Summary
Overview
Work History
Education
Skills
Websites
Personal Information
Timeline
OfficeManager
PARAMJIT SINGH

PARAMJIT SINGH

Bengaluru

Summary

Strategic Banking technology leader with global experience, known for driving thought leadership, building strategic products grounds up, stitching working solutions across disparate solution components, and leading successful go-to-market strategies and business development including client and partner engagement. Passionate about driving innovation in banking technology solutions and committed to delivering excellence through agile development methodologies and lean high performance teams.

Overview

25
25
years of professional experience

Work History

Senior Director

Oracle Financial Services GIU
04.2017 - Current
  • Head of Banking solutions – Japan & Asia Pacific for FLEXCUBE and Oracle Banking suite of products & solutions
  • Conceptualized, architected, proposed and defended business solutions across Oracle & partner offerings; winning client mandates for CBS & line of business solutions
  • Led GTM & Client adoption of corporate, origination and digital engagement solutions - payments, f2b credit & lending, f2b transaction banking, f2b cash management, treasury, collections & recovery and block chain adaptors
    Collaborated with sales org and won new logo core banking transformations, upgrades, and line of business transformations in transaction banking, cash management, payments, credit & lending and treasury across territories
  • Provided industry & domain leadership for entire range of Oracle FSGIU banking products & solution portfolio including domain/ solution expertise for delivery projects
  • Worked with product and delivery organization for market readiness of banking solutions
  • Created an agile working environment, enabling rapid response to changing business needs and team training and adoption of dozens of new solution components

Director - Product Management

Finastra
04.2012 - 03.2017
  • Spearheaded product strategy, product management, development/ delivery of Universal banking, Enterprise Payments, Lending and Analytics products portfolio, Digital Channels enablement and integration for select areas; with P&L ownership of Fusion Banking portfolio with licensed revenue potential of tens of million US dollars
  • Influenced company strategy through insightful presentations to executive leadership highlighting trends, challenges, opportunities related to industry and product offerings.
  • Undertook competitive analyses and benchmarking with leading CBS & Payments players for informed strategic decision-making for product value prop & positioning.
    Experience of owning complete PLM & SDLC including product strategy & vision, roadmaps, PLM tollgates, requirements prioritization, release content mgt., trade off decisions, oversight of specs & development life cycle, design decisions, release criteria management, strategic partners liaison for development/ releases, delivery management, and product documentation
  • Increased competitiveness of Core banking suite, and entry into “Leaders quadrant”.
  • Envisaged, designed, delivered strategic, high impact and quality products/platforms grounds up for next gen loan origination, new age ACH payments, direct debits & SEPA (ISO 20022); on time and within budget constraints, effectively managing Dev, QA and PM resources.
  • Improved user experience by working closely with UX/UI designers to develop intuitive interfaces and features.
  • Spearheaded new product launches, driving successful market penetration and adoption rates, working with sales and marketing teams for effective go-to-market and pricing strategies for new products and updates.
  • Won large transformation deals increasing the typical deal size from few million dollars to tens of million dollars.
  • Collaborated with other product managers, & global teams for integrated solution offerings including leading the ambitious End of End Commercial Banking project – across best of breed banking applications for digital, commercial, transaction banking, treasury and risk management.
  • As head of Change Control Board, reduced outstanding CRs for existing/ implementing customers from 150+ to single digits within 6 months; containing costs and re-deployment of developer resources for strategic projects

Industry Principal & Regional Global Head - Solution Consulting/ Business Consultancy Group

Infosys Limited – Finacle Business Unit
06.2005 - 03.2012
  • Led Sales consulting, Business development, Solution & process consulting for Core & Universal Banking suite and allied solutions portfolio across multiple geographies
  • Strong contributions to new business development efforts, authoring compelling proposals that demonstrated the value of our solutions and consulting services.
  • Strategized, proposed and defended Finacle UBS & allied solutions, architected elaborate solutions including partner offerings, extensive bid/solution evaluations and client POCs
  • Led strategic pursuits and consulting assignments for large transformation projects incl. partnership with cross-functional teams, other Infosys BUs and Partner/SI teams
  • Won client mandates for multiple mid-to-large, strategic, and transformational deals in APAC/ ANZ, EMEA and Americas; including mid to large size public sector banks in India, re-entry into Srilanka market after a decade, leading banks in Oman, UAE and Saudi, first CBS deal in NZ, regional base model for a tier-1 bank in Asia Pacific, leading bank in a CIS country, one of the largest banks in Turkey, besides leading many successful technical bid evaluations for Europe, Americas and Australia.
  • Pioneered entry into new markets and enhanced presence in existing ones
  • Drove localization and regulatory compliance initiatives for key emerging markets such as Canada, China and Australia – New Zealand

