SWAPNIL VISHWAS AYARE
Mumbai
Summary
Experienced banking and finance Techno-Functional Professional with 9+ years of expertise in Project Management, Risk Management, and Regulatory Compliance. Proven track record in optimizing processes, enhancing operational efficiency, and delivering strategic insights to support decision-making. Skilled in leading cross-functional teams, implementing innovative solutions, and navigating complex financial environments. I like to work in a challenging environment and learn new technology and hence grow along with the growth of the organization.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Senior IT Business Analyst - Manager
Axis Bank Ltd.
05.2023 - Current
- Working in Retail Assets Group on Loan Origination System- FinnOne CAS (Customer Acquisition System) Application
- Responsible for end-to-end project management of Finnone CAS Application
- Coordinating with business stakeholders and vendor for requirement gathering, gap analysis and documentation related to FSD, JIRA for respective projects
- Initiating & Managing Cross-Functional project in LOS Application
- Manage Appsec, VAPT, Infra assessments requirements for LOS application
- Support annual audits, inspections, and RBI reviews by preparing necessary documentation and responses
- Address regulatory observations and ensure proactive risk mitigation strategies
- Managed procurement processes from initiation to completion, including budget request preparation, PO generation, and securing necessary approvals
- Technically supervise teams of 4 skilled resources with 0 iteration rate
- Projects: Finnone CAS
Senior IT Business Analyst - Manager
Kotak Mahindra Bank Ltd.
11.2021 - 05.2023
- Elicit and document business requirements from stakeholders, including compliance officers, risk managers, and operational teams
- Integrate the AML application with other existing systems (core banking, CRM, SWIFT, etc.) to ensure seamless data flow and analysis
- Reduced number of suspicious activities post implementation of AI/ML Module
- Actively involved in Application Upgrade Activity
- We had upgraded Compass AML 2.3 to 5.2 and encouraging user adoption and ensuring effective training
- Implemented FINNET 2.0 - 6 Report CBWTR, STR, CTR, NPTR, CCR, PTR
- Configure the AML application with relevant rules and thresholds to identify suspicious activities and transactions
- Analyze existing AML processes and identify areas for improvement and automation
- Establish efficient workflows for case management, investigation, and reporting
- Develop UAT test cases and conduct testing to ensure the application meets business requirements
- Manage change requests and coordinate with the development team to implement changes
- Provided Production support post go-live to users and troubleshoot issues
- Responsible for Security Management for application which comes under my purview
- Projects: Compass AML & SIM Automation System (Cloud Application)
IT Business Analyst
HDFC Bank Ltd.
11.2018 - 09.2021
- Conduct 5+ levels of testing including functional, regression, user acceptance, integration and performance to verify the client's needs are met
- Working on multiple CRs/Projects under RBI ADF Application
- Independently managing end to end project from preparing Project Plan to implementation of the project and taking user's sign off on the same
- Estimating cost of the project, making sure the timelines are met
- Improving the data processes for correctness and completeness of reports data
- Developed and implemented 57 informatica jobs to automated the report through Autosys Tool.
Consultant
Saksoft Ltd.
02.2017 - 11.2018
- Collaborated with finance users to elicit, analyze, and document business requirements, operational processes, and system needs
- Functioned as a liaison between end-users, IT teams, and vendors to ensure seamless system implementation and maintenance
- Created detailed system documentation, including project plans, functional design documents, test plans, and test cases
- Executed comprehensive test cases, analyzed test results, and identified and resolved defects
- Completed end to end migration activity for the EDW application: 1
- SUMMIT to MUREX Migration Activity (Sprint-1)
- Developed and implemented ~120 informatica jobs to extract data from 23+ data sources and automated these jobs through Autosys Tool
- Projects: Enterprise Data Warehouse (EDW)
Trainee
9A Business Connect Ltd.
12.2015 - 06.2016
- Projects: PMS
Associate Consultant
IndiSoft Tech Ltd.
06.2012 - 09.2013
- Projects: FasTrade
Education
MBA - FinTech
Birla Institute of Technology And Science
05.2025
MCA - undefined
K. J. Somaiya Institute of Management Studies & Research
05.2016
BSC - IT
Siddharth College
05.2012
HSC - undefined
Pragati College
05.2009
SSC - undefined
NDM High School
05.2007
Skills
- Business Analyst Consulting
- Project Management
- API Integration
- Functional Analysis
- UAT Testing & Support
- Oracle 19C
- Weblogic
- SQL Server 2012
- Linux/AIX
- Microsoft Office
Additional Information
- Completed end to end migration activity for the RBI ADF application: SUMMIT to MUREX Migration Activity (Sprint-2).
- Completed end to end migration activity for the RBI ADF application: SAS AML 7.2 to Compass AML 4.3 Application Migration.
- Led the strategic migration from SAS AML to Compass AML, resulting in a dramatic reduction in alert generation time from approximately 18 hours to 3 hours.
- Optimized internal processes and systems, leading to significant cost reductions of ~48 lacs.
- Ensured the security and compliance of RBI ADF & Compass AML applications by proactively managing AppSec, VAPT, and infrastructure assessments, mitigating potential risks.
Certification
- NISM-Series-V-B: Mutual Fund Foundation Certification, Jan'22, 2200318864
- Amazon Web Service: AWS Solution Architect Associate, Apr'21- WN8CJ55D124EQVSX
- Scrum Alliance: Certified ScrumMaster ® (CSM), Mar'18 - 755207
- AXELOS: ITIL ® Foundation Certificate in IT Service Management, Sept'17 - GR750330177SV
- Alliance Française De Bombay: DELF A1, Jun'15
Accomplishments
- KOTAK Bank IT SPOT AWARD 2022, Significant Contributions in Compass AML Application Upgrade Activity and FINNET 2.0
- HDFC Bank SILVER STAR AWARD Q2-2019, Significant Contribution in Contributions in BFS Projects.
Languages
Marathi
English
Hindi
French
Timeline
Senior IT Business Analyst - Manager
Axis Bank Ltd.
05.2023 - Current
Senior IT Business Analyst - Manager
Kotak Mahindra Bank Ltd.
11.2021 - 05.2023
IT Business Analyst
HDFC Bank Ltd.
11.2018 - 09.2021
Consultant
Saksoft Ltd.
02.2017 - 11.2018
Trainee
9A Business Connect Ltd.
12.2015 - 06.2016
Associate Consultant
IndiSoft Tech Ltd.
06.2012 - 09.2013
MCA - undefined
K. J. Somaiya Institute of Management Studies & Research
BSC - IT
Siddharth College
HSC - undefined
Pragati College
SSC - undefined
NDM High School
MBA - FinTech
Birla Institute of Technology And Science
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