Summary
Overview
Work History
Education
Skills
Certification
Timeline
Career Highlights
Generic

Sajeev Parameswaran

London

Summary

Delivery Management professional with extensive experience delivering programmes and projects driving large scale technology and regulatory changes primarily in Banking and Financial services industry.

Overview

29
29
years of professional experience
1
1
Certification

Work History

Lead Integrator- Core Banking Modernization(Next Gen Core - GCP)

Virtusa
04.2024 - Current
  • Current role is Integrator in the Core banking platform’s Core Modernization programme for replacing the Unisys Mainframe based core banking system with a Thought Machine vault based modern core hosted on GCP.
  • Built an end-to-end roadmap for the phased delivery of savings, current accounts, consumer loans and other products on the next gen core.
  • Identified key dependencies and work required for each product type and help estimate an overall budget for the programme.
  • Delivered key aspects of the architectural footprint and high-level design for key components like account number generation, indicators, standing orders, payment beneficiaries etc
  • Managed a team of Architects, Analysts and planners as part of the programme delivery
  • Client: LBG

Delivery Lead- Model Risk Management Product implementation

Virtusa
12.2022 - 03.2024
  • Lead the Model Inventory & Risk Management product implementation programme across Lloyds Banking group to create a platform for end to end life cycle management of Models; covering both traditional predictive & deterministic models and AI models.
  • Lead the project from concept to product selection through proof of concept phase and agile based incremental delivery of the product into production.
  • Had end to end responsibility, including budget management, project governance, backlog refinement, sprint planning and execution.
  • Key responsibility was communication and ensuring alignment of all business teams. This product cuts across all key businesses of the bank, including retail, commercial, insurance etc., and each of these business teams had different needs from the product.
  • Managed a team of engineers, data analysts, testers and product vendor resources through the delivery sprints and user acceptance phase to enable delivery of version 1.0 of the product to business by 30-Jan-2024.
  • Currently the product is in post implementation support and handover to BAU phase.
  • Client: LBG

Cloud Delivery Manager- Cloud Services team

Virtusa
07.2022 - 11.2022
  • As cloud delivery Manager was responsible for enabling the adoption of cloud platforms for delivery of various change programmes and projects at LBG
  • The work involved setting up a cloud adoption process covering engagement of the cloud center of excellence, capturing individual cloud products requirements of candidate programmes. Categorizing the adoption needs based on cloud products already curated and available for programmes to use
  • Working with cloud engineering teams on prioritization of their programme increments and sprint backlogs to include product needs of the candidate programmes and ensure delivery of products to the requirements and timelines of the cloud adoption candidate projects & programmes.
  • Client: Lloyds Banking Group

Delivery Lead- Digital Work Place(DWP)

Virtusa
01.2021 - 06.2022
  • Lead the EUC re-platforming workstream of the Digital Work Place(DWP) programme, this is part of Major Core Programmes delivered by the Group Transformation division.
  • This Programme successfully migrated/re-built more than 130 end user data processing applications supporting critical business processes(CBP’s) across LBG to a cloud based architecture on Microsoft Power platform.
  • The objective of the programme is to reduce the operational risk for the group while enabling adoption of a cloud based low code no code platform comprising of Microsoft Power apps and Power BI across the group.
  • Of the 130 applications developed and delivered, 45 of them were built on power apps as they had high level of user interaction and varied user journeys. The rest of the applications were data intensive and built on power Bi.
  • Client: Lloyds Banking Group

Lead- Open Banking PSD2 & Digital Programmes

PNB International Bank
01.2017 - 12.2019
  • Programme Lead at PNBIL bank delivering multiple business change programmes critical for regulatory compliance and digital transformation across the bank.
  • Reporting to the COO of the bank, with end to end responsibility including board and steering committee updates.
  • PNBIL UK is an international bank that provides retail banking services to UK customers through 7 branches and online & mobile channels. The bank has a strong portfolio of loan assets in the buy to let and real estate market.
  • Key Change Programmes executed:
  • 1. Open Banking and PSD2 API development project: This is the primary project being delivered for the bank. Phase-1 delivered achieving PSD2 compliance by 14-Sep-2019 with App based strong customer authentication of PSD2 API’s. Helped the bank achieve all key regulatory milestones, including dev portal and sand box implementation, contingency exemption request filing and API go-live deadline. FCA has completed assessment of PSD2 API’s and concluded the implementation was as per regulatory technical standards and granted the bank Contingency exemption on 17-Jan-2020.
  • 2. Payments Automation Initiative: Lead the delivery of two work streams under this initiative:
  • Swift-Cross border Payments automation: This project is for automation of cross border swift messages received from overseas.
  • Faster payments real time integration with RBS: The project objective is to make the faster payments processing near real time by integrating with API’s that RBS is planning to expose.
  • 3. Digital transformation:
  • App based Digital customer onboarding project- To enable seamless app based real time account opening, using selfie based ID verification and KYC.
  • New Bank Website project- This is part of overall digital transformation.
  • Location: London, UK(contract)

