SIDDESH V DEORUKHKAR
PERSONAL PROFILE
Date of Birth: 28th Jan, 1982
Age: 31
Sex: Male
Mobile: +974-********
Permanent Address: E/19, Libra Bldg, Divya Park Colony, Jankalyan Nagar,
Off Marve Rd, Malad (W) Mumbai- 400 095
E-mail: acawik@r.postjobfree.com
Total Work Experience : 6 years 5 months
WORK EXPERIENCE
Organisation : Doha Bank Duration : July 2013 - till present- 4
Department : DBank (EBanking and months
Alternative channels) Current Location : Doha, Qatar
Designation : Product Coordinator -
Retail
Projects currently managed:
Product Implementation:
Manage the Doha bank online banking platform including remittances and other
alternative channels.
Report directly to head of D Bank(E-banking and Alternative channels).
Manage activities right from Ideation of Design Interface implementation, testing
till final delivery of the product.
Have already delivered to IT the blue print with workflow post board approval for
implementation :-
Payroll Remittances via:- (ATM + Mobile ATMS + POS + Mobile phone via SMS and IVR
).
Manned Payroll Remittances right from inception and was actively involved in
Liaising with all stake owners for the product development till board approval.
Responsible for Project Management, Platform design and User interface for WEB,
Mobile App & introduce new alternative channels like iPad.
Active role and participation in laying down process and product development right
from online marketing, legal, compliance, operations, FRD and customer service and
grievances.
Coordinate and handle all electronic and alternative channel products :-
Payroll Remittance products/services
E-Remittances, Western Union,
e-Channels products/services
Ensuring successful completion of entire SDLC
Phase I:- Requirement gathering + Understanding Business process requirement +
Business analysis + Documentation
Phase II:- Drafting of final blue print+ Guide & co-ordinate development team +
Stress testing + Black box testing
Phase III:- Pre sales Demo + Assist in Marketing + Provide training for pre & post
sales support to support teams.
Devise Promotional Campaigns and Marketing of the Payroll Remittances,
E-Remittances, Western Union ABMT project, e-Channels and other products/services
to companies.
Monitor daily activities of the remittances and e-Channels systems via Support and
BI teams.
Ensure process & system compliance with AML, Compliance, Risk Management, KYC,
Central Bank regulations and other governing Authorities.
Supervise submission of daily/weekly/monthly MIS reports to the Head of
DBank/Management on system testings, technical system findings, requirements, other
remittances / e-Channels business related reports using Business Objects,
CoreBanking, etc.
Provides remittance / e-Channel system guidance, support & training to Branches,
e-Branches, Pay-offices, Foreign Bank Representatives, Customer service, business
support teams and other related authorized system users.
Identify and handle the requirements for system testing, development, upgrades,
integration, UAT testing
Organisation : Timesofmoney - Times Duration : June 2011 - till June 2013 - 24
Group Company months
Department : Product Current Location : Mumbai, India
Designation : Product Manager, Global
Remittances
Projects currently managed:
Product Implementation:
Worked on the flagship product - www.remit2india.com, www.remit2home.com
Working towards launching a bunch of retail Forex & remittance products.
Manage activities right from Ideation of Design Interface implementation, testing
till final delivery of the product.
Responsible for the online outward remittance product (Outremit).
Manned Outward Remittances platform right from inception and was actively involved
in Liasioning with RBI to get the final go ahead to launch outward remittance
(payment of student fees for institutes abroad)(www.outremit.com)
Write product specifications, documentations, process flows for online launch.
Responsible for Project Management, Platform design and User interface for WEB,
Mobile App & iPad (Remit2India).
Guide & co-ordinate with the Technology team on product development.
Active role and participation in laying down process and product development right
from online marketing, legal, compliance, operations and customer service and
grievances. Conducting training to instill workflow and process.
Ensuring successful completion of entire SDLC
Phase I:- Requirement gathering + Understanding Business process requirement +
Business analysis.
Phase II:- Drafting of final blue print+Liaising between the client & development
team + Stress testing + Black box testing
Phase III:- Pre sales Demo + Final delivery to the client + Provide training for
pre & post sales support.
Part of the team instrumental in implementing VMT (Vodafone Money Transfer) in
alliance with DOHA Bank in QATAR.
