Prabakaran K.A
Product Owner, Chief Product Officer
Chennai
Summary
An exceptionally driven individual with over 23 years of extensive expertise in establishing and managing product roles within the financial services industries. Known for remarkable achievement in attaining objectives. A seasoned professional who has improved both financial performance and overall business operations in a challenging and competitive corporate landscape that is rapidly evolving, via deep knowledge in Foreign exchange businesses, Cross Border Remittances, and Pre-Paid (Forex) Cards.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Dy General Manager - FX Product Development
Yalamanchili Software Exports Pvt Ltd
Chennai
09.2022 - Current
- Primary responsibility entails leading, directing, and constructing Product Management Unit in order to foster and maintain client relationships, as well as devise revenue-generating strategies that facilitate organization's attainment of its goals.
- Participating in development of prepaid foreign exchange and remittance products via MasterCard and VISA payment rails. Coordinate development of forex products with variety of internal and external stakeholders as product proprietor.
- Coordinate with cross-functional teams to define strategic vision for products, which includes developing product roadmaps and creating business strategies
- Oversaw product design and roadmap and coordinated aspects of development and rollout.
- Conceptualized long-range product roadmaps and strategically designed according to market data and research.
- Three Product Managers/Delivery Managers do report to me.
Director - Forex & Treasury Operations
Terra Payments Services Ltd
Bangalore
03.2020 - 07.2022
- Fintech, prime responsibility was Treasury operations and Correspondent Banking, but having said that involved in cross functional works like Preparing MIS, Product development role, reconciliation and client management etc.
- Significantly impacted revenue management by playing a key role in negotiating better FX rates with receiving partner banks and offering better rates to send partners in order to boost quantity and frequency of transactions through fee collections paid to and received by partners.
- Establishing connections with important stakeholders and clients to emulate alliances to broaden payment services and provide top-notch service delivery.
- Accomplished in fostering international banking relationships and forming alliances with banks to broaden their market reach. Banks Details - UBA, Equity bank, Eco Bank, MCB, MCB-US, CAB-UK, Stanbic Bank, Standard Bank, Bank of Africa, Primetrust-US, CrossRiver-US, BRI, Kasikorn Bank, Ned Bank, Bank of Punjab, BDC- Cairo and more.
- Worked closely with organizational leadership and board of directors to guide operational strategy.
- Drafted and distributed reports to assist board members with critical business decisions.
Chief Operating Officer - Products, Finance Ops
Muthoot Forex Limited
Cochin
10.2018 - 02.2020
- Lead team of Four Product Managers Via Money Transfer- Inward, Money Transfer - Outward, Pre-Paid Cards, Banknotes, . Total count of department team was 25.
- Crucial in creating solid Forex Product application to improve results on operational factors.
- As member of think tank, I acted as change agent by creating internal application for international operations and streamlining FX processes to achieve operational excellence.
- Developed and implemented recommendations for service improvement.
- Identified and mitigated operational risks to minimize potential negative impacts on organization.
- Developed quarterly business plans to evaluate cost projections.
- Aligned organizational objectives with company mission to increase business growth and integrate work strategies.
- Reduced process bottlenecks by training and coaching employees on practices, procedures, and performance strategies.
Chief Product Officer
UAE Exchange And Financial Services Ltd.,
Cochin
08.2001 - 07.2018
- Lead team of Six Product Managers Via Money Transfer- Inward, Money Transfer - Outward, Pre-Paid Cards, Banknotes, Gold Loan and Insurance. Total count of the department team was 40.
- Oversaw entire product deployments from vision and creation to rollout and delivery, and it was ongoing.
- Coordinated with software developers to create custom applications and trackers to achieve company goals.
- Managed implementation of new features, compliance checks by outlining plans and specifications such as how, where, and when each component would work.
- Managed budget allocation and resource utilization to maximize marketing ROI.
- Successfully managed multiple projects in fast-paced environments through individual work and teamwork.
- Directly dealt with International Banks like Royal Bank of Scotland, Raiffeisen Bank, then Swift processors.
Education
MBA - Human Resources Management And Travel.
Annamalai Universiry
Chidambaram 07.1998 - 06.2001
High School Diploma -
Post Graduate Diploma in Computer Education
Kumbakonam 08.1996 - 07.1998
Bachelor of Science - Bio-Chemistry
Bharathiyar University
Coimbatore 07.1993 - 05.1996
Skills
Product development
Project Management
Operations management
Performance improvement
Problem identification
Risk Assessments
Strategic planning
Staff Management
Market Analysis
Teambuilding
Interpersonal Communication
Certification
Certified Scrum Product Owner – Certification ID 001437889
Timeline
Certified Scrum Product Owner – Certification ID 001437889
10-2022
Dy General Manager - FX Product Development
Yalamanchili Software Exports Pvt Ltd
09.2022 - Current
Director - Forex & Treasury Operations
Terra Payments Services Ltd
03.2020 - 07.2022
Chief Operating Officer - Products, Finance Ops
Muthoot Forex Limited
10.2018 - 02.2020
Chief Product Officer
UAE Exchange And Financial Services Ltd.,
08.2001 - 07.2018
MBA - Human Resources Management And Travel.
Annamalai Universiry
07.1998 - 06.2001
High School Diploma -
Post Graduate Diploma in Computer Education
08.1996 - 07.1998
Bachelor of Science - Bio-Chemistry
Bharathiyar University
07.1993 - 05.1996