Ajit Ranade Email & Phone Number

Mumbai Metropolitan Region

Offering comprehensive guidance on all functional and domain-related aspects within the BFSI sector. Responsibilities encompass owning the product's functional capabilities and ensuring alignment with client and regulatory requirements. This involves the development and customization of regulatory reporting solutions. And providing Impact analysis due to frequent changes in Regulations by RBI and other Regulatory authorities.

Mumbai Metropolitan Region

Led team of onsite consultants and product consultants for building and customizing Reg Reporting solution to address central bank regulatory compliance requirements of UAE, Uzbekistan, Philippines, and India (RBI, NABARD, NHB and Govt of India).

Mumbai Metropolitan Region

Fintellix provides sophisticated financial solutions including Risk-Based Supervision modules, Business Intelligence (BI) software, DW Consulting, FATCA and Regulatory Reporting solutions tailored for banks. The role primarily involved contributing to product management and implementation from a functional standpoint. Played a pivotal role in designing prepackaged Regulatory Reporting and Data Repository (EDW) solutions tailored specifically for Indian bank customers as well as those regulated by APRA (Australia)

Mumbai Metropolitan Region

WSFL is a prominent financial institution specializing in offering comprehensive forex inward and outward remittance services to its clientele across India. Additionally, it serves as a principal agent for the renowned Remittance Company, Western Union. In my capacity as DVP Treasury &Operations, I assumed responsibility for overseeing the operations of WSFL's extensive network of branches spanning across the nation.

Mumbai Metropolitan Region

Provided guidance to clients on seamless implementation of Risk and Regulatory Reporting products. Spearheaded a pivotal project focused on automating Regulator Returns across esteemed financial institutions such as Barclays Bank, CTCB Bank, Westpac Banking Corporation India, and JP Morgan.

Mumbai Metropolitan Region

• Supervised Forex and Treasury department with a treasury size of INR 6000/- Cr.• Successfully established Integrated Treasury operations single-handedly, streamlining banking processes.•Was ALCO committee member, contributing to strategic decision-making.•Instrumental in setting up the Risk Management Cell and formulating the bank's Risk Management policy.• Introduced innovative Cash Credit account products to incentivize underutilized customer limits.• Ensured compliance with regulatory guidelines in all Treasury activities, enhancing trust and credibility.• Implemented comprehensive strategies to position the bank as a key player in the Money Market, Forex, G Sec, and Non-SLR securities segments.• Demonstrated leadership and strategic vision in optimizing banking operations and maximizing profitability.• Led initiatives to enhance customer satisfaction and strengthen market presence.

Mumbai, Maharashtra, India

• Served as Corporate Dealer and as FX Spot Dealer at IDBI Treasury.• Managed Cat B Forex Centers at 2 large branches, actively contributing to marketing and product development.•Played an active role in policy formulation and defining functions of the mid-office, issuing guidelines on AS11 and reporting of forex transactions.• Participated in drafting the Manual of Instructions and conducted inspections of Cat B Forex branches.• Liaised with Statutory auditors and RBI inspectors, ensuring compliance with regulatory requirements.• Provided support in compiling the ICCAP document, facilitating measurement of risks such as liquidity risk and concentration risk.• Was designated Manager for Regulatory Compliance for Trade Finance and Treasury operations.• Offered guidance and support to business units on policy and regulation queries.• Tracked regulatory changes, reviewed new product/process papers, and aligned local policies with Group policies.• Developed regulatory checklists and ensured incorporation of regulatory changes into appropriate policies and procedures.

Mumbai Metropolitan Region

• Enforced transfer pricing policies according to internal banking guidelines.• Conducted credit appraisal across various industry sectors.• Managed branches with turnovers ranging from INR 100 to INR 500 Crores.• Implemented Core Banking software, to enhance operational efficiency.• Established a "Centralized Loan Processing Cell" and integrated treasury operations for an overseas branch.• Conducted thorough pre- and post-disbursement evaluations to assess project viability.• Liaised with legal departments to obtain property title clearances for secured loans.• Executed loan documentation and mortgage deeds while ensuring compliance with formalities.• Conducted regular follow-ups for overdue recoveries, ensuring adherence to regulations.• Analyzed borrower projections, presented proposals for approvals, and managed post-sanction formalities

L.L.B, Law

B.Com (Hons), Business/Commerce, General, First Class (Hons)

Education record