Worked on white labeled Solutions for NRI remittance platforms. (AXIS Bank, Yes
Bank, Bank of Baroda, Bank of India, HDFC ) including server-to-server payment
gateway integration with various banks.
-
Other KRAs:
# Presentation and analysis
Presentation to Senior Management - Budgeting,Annual Operating Plan, Co-
ordinating and training Service Team.
Spearheaded Platform revamp as a Project manager across website and mobile
interface after conducting market research user surveys and enhancing User
experience. Project Launched in Aug 2013.
(https://www.remit2india.com/sendmoneytoindia/demo/index.html#!)
Achievements:
Selected and recognised by the company as part of the 30 most valuable employees in
the organization and awarded a sizeable bonus in USD in a span of 1.5 years.
(Relevant official documents in place. First & only activity done in organisation
since inception over a period of 11 years ).
Organisation : Citigroup - Citibank Duration : June 2010 - May 2011- 12 months,
Department : Global Treasury Location : Singapore
Operations-E-Commerce (Parent Organisation : Polaris Software Lab,
Designation : Sr.Business Analyst Hyderabad)
(Consultant) Duration : Oct 2007 - May 2010 - 31 months,
Location : Bahrain
(Parent Organisation : Aurionpro Solutions,
Bahrain)
Projects managed:
Treasury - Implementation:
Designing of FX, MM and Fixed Income trading and risk management tools for the
business.
The position entails an ongoing and effective interaction between the Traders in
the business.
Subsequent to the design and development of these products, it involves with
rolling-out the applications to the various Treasuries in the region ( globally-
LATAM, CEEMEA, ASIA)
Monitoring volatile scenarios & collaborating the learning's in Model Designing &
validation.
Structuring and valuing of existing product line & Developing new products based on
Country & Central Bank/ Monetary Authorities
Fixed Income products encompass Government Bonds, Corporate Bonds, FRN's, MTN's,
Capital Market
MM products such as Fixed, Notice & call (Loans & Deposits), Discount Instruments-
T-Bills, BA's etc
Modeling through Bootstrapping, YTC, Cash Flow yield Bond pricing, Risk analytics
and Processes.
Structuring, FX SP, Outrights, Currency Swaps(Even/ Uneven Swaps), Split Value
Deals, Currency Options, Dual Currency Contracts, Subscription Products, Orders,
MM deposits, Benchmark Fixing,
Deal processing STP through the various stages initiating from Front office to see
through to Backoffice settlement.
Worked on existing Pricing and Rate engine which provides pricing to Citibank's
Retail and Corporate Forex Products
Ensuring successful completion of entire SDLC
Phase I:- Requirement gathering + understanding Business process requirement +
Business analysis.
Phase II:- Liasing between the client & development team + Stress testing + Black
box testing
Phase III:- Pre sales Demo + Final delivery to the client + Provide training for
post sales support.
Managed Customer migration from Legacy products to development and implementation
of new platforms.
Eg:- Phasing out FX OLT and introduced CTI (Citi Treasury Interactive) which got
evolved into CIti FX Pulse
Products managed:- FX Link GUI (Citibanks Pricing Engine for FXLM- sourcing from
EBS,Reuters,D2 ), eDealer (Front office & Middle Office Treasury Product), FX
Online Trading (FX Online Trading Retail Online Trading product for FX & MM), Citi
Treasury interactive (Retail FX & MM online Product). Integrating Citibank
platforms with Flexcube, OpenFX, FXPG. Hands on experience in Reuters Power Plus
Pro.
Other KRAs:
# Pre-Sales
Presentation of the groups Treasury products to traders, corporate & prospective
clients & understanding client requirements to structure products as per market
expectations.
Achievements:
Based on the perfomance was selected and promoted from Citibank Bahrain to Citibank
Singapore desk
Organisation : NSE.IT Ltd. Duration : April 2007 - Sept 2007 - 6
Designation : Business Analyst months
Location : Mumbai
Projects managed:
Risk Management & Surveillance
Developing Risk management models for mitigating non systematic risk & maintaining
minimum systematic risk.
Designing & structuring Derivative products as per the market expectations.
Model validation for Pricing of the products like option pricing.
Applications of Integrated Risk Based Models for product pricing
Implementation of Business logic for the required client demands.
