Incred Capital-Head Platform and Support - Trading Technology

Head Platform and Support - Trading Technology

About InCred Capital

InCred Capital is a new age and fast-growing wealth & investment management firm, with a vision to be a leading wealth platform for Retail, HNIs & UHNIs, with innovation and technology as its core DNA. InCred Capital has two Broking licenses and two DP licenses. It offers Broking services to Retail, HNI/UHNI and Institutional clients. It also has two DP licenses and a Research Analyst license. The company is part of the InCred Group, which has growing businesses across Retail lending,  Wealth Management, Asset Management, Investment Banking and Institutional Equities Research &  Broking and Wholesale Debt Market.

Location:   Mumbai

Reporting to:  Group COO

Job Title: Technology Head - Broking business (InCred Capital)

Grade - VP / Associate Director

The Head of IT will be responsible for the seamless availability, reliability, and regulatory compliance of the InCred Capital’s trading ecosystem. This is a high-stakes role requiring a candidate who can manage vendor-driven platforms (OMS/RMS/Back-office) while ensuring robust operational processes that cater to the needs of institutional desks and retail traders. 

Key responsibilities

1. Platform & Vendor Management

 End-to-End Ownership: Oversee the stability and performance of trading platforms (Institutional and Retail), including Order Management Systems (OMS), Risk Management Systems (RMS), Client Onboarding, Risk Management and Back-office suites.

 Vendor Governance: Act as the primary point of contact for key vendors (e.g., Omnesys, Financial Technologies, Greeksoft, TrackWizz, LD, Shilpi, or similar).

 SLA Management: Hold vendors accountable for uptime, patch management, and the delivery of critical exchange-mandated updates.

2. Process Excellence & Tech Ops

 Operational Resilience: Establish and monitor daily "Run the Bank" checklists (Pre- market readiness, Intraday monitoring, Post-market EOD processing).

 Incident Management: Lead the response to technical outages or trade-flow disruptions, ensuring resolution and transparent stakeholder communication.

 Change Management: Implement processes for deploying updates to avoid business disruption during market hours.

3. Cross-Functional Collaboration

 Internal Liaison: Work closely with the Head of Infrastructure (for low-latency connectivity/colocation) and Head of InfoSec (for secure access and data protection).

 Product Partnership: Provide technical feasibility inputs to the Product Team to ensure new features align with the current architecture and regulatory constraints.

4. Compliance & Regulatory Oversight

 Exchange Audits: Lead technical audits conducted by SEBI, NSE, BSE, and MCX.

 Regulatory Reporting: Ensure the accuracy and timeliness of data flow for regulatory filings (e.g., trade reporting, client data submissions).

 Knowledge: Maintain an up-to-date understanding of SEBI circulars regarding algorithmic trading, cybersecurity frameworks for brokers, and system audit requirements.

Qualifications:

Experience & Qualifications:

 Professional Experience: 12–15+ years in Capital Markets technology, with at least 5 years in a senior leadership role within an Indian brokerage.

 Domain Expertise: Track record in managing both Institutional Equities (CTCL, FIX protocol, DMA) and Retail/HNI Broking (Internet Trading, Mobile Apps).

 Vendor Knowledge: Familiarity with the Indian vendor landscape and the nuances of their APIs and integration hurdles.

 Scale: Experience in a "growing" organization—someone who has scaled systems from thousands to hundreds of thousands of concurrent users.

Technical Competencies:

 Understanding of Trading Workflows (Order-to-Cash).

 Familiarity with database management and high-volume data processing.

 Strong grasp of BCP/DR (Business Continuity and Disaster Recovery) drills specific to exchange requirements.

Soft Skills:

 Calm under pressure: The ability to make executive decisions during "Flash Crash" or system outage scenarios.

 Process-Oriented: A mindset geared toward "Standard Operating Procedures" (SOPs) rather than ad-hoc fixes.

 Influence: Ability to negotiate with vendors and internal peers to prioritize the broking business’s stability. Interview Process Panel: Vikram, Deepak, Ravindra, Gurpreet, Ashwin, HR