Head of Middle Office, Private Assets, Pensions Technology

HSBC; Maharashtra; On-site; INR 30,000,000 - 60,000,000; Full time

Job summary

HSBC Technology in Pune, India, seeks a seasoned Head of Private Assets, Middle Office and Pensions Technology to lead a 75+ FTE team and manage a multi-million USD budget. You will shape technology delivery across global Private Assets platforms, drive agile practices, and partner with business leaders to deliver strategic outcomes.

The role requires 15+ years of leadership experience, strong vendor management, and a track record of delivering complex technology programs in a financial services

Qualifications

• 15+ years leading large, cross-geography IT teams.
• Experience in managing 20+ million USD annual budgets and vendor relationships.
• Strong knowledge of Agile, DevOps, and DevSecOps.
• Understanding Securities Services, Private Assets, Middle Office and Pensions domain is a plus.

Responsibilities

• Lead a multi-discipline team across locations to deliver technology outcomes.
• Manage technology delivery budget and major client change pipelines.
• Ensure service availability and production management for SSv platforms.
• Collaborate with business heads to align technology priorities and risk management.

Skills

Leadership

Budget management

Vendor management

Agile/DevOps

Stakeholder management

AI awareness

Tools

Public Cloud

ITIL/Service mgmt

Job description

Some careers have more impact than others.

If you’re looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC.

HSBC is one of the largest banking and financial services organizations in the world, with operations in 58 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of SSv- Head of Private Assets, Middle Office and Pensions Technology.

The Opportunity

Securities Services (SSv) Technology is a global IT function responsible for the delivery of strategic, regulatory, BAU and service sustaining technology change, as well as the ongoing support of the technology platform supporting the SSv business. As part of the SSv environment, Private Assets, Middle Office and Pensions services a range of international clients.

SSv Technology provides the technology and solution design capability cross these services to maintain and improve existing services and develop innovative propositions that ensure SSv remains competitive in the market.

The role location is based in Pune, India. The role reports to the Head of Funds Technology, under the CIO of Securities Services Technology, focusing on the global Private Assets, Middle Office and Pensions platforms.

What You Will Do

• Leadership of a multi discipline team circa 75+ FTE across multiple locations.
• Management of technology delivery budget circa 20–25m USD annually, including major client change pipelines.
• Enabling delivery of SSv strategy through support and delivery of the technology platform.
• Service Management of all SSv systems and platforms owned by the role including delivery of new features and functionality, maintenance, as well as production management, service availability and vendor management.
• Design and lead the Private Assets, Middle Office and Pensions technology delivery teams in line with the SSv IT architecture principles.
• Developing relationships with all interested parties within SSv and with our clients.
• Work closely with the Heads of Private Assets / Middle Office / Pensions Product, Product Delivery and Operations teams to agree priorities for technology and change delivery, to meet business objectives whilst optimising available resources and managing risks to service availability.
• Continually seek to promote innovate solutions to business problems through technology.
• Resource and financial management for the function.
• Collaborate with other delivery teams to ensure optimum deployment of delivery resources.
• Work closely with the Value Stream peers to define a common vision & outcomes plus set OKR’s.
• Drive governance that is accountable and meaningful, supporting delivery and aligned with Group practices.
• Promote an environment of inclusion, diversity, collaboration and trust within the Group, helping teams to define the plans and to remove their barriers to delivery.
• Inspire confidence in the future vision and generate excitement, enthusiasm and commitment in their teams.
• Foster strong working relationships across the SSv Technology and wider SSv.
• Promote the value of challenging the status quo, seeking to improve ways of working and having a forward-thinking mind-set, in line with the Group’s Values and Strategy.

To be successful in this role, you should meet the following requirements:

Knowledge

• Securities Services business knowledge, specifically Private Assets, Middle Office and Pensions a key benefit.
• Management of change within an IT environment, large scale budgetary and vendor management.
• Change delivery practices including a working knowledge of a range of methodologies e.g. Agile, DevOps, DevSecOps, etc.
• An understanding of the product development lifecycle, SDLC’s, Operational Efficiency processes, strategic change management.
• Exposure to AI and the ability to integrate into business and technology environments.
• Digital Assets knowledge would be of benefit but not essential.

Experience

• Leading, building and motivating large scale high performing teams across multiple geographies and cultures, minimally 15 years’ experience.
• Influencing and negotiating at Director and Managing Director level within a similar commercial environment, global and regional, minimally 10 years’ experience.
• An innovating thinker in touch with the latest technologies developments and an ability to challenge ways of working and think Agile, DevOps, AI.
• Inspires trust through credibility evidenced via exceptional communication skills both written and verbal.
• Management of vendors and externally hosted platforms on both public & private cloud.
• Demonstrates a driven and execution-focused attitude, driving solutions towards closure in an urgent and professional manner.
• Budget and financial management of over 20MM per year, over multiple (5+) budgetary cycles.

Communication

• Strong communicator with leadership credentials (leading multi-cultural teams across different time zones).
• Managing and communicating with senior business stakeholders, clients, regulators and technology leadership.
• Experience of managing vendors on complex engagements and assignments.
• Inspires confidence at all organisation levels.

Management of Risk

Proactive management of risk, both in a delivery and a service management context, leveraging insight and support from across the business in order to translate and communicate this risk in business terms.

Responsible for the continual assessment of financial, regulatory, reputational and operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructuring and the impact of new technology.

Demonstrates compliance with HSBC Bank plc Group standards, manuals and policies and adheres to the defined work practices, internal controls and risk management standards associated with the role

Observation of Internal Controls

Maintains HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

Understands, follows and demonstrates compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business activities associated with the role, specifically HSBC Bank plc internal controls and compliance policies and manuals.

You’ll achieve more when you join HSBC.

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

• Issued By HSBC Software Development (India) Limited***