Deputy Chief Technology Officer (Dy CTO)

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About the Organization

Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities

Job Description/Responsibilities

The DyCTO will be broadly responsible for the following:

• Deputy Chief Technology Officer (Dy. CTO) will have direct reporting to the Chief Technology Officer of the Bank. He/ She will have to work in co-ordination with various respective IT-component owners to provide robust and state of the art technology solutions to various business verticals and create value for the organization.
• Should help to draw & execute the ITroadmap in line with the Bank vision and business strategy also help in ensuring optimize IT budget , furthermore it should include developing new capabilities as well as help in retention of existing customers/business through technological interventions Evaluate cost efficiencies of emerging technologies and assess their applicability to various business and technology solutions
• To fine tune Technology Standards, processes, and Governance for timely delivery of IT solutions and ensuring minimum down time of IT applications accentuate with regulatory compliance
• Ensuring installation, maintenance, upgradation and optimal utilization of IT infrastructure located at Banks Data Centres, Disaster Recovery Centres and co-hosted sites with hands on experience in cloud env.
• Ensuring implementation, maintenance, upgradation and operations of networking infrastructure of the Bank.
• Ensuring secure and trouble-free environment for IT infrastructure and networking.
• He/she will have a pivotal role in defining and maintaining technology related risk metrics and work in-tandem with CISO and Operations team to mitigate risks by improving processes/technology solutions.
• Builds a strong in-house team of experts, domain wise champions to reduce critical decisions dependency on vendor
• Shall strengthen compliance framework for development, deployment and routine support works of the department
• Will have to optimise various services/licenses procured from the Service Providers/OEM/ OSD to improve ROI and bring efficiency.
• Reviewing various contracts and working with I T Infrastructure and I T Procurement teams to redraft/fine-tune them.
• Responsible for co-ordinating with Information Security and Audit teams and initiate necessary changes in the systems and processes.
• As part of business continuity plan, ensure that there is no failure in business operations and appropriate disaster recovery plans are in place and regularly tested for readiness for unforeseen and unexpected events which can impact the continuity of business.
• Oversee eco system platform and product design and architecture; enables building modern technology across platforms to meet business needs.
• Implementing new technology initiatives, Technology planning and preparing Technology architecture of the Bank to meet its projected needs and to remain technologically competitive in the market
• Any other work, in the area of expertise and in the interest of the Bank as advised by the Bank from time-to-time.

Education Qualification/Required Skills & Experience

• Bachelor’s degree in engineering from Premium Institutes MBA will be an added advantage c Experience 1. At least 20+ years of experience with Information Technology 4
• Out of the above, minimum 12 years of overall post qualification experience in IT with regulated financial services organization or in technology/ software organizations engaged in creating large scale products/ platforms/ applications for the BFSI industry.
• Out of the above, minimum 8 years of experience should have been Application implementation, Datacentres, Networking and Infrastructure management.
• Out of the above, minimum 5 years should be at senior management level/managing or implementing large IT projects in Banks or FIs.
• Experience in implementation of large transformational IT projects.
• Proficient as a Technical Architect in Applications Platforms/ Datacentres, Networking & Infrastructure Management.
• Experience in Agile Development and vendor management.
• Experience in transformation, standardization, legacy modernization, consolidation and managing IT infrastructure and operations including experience in deployment and management of Private/Public/Hybrid cloud infrastructure for Applications
• Experience in creating Data Exchange layer

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