Headline

Product @ Backbase | ex-Axis Bank | Forward Deployed AI solutioning in FinTech | Digital Banking, Payments & Business Finance Solutions | TKMCE ‘21

About

TLDR: I build and manage fintech products, while watching an unhealthy amount of football. I enjoy making kafkaesque (not apache, but the franz one) systems feel simple and easy to use, minus the magical realism. I specialise on building a wide range of AI digital banking capabilities - payments, lending, credit, income assessment, risk management, IDAM, invoicing and expense management, feature & cross-partner integrations, compliance frameworks (to name a few). In a real world social dynamic, it translates to easier and faster banking experience for the customers; better clickthrough, reduced opex costs and more revenue for the finstitutions. Win-win for both parties. Since July ‘26, I’m building AR/AP and Invoicing capabilities at Backbase BV. Previously, I was part of Axis Bank's Arise Cohort 2022, and handled Digital Retail Lending products (4W, 2W, Used Car, Commercial Vehicles, Construction Equipments) for Digital Business and Transformations (DBAT) vertical (‘22-‘26). In other news, I watch the Premier League. A lot. My weekly mood is largely dictated by how Manchester United play, and I’ve made peace with that. But if you’re up for some football banter, I’m always ready to throw hands.

Location

Hyderabad

AI stack

antigravity

claude

cursor

github copilot

lovable

Figma Make

Work experience

Product Manager at Backbase, Jul 2026 - Present · 4 mos, Hyderabad, Handling Accounts Receivable (AR) / Accounts Payable (AP) and Invoicing portfolios under Business, SME and Commercial Banking vertical. Building one-stop solution which acts as a single source of truth for all trade finance related needs of an SME - having AR/AP and payment particulars, Invoices, Expense Management over multiple accounts, Billing etc.

Product Manager - Digital Lending at Axis Bank, Nov 2024 - Jun 2026 · 1 yr 8 mos, Mumbai · Hybrid, Auto Loans portfolio + added portfolio of Commercial Vehicles / Construction Equipments (CVCE) • Built & delivered ₹8000 Cr (€720M+) portfolio CVCE digital lending journey ground up using AI-SDLC in June '26. • Built & Launched Instant Top Up Loan journey (Initiation to Disbursement in 5 mins) in July '25 (Portfolio of ₹300 Cr / €28M) • Boosted portfolio sales adoption by 84%; reduced post-sanction TAT by 38%. • Enhanced Account Aggregator based Income Assessment across multiple products; Achieved 140% AA targets for the FY. • Built UTM based digital campaigns, taking leverage of Google Analytics & Clevertap, enhanced clickthrough and initiation rates.

Product Owner at Axis Bank, Oct 2022 - Nov 2024 · 2 yrs 2 mos, Mumbai · Hybrid, Handled Auto Loans (4W, 2W, Used Car) portfolio in Maximus Lending Platform • Rewired Income Assessment capability for the bank across multiple products - Funnel improved by 40%. • Secondary PO responsible for the Co-Applicant workflow enablement and post-launch adoption in Auto Loans. • Integrated new FOIR based Bureau-Credit-Risk system complying RBI DLG. Business numbers up by 28%, risk down by 45%. • Undertook several feature deliveries, API integrations, implementation, testing, debugging, and adoption drives. • Streamlined Observability and data analytics processes for the portfolio.

Education

Bachelor of Technology, Civil Engineering, TKM College of Engineering , Kollam

Bachelor's degree, Civil Engineering, APJ Abdul Kalam Technological University

Public links

rithwikmohalal.onhercules.app: https://rithwikmohalal.onhercules.app/