Sumit Mehta

Sumit Mehta Email and Phone Number

Head of Project Management regulatory reporting @ HDFC Bank
Mumbai, MH, IN
Sumit Mehta's Location
Mumbai, Maharashtra, India, India
About Sumit Mehta

At HDFC Bank, my journey in steering high-impact digital initiatives and regulatory reporting projects has been marked by a relentless pursuit of excellence and a commitment to delivering transformative solutions. With expertise in delivery management and business process analysis, my focus is on driving efficiency and compliance within the financial sector.Leveraging my Certified Scrum Master credentials, I have fostered an environment that thrives on agile methodologies and effective stakeholder engagement. Our team's dedication to quality and strategic decision-making has been instrumental in advancing HDFC Bank's technological capabilities, ensuring that our digital products meet the evolving needs of our customers and the rigorous standards of the RBI.

Sumit Mehta's Current Company Details
HDFC Bank

Hdfc Bank

View
Head of Project Management regulatory reporting
Mumbai, MH, IN
Website:
hdfcbank.com
Employees:
205796
Sumit Mehta Work Experience Details
  • Hdfc Bank
    Head Of Project Management Regulatory Reporting
    Hdfc Bank
    Mumbai, Mh, In
  • Hdfc Bank
    Head Of Project Management
    Hdfc Bank Jul 2024 - Present
    Mumbai, Maharashtra, India
    Strategic Initiatives: Lead and manage high-impact strategic projects that align with the organization's long-term goals and objectives.Leadership & Team Management: Lead a team of professionals, providing guidance, mentorship, and fostering a culture of collaboration and continuous improvement.Project & Program Management: Oversee complex projects and programs, ensuring successful delivery through effective planning, execution, and monitoring.RBI Regulatory Reporting: Ensure compliance with RBI regulatory requirements by managing projects that focus on accurate and timely reporting.Digital Initiatives: Drive digital transformation projects that enhance operational efficiency and customer experience.Vendor Management: Develop and maintain strong relationships with vendors, ensuring quality delivery and adherence to contract terms.Stakeholder Management: Engage and manage key stakeholders across different levels, ensuring clear communication and alignment throughout the project lifecycle.
  • C2L Biz Solutions Pvt Ltd
    Product | Pmo | Engagement
    C2L Biz Solutions Pvt Ltd Aug 2019 - Jul 2024
    Mumbai Area, India
    C2L Biz Solution Ltd. is one of the leading Insurance Industry focused leading IT solution provider having range of innovative and state of the art solutions. I am monitoring all project tasks and ensure compliance to all timeframe and resolve all issues according to required project plan and administer everyday activities and assist to resolve all issues within organization. Setting out quality standards for various operational areas, ensuring a high-quality customer experience, while adhering to the SLAs and work processes.My Key Deliverables:Drive the overall business strategy and technology landscape, including Digital Product reengineering, technology infrastructure and architecture, organizational digitalization, and operational reengineering for Insurance users that resulted in lowered costs by 60%Streamline activities for project management and delivery management across all large scale from New Business and Distribution Management System projects and enhancements. E2E Implemented New Business product that provides real-time Insurance policies that lowered the costs by 80%.Work on Digitization Projects and multiapplication integration projects, such as PAS and other internal systems. E2E implementation of Automated the commission processes, KPI, contest, accounting & regulatory requirements through Distribution Management of AgentsDefine the digital strategies for the business and refine the product vision/annual roadmap by collaborating with a wide variety of business heads, group heads, and technology partners for automation requirements.Lead and deliver architecture views, technology roadmaps, and business strategies throughout Technology Lifecycle Deliverables.Partner with vendors, internal technology teams and internal business units to determine roadmaps, enhancements, and issue resolutions.Build a diverse team of talented, motivated professionals with the capability to support the transformational aspirations of the business.
  • Edelweiss Financial Services
    Chief Manager (Financial Services Domain)
    Edelweiss Financial Services Sep 2008 - Aug 2019
    Mumbai Area, India
    My Key DeliverablesPlanned, organized, conceptualized and executed one of the biggest in-house and vendor project in Edelweiss for Customer 360o with a team of 12 members.Performed Data Profiling and delivered Data Quality Reports (Tableau, Qlickview, Power BI) to stakeholdersReduced overall TAT of entire NBFC regulatory reporting by 50% of earlier TAT. Provided solution for a single source of truth for regulatory reporting, operations and all product and business heads. Handled ISO audit for 2 years consecutively with zero non- compliance for technology processImplemented DLP (digital lending platform) for personal loan, Auto loan, Two-wheeler and HL. Created user journey for Mobile application for Auto and Personal loan. Enabled quick digital disbursement through mobile app using E- KYC using AADHAR based OTP process.Consolidated applications having similar functionalities and removed redundant application which resulted in saving of Infra cost and release of 1.5 support resource.Defined data migration strategy for the loan management system and achieved a 90% success ratio for migration.Involved in migration activity of application to AWS to reduce infra cost by 50%.Collaborated with Tech Architect to streamline the releases and reduced the delivery timelines by 20%. Implemented TDD and also achieved 85% test automation for Customer 360 platform. Implemented Qlickview across project and achieved ~90% of the reporting requirements.Implemented SOA architecture for integrating LOS, AML verification, UCIC, Price feeds, ISIN data, Fintellix and internal data warehousing project.Implemented in-house / vendor projects across domains like, Margin Funding, Compliance, Portfolio Management, Retail Lending (LAS, MTF and ESOP funding).Implemented- RBI NBFC regulatory framework. Successfully implemented Fintellix for regulatory reporting for NBFC. Successfully evaluated and implemented cost-saving open-source /workflow management tool “Process Maker”.
  • Bombay Stock Exchange Limited
    Deputy Manager (Financial Services Domain)
    Bombay Stock Exchange Limited Sep 2006 - Aug 2008
    Mumbai Area, India
    Core Areas: Market Surveillance | Automation | Company Profiling | Trading members Profiling | Investigations in Exchanges

Sumit Mehta Education Details

Frequently Asked Questions about Sumit Mehta

What company does Sumit Mehta work for?

Sumit Mehta works for Hdfc Bank

What is Sumit Mehta's role at the current company?

Sumit Mehta's current role is Head of Project Management regulatory reporting.

What schools did Sumit Mehta attend?

Sumit Mehta attended University Of Mumbai, University Of Mumbai.

Who are Sumit Mehta's colleagues?

Sumit Mehta's colleagues are M Chandra Sekhar, Rashid Khan, Garima Tiwari, Balu Pawar, Mitali Verma, Ayesha Maniyar, Mamta Kamuni.

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