asif mohammed

Partner Consultant at ZOSMA Technologies Pvt. Ltd.

Bio Summary

I have about 24 years of experience in Information Technology, predominantly in Banking Regulatory Compliance and Managed IT Services & Support having delivered projects & technical solutions across thirty countries globally.

My last full-time employment was with Mashreq Bank at Dubai as a Senior Vice President & Global Head of Regulatory Technologies, where I reported into Global Chief Compliance Officer with dotted reporting into the CXO leadership forum. My last position at Mashreq Dubai was made redundant as part of Bank’ overall restructuring in the light of COVID turmoil in early 2021, almost 40% of Bank’ positions were made redundant.

Academically, I have done MBA in Management Information Systems with distinction grade from Sikkim Manipal University, and I hold a Bachelor of Science in Mathematics from Magadh University. Additionally, I have industry reputed certifications from Wharton Business School - University of Pennsylvania (C-suite), ACAMS, Henley Business School (Level-2 Compliance ), General Electric (six sigma), CCL Academy (Trade AML), NICE Actimize, Microsoft, Cisco, Cisco, Novell and PMI PCC, Academic Masters in Information Technology with distinction grades.

Presently, I am working in the capacity of a freelance RegTech and IT Outsourcing Consultant in collaboration of a private limited company named ZOSMA of one of my contacts at Hyderabad, India since April 2021.

Employment History

Partner Consultant

ZOSMA Technologies Pvt. Ltd.

March 2021 - present

Hyderabad, Telangana, India

Partner Consultant, RegTech and Outsourcing Governance for IT service delivery using key performance indicators. Consulting on enhancement or productivity and efficiency by leveraging Lean and sig sigma levers.

Senior Vice President

Mashreq Bank

June 2019 - March 2021

Dubai - United Arab Emirates

Mashreq is world’s 19th largest USD currency clearance Bank. Evaluated, shortlisted, presented and secured C-Suite approvals for Pelican based Trade based AML (TBML) solution; Financial Crime Risk Assessment (FCRA), Accuit ...see more

Senior Consultant

RAKBANK

January 2019 - May 2019

Dubai - United Arab Emirates

Compliance/RegTech projects delivery and BAU support for FircoTrust for Name & Payments Screening, Enterprise Fraud Mgmt. System using SAS SFM Visual Investigator, ThreatMetrix from LexisNexis, Operational Risk Mgmt. using Me ...see more

Senior Consultant

First Abu Dhabi Bank

August 2018 - January 2019

Abu Dhabi - United Arab Emirates

Ensured seamless integration of legacy Banks (FGB & NBAD) Anti-Money Laundering and Customer & Payments Screening solutions as part of Core Banking migration from Intellect-to-T24 system using FIS-AML and FIS-eGifts solutions ...see more

Vice President

Standard Chartered

December 2015 - April 2017

Chennai, Tamil Nadu, India

Led end-to-end delivery of a Global Anti-Money Laundering (AML) Analytics Program for a Strategic & Regulatory Project for Payments Transaction Monitoring & Name Screening, led a geographically dispersed team of onsite & offs ...see more

Group Head, IT Service Delivery

Tech Mahindra

May 2014 - December 2015

Hyderabad, Telangana, India

As P&L owner and Group Head Technology service delivery, profitably led a multi-million-dollar Managed Services BAU Support for General Electric (GE) Account with a healthy EBIDTA for 250+ team of offshore & onsite resources ...see more

