One Year Full Time MBA (PGPX)




Siddhartha Khanooja

Siddhartha Khanooja

Financial technologist with 5+ years at Goldman Sachs and HSBC, specializing in financial product development and digital transformation. Proven proficiency in AI implementation, stakeholder management, and driving innovation to deliver business value.

Work Experience

Associate, Consumer Banking  | Goldman Sachs | Bengaluru

  • Credit & Fraud Strategy Implementation: Led the development and execution of credit and fraud decisioning strategies for Apple Card, including integrating AI models. This initiative was projected to save $65M over 10 years by enhancing decision accuracy and reducing exposure to high-risk customers.
  • AI-Driven Risk Mitigation: Led the integration and deployment of machine learning models for fraud detection and delinquency prevention as part of the Apple Card decisioning system. These models were projected to contribute to a 15% reduction in credit loss rates, with an estimated financial impact of $25M over 5 years.
  • APR Strategy Optimization: Collaborated with cross-functional teams from Apple and Goldman Sachs to implement changes to credit card APR bands in response to macroeconomic shifts., driving $5M in savings over three years.
  • Apple New Product Days: Led the implementation of customized credit strategies for pre-orders during Apple product launches, resulting in a $5M annual revenue impact. Suggested key credit strategy improvements, which were acknowledged by senior stakeholders for enhancing launch success.
  • System Migration & Codebase Overhaul: Directed a migration to a no-code SaaS platform, resulting in $10M in annual cost savings. This migration improved system tractability, client support, and operational efficiency.
  • Fraud Detection & Compliance Enhancement: Revamped fraud detection workflows, integrating new ID verification systems that led to $5M in fraud savings and prevented $1M in potential compliance breaches.
  • Regression Testing Framework Development: Revamped the regression testing framework for personal loans, automating testing processes and reducing testing time by 90%. This significantly accelerated time-to-market for new features and improved overall product release efficiency.
  • Advisory Role in Fraud Detection: Simplified fraud detection logic, reducing system complexity by 20% and improving operational efficiency with a 40% faster processing time. The solution was adopted, resulting in a 10% decrease in fraud review times and smoother cross-team implementation.

 

Software Engineer, Development | HSBC | Hyderabad

  • Global Card Operations Support: Proactively managed and supported global card operations across 12 countries, preventing system outages and saving $0.5M through early issue identification and resolution.
  • COVID-19 Hardship Program: Spearheaded the backend development for customer hardship programs during the pandemic, benefiting over 1M customers and contributing to $10M in financial relief.
  • NFC Payment Integration: Led the backend integration of Samsung Pay and Apple Pay for NFC transactions in Singapore and Vietnam, driving digital adoption for 2M customers.
  • Testing Automation: Automated testing scenarios for credit card portfolios in MENA and Singapore, reducing testing times by 90% and accelerating release cycles.
Accomplishments
  • Praised by Risk Committee for Strategic Execution - Recognized for leading the rapid implementation of critical credit policy changes for Apple Card, resulting in $5M in fraud savings under tight deadlines. Commended by the Risk Committee, which reports directly to the Board of Directors, for ensuring compliance and effective cross-functional collaboration.
  • Commended for Impact on Apple Product Launches - Acknowledged by managing directors at both Apple and Goldman Sachs for driving $5M in revenue through strategic credit offerings, which were vital to the success of high-profile launches.
  • Endorsed for Innovation During HSBC Hackathons - Reached semi-finalist positions for two consecutive years, developing automation tools, including an OCR-based expense reimbursement system. Senior leadership endorsed these solutions for potential company-wide implementation.
     
Education

Bachelors in Computer Engineering, Thapar Institute of Engineering and Technology, Patiala

Certificates

CSPO®, Scrum Alliance - September 2024

Co/Extra-curricular
  • Lead Science Journalist at Scribbler, the student-run newspaper of TIET.
  • Lead Journalist at TIET Model United Nations (MUN) for both intra-college and inter-college events.
  • Trained Hindustani classical singer; represented Bihar in a national-level Hindustani classical singing competition at All India Radio in high school. 
     

