Sumit Kumar

WORK HISTORY

EDUCATION

ABOUT SUMIT KUMAR

With over a decade of diverse experience in the financial services and IT sectors, I have developed a robust skill set that blends operational excellence, risk management, and technology integration. Currently, as an Operations Officer at RBC Royal Bank, I focus on managing financial and operational risks, ensuring compliance with international standards such as FATCA, and enhancing operational efficiency. My commitment to compliance is underscored by my recent CAMS certification, reinforcing my dedication to mitigating financial crimes. In my previous role at HSBC Canada, I played a pivotal part in managing operational risks, leading teams, and ensuring regulatory compliance, particularly in AML and terrorist financing. My ability to maintain high standards of accuracy and regulatory adherence was key to safeguarding financial integrity and maintaining trust with clients. My banking career began at State Bank of India, where I held leadership roles that involved managing large loan portfolios, driving business development, and maintaining a zero NPA rate across significant advances portfolios. My leadership and strategic planning skills were instrumental in growing the bank\'s retail loan portfolio by 20% month-over-month and achieving cross-selling targets with over $8M in mutual funds and insurance policies. Before transitioning to the financial sector, I honed my technical skills as a Software Developer at Infosys, where I contributed to the development and optimization of web-based applications for major clients like American Express. My technical proficiency includes JAVA, JavaScript.NET, C++, and IBM Cognos Analytics, which complement my expertise in financial services. I hold an MBA with a focus on Business Analytics and Finance from University Canada West and have earned certifications in project management (CAPM®) and anti-money laundering (CAMS). I am also pursuing FRM Level I to further solidify my expertise in financial risk management. My career is driven by a passion for optimizing business processes, managing risks, and leading teams in dynamic environments. I am always eager to embrace new challenges and contribute to organizational success through strategic thinking and a commitment to continuous improvement.