Sr Project Manager (Contract)

Lloyds Banking Group (TSB Portfolio)
01.2014 - 01.2016
  • Led a portfolio of projects under the Retail products digital transformation initiative covering Savings and current accounts for newly created TSB Bank under TSB divestment Programme of Lloyds Banking group.
  • Key responsibilities in this role included:
  • Translating change requirements from various business teams in to work-streams and projects
  • Impact assessment and budgeting, Planning, managing supplier work orders
  • Setting up project structures- steering committees, checkpoints, sprint planning & retrospectives, stage gates
  • Financial forecasting and reporting (budget vs spends) fine-tuned to the level of respective stakeholders.
  • Managing project and programme level risks, issues and dependencies.
  • Present portfolio updates for both strategic and Small/BAU change to internal (Lloyds IT) and external (TSB Business) stakeholders
  • Manage day-to-day operational aspects of the portfolio working with digital IT PM’s and monthly digital business release(BR) leads, BA’s, Architects, and business test managers.
  • Manage the live implementation, setting up schedule of events(SOE), review preparedness, secure go decision from all stake holders, keep track of technical implementation, own communication to product owners and other stakeholders, lead post implementation checks and change sign-off by product owners.
  • Projects delivered for TSB:
  • Led the Savings back-book consolidation programme for TSB that involved a series of Branch, Cards and digital changes to the savings products, helping TSB achieve the business objective of a leaner focused savings portfolio with enhanced digital features keeping in mind latest customer behaviour for several legacy savings products. This project was delivered in Aug-2016.
  • World’s Best Welcome(WBW) programme was an account opening process transformation programme for business banking customers, with the objective of creating a separate account opening process in branch and digital channels for TSB
  • Also, delivered multiple digital changes for Classic plus product(Adder) for TSB Bank, mostly enhancements to internet banking features of the product which was one of the most successful current account products in the market.
  • Other projects delivered included regulatory compliance initiatives for IFRS 9 and Payment Account Regulations for international payments.

Sr Project Manager (Contract)

Lloyds Banking Group
01.2013 - 01.2014
  • Was a key PM of the Process transformation programme for Lloyds Bank, Group Operations division delivering significant change to Lloyds Bank’s customer facing processes in branch online and telephone banking using the Business Process Automation platform (PEGA).
  • Was responsible for executing multiple projects under the 24-week iterative Agile model that aimed for rapid delivery of 30 Business process changes through seven IT release cycles.
  • Key project delivered during this assignment is ‘Strategic MI’: The objective of the project was to capture customer insight and data across all the transformed customer process and deliver MI reporting across all the processes being built on the BPA platform as part of the process transformation programme.
  • This involved extracting key data needed for business from all the processes being implemented on PEGA as part of the programme, and store it in the group data warehouse, enabling the business stake holders to generate key analytical reports on SLA’s, operator efficiency, process throughput etc.
  • This was a complex project that used Datastage ETL, Data warehouse on Teradata to store data in a dimensional model and SAP business objects to provide reporting capability to Business
  • Budget £2.5M

Programme Manager

Tech Mahindra Ltd
01.2010 - 01.2013
  • As programme manager was responsible for delivery of key projects for the Financial & Risk group in Thomson Reuters covering Governance Risk & Compliance and Publishing division
  • Also, was the single point of contact for Thomson Reuters IT team for all escalations and issues for other projects and BAU activities supported by my company.
  • Most significant programme delivered in this role is the development of a custom workflow based content management system for Income Data Services (IDS) group of Thomson Reuters.
  • Delivered in a short time frame using agile development using Drupal an open source platform with many user contributed modules.
  • Managed a distributed development team with developers in India, business analysts in London and Yorkshire, Testers in another city in India.
  • Westlaw Ireland product migration project, this is for the Westlaw Ireland legal group and this involved moving a key information product developed by Thomson Reuters for the Law firms to a new in-house platform called MAF (Multiple Access Facility).
  • Other key projects included
  • Integrating World Check(newly acquired company by TR) feeds to the existing suite of TR Screening products in the Financial & Risk groups GRC division
  • FATCA legislation compliance product for Financial & Risk team
  • Lawtel product enhancement using Exalead Search tool for Legal.
  • Client: Thomson Reuters

Programme Manager

Tech Mahindra Ltd
01.2008 - 01.2010
  • Led the delivery of key projects for Electronic Arts IT team and also was the single point of contact for EA for all the work done by my company (Relationship Manager).
  • Key Programmes delivered:
  • ERP: Oracle apps R12 implementation in P2P/GL business area
  • Migration of Procurement application to Salesforce.Com platform
  • SOA based Enterprise middleware migration from Tibco to Oracle Fusion Middleware.
  • In-game commerce and download manager projects for Electronic Arts studio labels like Sims 2.0.
  • Client: Electronic Arts

Multiple roles from Lead Developer to Project Manager to Programme Manager

Mahindra Satyam
01.1997 - 01.2007
  • Mahindra Satyam a leading India based Systems Integrator delivering projects for clients like Nissan, First Data, Tyson Foods all in US, KBC Bank and International Factors, in Belgium.

