Amit Soni
Verified Expert in Product Management
Product Manager
Toronto, Canada
Toptal member since May 24, 2022
Amit is a techno-functional product manager with over 15 years of experience in the financial services industry. He is skilled primarily in capital markets risk reporting, analytics, regulatory reforms, and change management. Amit also acts as a liaison between technology and business to help clients deliver the projects on time and within budget.
Project Highlights
Expertise
- Agile
- Business Consulting
- Data Modeling
- Feature Backlog Prioritization
- Jira
- Management Consulting
- Product Roadmaps
- Regulatory Compliance
Work Experience
Technical Business Analyst
Susquehanna Technology Management, Inc. (STMI) - Main
- Investigated and identified the root cause of trades that failed to be reported to exchanges using SQL and other in-house built querying tools.
- Ensured that the internal stakeholders, clients, and exchanges were notified of the delay and failures and the plan to rectify the failed trades.
- Prepared and presented the roadmap for the upcoming enhancements required to meet the regulatory requirements and improve system reporting capabilities.
Product Owner and Lead Business Analyst
BMO Bank of Montreal
- Collaborated with stakeholders to build the product roadmap, business case, and project plan.
- Created requirement documents detailing “as is” and “to be” business process maps.
- Identified and provided solutions to gaps by detailing the impact on IT systems, people, and business operations.
- Organized and led workshops and whiteboard sessions for requirements elicitation with technology, front office, market risk oversight, and market risk methodology.
Product Owner and Lead Business Analyst
RBC Capital Markets
- Analyzed and interpreted regulatory text to identify the gaps and prepare the business requirement document.
- Collaborated closely with data architects in designing the conceptual and logical data model to support the business requirements.
- Designed and delivered data control processes and frameworks, including identifying critical data elements, data lineage, and metadata.
Management Consultant
Publicis Sapient
- Generated US$2 million worth of new projects by showcasing the impact and the need for compliance with new regulations.
- Enabled two top Canadian banks to comply with the different regulatory reforms, such as IHC and OTC derivatives reporting, by analyzing the current state and interpreting the regulation.
- Trained and mentored new joiners in the latest and upcoming regulatory reforms.
- Reduced the ramp-up time for new joiners on the client-side by 50% by equipping them to effectively and immediately support clients.
Consultant
Virtusa
- Analyzed and documented key business processes and data associated with one or more of the data services or platforms used in the capital market, including Adaptive, Calypso, Loan IQ, and Murex.
- Interviewed stakeholders across global business lines and functional areas to create a standard definition of client and client relationships.
- Created documents to track data elements from existing systems to the future enterprise data model.
Technical Staff Member
Cadence Design Systems
- Prepared business requirements documents (BRD) and system requirements specifications (SRS).
- Performed root-cause analysis for defects and issues raised by clients.
- Reduced the number of issues raised on the module by 15% through initiating improvements and advocating to adapt new processes in the project.
- Developed a web-based tool to analyze and report the project's performance metrics and improve communication of project status for all the stakeholders.
Project History
Data Modeling for FRTB
Designed the data model for a top Canadian bank to comply with FRTB regulations across multiple jurisdictions, including Canada, the US, the UK, and the EU, without causing significant changes in the existing solution.
The enhanced data model enabled the bank to comply with all the jurisdictions without causing any major change in the existing solution. It also gave the bank flexibility to comply with any new jurisdiction should it decide to enter into new markets.
Market Data Strategic Solution
Led the business requirements and data model design for the market data system for Global Systemically Important Banks (G-SIBs).
• Cater to Fundamental Review of the Trading Book (FRTB) regulation for expected shortfall (ES) and non-modellable risk factors (NMRF), backtesting, and P&L attribution calculations, and
• Support BAU processes for VaR and Stressed VaR calculations.
This new system was necessary to replace the legacy technology that could not support the data volumes required for the new regulation. It also leveraged big data technologies, such as Apache Hadoop and Apache Spark, to quickly store and retrieve millions of market data points via a request-response mechanism using REST APIs.
IHC and CCAR Regulatory Reporting
Enabled the client to comply with enhanced prudential standards for Foreign Banking Organization reporting requirements.
I collaborated with the client’s finance team to define the process and business controls and provide a data governance framework. This engagement allowed me to generate FR Y-9C, 14M, and 14Q reports, preparing their new entity for its first submission for Federal Reserve’s Dodd-Frank Act Stress Test (DFAST) and Comprehensive Capital Analysis and Review (CCAR), consisting of FR Y-14A/Q and FR Y-9C.
Education
Master of Business Administration (MBA) in Strategy and Finance
Schulich School of Business - Toronto, Canada
Bachelor's Degree in Computer Science and Electrical Engineering
Motilal Nehru National Institute of Technology - Allahabad, India
Certifications
Certified Scrum Product Owner (CSPO)
Scrum Alliance
Financial Risk Management (FRM)
Global Association of Risk Professionals (GARP)
Skills
Tools
ETL, Microsoft Power BI, Jira, Confluence
Paradigms
Agile, Agile Product Management, Agile Business Analysis, Agile Software Development, Scrum, Database Design, Change Management
Industry Expertise
Professional Services
Platforms
SharePoint, Enterprise Resource Planning (ERP)
Other
Business Analysis, Data Analysis, IT Business Analysis, Product Owner, Backlog Grooming, User Stories, Databases, Trading, Financials, Business Systems Analysis, Functional Requirements, Technical Writing, Technical Business Analysis, Technical Product Management, Stakeholder Engagement, Technical Requirements, Data, Process Mapping, Documentation, Data Product Manager, Product Management, SQL, Business Intelligence (BI), Data Analytics, Data Reporting, Leadership, Quality Assurance (QA), MySQL, Compliance, Excel 365, Fintech, Data Engineering, Product Analytics, A/B Testing, Finance, Business Consulting, Strategy, Computer Science, Algorithms, Engineering, Backlog Management, Project Management, Risk Management, User Requirements, Data Modeling, Feature Backlog Prioritization, Business Requirements, Management Consulting, Regulatory Reporting, Regulatory Compliance, Software Development, Architecture, Microsoft Office, Python 3, JSON, REST APIs, Big Data, Agile Sprints, Reporting, Analytics, Request for Proposal (RFP), Process Flows, Stakeholder Management, Business Process Analysis, GAP Analysis, Operational Workflow, Business Process Flow Diagrams, Product Roadmaps, Business Cases, Accounting, Query Composition
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