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Experienced and obsessed senior product manager seeking to disrupt an evolving market of money movement. Whether it is fiat or crypto, the end goal is cheaper, faster, and secure.
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Head Of ProductPaymanNew York, Ny, Us -
Group Product ManagerNovo Jan 2023 - PresentMiami, Fl, Us- Responsible for the 0-1 launch of the Novo Credit Card (in-house card processing and card management)- Responsible for the department tasked to deliver the next horizon product features (R&D)- Manager of 3 senior product managers and their respective pods- Individual contributor: Product manager for tiger team which is responsible for the delivery of various strategic initiatives company-wide -
Senior Product ManagerNovo Mar 2022 - Dec 2022Miami, Fl, Us- Delivered Novo’s first Credit product from ideation to production launch by partnering and leading 80+ internal stakeholders across engineering, compliance, legal, and our bank partner. - Launched Novo’s Express ACH product, a same-day ACH solution for SMBs to move money faster. - Responsible for multiple pods consisting of a combined 2 EMs, 2 Lead Engineers (Full Stack), 2 Lead Designers, & 13 Engineers (FE + BE) -
Product Manager - Banking & FincrimeNovo Sep 2021 - Mar 2022Miami, Fl, Us- Product manager for the Core Banking set of capabilities (ACH, mRDC, Wires). Responsible for development and implementation of (1) new financial products that optimize cash flow / money movement & (2) fraud / transaction monitoring through agile and customer-first methodologies.- Lead 8 engineers and 2 designers to conduct user and market research to build the future of SMB banking across iOS, Android & Web -
Fx Cross Currency Solutions Product Manager - Vice PresidentBank Of America Merrill Lynch Sep 2019 - Sep 2021Charlotte, Nc, Us* Product lead for H2H FX payment solutions, cross-currency ACH, emerging FX payments and specific external partnerships. * Managed 2019 growth of 18%-25% and flat YoY growth in 2020 (during a market downturn in FX across the industry).* Responsible for E2E product roadmaps (client experience, vendor integration, tech, & ops) and investment spend of $5MM+ to launch new product offerings globally. Builds include feature functionality and new payment options.*Launched the newest FX payment option, Pay to Card. The offering delivers payments quickly and securely using debit card details in 120+ currencies into 170+ countries. -
Fx Solutions & Cross Border Payments - AnalystCiti Jan 2019 - Sep 2019New York, New York, Us* Worked with FX Desk, payments product group and Citi sales organization (TTS, CCB, GCB, FI) to pitch, price & package FX solutions.* Helped manage Citi’s premier cross border payments product, WorldLink & CBFT.* Executed and developed a strategy to position product against Fin-tech players and grew a network to include mobile wallets. -
Optimization Sales & Cards Data Insights - AnalystCiti Jan 2018 - Dec 2018New York, New York, Us• Worked with Sales, Product, and Visa/MasterCard to price and pitch largest NA commercial card program, SmartPay3 (GSA - $10B+ Volume). • Focused on portfolio growth for both Corporate & Public Sector books through cross-sell opportunities and rebid retention. Used client data, McKinsey benchmarking, and sector trends to target low penetrated markets as well as build a strong pipeline through CCB partnerships. • Projects: ScoreCard (US & Canada – Corp & Public Sector), Pitch Decks (Client Conference, GSA Training), Spend Data Analytics (Maximize spend with high interchange requirements, Pricing Model enhancements), Legal (Contracts, Rebate & Sign On, Merchant Associations, Pricing).• Built client incentive comparison tool and reengineered reference database protocol through client data to ensure higher switching costs.• Managed book of combined $1.4B spend clients (State of Texas) and completed payment file analysis to optimize card volumes and usage. -
Na Pricing & Financial Modeling - AnalystCiti Jul 2017 - Dec 2017New York, New York, Us• Lead the efforts behind a billing leakage project across the NA business that captured $3.5MM in revenue, which annualized into $12.5MM in 2018. Additionally, completed data analysis to determine key revenue drivers and model inputs that will have (+) financial impact to bottom line.• Worked with business and sales partners to price $MM cash management deals, conducted working capital analysis to sell cross-product opportunities, and assessed liquidity and relationship reviews for multiple RFP proposals. • Designed and implemented a management system and cross-functional dashboard for account analysis using Tableau and Microstrategy for NA Corporate Accounts. The dynamic model serves as a client dictionary to reference when modeling future growth business. -
