SACHIN THAWANI
Managing Consultant - Payments SME
Oakville,ON
Summary
Self-assured, analytics-driven management consultant with more than 20 years working for banking, finance and fintech organizations. Management professional with proven ability to develop and implement strategic initiatives that drive business growth and improve operational efficiencies. Known for fostering collaborative team environment and adapting to evolving business needs. Expertise in project management and client relations, ensuring high-quality outcomes and client satisfaction. Proficient and fluent communicator with strong investigation, problem-solving and decision-making skills, combined with a pragmatic approach and sound business acumen. Possess excellent interpersonal, communication and organizational skills with proven abilities in solution design & architecture, team management, customer management and project planning. Dedicated to cost, process and resource optimization. Aspiring for a challenging role with an organization where my acquired skills and knowledge are fully utilized, in achieving organizational and career goals.
Overview
20
20
years of professional experience
5
5
years of post-secondary education
2
2
Years of post graduation
1
1
Certificate
Work History
Managing Consultant - Cash Management
KPMG LLP
Toronto, Ontario
06.2025 - Current
- Define program strategy and approach on implementing projects for 3 banking clients with good success rate.
- Manage a team of seasoned 8 to 10 product owners to drive business requirements based on industry experience for a greenfield project on US cash management.
- Provide industry insights and KPMG point of view on cash management modules especially payments (Fed, ACH and Swift wires), core banking (DDA and Term Deposits) and liquidity (Sweeps, Notional Pooling and Inter company Loans).
- Led cross-functional teams, ensuring seamless collaboration among members for optimal results.
- Drive integration approach and mechanism (like API vs MQ vs feeds) with different partner teams within the banks.
- Develop functional solution architecture and devise a release plan based with go to market strategy.
Managing Consultant
Bank of Nova Scotia
Toronto, Ontario
08.2024 - 06.2025
- Payments SME in wire transfers assisting bank with ISO implementation for CBPR+ MX Payloads
- Managing the team of BSAs to support legacy payment engine replacement
- Developed analysis methodologies and task requirements for legacy implementation and ISO implementation project initiatives in tandem with senior management.
- Strategize, evaluate and analyze impact of the AS IS payments landscape with legacy payments engine to the TO BE state with nw payments engine.
- Understand and create the view of the current wire transfers implementation and the new payments platform
- Provide conclusive insights to leadership to take decisions for formulating the project roadmap and secure funding.
- Conducted in-depth research into accounting model and provide recommendation for optimal solution.
Managing Consultant
IBM Canada Limited
Toronto, Ontario
03.2020 - 07.2024
- SME on Real time payments, especially for Canada with knowledge on Interac e-transfers and RTR Exchange
- Leading team of Senior Payment BSAs to define, develop and implement smart solutions within payment space including Real time Rail Exchange (Canada) , Payments Marketplace, Contextual banking, and Payaas platforms.
- Provide guidance and expertise for building data rich payment systems by implementing ISO 20022 Standards
- Define product backlog to build Payments as a service (PayaaS) platform for IBM Payments Center Canada for Real time payments, Interac e-transfers, wires, etc.
- Hands on experience within scaled scrum agile methodologies and practices including, daily scrum calls, Sprint Demos, Sprint retrospectives, etc.
- Interacted with Clients to understand their pain areas, define requirements and develop sophisticated solutions
- Create and define sequence diagrams, user story map and user stories, functional architectures, Interface agreements & designs, sprint panning and overall scope
- API based implementation with integration to queue-based systems and digital UI channels.
- Proven track record with successful end to end implementations of payment systems
Lead Business Analyst / SME
Intellect Design Arena - IGTB
Mumbai And Toronto, Maharashtra And Ontario
02.2016 - 03.2020
- Implemented Cash management solutions like Liquidity, Payments, CFF & Corporate Digital Banking platform
- Identifying, understanding client requirements to implement Interac compliant product, as part of payment modernization initiative by payments Canada
- Analyzing as well as mapping features to current product functionalities
- Defining go to market and product roadmap strategies by prioritizing requirements
- Enriching product to global standards for payments across regions
- Conducted Automation feasibility Study on KYC and AML process for one of Top 4 banks
- Creating Functional & Product fitment specifications, User journeys and stories, Use Cases and Traceability Matrix
- End to End Project management from Fitment Study to go Live
- SME in Cash Management i.e. Liquidity – sweeps, pooling, Intercompany loans, Investment prodcuts & Payments – Interac e-tranfers /Instant/RTR
Senior Business Analyst
D+H Financial Solutions Pvt. Ltd
Pune, Maharashtra
01.2015 - 02.2016
- GCP (Liquidity Management system)
- Managed product mapping & CRs, elicited and analyzed Business Requirement Document (BRD), User Requirement Specification (URS), Functional Specification (FSD), AS-IS and TO-BE modeling for migration
- Created Wire frame works and written Documents like FS, Approach notes and PDS
- Led Product development of Fundtech GCP Corporate Banking liquidity Product and contributed immensely in building Global Market compatible product.
Assistant Manager
Tata Consultancy Services
Mumbai, Maharashtra
11.2010 - 12.2014
- Business Analysis
- Facilitate system enhancements and automation
- Lead migration from legacy target balancing application to new sweeping platform i.e GCE
- Managed reporting of MIS/Performance statistics and delivered them to stakeholders within tight timeline.
Senior Team Member
Bank of America Continuum India
Mumbai, Maharashtra
03.2008 - 10.2010
- Managed and handled multiple operations for investment products Asset (Cusip) Setup, Corporate actions and settlements of Equity and Fixed Income products for US market (DTC), including incoming wire transfers repair.
Education
MBA - Business Management
Narsee Monjee Institute of Management Studies
Mumbai, MH 03.2009 - 06.2011
Bachelor of Commerce - Auditing And Finance
R. A. Podar College of Commerce & Economics
Mumbai, MH 03.2001 - 03.2004
Skills
Business Analysis, Solution architect, Product ownership and Project management Skills
Accomplishments
- Recognized and appreciated by client for designing solution for client account movement which facilitated Legal entity Simplification post Brexit.
- Delivered complex requirements regarding index linked term deposits with negligible defects.
- Received award for successful implementation of the sweeping platform.
- Kaizen certified in October 2012 for process improvement for 39 man-hours saved annually and for the process elimination project saving, 72 man-hours annually.
- Successfully implemented, Liquidity and Payment related products with top 5 banking client across North America, Europe, and south Africa.
- Successfully implemented Prominent payment system for Credit unions in Canada.
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
Design is not just what it looks like and feels like. Design is how it works.
Steve Jobs
Timeline
Managing Consultant - Cash Management
KPMG LLP
06.2025 - Current
Managing Consultant
Bank of Nova Scotia
08.2024 - 06.2025
AWS Cloud Essentials
05-2024
Managing Consultant
IBM Canada Limited
03.2020 - 07.2024
Lead Business Analyst / SME
Intellect Design Arena - IGTB
02.2016 - 03.2020
Senior Business Analyst
D+H Financial Solutions Pvt. Ltd
01.2015 - 02.2016
Assistant Manager
Tata Consultancy Services
11.2010 - 12.2014
MBA - Business Management
Narsee Monjee Institute of Management Studies
03.2009 - 06.2011
Senior Team Member
Bank of America Continuum India
03.2008 - 10.2010
Bachelor of Commerce - Auditing And Finance
R. A. Podar College of Commerce & Economics
03.2001 - 03.2004