Sumit Mathur

Product Manager

Gurgaon, Haryana, India28 yrs 4 mos experience
Most Likely To SwitchHighly Stable

Key Highlights

  • 26 years of experience in Investment Banking technology.
  • Led transformative AI projects in retail banking.
  • Established and managed large teams in India.
Stackforce AI infers this person is a Fintech expert with extensive experience in investment banking technology and AI-driven solutions.

Contact

Skills

Core Skills

Machine LearningNatural Language Processing (nlp)Software Development

Other Skills

AWSAgile MethodologiesAngularJSBusiness AnalysisCI/CDData AnalyticsDatabasesDerivativesElectronic TradingEquitiesEquity DerivativesEquity TradingExchange ConnectivityFIXFIX Protocol

About

Over 26 years of work experience in Investment Banking technology with good understanding of Cash Equities, Equity Derivatives, Fixed Income and Risk. 10 years of US experience at major investment banks at Wall Street like Salomon Smith Barney, Citi, and Lehman Brothers. Experience in setting up and running large teams (100 people+) in India development center of major investment banks.

Experience

28 yrs 4 mos
Total Experience
4 yrs 10 mos
Average Tenure
18 yrs 8 mos
Current Experience

Natwest group

5 roles

Director - GenAI Lead Retail Banking Digital Assistant Chatbots ( Cora )

Jun 2023Present · 3 yrs

  • Leading a transformative project utilizing generative AI to enhance our customer-facing chatbot. Elevating the customer support chatbot from simple interactions to sophisticated, personalized financial advice for retail banking clients.
  • Incorporated GPT-3.5 with robust guardrails for answering FAQs using RAG architecture—an unprecedented move for any major European bank. This achievement was widely covered in news media, including TOI in India.
Machine LearningLarge Language Models (LLM)Natural Language Processing (NLP)

Global Head Secured Funding Technology (Treasury)

Oct 2016May 2023 · 6 yrs 7 mos

  • Using Machine Learning to optimize Liquidity buffer for whole sale deposits.
  • Using Machine learning’s linear regression model for predicting life of a mortgage. This may help the bank in better decision making during securitization process thereby reducing funding cost.
  • Migrating Treasury’s first application on to AWS, the application would now leverage AWS services like S3 and RDS. Built fully automated CI/CD pipeline using Team city, Octopus, and packer.
  • Building new mortgage securitization platform using Microsoft BI technology.
  • Since a lot of business logic is written in stored-procedures introducing best practices of writing robust code, unit testing and automated regression testing approach.

Director - Risk Management Technology

Oct 2014Oct 2016 · 2 yrs

  • Managed several teams that support Counter Party Credit Risk for RBS’ investment banking franchise. The projects include collateral margin regulatory reform, SACCR, RDAR-BCBS239, capital optimization, controls and CAT , pre deal checks, and retirement of legacy system.
  • Responsible for operational activities across Risk technology (Credit Risk and Market Risk) like hiring, internal mobility, as well as project related synergies.

Director - Rates Technology

Jan 2012Oct 2014 · 2 yrs 9 mos

  • Managed teams that supported Rates trade booking and lifecycle management system; this includes Development, Testing and Support teams.
  • Made major contributions in streamlining Dev, QA and support processes, this involved streamlining prioritization, work allocation, tracking and reporting.
  • Worked on regulatory projects arising out of Dodd Frank and EMIR like Clearing, Transaction reporting, IPV (independent Price Valuations), etc.

Director - Equity Derivatives

Aug 2007Dec 2011 · 4 yrs 4 mos

  • Setup ED team from scratch. Streamlined hiring and on boarding by creating a hiring workflow, developed extensive domain training program. As a result the engagement model of India team evolved from extended teams, to component ownership, to eventually fully owned business functions (the software house model) over three years.
  • Provided a structure to the group by creating five sub teams, groomed next layer to help them effectively lead their teams.
  • Stake holder relationship management with the technology team and business in London, US and Hong Kong. Handled multiple teams and projects.
  • Created guidelines for team members on coding standards and best practices in C#/C++ and SQL. Created project management plan templates for investment and BAU projects.
  • Successfully designed, developed and delivered a loosely coupled n-tier structured retail product issuance-publishing system - Sirius. Devised migration strategy for switching the existing flow to Sirius. Sirius was designed and tested to support twice the current production volumes to make it future proof.
  • Designed market data noise detection system using statistical analysis.

Deutsche bank new york

VP at DMA Desk

Apr 2007Jul 2007 · 3 mos · Greater New York City Area

  • Managed Reg NMS project for DB’s Cash DMA desk.
  • Coordinated REG NMS testing including DB clients and exchanges.

Lehman brothers new york

Team Lead Exchange Connectivity (consultant)

Apr 2006May 2007 · 1 yr 1 mo

  • Exchange connectivity for Equities and Options trading
  • Built a gateway for Lehman Brothers named CEL for consolidating connectivity and creating Lehman’s “Dark Pool” of liquidity. Written in core Java the gateway provided connectivity to various FIX and non FIX equity/options exchanges and ECNs like NASDAQ, NYSE, Pipeline, BATS, ITG POSIT.
  • CEL performed normalization and de-normalization of FIX messages using rules engines. It also converted FIX message to non FIX protocols like OUCH, CMS, etc.
  • Integrated Unimod’s state machine with the application to handle race conditions.
  • Trained team members in carrying out FIX certification with various exchanges. The team was spread between US and India.
  • Core Java, Linux, appia, ant, CVS, FIX, OUCH, Tibrv, state machine.

Citigroup new york

Technical Specialist

Nov 2000Mar 2006 · 5 yrs 4 mos · Greater New York City Area

  • Program Trading Management System (OMS)
  • Developed connectivity from ground up between PTMS and over 100 external PTMS customers over FIX protocol. Customized the FIX solution for various clients and provided production support as well. This helped the Program Trading desk go electronic.
  • Designed, developed and supported the Program Trading Application (PTMS). The application was written in J2EE platform using Java Swing (front end), java/EJB (middleware), and Sybase database (backend). Worked primarily on Server side and database changes.
  • Implemented Heat Maps, a very powerful visual tool for traders to gauge their portfolios performance against benchmarks like S&P500 etc.
  • Followed SDLC process for executing all projects in PTMS.
  • Worked, on a daily basis, with equity traders to create and implement customized strategic software solutions for them.
  • Java/J2EE, EJB, JDBC, Sybase stored procedures, SQL, MQ Series, Java Swing, Unix/Solaris, C/C++, Makefile, Unix shell scripts, sed and awk, perl, CVS, FIX.

Graphnet new jersey

Senior Software Engineer

May 1999Nov 2000 · 1 yr 6 mos · Greater New York City Area

Ascom timeplex

Software Consultant

May 1998May 1999 · 1 yr · Greater New York City Area

Lti - larsen & toubro infotech

Software Engineer

Aug 1997Apr 1999 · 1 yr 8 mos · Pune Area, India

Education

Georgia Institute of Technology

Master of Science in Analytics (Artificial Intelligence/Machine Learning)

Jan 2020Jan 2022

Madan Mohan Malaviya Engineering College (MMMEC)

B.E — Computer Engineering

Jan 1993Jan 1997

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