SUMIT KUMAR, MBA, CAPM®
VANCOUVER,Canada
Summary
With over 10 years of diverse banking and IT experience, currently working as Operations admin at Royal bank of Canada, where I deal with the financial and operational risk side of the bank. I hold a master's degree in business administration and I am a FRM I candidate, demonstrating my commitment to advancing my skills and knowledge in risk management.
Previously, I worked as a manager at State Bank of India, India's leading bank, where I handled various portfolios of lending, such as real estate, SME, retail, commercial, and agricultural lending. I generated business leads, managed branch operations, mitigated fraud risks, and maintained a zero NPA rate for the commercial loan exposure. I also have 3.5 years of experience as an application developer at Infosys, where I used various technologies such as JAVA, JavaScript, JSON, .Net, C++, and IBM Cognos Analytics. I am passionate about applying my analytical and problem-solving skills to optimize business processes and outcomes.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Associate Operations Administrator
RBC Royal Bank
03.2024 - Current
- Evaluated current operational practices and suggested improvement strategies.
- Consistently met deadlines under high-pressure situations demonstrating strong multitasking abilities.
- Manage the operational risk during the foreign currency dealer transaction, ensuring compliances such as FATCA & local country regulations where the transaction is being effected.
- Prepare Customer Due Diligence, dormant/inactive account reactivation as part of clients Know-Your-Customer policy
Operations Risk & Admin Associate
HSBC Canada
12.2022 - 03.2024
- Identify and manage applicable Anti-money Laundering (AML), terrorist financing (TF), sanctions & reputational risk
- Manage the operational risk during the foreign currency dealer transaction, ensuring compliances such as FATCA & local country regulations where the transaction is being effected
- Conducting monthly team meetings and keeping track of the trainings & development of the team
- Performing & managing regular sundry tasks, closing of accounts, bankcard maintenances, cheque ordering, Iron Mountain retrieval of credit files, pulling Mortgage payments manually, interest/fee corrections, submitting for dormant reactivates, transfer out(T2033), legal orders
- Prepare Customer Due Diligence, dormant/inactive account reactivations as part of clients Know-Your-Customer policy
- Validating and processing RRSP/TFSA & mortgage payment/redemption request from specialist.
Manager Approvals & Sanctions(Credit)
STATE BANK OF INDIA
06.2021 - 11.2021
- Headed retail & business loan department of one of the biggest branches of the bank
- Generated business leads through relationships, building connections, and converted prospects into customers of the bank with high conversion rate
- Onboarded over 28 reputed builders of the city under builder tie-up finance and project finance
- Managing branch operations leading a team of 12 employees handling over $90M advances portfolio
- Mitigated credit risks and other potential losses by managing sound security strategies such as extensive credit checks, pre/post sanction visits, loan management tools etc
- Delegated authority for receipt, disbursement, banking, protection, and custody of securities, and loan documents
- Increased the retain loan portfolio of the branch by 20% MoM basis
- Ensured that asset management and credit monitoring process are followed strictly to avoid any NPA.
Deputy Manager/Branch Manager
STATE BANK OF INDIA
04.2017 - 05.2021
- The main task included onboarding of new HNI customers and providing them with premium customer service
- Onboarded record 51 new HNI customers of Indian Army in single quarter of financial year
- Acted as a liaison officer between the bank & the top officials of the army
- Achieved the yearly target of cross selling budget of the branch with over $8M mutual funds and Insurance policies
- Overseeing branch operations and leading a team of 8 as branch head, achieved yearly credit & operations budget
- Sourcing, Underwriting & bookkeeping of Retail & SME loans at the branch such as mortgage loans, auto & Home loans, Line of Credit, Term & Cash-credit (CC) loans.
Probationary Officer/Credit Analyst
STATE BANK OF INDIA
02.2015 - 03.2017
- Handled financial transaction such as cash deposits, withdrawals, bill payments and general ledger of the currency chest branch and ensuring proper daily reconciliation and closing procedures
- Processing of SME (business banking) proposals, analyzing the balance sheet and preparing the CRA/CMA reports of the respective firms
- Credit monitoring of the SME portfolio of the branch and ensuring nil NPA
Software Developer
INFOSYS TECHNOLOGIES PVT. LTD
10.2011 - 02.2015
- Worked for the application development of American Express Cards
- Used JavaScript, Json & C programming along with DBMS to plan, test, and implement various web-based applications
- Contributed to code reviews, debugging, and optimization of codeset.
Education
MBA - BUSINESS ADMINISTRATION
University Canada West
Vancouver, BC07.2022
B.Tech - Electrical, Electronics Engineering Technologies
College of Engineering - Bhubaneswar India
Bhubaneswar, India09.2011
Skills
- Retail Banking
- Tableau/Cognos
- Project Management
- Team management
- Sales & marketing
- Leadership
- Credit Analysis
- Credit risk management
- Retail & commercial lending
- Business banking
- Financial modelling & valuation
Certification
- Certified Associate of Project Management (CAPM)
- Certified Retail Credit Professional by SBI
- Investment Funds of Canada (IFC) by Canada Securities Institute
- Junior associate of Indian Institute of Bankers (JAIIB)
- AML & KYC certification by IIBF India
- Microsoft certified Azure fundamentals (Az-900)
Accomplishments
- Fast-track promotion to Deputy Manager at SBI
- Managed the REH (retail mortgage loan) portfolio of over $90 M at the branch with nil NPA
- Awarded for the outstanding performance for the cross-selling business at SBI
- Achieved outstanding rating (A) for the branch during the yearly Risk Focused Internal Audit
Languages
English
Full Professional
Hindi
Native or Bilingual
Timeline
Associate Operations Administrator
RBC Royal Bank
03.2024 - Current
Operations Risk & Admin Associate
HSBC Canada
12.2022 - 03.2024
Manager Approvals & Sanctions(Credit)
STATE BANK OF INDIA
06.2021 - 11.2021
Deputy Manager/Branch Manager
STATE BANK OF INDIA
04.2017 - 05.2021
Probationary Officer/Credit Analyst
STATE BANK OF INDIA
02.2015 - 03.2017
Software Developer
INFOSYS TECHNOLOGIES PVT. LTD
10.2011 - 02.2015
MBA - BUSINESS ADMINISTRATION
University Canada West
B.Tech - Electrical, Electronics Engineering Technologies
College of Engineering - Bhubaneswar India
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