Ensuring successful completion of entire SDLC
Phase I:- Requirement gathering + Understanding Business process requirement +
Business analysis.
Phase II:- Drafting of final blue print + Liasing between the client & development
team + Pre sales Demo.
Phase III:- Stress testing + Black box testing + Final delivery to the client +
Provide training for post sales support .
Analysis of the market momentum & managing risk via Risk models.
Products managed:- Neat XS, NeatiXS and XSTRADE
Other KRAs:
# Pre-Sales
As part of the domain team, product demonstrations for the product NeatXS, NeatiXS
and XSTRADE are a part of the role.
Liasing with the regulatory body in seeking product certifications for New Product
Roll Out.
Designing the roadmap for the entire SDLC for the product.
OTHER CO-CURRICULAR PROJECTS
Organisation : Hindustan Petroleum Corporation Duration : April 2006 - June 2006
Ltd -3months
D signation : Management Trainee Location : Mumbai
Commodity Risk Management
Studied the possibility of H.P.C.L ( A leading Public Sector Crude Oil Refining &
Marketing Company ) exploring the option of dealing in crude futures over the
commodity exchange, apart from OTC market.
Suggesting possible avenues to leverage on the viable platform provided by the MCX(
Multi Commodity Exchange ) exchange in terms of storage & risk mitigation.
Studying the existing Crude & allied products offered on the shelf by Commodity
Exchange & drawing consensus on the new products that can be rolled out on the
basis of current product lines on offer.
Studying the existing & past OTC deals with counterparties as to analyse the future
avenues for Risk Mitigation.
Suggesting possible avenues to leverage on the viable platform provided by the MCX(
Multi Commodity Exchange ) exchange in terms of storage & risk mitigation.
Organisation : Neural Technologies and Software Pvt Ltd
Duration: August - December 2006 - 5 months
D signation : Management Trainee
Implications Of Basel II Norms
Basel II Implementation techniques globally affecting the Banks Risk Management &
Asset Liability Management. Highlighting the difficulties faced by the Indian Banks
in step by step implementation of Basel II Norms & suggesting measures to overcome
the difficulties.
The project was undertaken under the Guidance of Doctor Mahendra Mehta ( proprietor
of Neural Technologies and Software Pvt Ltd & on the Board of Directors of
Aurionpro Solutions LTD, also a regular Faculty at S.P Jain Institute of Management
Mumbai & Visiting Faculty at S.P Jain Institute of Management Dubai for Finance. He
is also a consultant to various Middle East Banks for Basel II Implementation &
Banking Risk Technology))
Studies conducted along with Basel II teams of the banks : Bank of Baroda & HDFC
Bank
Studying the Standardized Approach for credit risk & implementation of the same,
Implementation of the transition to Integrated Risk Based Approach.
Organisation : Hamilton Ltd Duration : January - March
2007
D signation : Management Trainee
Forex Risk exposure and its management in a company
A manufacturing & distribution company with future exposure to foreign exchange
risk .
Structuring outrights based upon the call taken by the trader foreseeing economic
conditions.
Capital structure decisions to be taken based upon Balance Sheet Management & Risk
Mitigation
Monitoring of CNY Dollar values as the Company had recently started its
Manufacturing operations in China
EducationAL DATA
School/College/ University or other Name of Year of Grade
Institution Examination/ Passing
Qualification
Indian Education Society Management College & MBA/MMS Finance 2007 1st Class
Research Centre ( Mumbai University )
R.. A . Podar College Of Commerce & M. Com - I Finance 2005 2nd Class
Economics Mumbai University
R.. A . Podar College Of Commerce & B. Com Finance & 2003 1st Class
Economics Mumbai University Computers
ADDITIONAL INFORMATION
Played for Citibank and won inter department cricket tournaments in Bahrain.
Played for S.P.C.A (Shivaji Park Cricket Academy), was a part of Achrekar XI
Certified in Financial Markets Basic Module of NCFM with 97.00% appraisal
Certified in Capital Market Dealers Module of NCFM with 67.00%
Certified in Derivatives Core Module of NCFM with 69.00%
Was in charge of Corporate Interaction for the I.E.S Management College's
Corporate event " UDAAN "
Anchored the " UDAAN " for two consecutive years as a lead comparer.
Place: Mumbai
Siddesh V Deorukhkar