Chief Technology Officer

Company Description

AB Bank is the first private sector bank in Bangladesh. Since 1996, the bank is operating in Mumbai to offer a wide range of financial services including Branch Banking, Trade Finance, remittances, SME Banking, Money Transfer and a range of customized Banking products.

AB Bank is committed to providing innovative and customer-focused banking solutions.

Role Description

This is a full-time on-site role, located in Mumbai, for a Chief Technology Officer (CTO) at AB Bank PLC. The CTO will be responsible for overseeing the bank's technology strategy in line with business requirements, managing software development projects, and ensuring the implementation of IT architecture and RBI & other regulatory compliances on IT and allied issues. The role includes leading product development initiatives and coordinating with various departments to achieve technological objectives. The CTO will also be involved in budgeting, resource allocation, and maintaining high levels of data security.

Qualifications

• Experience in Software Development and Product Development, a sufficiently senior level, technically competent and minimum 15 years experienced official in Banking-IT related areas/projects involving IT Policy and Planning/ Financial Networks and Applications/ Financial Information Systems/ Cyber Security Technologies/ Payment Technologies, etc., of which five years should be at senior management level or as Head of IT Function.
• Proficiency in IT Strategy and Architecture
• Strong Project Management skills
• Excellent leadership and team management capabilities
• Advanced problem-solving and decision-making skills
• MCA or B. Tech or Bachelor of Engineering degree in Computer Science, Information Technology, Electronics & Communication Engineering or a related field
• Previous experience in the banking or financial services industry is an advantage
• The Head of IT Function shall, inter alia, be responsible for the following:

(i) Ensuring that the execution of IT projects/ initiatives is aligned with the RE's IT Policy and IT Strategy;

(ii) Ensuring that there is an effective organisational structure to support IT functions in the RE; and

(iii) Putting in place an effective disaster recovery setup and business continuity strategy/ plan.

• As a first line of defence, the Head of IT Function shall ensure effective assessment, evaluation and management of IT controls and IT risk, including the implementation of robust internal controls, to

(i) secure the RE's information assets

(ii) comply with extant internal policies, regulatory and legal requirements on IT related aspects.