Saurabh Shambharkar
About Saurabh Shambharkar
Saurabh Shambharkar is an Open Banking Programme Lead Business Analyst at HSBC in Pune, India, with extensive experience in payment schemes and regulatory compliance. He has previously held senior roles at Mastercard and Cognizant Technology Solutions, and possesses strong expertise in business requirement documentation and project management.
Current Role at HSBC
Saurabh Shambharkar serves as the Open Banking Programme Lead Business Analyst at HSBC, a position he has held since 2021. Based in Pune, Maharashtra, India, he is responsible for leading initiatives related to open banking, focusing on enhancing customer experiences and integrating new payment solutions. His role involves collaboration with various stakeholders to ensure compliance with regulatory standards and the effective implementation of banking solutions.
Previous Experience at Mastercard
Before joining HSBC, Saurabh worked at Mastercard as a Senior Technical Product Manager from 2019 to 2021. In this role, he contributed to the development and management of payment products, leveraging his expertise in payment schemes and regulatory compliance. His tenure at Mastercard allowed him to deepen his understanding of the payment landscape and enhance his technical product management skills.
Professional Background in Technology and Banking
Saurabh has a diverse professional background, having worked at Cognizant Technology Solutions as a Senior Associate from 2007 to 2016 and at Infosys as a Senior Consultant from 2016 to 2019. His experience spans over a decade in the technology and banking sectors, where he has developed extensive knowledge in areas such as KYC, AML, and regulatory reporting. His roles have involved significant contributions to compliance projects and business transformation initiatives.
Educational Qualifications
Saurabh Shambharkar holds a Bachelor of Engineering (B.E.) degree in Electronics and Telecommunication from Nagpur University, where he studied from 2002 to 2006. His educational background has provided him with a strong foundation in technology, which he has applied throughout his career in the banking and payments sectors.
Expertise in Payment Systems and Regulations
Saurabh possesses deep expertise in various payment schemes, including SWIFT, BACS, CHAPS, and SEPA, among others. He is knowledgeable about ISO 20022 messaging standards and has experience with payment regulations such as PSD1/PSD2. His understanding of compliance frameworks and regulatory remedies applied to banks enhances his ability to navigate complex banking environments.