Head of Middle Office, Private Assets, Pensions Technology

HSBC; Pune District; On-site; INR 4,000,000 - 8,000,000; Full time

Job summary

HSBC seeks an experienced Head of Private Assets, Middle Office and Pensions Technology to lead the Securities Services technology delivery from Pune, India, with a hybrid work model. The role supervises a large, multi‑location team and oversees a substantial annual budget, driving strategic delivery and governance.

You will partner with Heads of Private Assets, Middle Office and Pensions Product and Operations to prioritise technology changes, manage risks, and foster innovation while aligning

Qualifications

• Extensive Securities Services technology leadership experience.
• Management of large IT budgets and multi‑location teams.
• Strong change/delivery practices including Agile and DevOps.

Responsibilities

• Lead a multi‑discipline team across locations (~75 FTE).
• Manage technology delivery budget ~20–25m USD annually.
• Drive governance, service delivery, and risk management.
• Partner with product and operations to align technology with business goals.

Skills

Leadership

Budget management

Stakeholder management

Agile

DevSecOps

Cloud (public/private)

Vendor management

Strategic thinking

Tools

Public cloud

Private cloud

Job description

Head of Middle Office, Private Assets, Pensions Technology

Location: Pune, MH, IN, 411006

Brand: HSBC

Area of Interest:

Role Workstyle: Hybrid Worker

Date: 3 Sept 2026

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 theSSvbusiness.SSvTechnologyis a key enabler for theSSvGrowth strategy, providing technology programme deliveryexpertisealongside architecture,developmentand support for both new and existing platforms. As part of theSSvenvironment, Private Assets, MiddleOfficeand Pensions services a range of international clients.

SSvTechnologyprovides the technology and solution design capability cross these services tomaintainand improve existing services and develop innovative propositions that ensureSSvremainscompetitive in the market.

The role location is based inPune,India. The role reports to the Head of Funds Technology, under the CIO of Securities Services Technology, focusing on the global Private Assets, MiddleOfficeand Pensions platforms.

What you will do:

• Leadership of a multi discipline team circa75+ FTE across multiple locations.
• Management of technology delivery budget circa 20–25m USD annually, including major client change pipelines.
• Enabling delivery ofSSvstrategy through support and delivery of the technology platform.
• Service Management of allSSvsystems and platforms owned by the role including delivery of new features and functionality, maintenance, as well as production management, serviceavailabilityand vendor management.
• Design and lead the Private Assets, MiddleOfficeand Pensions technology delivery teams in line with theSSvIT architecture principles.
• Developing relationships with all interested parties withinSSnand 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 businessobjectiveswhilst optimising available resources and managing risks to service availability.
• Continuallyseekto promote innovate solutions to business problems through technology.
• Resource andfinancial managementfor the function.
• Collaborate with other delivery teams to ensureoptimumdeployment 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,collaborationand 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,enthusiasmand commitment in their teams.
• Foster strong working relationships across theSSvTechnologyand widerSSv.
• Promote the value of challenging the status quo,seekingto improve ways ofworkingand 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 credibilityevidencedvia 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 andfinancial managementof 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,regulatorsand 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,leveraginginsight and support from across the businessin order totranslate 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 thetimelyimplementation 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***