design and setting up of Command Center its execution and Management for India's Largest Commodity Exchange

  • Gathered and analyzed business requirements, created Functional Specification Document (FSD) and Incident management this is a required part of process improvement.
  • Identified potential vendors & SLAs in contracts, comprehensively grasping the scope of work for each vendor to ensure timely support and resolution. Also, monitored the vendor performance against agreed SLAs & contract terms.
  • Defined key processes, protocols and escalation procedures within the framework ensuring organizational objective and operational needs.


Product Manager – Internet Banking Payments

ICICI Bank LTD
01.2019 - 03.2023
  • Working on product planning & execution activities throughout the product lifecycle
  • Analyze the business requirement based on customer requirements, competitive offering, workflow analysis, and product vision
  • Documented user stories, specifications, and product features into detailed work order to communicate across teams and build mandatory requirements.
  • Optimized product performance with data-driven analysis and continuous improvement initiatives.
  • Improved product functionality with innovative design solutions, resulting in increased sales conversions.
  • Ensuring timely delivery of the project assigned, maintaining project documentation, and keeping track until implementation
  • Functioning on both architectural and functional issues with LOB's/cross-functional teams to achieve integration and clean business flows for projects of varying nature
  • Timely resolution of merchant and customer issues pertaining to payment gateway services and analysis of the issue to determine the nature of the complaint, its cause, implications, and effects.
  • Coordination with operations, customer service and accounts team to set up the process
  • Conducting the presentation for operations and digital partnership team and merchant for product briefing.

Education

PG Diploma - Banking and Finance

Manipal Academy

Bachelor of Engineering - IT

Mumbai University

H. S. C. - undefined

IES Jr. college
Bandra, Mumbai

Skills

Product Lifecycle Management

Accomplishments

  • Merchant appreciation for timely resolution of queries and excellent delivery of project.
  • Best support award received from Razorpay payment for onboarding merchants and helping in queries in order to resolution within TAT.
  • Implementation of automated invoicing process which resulted in increase of revenue by 25-40 Lacs PA
  • Increase in success rates on an average 10% by revising the PG flow to customer.
  • Implement product dashboard with help of BIU team in Power BI.

Timeline

Product Manager – Internet Banking Payments

ICICI Bank LTD
01.2019 - 03.2023

Associate – Product Manger

PwC India
4 2024 - Current

PG Diploma - Banking and Finance

Manipal Academy

Bachelor of Engineering - IT

Mumbai University

H. S. C. - undefined

IES Jr. college
SOMNATH KHEDKARProduct Manager - Payment Domain