Global Head Delivery - BFS

Role Overview: As a Thought Machine Developer, you will be responsible for designing, developing, and maintaining banking software solutions using Thought Machine’s core banking platform, Vault. You will work closely with our engineering and product teams to deliver scalable and efficient solutions that meet the needs of our clients and partners.

Key Responsibilities:

• Collaborate with cross-functional teams to understand requirements and translate them into technical solutions.
• Design and develop software modules and components using Thought Machine’s Vault platform.
• Implement and maintain integrations with external systems and APIs.
• Write clean, efficient, and well-documented code following best practices.
• Perform unit testing and debugging to ensure the quality and reliability of the software.
• Participate in code reviews and provide constructive feedback to peers.
• Stay updated with the latest industry trends and technologies related to core banking systems.

Required Skills and Qualifications:

• Bachelor’s degree in Computer Science, Engineering, or a related field (or equivalent experience).
• Proven experience in software development with a focus on core banking systems.
• Solid understanding of Thought Machine’s Vault platform and its associated technologies (or similar core banking platforms).
• Proficiency in programming languages such as Java, Kotlin, or Python.
• Experience with RESTful APIs and microservices architecture.
• Strong analytical and problem-solving skills.
• Excellent communication and teamwork skills.
• Ability to thrive in a fast-paced, collaborative environment.

Preferred Skills:

• Experience with cloud technologies (e.g., AWS, Azure, GCP).
• Knowledge of DevOps practices and tools (e.g., Docker, Kubernetes).
• Familiarity with Agile development methodologies.

• Work in close coordination with senior management to define strategy and targets for FI Partnerships
• Develop the pitch, collateral, presentations and other supporting material to adequately demonstrate risk/reward for the Financial Institution partners
• Generate leads pipeline (inbound and outbound) and implementation plan
• Lead and prepare presentations to Financial Institutions
• End to end management of the process for acquiring partners for the platform including conclusion of commercials, legal agreement, system integration etc
• Coordination with internal teams like Legal, Credit Risk, Product etc and with external teams of the Bank or Financial Institutions
• Progressively reduce financing cost profile across the platform and NBFC
• Work on arranging for debt funds for the NBFC from other Financial Institutions
• Work with Banking partners to actively participate in joint marketing and other efforts to drive customers both from open market and existing customers of the partner
• Work with the external stakeholders to develop products and new markets, identify business opportunities
• Track and improve on conversion from leads to closure
• Manage relationships and help resolution of issues in case of any with the Financial Institutions.
• Regular reporting of performance

• Develop deep relationships with Financial Institutions like Banks, NBFCs etc

• Call Customers with Overdue Accounts.
• Understand and Explain Benefits of Repayment and Credit History of Customer.
• Correct Customer Misunderstanding On Product Policy and Terms.
• Set Up Payment Plan and Follow-Up Schedule.
• Educate Customer On Consequences for Late Payment.
• Escalate Difficult or Unusable Case to Team Leaders.
• Provide Feedback On Reason for Default to Team Leader.

• Analyzing data with respect to Stock wastage/Inventory Holding Period
• Analyzing sales SKU/Customer wise and also analyzing division wise overheads/costs
• Being a part of and contributing towards Financial Planning & Analysis, Financial Modeling and Financial forecasting/AOP
• Analyzing financial data and creating financial models for decision support
• Developing trends and projections for the organization’s finances
• Monitoring cash flow and thus recommending steps towards achieving optimization of costs
• Overseeing periodic financial reports and thus ensuring that the reported results comply with the financial reporting standards or the generally accepted accounting principles
• Ensuring compliances of International Export, FOREX and also compliances/modeling of unsecured funding
• Establishing internal controls and guidelines for accounting transactions and budget preparation
• Being responsible for overall managing and supporting the company's consolidations and closing activities on-time and accurately
• Being a part of Internal Audits
• Ensuring compliance of Government rules and relevant laws & regulations
• Updating and maintaining relevant confidential financial data and reporting the same to the management in regular intervals

Desired Candidate Profile

• BCom graduate
• Relevant work experience of 4-7 years in finance
• Excellent knowledge in Finance Taxation, Auditing, Accounting and Tally
• Excellent communication and reporting skills
• Proficiency in advanced MS Excel
• Attention to details and accuracy is a must

• Planning, budgeting and forecasting
• Developing a framework and providing guidance on planning, budgeting and forecasting to various functions and businesses and ensuring adherence to corporate guidelines
• Performing financial reporting, ad-hoc business analyses and financial modelling
• Presenting recommendations to category leadership on strategic decisions and planned future initiatives
• Providing controllership to the business and building processes that augments transparency and improves controls
• Validating scenario analysis/simulations/ ‘what if’ analysis prepared by Functional Heads/ SBU Heads
• Historical trend analysis of capital and operating expenditures for budget creation and decision support
• Consolidating and monitoring annual budgets and forecasts received from various functions and SBU Heads
• Facilitating financial reviews with business group and working with category leader to ensure effective finance and cost management
• Managing financial planning and analysis, forecasting product lines using the key input levers to the business– pricing, selection and convenience
• Facilitating weekly/ monthly/ quarterly reviews (MBR, QBR) with data analysis and follow through with category leader on actionable items for improving business metrics over a period of time
• Providing commentary for budget vs. actual result variations

What you need to have:

• Qualified CA/ICWA with 3+ years of post-qualification experience
• In-depth knowledge of costing, reconciliation, planning, budgeting and forecasting
• Experience developing financial reports and metrics    

Work in an exciting and challenging role at a leading credit rating company that is leveraging software and technology tools to change the face of credit rating in India!

Our client with nearly two decades of presence has established itself as the second-largest credit rating agency in India. They provide ratings in the financial sector, infrastructure sector, corporates, public finance, and MSME spaces. The company is headquartered in Mumbai and has regional offices at Ahmedabad, Bengaluru, Chandigarh, Chennai, Coimbatore, Hyderabad, Jaipur, Kolkata, New Delhi, Pune and Mauritius.

Our client also carries out grading of IPOs, assesses financial strength of shipyards, grades various courses of Educational institutions and provides grading services to Energy service companies. They are nurturing global opportunities and have made forays in different forms with 4 partners from Brazil, Portugal, Malaysia and South Africa.

As the Senior Manager (Ratings - BFSI), you will maintaining cases and assignments undertaken by group head in the year, managing Sector reports / criteria commentary publishing

What you will do:

• Ensuring Execution of projects
• Providing inputs and commitments towards strategic/ quality decision making
• Facilitating Development & improvement of methodology for sectors
• Minimising Sharp Rating Migration Cases/Rating Quality
• Ensuring quality and readability of rating report as well as rationale, press releases etc.
• Handling Complex situations
• Ensuring timely completion of rating assignments.
• Keeping track of changes in the respective sectors & and bringing important facts to managements notice.
• Presenting the case in the Rating Committee Meeting
• Maintaining MIS, quarterly results/ no default statement, rating reckoner etc.
• Leading & guiding the team of analysts working in the team.
• Monitoring and measuring productivity of team members
• Modelling the leadership behaviors and coaching and mentoring junior staff

What you need to have: