Abhishek Chaudhary
Summary
Accomplished Vice President - Technology Solutions with a proven track record at OCBC, I excel in digital business transformation and team leadership. Spearheaded strategic initiatives, delivering significant ROI through automation and process improvements. Skilled in business analysis, solution design, and adept at C-level stakeholder management, I drive successful outcomes in complex environments.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Vice President - Technology Solutions
OCBC
2021.10 - Current
- Reporting to Executive Director and leading a team of 6 AVPs’ spearheading the Technology Solutions covering strategic digital automation initiatives for Treasury Operations and Global Markets (Business).
- As a vertical lead providing strategic solutions for large scale projects (value multi-million dollars) such as Regulatory reporting (CFTC, MAS & ASIC rewrites), Legacy application modernization, Realtime Cash Flow Reporting Automation, Static data creation and maintenance in real-time and Digital Operations initiatives.
- Delivering value to senior stakeholders (MD & above) in the form of capacity creation (Head count reduction), Risk reduction, cost avoidance and increased ROI via automation and STP of manual processes.
- Leading the team to guide them on their development plan, gathering all the shortcomings/pain points from Treasury Operations and design solutions for automation to drive STP rate.
- Playing the role of Tech Solution Lead/Lead Business Analyst for Digital Operations initiatives and directing the Development team, Testing Team on latest system designs (latest tech stack) and features for the timely delivery of the project.
- Preparing the business paper and other solution documents, for various initiatives and submitting the same, for COO & CEO Approval.
- Creating & presenting solution design, to all the stakeholders (Enterprise Architects, Development Leads, Testing Leads, etc.). Participating in Project Steering Committee and providing updates to all the stakeholders along with Project Manager
Associate (Senior)
JPMorgan Chase Bank NA
2018.10 - 2021.09
- Reported to the Executive Director, as an individual contributor, as BA/PM fronting the Regulatory Reporting Technology for the upstream system migrations, impacting the Regulatory Reports. Executed multiple strategic initiatives on behalf of Banking Regulatory Reporting team.
- Updated all the stakeholders, every week, with a one-page report of compliance of Project status-update/project plan.
- Led the data on-boarding for sourcing data from upstream system to Regulatory Reporting DWH, meeting the Regulatory Reporting requirements for APAC, EMEA and LATAM.
- This end-to-end activity involved upstream engagement, data landing and data testing & sign-off by Regulatory Operation Users.
- As the data champion for banking systems, performed attribute data analysis/mapping, capturing Payments/Accounts/Liquidity as well as Trade Finance Data, for the requirements of Regulatory Reporting.
- Played the role of the product SME to design Regulatory Model (LDM) – Payment Model, Deposits Model and Trade Finance Model, for strategic in-house application (Business Driven Model), catering to Regulatory Reporting.
- Engaged the upstream along with the Product Owners, on the budgeting exercise, for the Book of Work determination and the capacity allocation, for the next year.
Business Analyst
U3 Infotech Pte Ltd (Client - TCS/Deutsche Bank)
2016.01 - 2018.10
- Reported to the Vice President, as an individual contributor, gathering requirements for new Regulatory Reporting, along with collected Change Requests (CR) initiated by Business Users, to perform the feasibility study.
- Created the scope of requirements, for specific releases, throughout the year, based on the effort estimates (capacity)/criticality (requirements) and the budget, allocated.
- Designed User Stories, conducted interviews with Business Users, for requirements and prepared the Functional Specifications, while submitted weekly status updates to the Program Manager.
- These specifications included AS-IS/TO-BE data flow diagrams, Current & End-State system design, Data Sourcing details (Front Office applications), Data mapping, functional logic (to enrich data), interface details and functional data dictionary.
- Drew up & monitored the Project Plan, for the changes in scope, ensuring avoidance of any scope creep, after the start of the project.
- Ensured the delivery of scoped requirements/user stories, aligning same with specific releases, throughout the project life/Sprint cycles.
- Conducted training sessions to/demonstrations for the Business Users, on the use of new reports and the changes deployed on the Production environment.
Senior Consultant - Domain
Wipro Technologies
2012.08 - 2016.01
- Reported to the Managing Consultant - Domain, interviewing Business Users to gather requirements and create Functional Specifications, in a project.
- The documents included AS-IS/TO-BE Process Maps, Current/End-state system design, Data Sourcing details, Data mapping, functional logics, interface details and functional data dictionary.
- Communicated with the client, on a daily basis, for the Change Management, clarifying and finalizing requirements.
- Identified & resolved all the risks/issues & dependencies, of the project, by coordinating with key stakeholders.
- Guided a team, in an endeavor to deliver high-quality solutions, to the issues identified and agreed to the escalation levels.
- Conducted training programs, in the Financial Domain, using the sound knowledge of various operations and products, across the financial world.
- Provided help to the development team in understanding the functionality of the product (being developed) and acted as a point-of-contact for any clarifications, on functional specifications of the application
Team Leader - Asset Servicing
Northern Operating Services Pvt.Ltd
2008.05 - 2012.08
- To identify the root cause of the Processes under Remediation and implement solutions for stabilization.
- To analyze and address process inefficiencies in relation to Operational Risk
- To document the Process Maps for new processes and identify any gaps and dependencies for improvement.
- To lead the control review and SOP (Standard Operating Procedure) review
- To ensure that all the deliverables are completed before deadline. No SLA breaches.
- To ensure all documentation (SOP, Process Maps, KPI’s & KRI’s) are up to date.
- To ensure that there are no escalations from client or Onshore team
- To take monthly 1:1 with direct reports and provide them constructive feedbacks.
- To provide support & guidance to each team member and groom them for the next level.
- To provide conceptual training to every new joiner.
- To look into the control reports and aged cash exceptions in TLM (Cash Reconciliation tool)
Education
Masters in Financial Analysis - Finance
ICFAI University
Tripura, India04.2008
Bachelor of Commerce (Accounts Honours) - Accountancy
Patna University
Bihar, India05.2007
Skills
- Team Leadership
- C level Stakeholder Management
- Relationship Building
- Decision-Making
- Critical Thinking
- Complex Problem-Solving
- Digital Business Transformation
- Business Analysis & Solution design
- Solution & Business Architecture
- Product Management
- Project Management
- Agile Project Delivery
Certification
- Certified Scrum Master (CSM)
- Certified Scrum Product Owner (CSPO)
- ITIL V3 (Foundation) certified in ITSM
- PRINCE2 (Practitioner & Foundation) certified in Project Management
- Chartered Financial Analyst (CFA) - ICFAI
Timeline
Vice President - Technology Solutions
OCBC
2021.10 - Current
Associate (Senior)
JPMorgan Chase Bank NA
2018.10 - 2021.09
Business Analyst
U3 Infotech Pte Ltd (Client - TCS/Deutsche Bank)
2016.01 - 2018.10
Senior Consultant - Domain
Wipro Technologies
2012.08 - 2016.01
Team Leader - Asset Servicing
Northern Operating Services Pvt.Ltd
2008.05 - 2012.08
Masters in Financial Analysis - Finance
ICFAI University
Bachelor of Commerce (Accounts Honours) - Accountancy
Patna University
- Certified Scrum Master (CSM)
- Certified Scrum Product Owner (CSPO)
- ITIL V3 (Foundation) certified in ITSM
- PRINCE2 (Practitioner & Foundation) certified in Project Management
- Chartered Financial Analyst (CFA) - ICFAI
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