MerchantRMS Inc.Lead Product Manager
Mar. 2014 - Sep. 2021Chennai Area, IndiaMerchantRMS is an advanced risk management system designed to detect fraudulent transactions, enabling merchants worldwide to take business with confidence. Achievements: • Conceptualized, designed and executed several features such as Network packet Analyzer, Mail vouch, User Behavior analysis, Recommendation Engine, Reviewer Assistant, Fraud Retargeting, Persona and Fraud Clusters, bringing MerchantRMS at par with Market Leaders • Brought down fraud rates from 0.3% when I joined the company to 0.01% on account of the new features and tools • Manual review rates reduced from15% to 3% hence bring down the Op-Ex of our customers by 35% • Response time of the product enhanced to 350 ms from 500 ms despite the new tools and technologies added • Availability and Stability of the system enhanced to 99.9% uptime SLA hence increasing the confidence on our tool • Increased revenue 40% by bringing stand-alone tools which can be given to smaller merchants. • Brought in a sales-friendly Simulator engine. This brought in 60% increased closure in sales as the results were instantaneous • Brought down time taken for Manual review transactions from an average of 3 minutes to 30 seconds hence tremendously reducing op-ex costs by 30% • Increased Manual review accuracy from 90% to 99.99%. Brought in Fraud Retargeting, Reviewer assistant Bot and Similar transaction Analyzer features to assist in correct review decisions. Roles and Responsibilities: • Lead product strategy and execution across product lines. • Responsible for Product vision, Roadmap, Designing, Wireframing, Empathy maps, User Personas, Pricing, Product Strategy, Partnerships and cross-functional alignment to predictably grow revenue across our products. • Responsible for Key accounts Management to fortune 500 companies including Airlines, Payment gateways and Banks • Leading the entire product life cycle, from strategic planning and product vision through tactical activities and all the way to launch