Education

Bachelor of Technology - Electronics And Communication Engineering

University of Kerala
India

Skills

  • Hands-on experience managing the full Change lifecycle from Business case to Benefits realization
  • Strong Agile programme management capability, managing both internal and vendor teams delivering product backlogs using Scaled Agile Framework(Safe)
  • Well versed with Legacy modernisation, cloud adoption and traditional development using waterfall methodology
  • Managing change budget, tracking concurrent Project workstreams involving 3rd party software vendors and outsourcing/offshore partners
  • Strong communication, Stakeholder management and Vendor management skills
  • Strong problem-solving acumen and rich international exposure across USA, Europe and UK

Certification

  • Agile Programme Management certification from Agile Business consortium (APMG)
  • Project Management Professional (PMI)
  • Excellent working knowledge in MS Project, Jira, confluence, MS Visio, MS Office, HP ALM, Axis, Remedy, Share point, Clarity

Timeline

Lead Integrator- Core Banking Modernization(Next Gen Core - GCP)

Virtusa
04.2024 - Current

Delivery Lead- Model Risk Management Product implementation

Virtusa
12.2022 - 03.2024

Cloud Delivery Manager- Cloud Services team

Virtusa
07.2022 - 11.2022

Delivery Lead- Digital Work Place(DWP)

Virtusa
01.2021 - 06.2022

Lead- Open Banking PSD2 & Digital Programmes

PNB International Bank
01.2017 - 12.2019

Sr Project Manager (Contract)

Lloyds Banking Group (TSB Portfolio)
01.2014 - 01.2016

Sr Project Manager (Contract)

Lloyds Banking Group
01.2013 - 01.2014

Programme Manager

Tech Mahindra Ltd
01.2010 - 01.2013

Programme Manager

Tech Mahindra Ltd
01.2008 - 01.2010

Multiple roles from Lead Developer to Project Manager to Programme Manager

Mahindra Satyam
01.1997 - 01.2007

Bachelor of Technology - Electronics And Communication Engineering

University of Kerala

Career Highlights

  • Current role is as Integrator(Agile delivery PM) in the Core banking platform’s Core Modernization programme for Lloyds banking group, replacing the Unisys Mainframe based core banking system with a Thought Machine vault based modern core hosted on GCP. I lead a team of Architects, Analysts and planners with responsibility to build an end to end roadmap, architectural footprint and high level design for the phased delivery of savings, current accounts, consumer loans and other products on the next gen core.
  • Previous roles at LBG:
  • 1. Delivery Manager for Model Inventory & Risk Management product implementation programme across Lloyds Banking group to create a platform for end to end life cycle management of Models; covering both traditional predictive & deterministic models and AI models. The platform also enables model performance monitoring and tracks risks and ethical impact. Just delivered the version 1.0 in to production on 30-Jan-2024.
  • 2. Cloud delivery manager(cloud Services division) with responsibility to enable cloud adoption across LBG divisions. Defining and executing the process for onboarding of change programmes to cloud based platforms(GCP or Azure).
  • 3. Delivery manager, leading the delivery of EUC re-platforming workstream of Digital work place programme for Lloyd banking group, delivering 130+ high risk End user data processing applications to cloud based Microsoft power platform.
  • Successfully delivered open banking PSD2 regulatory compliance API’s for PNB international bank in September 2019 collaborating with Token.io a fintech specializing in open banking payments. Helped the bank secure contingency exemption approval from FCA in Jan 2020 for the PSD2 implementation.
  • Digital Transformation: Led the delivery of digital transformation programme for the bank with multiple key initiatives including Mobile app based real time customer on-boarding.
  • Payments Automation Initiative: Also worked with bank’s payment operations team to deliver operational efficiency improvements in payments processes. Two workstreams being progressed are:
  • -Swift cross border payments automation
  • -Faster payments real time integration with RBS
  • Regulatory Programmes: End to end delivery of GDPR and IFRS 9 regulatory changes for PNB International Bank
  • Process Transformation- End to End Simplification program (PEGA based business transformation), Lloyds Banking group
  • Divestment Programme: Delivered multiple projects delivering new digital products and compliance for TSB bank under Lloyds banking group’s divestment programme.

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