Pranesh Krishnanath Raut
Senior Manager - IT
Mumbai
Summary
Results-driven IT professional with over 10 years of experience in the Banking, Financial Services, and Insurance (BFSI) and Non-Banking Financial Company (NBFC) sectors. Proven track record of leading and managing digital transformation initiatives, core system upgrades, and end-to-end delivery of technology-driven financial solutions. Skilled in project management, business analysis, and cross-functional team coordination, with deep understanding of regulatory compliance, risk management, and customer-centric digital solutions. Adept at bridging the gap between business needs and technology capabilities to deliver impactful, scalable results. Strong experience in working with Agile and Waterfall methodologies, and Skilled AWS and Weblogic.
Overview
11
11
years of professional experience
4
4
Certifications
3
3
Languages
Work History
Senior Manager
HDB Finacial Services
03.2022 - Current
- Experience of coordination with multiple teams, closing the gap and always being active team member .
- Communication with Business team and operation team to understand requirements/Requirements gathering for NSI Project.
- Role includes initiating new project as per business requirements.
- Preparing requirements document( BRD) and signing off the functional specification document
- Tracking and update new raised project on every stage.
- Coordinate with the vendor and business/ operations in various stages of the project.
- Coordinate with vendor to get TCO (Cost) to Prepare funding proposal note(FPN) and raised in Approval system.
- Prepare Purchase Order (PO) post FPN gets approved by all approver.
- Preparation of project plan for the Project and enhancement.
- Experience in working on multiple project simultaneously.
- Creating & modifying Test cases and Scenarios based on the requirement and change request.
- Handling various phases of Testing Cycle such as System Integration testing, database testing and User Acceptance testing to ensure conformance to the requirement. Also working on API Services .
- Validating Test case against the Test releases.
- Troubleshooting of any issues faced by business/ operations.
- UAT support to Business team
- Change and Release management for projects.
- Seeking necessary approvals and sign-offs.
- Production movement of new projects.
Deputy Project Manager / Business Analysts
Indusind Bank LTD
06.2019 - 02.2022
- Collaborated with cross-functional teams to identify business challenges and designed end-to-end technology-driven solutions to improve operational efficiency and customer experience.
- Conducted in-depth business analysis, requirement gathering, and stakeholder interviews to define solution scope, functional specifications, and success metrics.
- Led the implementation of enterprise systems (e.g., ERP/CRM/lending platforms), ensuring alignment with business goals and compliance requirements.
- Translated complex business needs into user stories and technical requirements for development, QA, and DevOps teams.
- Worked closely with IT architects and developers to support solution design, system integration, and data flow mapping.
- Played a key role in digital transformation projects, including process automation, customer onboarding enhancements, and mobile/web platform rollouts.
- Facilitated workshops and solution design sessions with product owners, operations, finance, and compliance stakeholders.
- Managed change requests, performed impact assessments, and ensured traceability of requirements throughout the project lifecycle.
- Delivered presentations to senior leadership showcasing solution benefits, business impact, and ROI.
- Supported UAT planning, test case development, and issue triaging to ensure high-quality solution deployment.
- Monitored post-implementation performance, gathered feedback, and drove continuous improvement initiatives.
Deputy Manager
HDFC Bank LTD
08.2015 - 05.2019
- Collaborate with business users to understand and document system requirements.
- Analyze current systems and processes to identify areas for improvement.
- Design and propose new IT solutions or enhancements to existing systems.
- Create detailed functional specifications and system documentation.
- Act as a liaison between business stakeholders and the development/Vendor team.
- Conduct system testing and validation to ensure solutions meet business and technical requirements.
- Support system implementation and post-implementation activities, including training and troubleshooting.
- Monitor system performance and troubleshoot issues as needed.
- Ensure compliance with IT standards, security policies, and data governance.
Project Trainee ( Intern)
HDFC Bank LTD
08.2014 - 08.2015
- Collaborated with cross-functional teams to gather requirements, and document business processes.
- Supported testing and implementation of a new project, including preparation of test cases, UAT support, and bug tracking.
- Participated in daily review meetings with project managers and contributed to status reports and project documentation.
- Gained hands-on exposure to banking applications, core banking systems, and regulatory compliance requirements.
- Learned about risk management, KYC processes, and digital banking initiatives through knowledge sessions and team mentoring.
Education
Bachelor of Science - Information Technology
Pragati College, Mumbai
07-2013
Skills
Requirement Gathering & Analysis
Testing & UAT Support
System Analysis & Design
Project Planning & Scheduling
Risk management
Project documentation & Reporting
Stakeholder Management
Certification
ITIL V3 Foundation Certified
Accomplishments
- Received HDFC Bank Gold Star Award for DCRS App-DB segregation.
- Received HDFC Bank PCI DSS Appreciation Award for achieving PCI DSS Compliance for the bank.
- Received HDBFS WOW Award for Single tenant based AWS migration.
Functional Expertise
Managing project activities like working out various requirements with respect to utilities, equipments, manpower & monitoring overall project for ensuring timely completion., Coordinating the entire development including requirement analysis, finalizing specifications, designing and development activities., Addressing and resolving performance bottlenecks and ensuring maximum service uptime., Suggesting improvements in the processes to make the system foolproof.
Significant Highlights
- Post production support and issue analysis for resolution of Servers.
- Documentation for issue tracking, project updates & production movement.
- Understanding document and priorities business requirements across affected business areas.
Key Deliverables
- Communicating with Business and Operation Team to understand requirement / Requirement gathering for NSI Project.
- Initiating new project as per Business Requirement.
- Follow up with the vendors for timely updating/maintenance of applications.
- Preparation of business requirements document describing the project's objectives, how the work will be done.
- Testing and implementation of new products within planned timelines.
- Change requirement delivery as per customer business requirement.
- User Acceptance test plans to be prepared with customer business users.
Personal Information
- Date of Birth: 06/10/92
- Nationality: Indian
- Marital Status: Single
Timeline
Senior Manager
HDB Finacial Services
03.2022 - Current
Deputy Project Manager / Business Analysts
Indusind Bank LTD
06.2019 - 02.2022
Deputy Manager
HDFC Bank LTD
08.2015 - 05.2019
Project Trainee ( Intern)
HDFC Bank LTD
08.2014 - 08.2015
Bachelor of Science - Information Technology
Pragati College, Mumbai
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