Vistaar Finance Limited Looking for Lead IT Applications (AVP / VP) at Bengaluru, Karnataka Full Time

About the Company:

Vistaar Financial Services Private Limited, is a Bangalore based RBI registered NBFC. The Company commenced operations in April 2010 with focus to loans towards micro, small and medium enterprises (MSME) in the rural and semi urban areas. The Company has 196 branches across twelve states. The Company has a loan portfolio of Rs.2587 Crores as on 31st July, 22.The portfolio includes lending to specific high potential sectors such as power looms, handlooms and other micro enterprises like Kirana stores, traders, etc. Vistaar is the first player to use unique credit methodology to disburse loans to small entrepreneurs & address credit demand gap in the sector. Vistaar has received tremendous support from marquee investors since inception. The investors include Elevar Equity, Saama Capital, Lok Capital, Omidyar Network and West Bridge Capital. The Company has a Board of Directors with rich and diverse experience in a variety of fields. Mr. C.B.Bhave (Ex SEBI Chairman) is the Non-Executive Chairman & Independent Director, Ms.Manju Agarwal (Ex DMD-SBI) and Mr. James Abraham (Ex-Managing Partner -BCG) are Independent Directors. Vistaar has received awards like IFC- Mint Strategy Award, Top 50 NBFCs Ranking, CEO with HR orientation by Vijayvani – BFSI Award, Most Influential CFOs of India by CImA, London, and The India CFO Award for Excellence in Finance in a Start-Up by IMA and five times in a row the Best Financial Reporting Award – Medium Business. Vistaar Finance is ranked among India’s 100 Best Companies To Work For in 2022.

Basic Information

Job Role

Head IT- Applications

Designation

DVP/VP

Department

IT

Location

Bangalore- Head Office

Organizational Relationships

Position reporting to

Chief Information Officer

No. of Direct Reports

3-5

Job Purpose

• The leader shall be part of technology team, focus shall be on technology and applications in use
• To act as a digital catalyst to bring the next level of IT revolution in Vistaar
• To bring innovative technological solutions to keep the company at the forefront in the market
• To identify areas of digitization and provide time based solutions to increase the efficiencies of the stakeholders.
• To think creatively and critically about the application functionality and complex business scenarios

Key Responsibilities

Managerial Responsibilities

• Responsible for incorporating agile ways of working to accelerate transformation
• Largely responsible for recognizing areas for improvement and implement changes so that the transformation is delivered by a resilient, predictable and continuously improving operations culture in the organization
• Develop insights into expectations from the functions and includes a solid foundation in competitive intelligence with an understanding of how disruptive competitors are creating value for their customers
• Scan external ecosystem to identify current technology, resources or vendors that are viable partners to compliment, innovate and add value to strategic initiatives
• Ensure effective stakeholder engagement and communications. Ensure organizational alignment in the design and execution of initiatives
• Surfaces capacity, pacing, resourcing issues and any other red flag issues needing leadership attention
• Implement effective and scalable technology solutions to deliver the IT strategy roadmap of the organization with a hybrid approach of: In-house application development and off-the shelf solutions integration with existing IT applications
• Deliver IT projects within the committed timelines
• Regular review and periodic reporting on the progress of on-going projects to stake-holders and senior management
• Groom business analysts to ensure business requirements get finalised and signed-off in a timely manner and have predictable timelines for delivery
• Responsible for mentoring, hiring & skill enhancement of the team
• To build a highly motivated, engaged and outcome focused team

Functional Responsibilities

• To conceptualize and bring innovative digital solutions
• Implement effective and scalable technology solutions to deliver the IT strategy roadmap of the organization

• In-house application development and off-the shelf solutions integration with existing IT applications

• Analyse and assess the scope, timelines and cost to build technology solutions for different business initiatives during the course of the year and its impact on approved technology budgets

• Recommend buy vs build on IT solutions for different business requirements based on understanding of existing architecture, technology compatibility and future scalability (Solution selection process)

• Participate in the IT budgeting process to ensure the IT strategy roadmap gets delivered in predictable time and predictable cost

Job Requirements

Qualifications

BE(Comp.Science)/MCA

Experience

Minimum experience of 10 years of having a solid track record of leading successful enterprise projects with strong technical skills. The experience in Banking and Financial Services, implementation of multiple medium to large size technology projects is required

proven track record of success in implementing business transformation and digital initiatives enterprise wide

Be data driven. Adopting AI and other automation tools.

Previous experience in tools mentioned below is highly desired – Ebix Cash, Epic, ENTiger, Neo Lotex etc.

Experience in application development in Microsoft technologies (Microsoft .Net, MVC, Integrations of applications and external interfaces using APIs and database integration services).

Direct experience in IT application development, managing a team, Technology solution building

Ability to build IT processes related to cyber resilience and implementation of IT Security across business applications. Vulnerability assessment of applications and experience in managing IT audits.

Understanding of cloud software, SaaS, mobile technologies, IT operations would be preferred.

Key Interactions

Internal

Nature or purpose of interaction

All Departments

IT requirement and implementation of solutions

External

Nature or purpose of interaction

IT vendor

To understand the latest products/practices

Job Type: Full-time

Salary: ₹848,342.48 – ₹1,970,010.36 per year

Benefits:

• Health insurance
• Life insurance
• Provident Fund

Schedule:

Supplemental pay types:

Ability to commute/relocate:

• BTM Layout, Bengaluru – 560076, Karnataka: Reliably commute or willing to relocate with an employer-provided relocation package (Required)

Experience:

• total work: 7 years (Preferred)

Speak with the employer
+91 9886333414