Citi Operations Technology Cash Securities Lead in Pune, India

  • Primary Location: India,Maharashtra,Pune

  • Education: Bachelor's Degree

  • Job Function: Technology

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: Yes, 10 % of the Time

  • Job ID: 17021018

Description

Job Purpose:

The candidate will manage technology deliverables for the Cash Securities settlements technology team in Pune. The Book of work is a mix of deliveries for Global strategic programs like Broadridge, Quantum Replacement etc and enhancements for APAC in country systems . This role will face off with APAC IT head , Global development leads and also external delivery partners. The role will have responsibility for growing the Pune team with a mix of internal and external hires and also ongoing people management for a 50+ strong team.

The candidate will have a deep understanding of Capital Markets settlements and middle office technology platforms; a strong background of delivering complex programs within Capital Markets; proven understanding of excellence in technology governance and execution.

Job Background/Context:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.

Citi’s Mission and Value Proposition explains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.

Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop to are widely available to all.

The Cash Securities Settlements team manages post trades processing globally for Fixed income and Equities Asset Classes. Presently this area is in the midst of a major platform simplification initiative and this hire is expected to play a key role in this area.

Key Responsibilities

Development Lead:

  • Deliver multiple projects/programs aligned with Global Cash Securities strategy from the local team

  • Drive technology strategy for Cash Securities settlements around user-interface and data

  • Drive initiatives to improve productivity across staff and contractors

  • Provide oversight for local in-country vendor applications

Resource Lead:

  • Responsible for managing local Cash Securities team of 50+ people in Pune either in a direct or matrix manager capacity

  • Attract/develop/retain local talent in alignment with cash securities Location strategy

  • Responsible for Risk and Control compliance for local team covering leave policy, timesheet, trainings etc.

Development Value:

  • Opportunity to develop cross product knowledge, industry leading emerging technologies and front to back business process. Opportunities to demonstrate ability to deliver complex programs and to expand into more senior regional and global roles.

Qualifications

Knowledge and Experience:

  • Demonstrated experience in the Trades Processing Domain (Settlements/Middle office)

  • Strong Capital Markets Operations and Middle Office product/platform knowledge

  • History of successful execution of large scale programs and projects covering both operational and technology disciplines

  • High energy and passionate about process and continuous improvement

  • Management experience to manage complex migration projects

  • Proven delivery of large program governance within Capital Markets Operations Technology.

  • Experience of managing medium size team and motivating people to deliver.

  • Exposure of current infrastructure, UI, databases and tools trends. Implementation experience is a plus

  • Managing senior stakeholders local and remote

Skills:

  • Strong knowledge of Java/J2EE/Oracle or any other RDBMS database

  • SDLC/Agile and major program governance

  • Experience of working closely with Operations to deliver targeted ‘process-led’ solutions

  • Ability solve complex problem aligned to strategy

  • Highly effective written and verbal communication skills

Qualifications:

  • Strong educational background – preferably to degree level

  • 15+ years of program management in capital markets domain

Competencies

Integrity:

  • Consistent with Citi values

  • Gives, and seeks, honest and open feedback.

  • Respected and trusted

  • Takes responsibility

Performance:

  • Results-orientated

  • Sets clear objectives and develops plans to meet them.

  • Balances the strategic with the day-to-day

Progressiveness:

  • Generates and implements new initiatives

  • Promotes exchange of learning, best practice and new ideas

  • Spots patterns in data and makes appropriate decisions

Teamwork:

  • Sets clear direction, sells benefits to gain commitment

  • Uses reciprocal relationships for the common good

  • Generates pride in the team