Head of Technology (Chief Information Officer), SG Securities India (Mumbai)
Responsibilities
Job Summary:
• To be responsible for the design, deployment and support of all CTCL / DMA / SDMA solutions on NSE/BSE and global markets for MARK/EQD business line, working in close coordination with other regional XAE functional managers (Orga, Product Delivery, Client Services, Support)
• To be responsible for IT platform stability and maintainability and take appropriate steps to progressively improve production quality. Should have experience in supporting an IT production environment and have the capabilities to troubleshoot
Main Responsibilities:
• Ensure GBTO/EQD/PXS organization operates efficiently in India, meeting local business expectations while contributing to the regional MARK and EMM strategy.
• Review project portfolio in India (budget, resource allocation in coordination with regional functional managers)
• Reinforce regional procedures and ensure correct alignment with global strategy (tools &
procedures, governance…)
• Ensure succession planning for key roles in the team
• Monitor all expenses (project / time tracking) in accordance with the budget
• Collaboration with GBTO/EQD/PXS team for India Market Access.
• Work with GBTO/EQD/PXS team for Trading & Back Office Application support & escalate to vendors as & when required.
• Ensure all local compliance and regulatory requirements are met.
• To set governance standards with IT vendors and take corrective and continuous improvement measures.
• As a key point of contact for MARK EQD business lines and senior management (Risk, GBTO/EQD/PXS, GBTO/EQD/LRD) for any matters pertaining to India.
• To be responsible for IT platform transformation of SGSI Mumbai to move to global tools as per acceptable local India regulation.
• To be responsible for participating in various regulatory IT audits & support Cyber Security Initiatives, act as local liaison person in India for SG global teams.
• To be the IT interface to SGSI clients by providing the new clients an accurate picture of IT capabilities and being client focused by providing them the right level of support.
• To adhere to the IT standards and solutions defined by the EQD PSC IT (LTS and PXS)
• To proactively and professionally manage RISKS to our clients, SGSI, Société Generale and to the EQD PSC IT communities by self-declaration and mitigation, Audit findings etc.
Operational duties:
• Ensure all projects and initiatives in India are 100% compliant with local exchange/regulatory requirements
• Escalate issues to the regional Head of GBTO/EQD/PXS and local manager when required.
• Supervise NSE/BSE market evolution / foreign relationships (Algo / OneTouch CTCL /DMA/ETI requirements…)
• Propose and develop new solutions to strengthen our SDMA trading control framework in India.
• Assist MARK sales to clarify high frequency / low latency client’s requirements
• Provide 3rd level expertise in case of Incident/problem related to DMA setup/connections in India
• Propose enhancements of regional / global core GBTO/EQD/PXS applications to guarantee local requirements are fully considered.
• Assist regional managers in the planning and execution of their strategy by providing functional and technical insight and allocating key resources when needed.
• Provide functional and technical expertise and propose a clear roadmap for all local systems in India (Direct Connectivity/Lease line, Greeksoft, Bolt, Neat, NCMS, BaNCSIND…)
• Support to inhouse Front Office Trading / Dealing Desk users.
• Assist Back office / Operations department users for any issues faced by them during operation hours.
Profile required
Academic Background (degree and major): Graduate in any field
Relevant Working Experience in number of years: Min 10+ years in Financial and Brokerage industry
Skills & Competencies required:
• Knowledge of major trading platforms / (NEAT, BOLT, DMA Vendor applications etc.)
• Expertise on Indian exchanges and foreign client relationships (NSE, BSE)
• Strong Financial industry experience (cash and derivative markets)
• Demonstrates excellent project management skills
• Knowledge of ITIL best practices (service management)
• Should have experience in investment banking / listed derivative or cash equity domain market from an IT perspective.
Client-:
• Ability to build long term and trustworthy client / internal partner relationships
• Pay attention to all risks for the company and the client / internal partner
Team Spirit-:
• Ability to support colleagues, understand their role and objectives
• Ability to listen and share one’s views and expertise in an open manner
• Dealing with conflicts proactively and in a positive mode
Innovation-:
• Promoting simplicity over complexity and favoring simple solutions
• Comfortable with change and being able to support it
Responsibility-:
• Ability to understand and be on the lookout for all risks associated with one’s activities
• Striving for high performance
• Demonstrate high responsibility in one’s activities and accountability of the same
Commitment-:
• Continuous development of one’s knowledge and competencies
• Ability to honor commitments and foster a climate of mutual trust
• Ability to work with colleagues from different backgrounds and culture
Language Skills: English
Computer Skill: IT Hardware / Software / Networking skills
Business insight
Societe Generale Securities India Pvt. Ltd. (SGSI) is the stock-broking arm of Societe Generale Group (SG Group) and was one of the earliest foreign brokers to enter India. SGSI started with a representative office in 1994 and established a full-fledged presence by 1995.
SGSI is a Securities and Exchange Board of India (SEBI) registered Stock Broker with Trading and Clearing Membership and obtained membership of Stock Exchanges (National Stock Exchange, Bombay Stock Exchange and Metropolitan Stock Exchange) to provide services in various segments (Cash Equities, F&O, Currency & Debt) of Stock Exchange. The Company has been active in the Stock Market since 1997.
SGSI is managed by a team of professionals /specialists in the broking business. The Company has a dedicated team of specialist dealers & traders to cater to the needs of institutional clients.
The Company has established itself as a premium player in the institutional segment where quality service and best technology combined with best possible execution and clearing services. The Company aims to specialize and develop capabilities in providing best quality execution and clearing services to its clients.
Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.