Yogesh Sonar
Vice President - Technology
Borivali East, Mumbai
Summary
Vice President – Head of Fixed Income Technology leading 21+ people across electronic trading platforms, change and release management, and vendor-backed application support across fixed income and equities. Oversees IT risk and control, BCM, 13+ regulatory forums per year, audits, regulatory inspections, and outsourcing while guiding global teams through complex implementations and new product delivery. Strengthens governance and service reliability through automation, stakeholder alignment, and disciplined reporting.
Overview
4
4
Languages
26
26
years of professional experience
Work History
Vice President – Head of Fixed Income Technology
Nomura Fixed Income Securities Limited | Nomura Capital India Private Limited
Mumbai
01.2013 - Current
- IT Risk and Control Lead. Monitored key risks and established risk management procedures. Directed cross-functional teams to implement risk assessment frameworks.
- Head of Business Continuity Management.
- Oversaw service management for senior management across diverse electronic trading platforms and applications.
- Managed regulatory expectations through oversight of regulatory landscape, audits, inspections, risk assessments, policy development, monitoring, reporting, and regulator engagement.
- Managed IT implementations for large complex systems (FX, Regulatory reporting, Loan Business, RBI/CCIL applications etc.)
- Led cross-functional teams for the successful completion of major projects, resulting in increased efficiency and client satisfaction.
- Analyzed and supported electronic trade information, market data, price valuation, and risk for EQ and Fixed Income.
- AI Automations on Claude. Designed and developed tactical automations given new Business requirements
- Coached and mentored junior team members to cultivate talent
- Built strong collaborative relationships with stakeholders at all levels of the organization
- Streamlined operational processes, resulting in increased efficiency and reduced turnaround times for client deliverables.
- Mentored junior staff, fostering a culture of continuous improvement and professional development within the team.
- Collaborated with senior leadership to refine organizational strategies aligned with market dynamics and client needs.
- Oversaw compliance adherence, ensuring alignment with regulatory requirements in all business operations.
- Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
- Negotiated high-value contracts that maximized profitability while mitigating risks for the organization.
- Managed financial planning and budgeting processes, ensuring fiscal responsibility and maximizing return on investments.
- Established a culture of continuous improvement, fostering innovation and driving sustainable growth across the organization.
- Identified opportunities to improve business process flows and productivity.
- Leveraged technology to automate workflows and streamline processes, resulting in increased productivity and cost savings across the organization.
- Ensured regulatory compliance at all times by implementing robust internal controls systems coupled with proactive monitoring mechanisms.
- Held monthly meetings to create business plans and workshops to drive successful business.
- Represented organization at industry conferences and events.
Principal - Technology
Nomura Services India Private Limited
Mumbai
01.2010 - 01.2013
- Managed support services for Nomura EMEA Equities Division, ensuring seamless operations and user satisfaction.
- Oversaw senior management engagement for electronic trading platforms and Nomura global applications, facilitating informed decision-making.
- Led cross-functional teams to drive technology initiatives and enhance operational efficiency.
- Managed complex software development projects, ensuring timely delivery and adherence to quality standards.
- Collaborated with stakeholders to define project requirements and deliver innovative tech solutions.
- Streamlined IT processes through automation, reducing manual efforts and increasing productivity across operations.
- Managed large-scale technology deployments from planning to execution while minimizing downtime during transitions.
- Established a reputation for technical expertise by providing exceptional support during critical system outages or incidents.
- Collaborated with stakeholders to identify technology needs and develop custom solutions tailored to specific requirements.
- Promoted a culture of innovation by encouraging the exploration of new ideas, tools, and techniques to drive continuous improvement within the technology department.
- Managed end-to-end change/release processes across regional Equities systems
- Transformed legacy systems by migrating them to modern platforms that increased operational efficiency and scalability.
- Championed adoption of agile methodologies within technology team, resulting in improved project delivery times and streamlined workflows.
- Enhanced collaboration between departments with the implementation of unified communication tools and software applications.
- Developed long-term technology roadmaps that guided decision-making around resource allocation and strategic investments.
- Optimized systems performance by conducting thorough assessments and implementing strategic upgrades.
- Mentored junior technologists, fostering a culture of continuous learning and professional development.
- Increased efficiency by streamlining and automating processes within the technology department.
- Played an instrumental role in driving digital transformation initiatives across the organization, resulting in streamlined processes and improved customer experiences.
- Spearheaded initiatives to improve system performance and operational efficiency.
- Analyzed complex technical challenges, proposing strategic solutions for improvement.
- Championed the adoption of agile methodologies within the technology team, leading to faster project delivery times and more efficient workflows.
Sr. Technical Associate
TechMahindra Limited
Mumbai
01.2006 - 01.2010
- Provided services and support for British Telecom UK on convergent billing application platform, delivering reports to senior management.
- Designed and implemented new process workflows for interfaces, improving clarity and efficiency.
- Spearheaded the adoption of industry best practices across Production Services Support for Telecom Business, enhancing operational efficiency and effectiveness.
