Head - Application - BFSI

Job Responsibilities:-

- To ensure the development of the required applications and systems architecture, as well as define the applications- design principles and model, taking into consideration the overall IT architecture of the bank, the technological trends, the requirements of the business, growth plans and the capabilities of the IT division.

IT Applications

1. Contribute to the development of IT strategy and ensure translation and alignment during the development and monitoring of departmental strategy including objectives, targets and initiatives

2. Recommend improvements to IT policy and direct the implementation of procedures and controls covering all areas of IT applications so that all relevant procedural/ legislative requirements are fulfilled while delivering a quality, cost-effective service to customers

3. Prepare and recommend the IT applications budget by conducting analysis and data related to specific elements as directed

4. Drive the day-to-day operations of the team to ensure that work processes are implemented as per approved design and comply with established policies, processes and procedures

5. Guide the development of application's and system's architecture and ensure that it is in compliance with the overall IT architecture of the Bank, in order to support the development of applications and its improvements that will support the achievement of Bank's objectives

6. Assess the current operating systems and applications in use, so as to identify if and how they can support the realization of business needs and how the new applications and systems can be ported or integrated

7. Define business processes, governance, key participants and required skills that have to be implemented and followed in the development of applications and projects.

8. Lead the development of IT architecture standards and principles, covering all IT systems in accordance with established quality guidelines

9. Analyse the needs of the IT division in projects and application developments, evaluate the business requirements, and prepare the relevant expenditure budgets around architecture & integration, in-line with annual business plans

10. Ensure the continuous monitoring and follow-up of the applications and projects development, in order to verify that they comply with the architecture of the division

11. Provide guidance for the resolution of issues of non-compliance with the architecture while also guiding the development of modification and adjustments in the enterprise architecture in order to better meet the business requests

12. Ensure that all aspects of the specified architecture principles and standards are communicated effectively across functions to facilitate awareness and adherence to defined guidelines while promoting processes related to architecture, outcomes and results

13. Guide the development of detailed implementation plans (e.g. resourcing, capacity, scheduling, key deliverables, milestones, cost estimates, etc.) to ensure achievement of project objectives in accordance with business requirements and user satisfaction.

14. Manage implementation of Architecture and Integration projects and plans, using well-established project management methodologies and tools in accordance with established policies and procedures

Technology Risk and Information Security

15. Identify information security issues, concerns, threats and vulnerabilities in the current environment and ensure the implementation of IT security policies across the Bank

16. Lead the analysis of Information Security operations, systems and infrastructure for the evaluation and identification of the potential information security issues that the organization may face in the future

17. Conduct security audit and identify security issues, if any, and proceeds to the introduction of solutions to that will protect the Bank from future breaches

18. Ensure the development and implementation of security systems, applications and procedures, e.g. firewalls, IPS, certificates etc, for the effective protection of banking operations

19. Evaluate information system bug reports, security exploit reports, external logs, and security notices in order to recommend and control the accurate implementation of precautionary measures

20. Govern the implementation of IT physical and environmental security standards so as to enable the safe and secured operation of IT infrastructure

People

21. Ensure that the employees within the division maintain the highest standards of professional conduct, ethics, integrity, and control in execution of all their daily operations

22. Drive a performance driven culture in the team by timely monitoring, review of performance parameters and feedback to the team members

23. Take overall responsibility for identification of training needs and completion of mandatory training programs/certifications for self and reportees

24. Mentor and coach subordinates to develop the team's capabilities and build a robust succession pipeline

25. Ensure that the all the departments reporting to him/her are adequately staffed as per the manpower requirements

26. Ensure high level of employee engagement and retention of key performers

Qualification : BBA/ BTech/BSc (Computer Science/ IT)