Head of Equities Technology

• Lead strategic initiatives to support the Equities India Business
• Navigate complex tech landscapes, end to end technology stack and align it with global standards and meet local regulatory requirements
• Enhancing onshore operations
• Good understanding of the equity and equity derivatives markets
• Should know the nuances of various types of trading algorithms used by sell side brokers (Execution Algos as well Arbitrage Algos)
• Should keep an eye on the emerging trends in the technology landscape
• Understand the SDLC lifecycle well
• Have strong understanding of the Exchange (BSE/NSE) IT Infrastructure and the various components that comes into play
• Knowledge of the exchange co-location architecture
• Should have implemented the SEBI Cyber Security Framework and have a good understanding of the regulations around it
• Good understanding of risks involved in any trading infrastructure including how the risk management layer of various trading systems work
• Should have a forward looking approach towards the capacity planning and the architecture of the overall infrastructure
• Build and mentor a high-performing team which includes a decent sized development as well as infrastructure team
• Ability to think out of the box solutions during a crisis situation
• Liaise with vendors and exchanges on a regular basis
• Build strong relationships with the business and corporate functions, understand commercial goals and risk control requirements, and design technology solutions fit India’s securities markets and regulatory environment
• Collaborate on and influence strategic programs to align with business goals and global technology guidelines
• Reinforce stability, resiliency, and controls standard of the firm
• Manage and oversee the operations of the onshore tech teams
• Provide constructive oversight to large-scale technology programs
• Communicate effectively across all levels
• Accountable for key decisions and issue escalation
• Drive team’s continuous improvement

• Strong knowledge of the India securities markets and business products
• Experience in directly facing local exchanges, regulators, and external audit
• Fulfilment of all necessary regulatory licenses and requirements (i.e., SEBI, RBI, and other securities regulators)
• At least 10 years of experience in information technology with hands-on development experience in equity trading or equivalent front office trading systems
• Track records of managing complex programs and collaborating with global teams
• Strong reasoning, influencing skills, and ability to handle multiple priorities
• Proven experience in developing integrated solutions that combine in-house applications with third-party vendor products
• Experience in managing a team and maintaining strong vendor relationships
• Experience in managing local exchange or regulatory requirements and inquiries in association with Equity Technology systems

Knowledge of FIX Protocol would be an added advantage