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14/03 Dheeraj Jachak
Account Lead at IARA HR Services

Views:2635 Applications:207 Rec. Actions:Recruiter Actions:20

Senior Director - IT - Delivery Manager Credit risk - Global Investment Bank (15-20 yrs)

Pune Job Code: 551076

Credit Risk Information Technology

Credit Risk IT IB (CRIT) is part of Risk & Finance IT (RFIT) and supports the Credit Risk Management group within the Risk Division, responsible for Credit Risk Management, Credit Scenario & Stress Testing, Stressed RWA, Credit Limit approval and monitoring availability.

CRIT teams are located across London, US, Singapore, Zurich, Poland and India with over 700+ staff globally, ~60% permanent, contract and vendor staff in India.

Role

We are now recruiting a CRIT Methodology Delivery Manager Application Lead in the Pune office, to oversee and drive the CRIT methodology core calculations application delivery team and to manage relationships with the key Credit Risk Management stakeholders in India. This is a global role with global front to back delivery responsibility and mission critical application ownership facing off directly into senior related global business stakeholders. This role will also have regional lead oversight responsibility for the wider India Credit Risk IT IB department dot reporting into the Global Head of Credit Risk IT.

Responsibilities

Delivery

- A challenging and exciting senior role reporting functionally to the Global Head of Credit Risk IT Methodology and for regional India responsibilities into the Global Head of Credit Risk IB IT.

- As part of the global Credit Risk IT methodology management team, be responsible for establishing & heading the Credit Methodology team for CR IT India and globally for related application coverage.

- You will have the opportunity to join a dynamic and exciting environment, and learn multiple aspects of investment banking technology in an international team.

- Be accountable & take functional ownership of deliveries for the global team for related applications.

- Responsible for all departmental level operations, business functional delivery and stakeholder relationship management. Boost efficiency, reduce costs, and foster innovation. Deliver top initiatives for the bank (in strong cross-divisional collaboration where needed). Achieve financial and portfolio targets. Establish divisional IT strategy, design governance, innovation in line with Group IT. Manage and comply with standards and requirements. Contribute to the IT-wide human capital agenda and culture.

- Responsible for all human capital processes, staff assignments, career development, day to day operations, delivery, technology strategy, budget, SLAs and KPIs.

- Agile functional delivery of highly complex regulatory and business critical programs.

- Be responsible for working with the global CR IT leads to ensure we deliver on regulatory commitments, drive operational improvements and maintain sustainable application platforms.

- Work with project managers to budget and resource projects and agree development work plans.

- Recruit new hires globally into the development and related functional teams.

- Provide training and knowledge transfer to the development and support team.

- Own and review best practices artefacts, perform checks on an ongoing basis, and produce metrics to track quality.

- Act as principal point of contact for application platform related support during UAT and QA test phases. Drive increased production stability and user experience through eliminating debt and left shift, self-service opportunities.

- Point of contact for support team, investigating and resolving post-release issues found in production.

- Monitor, coach, support, motivate and develop team members (as applicable) to enable them to deliver to best of their abilities.

- Focus on production support, performance; stability and scalability of the calculation application portfolio ensuring business impact downtime issues are minimal with no repeat offenders. Pro-actively follow up on corrective closure measures and ensure best in class 1st, 2nd and 3rd line support teams and structure in place to deal immediately with any business incidents that do arise.

Strategy

- Contribute to IT strategic initiatives across RFIT and beyond, both within India and more globally.

- Drive strategic innovation pragmatically, challenges the status quo; evangelizes technologies.

- Manage cost conscious use of locations, vendor engagements, third party software and software tools.

- Advisory, review and sign off role regards the evolution of the credit risk calculation architecture in line with wider strategic bank initiatives.

- Evolve the strategic technical architecture.

Technical

- Review and instigate best practice Coding, Testing, Building, Source Control, Monitoring and Logging standards for your application suite.

- Continually evaluate existing software, identify quality gaps and create a roadmap for their closures.

- Mentor, drive and improve the performance development team, perform ongoing reviews, evaluate, discuss and ensure best technical design approach and strategy taken.

- Take technical ownership of the technology set for the development team and liaise with product-aligned technology managers and platform support teams in driving short and long term changes.

- Review and participate in technical design discussions with architecture board, peer development managers and development team.

Client

- Be the senior client partner representing CRIT methodology program and project delivery as well as stability/service delivery of CR Methodology IT systems to senior (MD/DIR) clients.

- Continually develop and maintain strong partnerships with senior IT, Business clients, Change and stakeholders.

- Accountable for all operational aspects of the methodology calculations keeping on top of constantly increasing demand, changing usage patterns and increased data volumes. The systems support several hundred active global users who use the system 24x5 to load, analyses and report many types of risk and for several hundred other users (font office, trading, and finance) who use the systems for daily or ad hoc queries ultimately with reports being sent to regulators.

- Liaise with platinum clients and senior internal department heads to understand immediate and future requirements. Build these into plans and priorities accordingly, review in related governance forums and manage budget process accordingly.

- Establish and ensure appropriate governance structure, run and attend relevant forums, working groups, STCs etc. with senior (MD/DIR).

Required Expertise & Experience

Experience

- Minimum 15+ years of experience in the Investment Banking and/or Credit Risk domains.

- Engineering degree in Computer science or equivalent.

- Proven experience in building and driving effective application development teams dealing with budgets in excess of 20 million CHF yearly.

- Proven track record of managing large teams of multiple job families (AD, BA, QA, and PM) across locations and functional expertise.

- Effective project and program management skills.

- Previous experience in a significant change programs in an investment bank cross multiple parallel programs.

- Strong management experience in managing development & vendor teams.

- Clear ability to communicate clearly and effectively verbally and in written / presentation form.

- Ability to effectively design, collaboratively gain alignment and successfully execute large change initiatives from project start to finish.

- Good knowledge of investment banking front office business.

- Knowledge of the regulatory environment relevant for large complex financial institutions.

- Excellent oral and written communication skills - ability to interact effectively with all the levels of management.

- Experience working within an on-shore/off-shore systems development and support environment.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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