Shankar Paradkar

Business Development Executive

Mumbai, Maharashtra, India9 yrs 8 mos experience
Highly Stable

Key Highlights

  • Led large-scale digital transformation initiatives.
  • Achieved 3x growth in loan disbursements.
  • Expert in managing fintech partnerships.
Stackforce AI infers this person is a Fintech expert with a strong focus on digital transformation and project management.

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Skills

Core Skills

Digital TransformationProject ManagementTrading SystemsDigital PaymentsData AnalyticsBanking ProductsCustomer OnboardingCkyc

Other Skills

FinTech PartnershipsLoan Origination SystemRisk ManagementSDLCWorkflow EnhancementsVisual Basic

About

Experienced Business Analyst with a Post Graduation in MMS- IT from Jamnalal Bajaj Institute of Management Studies (JBIMS) with a demonstrated history of working in the information technology and services industry. Skilled in Analytical Skills, Business Analysis, Requirement Gathering, Project Management, Strong Business development professional With over 7+ years of experience across digital banking, enterprise technology, and financial services transformation, I lead large-scale initiatives that reimagine lending, Broking Application, and customer engagement across evolving financial ecosystems. Currently serving in a senior technology and digitization leadership role at L&T Financial Services, I drive digital lending platforms, API-enabled ecosystems, and enterprise transformation programs that support high-growth financial environments. My experience spans end-to-end service delivery, infrastructure and application transformation, fintech partnerships, and modernization of digital channels, from self-service platforms to assisted customer journeys. Over the years, I have developed a strong techno-functional foundation shaped through roles across leading institutions, including Axis Bank, Kotak Bank, & IIFL and enterprise technology programs built on Infosys Finacle. This journey has provided deep exposure to digital lending, core banking transformation, API banking, payments ecosystems, regulatory platforms, customer onboarding frameworks, and large-scale program delivery across Tier-1 banks and NBFCs. Key areas of impact include: ✔ Scaling digital lending ecosystems and partner-driven distribution models to accelerate business growth ✔ Enabling fully digital customer journeys that significantly reduce manual intervention and turnaround time ✔ Delivering national-scale digital banking capabilities, including onboarding, remote verification, and automated decision platforms ✔ Driving process re-engineering, architecture simplification, and operational efficiency across infrastructure and application landscapes ✔ Building and leading high-performance teams across technology, operations, and business functions Beyond execution, I am deeply committed to shaping the future of financial services through responsible innovation, intelligent automation, and customer-centric platform design. I enjoy solving complex transformation challenges, aligning technology with business vision, and building collaborative ecosystems that deliver measurable outcomes.

Experience

9 yrs 8 mos
Total Experience
2 yrs 6 mos
Average Tenure
2 yrs
Current Experience

L&t finance

Senior Information Technology Business Analyst

May 2024Present · 2 yrs · Mumbai, Maharashtra, India · On-site

  • Spearheading FinTech Partnership initiatives for the Consumer Financing segment at L&T Finance.
  • Working on Digital Transformation Projects across D2C lending domain particular in PL , Co-lending
  • Elevated large partnership business within 18 months through high-volume digital lending models
  • Enabled 3× growth in loan disbursements by transforming digital sourcing, underwriting logic, and customer journeys
  • Reduced manual touchpoints by 60% and turned approval timelines from days into minutes using STP lending frameworks
  • Expertise in managing and executing projects as per the planned scope within defined timeline
  • Working on multiple projects to reduce manual intervention in the existing LOS with focus on improved TAT and simplification of user journeys
  • Improvised existing Loan Origination System as per regulatory and compliance guidelines
  • Managed End-to-end implementation of project cycle including requirement analysis, creating business requirement document, system integration, performing UAT, deployment and support activities.
Digital TransformationFinTech PartnershipsProject ManagementLoan Origination System

Iifl (india infoline group)

Information Technology Business Analyst

Sep 2020May 2024 · 3 yrs 8 mos · Mumbai, Maharashtra, India · On-site

  • Experienced Business Analyst driving innovation and user-centric solutions in the financial services industry overseeing Trading Systems (Trading Technology), Algo, Mobile, Web & Desktop Trading Platforms, Risk Management System and Digital Payments.
  • Proven track record in building Trading (Algo, Colo, HFT and Retail) and Payment ecosystem.
  • Coordinated multi-functional teams from Development, QA, production support, and other areas on projects.
  • Managing teams in shifts and extended hours to support Operations and Business Continuity drills
  • Involved in various Senior Management aspects of recruitment, performance measurement, Training.
Trading SystemsDigital PaymentsRisk Management

Kotak mahindra bank

Information Technology Business Analyst

Sep 2019Sep 2020 · 1 yr · Mumbai, Maharashtra, India · On-site

  • Business Analyst in Data Analytics domain of Banking sector
  • Created data model for Banks to fulfill their reporting and analytics requirement
  • Strong understanding of the banking source system data and banking products
  • Strong understanding of the banks reporting and analytics requirements
  • Effective engagement with Bank's stakeholders such Operations, IT, Risk, Product, and BIU for understanding their requirements
  • Created wireframes for Banking CEO dashboards
  • Delivered projects in Wholesale Banking and Retail Banking
  • Good knowledge of various phases of SDLC using Agile and waterfall methodologies
  • Team leads skills with effective coordination with developers, testers, analyst, BAs and Project Managers.
Data AnalyticsBanking ProductsSDLC

Tss consultancy pvt ltd

Information Technology Business Analyst

Sep 2016Sep 2019 · 3 yrs · Mumbai, Maharashtra, India · On-site

  • Business Analyst with experience of designing the CKYC and Customer onboarding modules
  • Key Accomplishments:
  • Automated CKYC number generation for over 1 million customer records, ensuring full adherence to RBI compliance standards.
  • Designed and implemented workflow enhancements that resolved 75% of operational pendencies, resulting in substantial efficiency gains.
  • Strategic Contributions:
  • Led initiatives to streamline employee onboarding, aligning compliance, HR, and IT workflows to reduce onboarding time and resource overhead.
CKYCCustomer OnboardingWorkflow Enhancements

Education

Jamnalal Bajaj Institute of Management Studies (JBIMS)

Master of Business Administration - MBA — Information Technology Project Management

Jul 2020May 2023

Pillai College of Engineering

Bachelor of Engineering - BE — Information Technology

May 2015Present

Vidyalankar Institute Of Technology

Diploma in IT — Information Technology

Jan 2008Jan 2011

St. Pauls School

SSC

Jun 2008Present

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