Engineering Head/Chief Technology Officer - FinTech/NBFC

Head Engineering / Chief Technology Officer - Leading listed NBFC

About the Company :

The client is a Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI) as ND-SI (Non-Deposit taking systemically important) and is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Lending Business :

The company lends primarily to three sectors:

1. Real Estate Lending: The client provides short to medium term loans to real estate developers at different stages of project implementation including the project approval stage funding or as a last mile funding

2. SME and Retail Lending: The client provides financial solutions for micro, small and medium entity/s by providing short to medium term loans for acquiring capital assets like machinery /equipment, Loan against property, Loan against Property Rentals, etc.

3. Affordable Housing Finance: The company has has an aggressive Affordable Housing finance business and is progressively venturing into tier 2/3/4 towns.

Role: Chief Technology Oficer :

The company is targeting to increase the new loan acquisition / disbursement over 4X in the next 2 years. To support this pace of growth, CTO shall be responsible for delivering on mobility and digitalization initiatives, while ensuring stability of existing platforms and application through regular refresh and up gradation, and ensuring Technology Risk compliance.

1. Strategic :

1. Creat Digital Strategy for the NBFC

2. Led business transformation across Lending, Digital Business, Core platform and Infrastructure

3. This included assessment of last year IT Roadmap, stakeholder mapping, IT implications of business plans and derivation of key IT initiatives

4. IT Policy refresh

5. Strategic projects across the business units - Security Implementation, IT Audits etc.

6. Supporting Board of Directors & Executive Management decision-making with focus on organizations vision of standardization and transformation

7. Setup the business continuity and Disaster Recovery site for the Group

2. Change Management :

1. Selection of Mobile App Development Platform

2. Initiate major Organisation Transformation Projects in areas of Mobility, virtualisation platform, Cloud Computing, VDI and business Intelligence

3. Group wide Implementation and roll out of ERP projects

4. Spearheading the entire functions of assimilating new technology solutions, company IT digital transformation, enterprise class organization

5. Established and validated monitoring technologies to ensure alignment of performance metrics, alert criteria, and other monitoring functions for operations

6. Analyzing the regulatory developments and expectations with respect to IT risk and cyber security to ensure compliance with regulatory requirements in India

3. Project Management :

1. Developed relationships with business stakeholders and leadership teams across geographies and departments

2. Worked closely with third-party vendors and contractors to manage and coordinate projects with the business units and other IT departments, where necessary

3. Rendered consultancy for Request for Proposal (RFP) & Request for Quotation (RFQ) responses