Capital Markets IT Americas Head

Capital Market IT (CMI) oversees the information systems for Global Markets Division (and affiliated partner support functions) covering all capital markets domains (from pre-trade to post trade through risk management and regulatory reporting). CMI covers all IT activities, ensuring applicative support to end-users, maintenance and evolution of the information system including ambitious and innovative transformation programs to accompany business growth. Capital Market IT teams are distributed across the world, currently in Paris, London, Hong Kong, Singapore and New York.

Capital Market IT is looking to reinforce its presence in the Americas, consolidating and reinforcing its Run and Build teams with ambitions to support Americas business growth.

As such, CACIB Americas IT is hiring its Head of Americas Capital Market IT in New York who will be responsible for putting in place a resilient and sustainable setup to support Capital Market information system for the Americas with CMI global support.

Local reporting to: Head of GIT – CIO Americas

Functional reporting to: Global Head of Capital Markets IT. The Head of CMI Americas will be a permanent member of CMI board.

Management and Reporting: Direct and indirect of 17 to 20 internal and external staff; Functional supervision and management of Near shore proxy Capital Market IT team, including Capital Market IT Americas Head deputy in Montreal.

Key Internal contacts: Worldwide IT organization; Any business line and support functions involved in projects, more specifically GMD, Capital Market operations, Finance, Risk and Compliance

Key External contacts: Any external provider involved in Build and Run such as Genpact, Cap Gemini, FIS, Mysis, as well as the Head Office.

Salary Range: $235k-$285k

#LI-DNI

Key Responsibilities:

• Manage and lead Capital Market IT Americas teams ensuring the right balance between business needs and skills
  • Put in place and maintain the proper Run and Build setup
  • Build and adjust sourcing capacity given business and IT requirements and constraints
  • Contribute to proper onboarding of the staff
  • Develop and accompany talents in their mission
  • Foster an environment of trust and empowerment
• Focus teams on delivery based on business value and core IT capacities
  • Promote strong proximity with the business
  • Promote a culture of continuous improvement
  • Identify cost rationalization through simplifications, improvement or efficiencies.
• Be a gatekeeper of IT strategy in line with CMI Master Plan
  • Be a communication vector of this strategy to the business and locally to GIT and make sure alignment between projects and target plan
  • Ensure alignment with local and regulatory policies and procedures
  • Be point of contact of Auditors and Regulators for Capital Market Information system.
  • Ensure all U.S. Regulatory (FINRA, Federal Reserve, DFS) requirements are met.
  • Ensure compliance with IT Control plan
  • Ensure the respect of policies and procedures of the organization

Supplementary Information

Key Responsibilities(Cont):

• Guarantee a high-quality production service and a proactive follow-up of incidents and remediation actions
  • Ensure best practices for production follow-up, monitoring and tracking are respected as well as a very proactive follow-up of incidents (applicative or infrastructure) and related action plans
  • Ensure integrity of all systems - including out of hours support (24/7), where required.
  • Ensure an accurate, exhaustive and transparent reporting
  • Ensure management of obsolescence and vulnerabilities on the scope of applications covered locally
  • Ensure coordination with external parties (Vendors, US financial market infrastructure)
  • Ensure local and global enhancements and projects deliveries
  • Maintain and improve service quality.
  • Coordinate with teams onshore/nearshore, third parties or Head Office for operations and projects.
  • Gain knowledge on the application functional and technical components.
  • Gain advanced knowledge of the functional architecture of Capital Market Information Systems.
• Be a trusted partner for the business and support functions
  • Be identified by the business as a key partner on business initiatives and IT advisory and strategy
  • Ensure all projects and activities are executed within GIT/CMI quality and reporting standards
  • Provide transparency on project/production statuses to business partners and warn on any potential milestone postponement
  • Manage local budget of CMI and allocate the appropriate execution capacity

Geographical area

America, United States Of America

City

Bachelor Degree / BSc Degree or equivalent

Level of minimal experience

11 years and more

Experience

Experience Essential:

• 12 – 15 years of relevant experience
• Proven successful experience in a Capital Market IT environment as a manager in both Run and Build setup
• Knowledge of Capital Market activities (namely e-trading, pricing, booking)
• Experience in an Onshore/Offshore model
• Experience in an international environment

Required skills

• Strong IT skills with appetite for functional subjects and business processes
• Good understanding of Information systems underlined IT infrastructure
• Leadership
• Team player
• Strong written and verbal communication
• Good organizational skills with attention to details
• Ability to analyze and summarize information
• Ability to work autonomously
• Comfortable in working with multiple teams across locations with excellent inter-personal skills.
• Organization, delegation, ability to provide technical guidance.
• Ability to take efficient decisions / Result-oriented mindset
• Project management
• ITIL Foundation
• Business continuity /Disaster Recovery management
• Vulnerabilities management and remediations
• French language skills is a plus

Technical skills required

Approved Person Registration Essential: FINRA Series 99 – Operations Professional Exam (Obtention required 6 months after joining the role)

Approved Person Registration Desirable: FINRA Series 27 – Financials and Operations principal

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).

8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.

Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.

The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

By working every day in the interest of society, we are a Group committed to diversity and inclusion and place people at the heart of all our transformations. All our job offers are open to persons with disabilities.

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By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.