Na Emerging Payments - InternCiti Jun 2016 - Aug 2016New York, New York, Us• Crafted an end-to-end B2C and B2B competitive and market analysis for Payment Exchange, an integrated payment solution for suppliers and clients, for upper management to determine their financial investment in market-awarded Zelle and future product enhancements. • Partnered with cross-functional teams to strategically plan for investment spend of $120MM to commercialize emerging payment products and seek strategic partnerships with Fin-techs and other banks.• Assisted in multiple pricing deals for Present and Pay for Business product (Hilton–100M, and PG&E-3MM) to help clients consolidate current payment infrastructures and maximize working capital and cash flow. • Analyzed cash flows and invoice data for 10K+ monthly invoices to target specific Industrial and C&H clients for future business opportunities. -
Discovery Intern (Banking And Securities Audit And Risk Analytics)Deloitte Jun 2015 - Aug 2015Worldwide, Oo• Rotational Internship between Audit and Financial Services Practices• Worked on a large engagement team for a Deloitte OCEO Audit client. Helped with the archiving processes, Q1 documentation, and analytical procedures using Deloitte software.• Joined a smaller risk analytics team for a Deloitte OCEO Advisory client. Helped create deliverables and run fraud testing while also participating in conference calls and team meetings.• Enhanced my knowledge on professional client services, Excel, AS2, and ACL while learning about personal branding and expanding my network. -
Liberty Mutual Insurance Leadership ConferenceLiberty Mutual Insurance Jun 2015 - Jun 2015Boston, Ma, Us• Participated in a highly selective leadership conference for three days in which we gained insight on the culture and market offerings of Liberty Mutual Insurance• Worked with a team of three other students and two LMI professionals in a finance case competition• Learned about the firm and finance track through seminars and panels held by executives across the many functions• Won the award for best tweeter during the three day conference -
Work StudyBoston College: Office Of Marketing Communications Sep 2014 - May 2015Chestnut Hill, Ma, Us• My responsibilities included various receptionist position tasks, working on marketing projects (Boston College Magazine), and helping organize the office. -
Business Development & Strategy InternEdi.Ermes America May 2014 - Aug 2014• Helped optimize cash flow efficiency, digitize P-Card and T&E internal programs, and create brand awareness across the medical market.• Researched and used commercialization strategies to market global kinesiology medical equipment across various distribution channels.• Focused on executing data-driven business strategy to establish US presence and expand into hospitals, medical conferences, etc.
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TutorKumon Jul 2011 - Aug 2011Rutherford, New Jersey, Us• My responsibilities included tutoring and grading papers of students aged 2-12. Helped in the management of the office and improved proficiency of students in math and reading.
Akash Desai Skills
Akash Desai Education Details
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Boston CollegeInternational Studies -
Mcnair Academic High SchoolHigh School Degree -
Università BocconiAccounting And Finance
Frequently Asked Questions about Akash Desai
What company does Akash Desai work for?
Akash Desai works for Payman
What is Akash Desai's role at the current company?
Akash Desai's current role is Head of Product.
What is Akash Desai's email address?
Akash Desai's email address is desaiak@bc.edu
What is Akash Desai's direct phone number?
Akash Desai's direct phone number is +120191*****
What schools did Akash Desai attend?
Akash Desai attended Boston College, Mcnair Academic High School, Università Bocconi.
What are some of Akash Desai's interests?
Akash Desai has interest in Roller Coasters, Miami Heat, Economic Empowerment, Social Media, Traveling, Education, Lebron James, Science And Technology, One Tree Hill, Philadelphia Eagles.
What skills is Akash Desai known for?
Akash Desai has skills like Microsoft Excel, Financial Accounting, Hosting Events, Team Building, Leadership, Social Media, Research, Teamwork, Event Planning, Tableau, Microstrategy, Financial Reporting.
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