Product Manager – Corporate Banking Products

Intellect Design Arena
12.2003 - 05.2005
  • Product management, Business development, partner engagement/ development for Trade Finance & Cash Management solutions
  • Worked with sales in market development for new suite of solutions and building a healthy pipeline for South East Asia, North Asia and West Asia including leading joint pursuits for Core Banking.
  • Developed, trained and drove revenue growth through regional GTM partners.

Product Manager - Financial Solutions

A Financial Services Technology Solutions Company
03.2003 - 12.2003

Product Management for financial and other solutions (Account Aggregation, Payment gateways, sms based industry solutions...)

Sr. Product Specialist, Manager Biz Development

ACI Worldwide
08.2000 - 03.2003
  • Product management, offshore implementation & production support for transaction banking products - Trade finance, remittances and cash management offerings.
  • Establishment of India BD office for independent sales in South Asia & Middle East and sales support for other geographies; led business development for Transaction banking, electronic & digital banking products including Marketing/ Technical Alliances with product and services companies.
  • Thought leadership, white papers and executive presentations for Financial Portal, EBPP, Bolero, digitizing trade finance etc.; product roadmaps & new product development initiatives.

Manager - International Marketing, Exports

UB Global Corporation
08.1999 - 08.2000
  • Manager - International Marketing, Exports, Trade Finance and Supply Chain management

Education

MBA - International Business

Indian Institute of Foreign Trade, New Delhi
New Delhi, India
06.1999

Bachelor of Engineering - Electrical And Electronics Engineering

National Institute of Technology (NITK), Karnataka
Surathkal, Mangalore
06.1993

Skills

  • Strategic vision, product & technology roadmaps
  • Product lifecycle management, P&L ownership
  • Market trends, research, Ideation, customer & internal forums
  • Functional & technical architecture
  • New Age UX & Design Patterns
  • Release content & release criteria management
  • SDLC, Agile & Waterfall Models
  • Retail, Commercial, Transaction Banking - Trade finance, SCF; Loan Origination, Credit & Lending; Digital; Cheque Clearing, Payments; Liquidity, Cash Management, Virtual Accounts; ATM/POS (ISO 8583), KYC/ AML, and ECM Integration
  • Building customer centric solutions, deliver complex requirements thru’ innovative solns
  • GTM Planning, Positioning/ Pricing, Sales Collateral, Business Development
  • Alliances, Client & Partner engagement
  • Pre-Sales & Post Sales Consulting
  • Growing business footprint thru’ consulting led sales & forging strong relationships with marquee clients
  • Strong Communication and Analytical skills
  • Building, Mentoring High Performance cross-functional teams
  • Budgeting & Resource planning
  • In depth & hands on expertise in FLEXCUBE/ Oracle Banking, FusionBanking (Misys/ Finastra), Finacle (Infosys), Intellect (Intellect Design) product suites
  • Forming high impact partnerships with GTM/ implementation and product/ tech partners

Personal Information

Title: Banking Technology Professional

Timeline

Senior Director

Oracle Financial Services GIU
04.2017 - Current

Director - Product Management

Finastra
04.2012 - 03.2017

Industry Principal & Regional Global Head - Solution Consulting/ Business Consultancy Group

Infosys Limited – Finacle Business Unit
06.2005 - 03.2012

Product Manager – Corporate Banking Products

Intellect Design Arena
12.2003 - 05.2005

Product Manager - Financial Solutions

A Financial Services Technology Solutions Company
03.2003 - 12.2003

Sr. Product Specialist, Manager Biz Development

ACI Worldwide
08.2000 - 03.2003

Manager - International Marketing, Exports

UB Global Corporation
08.1999 - 08.2000

MBA - International Business

Indian Institute of Foreign Trade, New Delhi

Bachelor of Engineering - Electrical And Electronics Engineering

National Institute of Technology (NITK), Karnataka
PARAMJIT SINGH