Ajit Kumar

Ajit Kumar Email and Phone Number

SVP & Deputy Compliance Officer at Federal Bank @ Federal Bank
aluva, kerala, india
Ajit Kumar's Location
Aluva, Kerala, India, India
Ajit Kumar's Contact Details
About Ajit Kumar

Banking Technologist, worked in implementation of Core Banking System(CBS), Internet Banking and Mobile Banking, wide variety of payment applications including integration with e-Com applications and gateways. Application Developer, Database Administrator, and System Administrator for mostly Banking related projects. Worked with Java, J2EE using Spring, Hibernate, JSP, Rational Unified Process, Rational Rose, Requisite Pro.Worked with Finacle Banking Application, AIX 5, Tivoli Storage Manager, Oracle 10g, JTrac and Subversion.Implemented Oracle Data Guard for replication between sites. Also implemented Sanovi DRM solution for Disaster Recovery Management Automation.Managed IBM DS 8000 and DS 4700 storage and allocation for AIX and Windows clients.Server Virtualization - IBM LPARs, VMwareOracle Golden Gate data replicationApplication Performance Management using CA APM tools - Wily and NetQoSInternet Banking System - upgrade of OS, Database and Application.Mobile Banking - implementation of personal and merchant payment systemsSpecialties: Oracle Database (Administration, Performance Tuning), AIX, IBM p-Series Hardware, Unix Administration, Storage Management, Server Virtualization,Tivoli Storage Manager (TSM), Sanovi DRM, Server ArchitectureImplementation of integrated Treasury software for fixed income, equity and forex and derivatives segments - Finacle Treasury and FM Connect integrated with Finacle Core Banking for branch operations. Involved in Project Management, Requirements co-ordination between Bank and vendor, data migration and integration architecture. Integration of dealing platforms like Reuters and NDS OM to Core Treasury software for automatic deal flow and rate feed. From 2020 working in Compliance Department and driving the Enterprise Compliance Risk Management framework, incorporating regulation implementation, Compliance Risk tracker, obligation register, Compliance testing and quality management process. All these are being automated to an integrated system.Introduced Data analytics and Reg Tech processes in order to provide early indicators on Compliance breaches and implemented SAS Continuous Control Monitoring (CCM) integrating more than 10 source systems and collaborating with other control areas like Inspection and Audit, Transaction Monitoring etc. providing a single source of truth for all control data.Also leads the team who provides Compliance guidance to Fintech related areas which the Bank is active in.

Ajit Kumar's Current Company Details
Federal Bank

Federal Bank

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SVP & Deputy Compliance Officer at Federal Bank
aluva, kerala, india
Employees:
3762
Ajit Kumar Work Experience Details
  • Federal Bank
    Senior Vice President
    Federal Bank Apr 2023 - Present
    Aluva, Kerala, India
  • Federal Bank
    Deputy Compliance Officer - Head Regulatory Compliance
    Federal Bank May 2021 - Present
    Aluva, Kerala, India
    Vice President, Deputy Compliance Officer, heading Regulatory Compliance at Federal Bank. Also driving a project on Continuous Control Monitoring - using Data Analytics to ensure regulatory compliance in critical areas. Further co-ordinating with AML team on integrating conventional Anti-Money Laundering based on scenario alerts with Customer Due Diligence, sanction screening, trade screening etc, and use of AI/ML technologies to handle false alerts effectively.From 2020 working in Compliance Department and driving the Enterprise Compliance Risk Management framework, incorporating regulation implementation, Compliance Risk tracker, obligation register, Compliance testing and quality management process. All these are being automated to an integrated system.Introduced Data analytics and Reg Tech processes in order to provide early indicators on Compliance breaches and implemented SAS Continuous Control Monitoring (CCM) integrating more than 10 source systems and collaborating with other control areas like Inspection and Audit, Transaction Monitoring etc. providing a single source of truth for all control data.Also leads the team who provides Compliance guidance to Fintech related areas which the Bank is active in.

Ajit Kumar Skills

Banking Core Banking Internet Banking Oracle Virtualization Aix Performance Tuning Enterprise Software Ibm Aix Disaster Recovery Team Management Finacle Storage Management Mobile Banking Two Factor Authentication Unix Hardware Oracle Database Tuning

Ajit Kumar Education Details

Frequently Asked Questions about Ajit Kumar

What company does Ajit Kumar work for?

Ajit Kumar works for Federal Bank

What is Ajit Kumar's role at the current company?

Ajit Kumar's current role is SVP & Deputy Compliance Officer at Federal Bank.

What is Ajit Kumar's email address?

Ajit Kumar's email address is aj****@****ail.com

What schools did Ajit Kumar attend?

Ajit Kumar attended College Of Engineering Trivandrum, St. Albert's High School, Ernakulam.

What are some of Ajit Kumar's interests?

Ajit Kumar has interest in Software Architecture, Management, Java, Investments, Reading, Uml, Banking Technology, Spring Framework, Carnatic Classical Music, Religion.

What skills is Ajit Kumar known for?

Ajit Kumar has skills like Banking, Core Banking, Internet Banking, Oracle, Virtualization, Aix, Performance Tuning, Enterprise Software, Ibm Aix, Disaster Recovery, Team Management, Finacle.

Who are Ajit Kumar's colleagues?

Ajit Kumar's colleagues are Souvik Roy, Harirang S, Umanath S, Sarah Mary Camoens, Jagadeesh Muvvala, Rahul Raj, Gautami Ganesan.

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