Quick Look

  • Work Experience: 5.7 Years
  • Previous Roles

    Associate, Consumer Banking, Goldman Sachs

    Software Engineer, HSBC

  • Function : Analytics & Data Science
    Product Management/Development
  • Industry/Sector: BFSI
    Technology
Work Experience

Associate, Consumer Banking  | Goldman Sachs | Bengaluru

  • Credit & Fraud Strategy Implementation: Led the development and execution of credit and fraud decisioning strategies for Apple Card, including integrating AI models. This initiative was projected to save $65M over 10 years by enhancing decision accuracy and reducing exposure to high-risk customers.
  • AI-Driven Risk Mitigation: Led the integration and deployment of machine learning models for fraud detection and delinquency prevention as part of the Apple Card decisioning system. These models were projected to contribute to a 15% reduction in credit loss rates, with an estimated financial impact of $25M over 5 years.
  • APR Strategy Optimization: Collaborated with cross-functional teams from Apple and Goldman Sachs to implement changes to credit card APR bands in response to macroeconomic shifts., driving $5M in savings over three years.
  • Apple New Product Days: Led the implementation of customized credit strategies for pre-orders during Apple product launches, resulting in a $5M annual revenue impact. Suggested key credit strategy improvements, which were acknowledged by senior stakeholders for enhancing launch success.
  • System Migration & Codebase Overhaul: Directed a migration to a no-code SaaS platform, resulting in $10M in annual cost savings. This migration improved system tractability, client support, and operational efficiency.
  • Fraud Detection & Compliance Enhancement: Revamped fraud detection workflows, integrating new ID verification systems that led to $5M in fraud savings and prevented $1M in potential compliance breaches.
  • Regression Testing Framework Development: Revamped the regression testing framework for personal loans, automating testing processes and reducing testing time by 90%. This significantly accelerated time-to-market for new features and improved overall product release efficiency.
  • Advisory Role in Fraud Detection: Simplified fraud detection logic, reducing system complexity by 20% and improving operational efficiency with a 40% faster processing time. The solution was adopted, resulting in a 10% decrease in fraud review times and smoother cross-team implementation.

 

Software Engineer, Development | HSBC | Hyderabad

  • Global Card Operations Support: Proactively managed and supported global card operations across 12 countries, preventing system outages and saving $0.5M through early issue identification and resolution.
  • COVID-19 Hardship Program: Spearheaded the backend development for customer hardship programs during the pandemic, benefiting over 1M customers and contributing to $10M in financial relief.
  • NFC Payment Integration: Led the backend integration of Samsung Pay and Apple Pay for NFC transactions in Singapore and Vietnam, driving digital adoption for 2M customers.
  • Testing Automation: Automated testing scenarios for credit card portfolios in MENA and Singapore, reducing testing times by 90% and accelerating release cycles.
Accomplishments
  • Praised by Risk Committee for Strategic Execution - Recognized for leading the rapid implementation of critical credit policy changes for Apple Card, resulting in $5M in fraud savings under tight deadlines. Commended by the Risk Committee, which reports directly to the Board of Directors, for ensuring compliance and effective cross-functional collaboration.
  • Commended for Impact on Apple Product Launches - Acknowledged by managing directors at both Apple and Goldman Sachs for driving $5M in revenue through strategic credit offerings, which were vital to the success of high-profile launches.
  • Endorsed for Innovation During HSBC Hackathons - Reached semi-finalist positions for two consecutive years, developing automation tools, including an OCR-based expense reimbursement system. Senior leadership endorsed these solutions for potential company-wide implementation.
     
Education

Bachelors in Computer Engineering, Thapar Institute of Engineering and Technology, Patiala

Certificates

CSPO®, Scrum Alliance - September 2024

Co/Extra-curricular
  • Lead Science Journalist at Scribbler, the student-run newspaper of TIET.
  • Lead Journalist at TIET Model United Nations (MUN) for both intra-college and inter-college events.
  • Trained Hindustani classical singer; represented Bihar in a national-level Hindustani classical singing competition at All India Radio in high school.