Vaibhav Tongaonkar
About Vaibhav Tongaonkar
Vaibhav Tongaonkar serves as the A.Director of Payment As A Service (PaaS) Product Management (Strategy) at Volante Technologies, where he has worked since 2021. He has over 18 years of experience in the Payments and Financial Crimes sectors, previously holding positions at Oracle Financial Services Software Inc. and Wipro Technologies.
Current Role at Volante Technologies
Vaibhav Tongaonkar serves as the A.Director of Payment-As-A-Service (PaaS) Product Management (Strategy) at Volante Technologies. He has held this position since 2021, focusing on the strategic management of payment solutions. His role involves overseeing product strategy and development within the Payments domain, leveraging his extensive experience in the industry.
Previous Experience at Oracle Financial Services Software Inc.
Prior to his current role, Tongaonkar worked at Oracle Financial Services Software Inc. as a Managing Principal Consultant. His tenure spanned from 2015 to 2021, during which he was based in the Tampa/St. Petersburg, Florida Area. He also held a similar position at Oracle from 2008 to 2014 in Pune, New Jersey, accumulating a total of six years of experience with the company. His work involved leading initiatives in financial services and consulting.
Educational Background
Tongaonkar holds a Master of Business Administration (M.B.A.) in Finance from SIES College of Management Studies, where he studied from 2002 to 2004. He also earned a Bachelor's Degree in Architecture from Pillai's College of Architecture, affiliated with the University of Mumbai, from 1993 to 1998. His foundational education includes completing the SSC and HSC at Fr. Agnel Multipurpose School & Junior College, focusing on Science and Mathematics.
Expertise in Payments and Financial Crimes
Tongaonkar has over 18 years of experience in leading solution definition and product strategy in the Transaction Banking and Anti-Money Laundering domains. He has a strong background in building organizational capabilities in Payments, including SWIFT, ISO20022, and Cards, as well as in Financial Crimes, particularly in sanctions compliance. His expertise extends to crafting UI/UX and developing product roadmaps.
Career Progression and Early Experience
Tongaonkar began his career in 2003 as a Management Trainee at Shapoorji Pallonji & Co. Ltd. He subsequently held various roles, including Management Trainee at CORPORATION BANK and a position as Assistant Manager at BDO Haribhakti Consulting Pvt. Ltd. He also worked as a Senior Business Analyst at Wipro Technologies from 2005 to 2008, focusing on Capital Markets. His early experience includes a role as a B. Arch Trainee at Sabu Francis & Associates in 1995.