Sharmila Kumar
About Sharmila Kumar
Sharmila Kumar is a seasoned finance professional currently serving as Manager and SVP of Technology Banking at City National Bank. She has a strong background in credit management and M&A diligence, with previous roles at notable firms such as Deloitte, PNC, and Wells Fargo.
Work at City National Bank
Sharmila Kumar has been serving as Manager and Senior Vice President of Technology Banking at City National Bank since 2019. In this role, she oversees various aspects of technology banking, leveraging her extensive experience in credit management and financial services. Her responsibilities include managing client relationships and ensuring the effective delivery of banking solutions tailored to the technology sector. Kumar's position at City National Bank highlights her commitment to supporting technology companies through financial expertise.
Education and Expertise
Sharmila Kumar earned a Bachelor of Arts degree in Economics and Accounting from Claremont McKenna College, where she studied from 2003 to 2007. Her educational background laid the foundation for her career in finance and banking. Kumar possesses expertise in managing credit facility restructures, which involves negotiations with private equity clients and internal credit committees. She also has skills in both domestic and international mergers and acquisitions (M&A) events and performance analytics.
Background in Financial Services
Sharmila Kumar has a diverse background in financial services, having worked at several prominent institutions. She began her career at Duff & Phelps as a Senior Associate in M&A Diligence from 2007 to 2010. Following this, she held various roles, including Vice President of Credit Management at Wells Fargo from 2010 to 2015 and Senior Relationship Manager at PNC from 2015 to 2018. Additionally, she worked as a Senior Credit Executive at Union Bank for 10 months in 2018-2019 before joining City National Bank.
Professional Experience at Deloitte and Other Firms
Sharmila Kumar briefly worked at Deloitte in 2006 as part of the Capital Markets team for three months. This early experience contributed to her understanding of financial markets. Throughout her career, she has held significant positions at various firms, including a five-year tenure at Wells Fargo and a three-year role at PNC. Her professional journey reflects a strong focus on technology lending and credit management within the financial sector.
Credit Facility Management Skills
Sharmila Kumar has developed significant skills in managing credit facilities throughout her career. She has experience handling credit facilities ranging from $50 million to $200 million, demonstrating her capability in overseeing substantial financial transactions. Her expertise includes restructuring credit facilities and engaging in negotiations with private equity clients, showcasing her proficiency in navigating complex financial scenarios.