Ronit Sarangi
Mumbai
Summary
Building Products since 2020! Passionate Agile certified product leader with 3.5+ years of experience developing and launching innovative financial and consumer products in Global MNCs. Proven ability to manage cross-functional teams, drive successful product launches and deliver solutions that enhance customer experience and business growth.
Overview
7
7
years of professional experience
Work History
Senior Product Manager
ICICI Bank
Mumbai
04.2022 - Current
- Pioneered the launch of industry's first integrated Forex prepaid card platform, revolutionizing the onboarding experience for new-to-bank customers
- Spearheaded the revamp of payment journey for Forex NTB customers, resulting in 80% reduction in dropouts
- Successfully completed integration with internal CRM team for real-time calling to drop-off customers, resulting in 25% increase in conversion
- Developed customized solutions for onboarding key Forex card clients
- Leading the current development for integrating Existing along with New to Bank customers in the Forex card journey
- Instrumental in removing the manual leg of customer visiting the branch for KYC, thus making the process completely digital
- Currently developing the process for digitizing the passport authentication via integration with relevant API
- Devised the process for effective tracking of leads on a daily basis
- Responsible for various UI developments to make the customer experience seamless
- Coordinated with different cross-functional teams for successful monitoring and closure of critical live issues.
Product Manager
ICICI Bank
Mumbai
- Successfully completed SFTP Migration process for sharing of files in a smooth manner with Public Finance Management System (PFMS)
- Successfully completed MIS reporting of transactions on PFMS with critical timelines which resulted in the release of the budget for FY 23-24 for several clients (418 million USD)
- Implemented a new format of Payee Validation which reduced the overall payee rejection by 40 percent
- Successfully integrated bank application with PFMS API for seamless exchange of critical Master Data
- Successfully executed a new format of Reports which improved the User Experience
- Developed a new integrated Dashboard with the team, for all Government users for seamless tracking of data
- Coordinated with different cross-functional teams for successful monitoring and closure of critical live issues.
Product Manager
Godrej & Boyce
Mumbai
12.2020 - 04.2022
- Spearheaded the successful launch of 8 new product ranges, leveraging market trend analysis to guide product roadmap development and implementation
- Optimized the Seating portfolio through product rationalization, discontinuing slow-moving items and recommending new product introductions (NPIs) to align with market trends
- Leveraged competitor data analysis to generate insights and collaborate with cross-functional teams on product development
- Implemented dynamic pricing models for financial products based on cost and market conditions
- Understood the needs and expectations of customers segment-wise and positioned products accordingly
- Increased the visibility of new product ranges via displays on Godrej Experience centers across India
- Successfully identified 3 products for product development which were included in the development roadmap
- Listed products on e-commerce with relevant positioning
- Recommended and implemented collaborative furniture solutions for high-value B2B orders, ensuring seamless integration across different departments.
Assistant Manager
Vedanta
Jharsuguda
06.2017 - 06.2018
- Successfully led a Chinese team of SMCGC to meet the project deadlines
- Youngest GET to be promoted to the position of Shift In Charge of the entire Lining department where the responsibilities included ensuring product quality, speedy work execution, and effective utilization of resources.
Education
MBA: Marketing & Systems -
Xavier Institute of Management
06.2020
B. Tech -
VSSUT Burla
05.2017
Skills
- Team Management
- Payment Automation
- Product Management
- Digital Transformation
- Pricing analysis
- Product Launch
- API Integration
- UI Development
- Competitor Analysis
- Product Positioning
- Project Management
Accomplishments
- Launched the revamped journey for ICICI Forex prepaid card, which is an Industry’s first solution for all New to Bank customers
- Revamped the payment journey for Forex card customers reducing the overall dropouts by 80 percent
- Promoted to the position of Senior Manager within a year of joining the team
- Successfully reduced the TAT for an important functionality i.e. Payee Validation process which resolved the issues of multiple clients
- Successfully executed SFTP Migration which enhanced the current process by a great extent and presented the same to Department head
- Reduced payee rejection by 60 percent
- Developed and launched 2 products in record timeline of 1.5 months to address specific large queries at Godrej
- Awarded 4 Sabash cards at Vedanta for executing critical activities and contributing to product development
- Youngest GET to be appointed as the Shift In Charge at Vedanta
Timeline
Senior Product Manager
ICICI Bank
04.2022 - Current
Product Manager
Godrej & Boyce
12.2020 - 04.2022
Assistant Manager
Vedanta
06.2017 - 06.2018
Product Manager
ICICI Bank
MBA: Marketing & Systems -
Xavier Institute of Management
B. Tech -
VSSUT Burla