Derivative Systems Director

Full time, permanent position
In person interview and background check required

Job Description
The systems director will have the responsibility for supporting all existing and new applications and projects that enable the derivative business functions within Investment division. This hands-on position is located in Boston and offers the opportunity to liaise with front-office, risk-management, middle-office and back-office global clients, onshore and offshore development teams and vendors. The successful candidate will collaborate with each of these groups to provide technical solutions and requires a solid background in technology, specifically related to systems that support derivative straight-through-processing, accounting and risk management. The ideal candidate will have extensive experience supporting and providing solutions in a global trading environment with geographically distributed teams. Further, a strong business focus, familiarity with business processes within front, middle and back offices and terminology, a desire to partner with a diverse client-base and excellent communication skills are also required.



Responsibilities will include

* Develop and implement a long-term technology strategy to support business needs.

* Establish effective relationships with all system users across the company.

* Ensure that all solutions meet the mandated regulatory and compliance requirements for the industry.

* Establish a strong control systems environment.

* Review and sign off on technical solutions and architecture and implementation plans.

* Manage system availability and service delivery along with future capacity requirements.

* Ensure production and development environments support the requirements of the technology team.

* Ensure proper change and release management for successful production implementations; work with offshore team to develop test strategies, plans and cases to ensure initiatives being implemented meet expected deliverables.

* Develop, mentor, motivate and challenge direct reports and staff

* Evaluate and ensure appropriate systems development (SDLC) and project management processes are being utilized.

* Exercise judgment in identifying issues, developing plans as business conditions change and either develop recommendations or make decisions for changes in plans.

* Conduct feasibility studies, evaluate risks, develop and sell business cases, and implement appropriate technological alternatives, ensuring cost effectiveness.

* Share accountability for clients' satisfaction, system availability and stability.

* Use industry experience and contacts to assist Investments Division in understanding what other similar companies are doing.

* Keep abreast of new market developments in derivatives.


Qualifications:

* BS in Computer science or related field; a Masters degree is preferable

* 8+ years of management or team lead experience

* Knowledge and experience with derivatives (fixed income, commodity, currency, equity)

* Experience with Java, .NET, databases, Matlab, C is desirable

* Experience working with Bloomberg, Reuters and other market data providers

* Systems knowledge in Summit, Findur/Endur, Murex, Calypso and other similar applications in a front to back office environment

* In-depth understanding of strategic business objectives combined with broad industry knowledge of investment products, market practices and securities operations.

* Knowledge of industry compliance and regulatory requirements.

* Proven capability in initiating, motivating and managing change effectively.

* Highly developed presentation and communication skills.

* Demonstrated leadership and project management skills and methodology with a service oriented interpersonal style.

* Ability to work independently as well as part of a team in an international setting.

* Experience supporting global trading and development environment

* Experience managing resource and costs within budget

* Strong influencing and negotiation skills

* Demonstrated ability to develop and maintain positive cross-department relationships to attain collaborative solutions

* Demonstrated ability to manage pressure and to provide clear direction to people during times of crisis

* Strong application and architecture knowledge of systems

* Thorough understanding of current business objectives and ability to initiate system strategies to support them.


Please contact Albert Barsoumian with qualified resumes via email at albert@collabstaff.com or via phone at 508-872-7402.