Sumit Kumar Email & Phone Number

Bengaluru, Karnataka, India

• Business Finance, Financial Planning & Analysis: Envisioned & executed an analytical framework and models to drive decisions that will optimize the financial performance of the Company, including financing, capital allocation, and RoTE. Reporting to the global business CFO responsible for driving business performance and analysis• Driving full scale IT Infrastructure, and transformation programs across the group businesses involving risk, complexity and huge change management exercise in legacy business environments across 800+ people• Leading a multi million investment over a period of 2 years into a bank wide project on trading book wind down as a part of regulatory requirement involving: credit and market risk stress testing, liquidity profiling, exit cost and business engagement, liaison with regulators and Bank of England representatives• Financial Management: Lead business performance and impact analysis from economic, business and regulatory framework, performance matrices management, forward looking strategy vis-à-vis competitors via economic outlook, client analytics, business strategy and its comparison with forecasts, KPI matrices and presentation styles.• Business Transformation: Lead assessment, prioritization, and scoping of the activities to build a finance transformation roadmap. Specialist at finance operations in driving high performance team culture, skills of the future, strengthening people engagement and collaboration.• Risk & Control: Designed, planned and implemented Risk & Control, ensuring strong business continuity, proactive risk excellence culture, rigor on control monitoring and escalations, sharing of firm wide control best practices• Strategic Collaboration: Interfaced with the CFO for the monthly business review and with the Senior Management on key Financial, business, and operational metrics.

Bangalore

Direct reporting to Financial Markets CFO; partnering with global teams for managing 5 regions with a topline growth of $5 billion in Financial Markets• Reporting: Handled accountability for management reporting to Senior Management. Managed board deck and related reporting’s with accuracy and analysis• Project Management: Strategized and lead multiple cost-saving projects achieving savings of 17% cost over last year. • Stakeholder Management: Lead the development and implementation of stakeholder management strategies. Represent Product Control – FP&A at India franchise level, manage site infrastructure and share best practices for FP&A• Automation: Adoption of technology platforms and digital tools, building culture of efficiency and continuous improvement, creating best practice forums, front to back alignment• Team Leadership: Traversing transformational journeys and developing leaders for the future

Mumbai Area, India

Handpicked to lead functional cross border teams for sector and executive decision support of the Institutional Client Group business, across 2 geographies to drive the financial planning and analysis by bringing business and industry knowledge, leadership, motivation, and a greater level of financial acumen to the bank.Accountable for overall performance including delivery, driving continuous efficiency, incorporating tools of the future, ensuring business continuity and a strong risk culture, including:• Business Strategy & Support (lead all forward looking analysis globally – budgeting and planning, end to end process redesign, identify pain areas and provide recommendations for a more efficient and effective budget process, monitor strategy with respect to annual budgets and perform variance analysis that compare strategy with forecasts, investigate variance and provide analysis of differences with focus on improving performance across the bank’s Investment Banking platform).• People & Leadership (Led shared services organizations to support Citi’s ICG: Markets and Banking performance & analytics) and Executive Decision Support across Mumbai and Costa Rica (shared services). • Auditing (conduct and finalize quarter/year-end financial statements, profit/loss account, annual reports, etc. as well as US GAAP/ SEC requirements including consolidation of business financials, evaluate with internal and external auditors to mitigate financial, business and operational risks).• Business Analysis (P&L and B/S analysis using trends, audit implementation for all Markets & Banking businesses in Citi. Perform the key role of validating business plans, commercial strategies for maximizing profitability & revenue generation in line with corporate goals).

Mumbai Area, India

Set up cross border functional teams responsible for delivering to 4 global regions and overseeing monthly, quarterly, and annual close and coordinate forecast, annual budget, and strategic financial plan. Key contribution to EUR 8.5bn rights issue for DB shareholders• Set up and led cross functional teams across Mumbai and Manila for global logistics services support business line (cost $2bn). • Accountable for overall performance including delivery, responsible for driving group Management Discussion & Analysis (MD&A) – statutory reporting and closely work C-suite senior officers. • Accountable for publishing results externally and maintain a close functional relationship with external law firms and auditors. • Key contributor to provide inputs into a prospectus to raise new common equity EUR 8.5 bn (rights and ex-rights issue) to help Deutsche Bank run smooth, managing key accounting/regulatory issues, setting up of business split, relevant regulator in coordination with business & various support functions. Test and Implement Technical Standards (ITS) for CRD IV framework (Basel III) to EBA (European Banking Authority) under FINREP guidelines in line with regulatory reporting guidelines.

Mumbai Area, India

Sales proposal writer and support senior management for market specific strategies in products like custody, securities lending, administration and transfer agency, performance and compliance monitoring, transition and client onboarding. Prepare and execute strategies for maximizing profitability across markets in securities services division. Coordinate with pricing teams for most optimum pricing models and multiple stakeholders across multiple geographies in Europe and Americas. Clients included pension, retirement, mutual, endowment and private equity funds.

Gurgaon, India

Relationship manager and end to end deal lifecycle management of many top corporates in Financial Services and Auto Ancillaries sectors in North India. C-suite client interactions, detailed analysis of the industry, business and financial profiles of client organizations and industry benchmarking. Extensively experience with databases and credit scoring models for credibility checks to fund ($50m hold and syndication) transactions.

Pgdbm

Activities and Societies: Extempore, Marketing clubFull time 2 year post graduate diploma in management

M.S, Mechanical Engineering

Activities and Societies: ASMESumma cum Laude (passed with the highest honours) for Masters in Engineering - CGPA 4.0/4.0 Multiple.

B.E, Production And Industrial Engineering

Activities and Societies: tug of war, debate, extempore, quiz