Associate Vice President

GE Capital

November 2003 - April 2014

Hyderabad, Telangana, India

Generated multi-million dollar annual savings through contract negotiations, productivity enhancements (KPIs), low-cost-country leverage, change/service/incident/problem mgmt., Automations, leveraged service-oriented-architecture (MicroServices) initiatives working with IT Vendors/ Global Delivery Centers (GDCs) in India, China and Mexico. Delivered Anti-Money Laundering (AML) projects in 10 countries and Sanctions Name & Payments Screening in over 30 countries in Europe, Asia Pacific & Americas under the Corporate strategic Compliance Program. Played a key role in reducing server footprint by hundreds of servers across GE & 3rd Party Data Centers leading to multi-Million dollar yearly reduction on Server TCO; played instrumental role as a Transition & Transformation Manager. Projects delivery for Global Compliance/RegTech Program with BAU production support, implementation of Artificial &/ Business Intelligence (Analytics/Forensics) tools, Rule-based applications, and transformation of Regulatory requirements into relevant Actimize AML scenarios/models and Fircosoft Name Screening algos & rules. Alignment of outsourcing governance policy with offshore, near shore and onsite service delivery models using six sigma, LEAN, Agile/Waterfall project and quality management methods in DevOps environment using NPS scoring & 360º feedback, Six Sigma DMAIC framework, Econometrics with longitudinal analysis using omnibus & true-panel approaches, Technology Diffusion Systems (TDS), Value-chain creation, Consolidation & Lean, SLA adherence using TAT, SPAN, BFTTR & FTR, Churn/Attrition control, E-SAT, C-SAT & P-SAT improvements, Resource Rolling Plan, Low Cost Country Leverage, follow-the-sun service delivery model, GARP-drive record keeping principles for CMMI maturity, Rewards & Penalties, Risk Management framework & FMEA analysis, ROI maximization & TCO minimization. Maintained productive business relationship with IT GDCs/Vendors like TCS, Birlasoft, Mahindra Satyam, iGATE-PATNI, Genpact, Softtek (Mexico & China), and Wipro for IT service delivery for GE Capital Americas business units (Real Estate, Fleet, GE Rail Services, & Retail Finance) to maximize ROI & minimize TCO, innovation, productivity & quality rigor; minimize TCO, non-value process overheads, interruptions, disruptions & project/process associated risks. Vendor Management with Dow Jones’ Factiva, Deloitte AML Consulting, LexisNexis, NICE Actimize, ServiceNow, Fircosoft for support with Banking (BFSI) Compliance & Risk applications on a global scale. Coordinated with GE Capital business’ Global CXOs, GE Global Delivery Centers (GDC) & third-party IT vendors, various national/ international regulatory/ statutory bodies for implementation of ‘Decision Support Systems/Tools’ for customer due diligence (KYC) and anti-money laundering (AML) in over 30 countries in Asia Pacific, Europe & Americas. Performed AML & KYC/CDD product evaluations & gap analysis of SAP ERP, Business Intelligence & Analytics tools (COGNOS, Hyperion, CX Analytics, Business Objects) for champion-challenger review & proof-of-concept in building Data Ware Houses, Data Marts and Reporting tools for Risk & Compliance analytics & business intelligence functions. Managed RFI/RFPs, fixed-price & T&M contracts, project trackers, non-disclosure agreements, change initiatives, and workflow management for BFSI/NBFI Projects and BAU Processes for Mobility, Sales Force, Gizmo, ETL, SiteMinder, Midrange, Oracle Financials, ERP (SAP), .NET, Intel & Unix infrastructure support, and Risk function digitization. Other General Electric (GE) Projects & BAU Programs: Disaster Recovery & Business Continuity Planning (BCP-DRP) - Implemented Corporate policy on IT disaster recovery and business continuity across GE-owned and 3rd party data centers in over 28 countries in Asia, EU and Americas. Server Consolidation - As part of Six Sigma Lean initiative, implemented virtual servers (VMware) and open-source solutions, reducing significant recurrent cost through consolidation of server’ footprint in data centers globally. Microsoft Messaging (MS Exchange) - Transition of MS Exchange & CDi-CPA (Oracle HR) from Mahindra Satyam to GE Capital’s Offshore Technology Services (OTS) CoE with zero impact on service delivery and down time; imparted MS Exchange DRP Training to the team; led migration of MS Exchange v5.5 Sites to MS Exchange 2000 for GE Capital businesses globally. Audits (BCP-DRP & Data Centers) - Actively involved in internal IT and external SAS-70 Governance & Audit of GE-owned and 3rd Party Data Centers Globally.

Consultant

Panacea Consulting Inc.

January 1999 - October 2003

Washington, DC, USA

Project 3: Department of Labor, U.S Federal Govt. (Washington D.C, USA) Sr. Systems Analyst & Team Lead, March 2002 – March 2003 Received Certificate of Appreciation from OSHA, Dept. of Labor in Washington DC for demonstr ...see more

Systems Administrator

Metamor Global Solutions Inc.

July 1995 - December 1998

Hyderabad, Telangana, India

Delivered in-house IT infrastructure support services/solutions as a Team Lead using SCO Unix, Novell Netware, Windows NT/, MS SQL & Oracle RDBMS & Visual Basic Programming to bridge gaps between organization units.

Education

Master's in Information Technology

Sikkim Manipal University

2014

Bachelor's in Mathematics

Magadh University

1995

Language Skills

Arabic English Hindi Urdu

Country Experience

India Qatar Saudi Arabia United Arab Emirates United States

Skills

Information Technology

IT Operations,

IT Strategy,

IT PMO

Education and Training

Program Management

Business

Project Management,

Business Continuity