- Orchestrated end-to-end change/release processes across systems, adhering to best practices and minimizing disruption
- Cultivated collaborative relationships with stakeholders across all organizational levels, enhancing alignment and cooperation.
- Provided mentorship and coaching to junior team members, instilling best practices and fostering professional development. Facilitated workshops to enhance team collaboration and optimize project outcomes.
- Conducted system analysis to identify bottlenecks and propose effective solutions. Designed new process workflows for interfaces.
- Collaborated with stakeholders to align technical strategies with business objectives.
- Developed and maintained detailed technical documentation to facilitate knowledge transfer for seamless team handoffs.
- Improved project outcomes by actively participating in the planning, analysis, design, development, testing, deployment, and maintenance phases of various software applications.
- Optimized code quality and maintainability by conducting thorough code reviews and providing constructive feedback to peers.
- Monitored system performance to identify potential issues.
Sr. Associate
Ugam Solutions Private Limited
Mumbai
01.2005 - 01.2006
- Developed software for market research surveys and questionnaires, enhancing data collection and analysis processes.
- Analyze business requirements to ensure that it is clear, concise, and unambiguous.
- Identified dependencies and conflicts between requirements, proactively resolving issues to maintain project timelines.
- Feasibility and viability of each requirement in terms of technical, operational, and budgetary constraints.
- Revised and refined requirements based on stakeholder feedback, ensuring alignment with business objectives and improving project outcomes.
Sr. Software Engineer
Chemtron Science Labs Private Limited
Mumbai
01.2004 - 01.2005
- Developed high-level architecture and design for software of gas chromatographs, defining system components, modules, and interactions to enhance functionality.
- Managed SDLC and delivered ongoing maintenance and support for software post-deployment, ensuring system reliability and user satisfaction.
- Analyzed functional requirements and prioritized deliverables based on criticality and alignment with business goals, optimizing workflow and resource allocation.
- Streamlined code review processes, improving overall software quality and reducing bugs.
- Implemented agile methodologies, accelerating project timelines and enhancing team collaboration.
- Collaborated with management, internal and development partners regarding software application design status and project progress.
Sr. Developer
Quality Loggers Private Limited
Mumbai
01.2003 - 01.2004
- Break down the development tasks into smaller units and implement them iteratively. Perform system testing to validate the software against the overall requirements
- Managed client support and deliverables to ensure timely resolution of issues. Validated requirements with stakeholders to accurately capture their needs and expectations.
- Utilized prototypes, mockups, and simulations to visualize requirements and gather actionable feedback.
- Implemented code review processes, improving code quality and reducing defects significantly.
- Analyzed system performance metrics, identified bottlenecks, and proposed optimization strategies.
- Managed software versioning using Git, enabling smooth collaboration among team members while maintaining detailed change records for future reference.
Software Developer
Tanna Electronics
Mumbai
01.2001 - 01.2003
- Defined user stories and use cases to clarify functionality requirements and guide development.
- Developed and implemented data models, user interfaces, and APIs to enable required functionality.
- Perform unit testing to validate the functionality of individual components.
- Conducted integration testing to verify seamless collaboration between different modules.
- Streamlined application deployment processes, reducing downtime significantly.
- Integrated automated testing frameworks to improve software reliability and performance.
Education
Chief Digital & AI Officer (CDAIO) -
Indian School of Business (ISB)
07-2026
Advanced Diploma in Computer Software -
Father Agnel Institute of Technology
Bandra, Mumbai03-2002
Bachelor Of Engineering (B.E. Electronics) -
Mumbai University
Terna Engineering College, Nerul, Navi Mumbai03-2001
H.S.C -
Mumbai University
Sathaye College, Vile Parle, Mumbai03-1997
S.S.C -
Mumbai University
St. Francis D'Assisi High School, Borivali, Mumbai03-1995
Skills
AI automations
Electronic trading platforms
Market data analysis
Regulatory reporting systems
Service management oversight
Business continuity planning
Incident management
Operational risk management
Accomplishments
- Collaborated with team of 25 in implementing FX rollout .
Awards and Accolades
Received ‘AeJ Young Talent’ and other awards.
Timeline
Vice President – Head of Fixed Income Technology
Nomura Fixed Income Securities Limited | Nomura Capital India Private Limited
01.2013 - Current
Principal - Technology
Nomura Services India Private Limited
01.2010 - 01.2013
Sr. Technical Associate
TechMahindra Limited
01.2006 - 01.2010
Sr. Associate
Ugam Solutions Private Limited
01.2005 - 01.2006
Sr. Software Engineer
Chemtron Science Labs Private Limited
01.2004 - 01.2005
Sr. Developer
Quality Loggers Private Limited
01.2003 - 01.2004
Software Developer
Tanna Electronics
01.2001 - 01.2003
Chief Digital & AI Officer (CDAIO) -
Indian School of Business (ISB)
Advanced Diploma in Computer Software -
Father Agnel Institute of Technology
Bachelor Of Engineering (B.E. Electronics) -
Mumbai University
H.S.C -
Mumbai University
S.S.C -
Mumbai University
Work Availability
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