Summary
Overview
Work History
Education
Skills
Leadership
Additionl Information
Timeline
Generic
Kaustubh Damle

Kaustubh Damle

Pune

Summary

  • Hands-on engineering leader with 24 years of global experience (Mumbai, Bengaluru, Pune, Sydney, London) in Tier-1 financial institutions
  • Advocate of modern engineering practices , commercial mindset and Innovation; Thought leader
  • Proven rack record of setting up, growing and leading global engineering teams of 600+ and delivering modernisation and transformation programs
  • Experience in large scale insourcing/outsourcing, vendor management
  • Senior stakeholder management skills up to CIOs and CTOs

Overview

24
24
years of professional experience

Work History

Director - India Head of Wealth Solutions Engg

BNY
Pune
09.2023 - Current
  • Led the global private banking team to deliver and maintain client-facing applications, online banking, payments, money movement, and lending services.
  • Contributed to Architecture Practice as solution architect, focusing on trade management and wealth advisory, modernising mainframe systems.
  • Built a strong engineering culture; improved developer productivity and Agile maturity; led 300+ engineers across India and US
  • Rapidly established a 350+ vendor footprint in under 3 months to accelerate product delivery.

Director - India Head - Securities Processing Tech

Credit Suisse
Pune
08.2021 - 08.2023
  • Global functional owner for APAC Settlements Engineering; led teams across Japan, Hong Kong, Singapore, and India; served on Global Design Authority; re-architected settlement platform to align with modern target architecture.
  • Reduced TCO by over 50% through optimisation, decommissioning, vendor reduction, and insourcing; stabilised environment support and enhanced operational resilience.
  • Reported to CIO; led 600+ member organisation to achieve strategic objectives.

Executive Director - Corporate and Investment Bank

JPMorgan Chase
Mumbai
02.2020 - 07.2021
  • Global owner of Virtual Branch platform supporting cross-border payments and document collection, KYC, and secure client communication
  • Redesigned platform to enhance UX, resolving performance bottlenecks, improving performance by ~ 70%, and reducing time to market while defining cloud adoption strategy.
  • Enhanced developer productivity and DevOps practices, improved code hygiene, and increased code coverage from 36% to 67% by addressing technical debt.

Executive Director - Institutional Securities Tech

Morgan Stanley
London, Bengaluru, Mumbai
05.2005 - 02.2020
  • Delivered global regulatory and business programmes (MiFID II, HK Stock Connect, GST tax reforms, Principal Trading, non-standard settlement), ensuring compliance and strategic alignment.
  • Designed CME Portfolio Margin solution, delivering $500M–$1B daily margin savings (peaking at $1.7B)
  • Modernized legacy platform using microservices, Kafka, MongoDB; delivered >50% TCO reduction; Automated corporate actions processing, addressing >$1M annual loss exposure due to manual errors and saving headcount.
  • Delivered commissions renovation project for India Business improving operational efficiency by 75%, by innovative design/system changes.
  • Automated manual trade allocation and integrated third-party offerings such as Traiana/Omgeo CTM/Bloomberg for trade matching and allocations, resulting in over 80% efficiency improvement and enhanced accuracy.
  • Led Securities Reference Data and Trade Processing organisations in India with global oversight, enhancing operational alignment across multiple years.

Earlier Career

I-Flex Solutions, Infosys Technologies
Mumbai, Sydney, Bengaluru
06.2002 - 04.2005
  • Core banking, CRM, and digital banking solutions (Finacle ecosystem) and InsureTech

Education

Bachelor of Engineering -

Mumbai University
Mumbai

Skills

  • Domain : Investment banking, Wealth Management, Retail and Corporate banking
  • Equities, Derivatives, Swaps and Fixed income Trade lifecycle (Processing, Clearing, Settlements, Margin processing), Securities Reference Data, FIX and SWIFT messaging;
  • Retail Banking – Loans, CRM, deposits and digital banking
  • Wealth advisory
  • Corporate Banking - Payments, KYC, trade finance;
  • Architecture: Cloud, Microservices, Event-Driven Systems, Legacy Modernization
  • Engineering : Agile at scale, DevOps, CI/CD, Quality Engineering, AI adoption

Leadership

  • Led multi-geographical, multi-cultural teams of 600+ personnel
  • Accountable for hiring, mentoring, performance management, promotions, compensation, and overall capability uplift of the India organisation.
  • Franchise growth - graduate recruiting, diversity hiring - including 'Women in Technology' and 'Return to work' hiring initiatives, brand building and mentoring program, Charity programs, and leadership connect initiatives

Additionl Information

  • British National
  • Visa status : OCI

Timeline

Director - India Head of Wealth Solutions Engg

BNY
09.2023 - Current

Director - India Head - Securities Processing Tech

Credit Suisse
08.2021 - 08.2023

Executive Director - Corporate and Investment Bank

JPMorgan Chase
02.2020 - 07.2021

Executive Director - Institutional Securities Tech

Morgan Stanley
05.2005 - 02.2020

Earlier Career

I-Flex Solutions, Infosys Technologies
06.2002 - 04.2005

Bachelor of Engineering -

Mumbai University
Kaustubh Damle