Director - Head - Position, Risk & Collateral (Global Markets IT)

Job Description

Position Purpose As Head/Domain lead, manage the software development teams based in India to deliver high value IT functionality, stability & Scalability with a scope of responsibility of 100+ FTEs. Responsible for relationship management with Business & IT sponsors in conjunction with respective global domain heads. Lead Transversal transformation programs of a technical nature for the GMIT department beyond the domain, e.g. Engineering initiatives to improve code quality, Technical Debt management, End of Life / Obsolescence, Left shift for testing etc, including the awareness, training and change management dimensions of it. By being a part of the India Global Markets IT (GM IT) ExCo :- Contribute & strengthen the management vision of the department. Contribute to the continuous improvement of GMIT ISPL and implementation of best practices. Lead by example and disseminate the management values & objectives for GMIT Leadership group to boost GMIT ISPL performance. Contribute to true collaboration across all domains of GMIT. Responsibilities Direct Responsibilities Vision in strategy: Key leadership role responsible for managing and driving the IT strategy, execution and delivery of technology and solutions, support position management, risk analytics and collateral management for GM IT The successful candidate will ensure management of ~100+ GM IT professionals. Will act as a key partner with business stakeholders to drive the overall GM IT strategy. Build strong relationship with global business leaders, risk managers, collateral teams to drive business successfully and to ensure consistency and alignment across systems. Visualize business changes and create an IT/innovation mindset so that solutions are ready for the growth of business and subsequent scale-up. Delivery and operations: Overseeing delivery of high-quality, complex IT Programs for the Position, Risk and Collateral teams. Implement Agile methodologies to ensure efficiency in delivery operations. Platform availability, scalability and performance to support high transaction volumes. Collaborate with Application Production Support to optimize production incidents resolutions. Manage relationships with technology partners ensuring cost effective delivery of solutions. Leverage emerging technologies to enhance system architecture and solutions. Drive digital transformation initiatives to improve operational efficiency. Budget management and cost optimization. Continuous monitoring of performance & efficiency of the setup. Identify opportunities for process and technologies improvement. Enable solutions and act as escalation point for Administrative & HR topics. Provide support to business stakeholders & operations leadership. Risk and compliance: Ensure compliance with global regulatory requirements. Implement existing robust IT governance and reporting mechanisms to manage operational excellence. Risk mitigation via implementation of technology obsolescence remediation. Digital Transformation: Manage initiatives, which includes framing transformation programs Getting buy-in from stakeholders and contributors Define the governance, secure capacity, and budget, build/consolidate and maintain the plan, manage dependencies and drive to completion, ensuring effective communication, continuous alignment of contributors and timely running of governance routines. People Development: Drive and manage people development initiatives in partnership with HR. Responsible for mentorship and career growth of the in-scope employees. Consulting point for Talent Acquisition & Technology solutions. Contributing Responsibilities Technology validation & evolution. Support & leadership to organizational initiatives. Identify gaps in existing systems and create action plan to plug those gaps rapidly. Promote automation on all areas that helps to improve quality and faster delivery Technical & Behavioral Competencies Specific Qualifications (if required) An IT Engineering degree or equivalent At least 20 years of work experience in IT At least 10 years of work experience in a Capital Markets IT environment Hands on Programming experience of at least 10 years Experience of managing an overall team of at least 100 staff for at least 3 years Strong understand of Global Markets , trade lifecycle experience in trading platforms Financial markets and regulatory requirements Skills Referential Behavioural Skills Ability to collaborate / Teamwork Decision Making Attention to detail / rigor Ability to deliver / Results driven Transversal Skills: Analytical Ability Ability to develop others & improve their skills Ability to anticipate business / strategic evolution Ability to inspire others & generate people's commitment Ability to develop and leverage networks Education Level: Bachelor Degree or equivalent Experience Level: At least 20 years Other/Specific Qualifications (if required)