Application Support Lead (Stock Broking) Mumbai

Monarch Networth Capital Ltd; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Monarch Networth Capital Ltd in Mumbai (BKC) seeks an Application Support Lead to manage critical business applications, ensure high availability, and drive rapid incident resolution. You will lead a team of support engineers, define SOPs, and manage SLAs with a focus on robust operations.

The role requires 8-15 years in IT application support, with at least 3 years in a leadership capacity, and preference for candidates from financial services tech environments.

Qualifications

• B.Tech/B.E. in Computer Science, IT, or related field; MBA or relevant technical certifications are a plus.
• Experience: 8-15 years in IT application support, with at least 3 years leading an application support function. Financial services or broking tech environment experience strongly preferred.
• Functional Competencies: Technical Expertise: Deep understanding of enterprise applications, database querying (SQL), API integrations, log analysis, and monitoring tools.
• Tools: Proficient in ITSM tools (e.g., ServiceNow, Jira), application monitoring platforms, and advanced Excel for MIS reporting.
• Behavioral Competencies: Sourcing & Team Management: Proven track record of building and managing high-performing technical support teams.

Responsibilities

• Operations & Incident Management: Own the end-to-end management of critical business applications, ensuring high availability, performance monitoring, and rapid resolution of escalated technical issues.
• Team Leadership & Strategy: Lead, mentor, and guide a team of support engineers, establishing robust SOPs, escalation matrices, and SLA management frameworks.
• Cross-Functional Collaboration: Work with software development, infrastructure, and QA teams to troubleshoot root causes, manage patch deployments, and streamline release management.
• Vendor & Performance Management: Monitor application performance metrics, manage third-party vendor relationships for software solutions, and coordinate with business on requirements.

Skills

Team leadership

Incident management

SQL

APIs

Monitoring tools

Education

B.Tech/B.E. in Computer Science or IT

MBA or relevant certifications (optional)

Tools

ITSM tools (ServiceNow, Jira)

Application monitoring platforms

Excel for MIS reporting

Job description

We need an Application Support Lead who ensures uninterrupted system availability, rapid incident resolution, and smooth deployment cycles. Candidate will not just be managing support tickets; but also safeguarding the technology backbone that drives the business momentum.

Job Location : Mumbai BKC

Job Responsibilities

• Operations & Incident Management: Own the end-to-end management of critical business applications, ensuring high availability, performance monitoring, and rapid resolution of escalated technical issues.
• Team Leadership & Strategy: Lead, mentor, and guide a team of support engineers, establishing robust Standard Operating Procedures (SOPs), escalation matrices, and SLA management frameworks.
• Cross-Functional Collaboration: Work closely with software development, infrastructure, and QA teams to troubleshoot root causes, manage patch deployments, setting of DR for the critical applications and conducting live DR, security compliance management of applications and streamline release management. Application familiarity like ODIN, Greek.
• Vendor & Performance Management: Monitor application performance metrics, manage third-party vendor relationships for software solutions, and drive continuous improvement initiatives to minimize downtime. Coordinate with business on the requirements and ensure delivery of the same post the feasibility.

Job Requirements

Qualifications : B. Tech/B.E. in Computer Science, IT, or a related field; MBA or relevant technical certifications are a plus.

Experience : 8 -15 years in IT application support, with at least 3 years leading an application support function. Financial services or broking tech environment experience strongly preferred.

Functional Competencies : Technical Expertise: Deep understanding of enterprise applications, database querying (SQL), API integrations, log analysis, and monitoring tools.

Tools : Proficient in ITSM tools (e.g., ServiceNow, Jira), application monitoring platforms, and advanced Excel for MIS reporting.

Behavioral Competencies : Sourcing & Team Management: Proven track record of building and managing high-performing technical support teams.

About Monarch Networth Capital

Monarch Networth Capital is a listed entity, with a market cap of Rs 3,000+ Crs & three decades of experience in financial services’ businesses, spanning Retail Broking, Asset Management (AIF & PMS) Institutional Equities, Investment Banking, Debt Capital Market, Wealth and Third-party product distribution.

It has a sprawling presence across 140+ cities through 33+ branches and 900+ sub-brokers. Working in consistent conformity with a credo of “creating lasting value for customers” and a diverse portfolio of services, Monarch Networth Capital derives its differentiation from strong and in-depth research framework. It thrives on wealth augmentation and work with a “Client First” approach, across each segment of business operations. As a professionally managed organization, Monarch promotes “entrepreneurship” and a self-motivated work culture.