At a Glance
- Tasks: Lead IT change and transformation, managing technology roadmaps and business continuity.
- Company: Join Monex, a global leader in commercial foreign exchange services for corporate clients.
- Benefits: Enjoy a full-time role with opportunities for growth and a supportive work culture.
- Why this job: Be part of a dynamic team driving innovation in a fast-paced financial environment.
- Qualifications: Experience in regulated investment firms and strong knowledge of FX and derivatives required.
- Other info: Work closely with global teams and represent Monex Europe on international committees.
The predicted salary is between 48000 - 84000 £ per year.
We are Monex, a specialist in commercial foreign exchange. We offer a range of FX services aimed at corporate and institutional clients to manage foreign exchange exposure and international payments. Our team of experts provides personalized and proactive service, helping clients execute thoughtful FX strategies tailored to their specific business needs. As part of the Monex SAB de CV financial group, we support over 70,200 clients worldwide, offering local expertise in various regions including the UK, Luxembourg, Canada, and Singapore. Our goal is to empower clients to make better-informed business decisions in a fast-moving and volatile market.
Job Overview: The Head of IT Change and Transformation is responsible for the management and operation of Monex Europe’s application technology roadmap and the associated change enablement. The job holder works with stakeholders across the business and reviews the needs of the organisation. Working with the Chief Operations Officer, they manage the IT change investment and requirements of the organisation to achieve the strategic objectives while satisfying regulatory requirements. The Head of IT Change and Transformation reports directly to the Chief Operating Officer.
Key Responsibilities:
- Responsible for Monex’s Internal & Client technology & application systems, Business Continuity & Data Management; Ensuring that the Monex group complies with its Legal and Regulatory requirements;
- To set the tone for an inclusive and supportive culture for all Monex staff;
- Setting the Company’s Technical application roadmap in order to develop and support Monex’s growth strategy;
- Ensuring effective security and processes are in place to permit access to only the necessary company information;
- Responsible for managing and maintaining all Internal application Systems (e.g. Trading platforms & associated support systems etc.) & Client related Technology;
- Overall responsibility for the effective delivery of business change requirements and management of 3rd party providers involved in delivering change activities;
- Ensuring the company is GDPR compliant (in relation to both Employee & Client data);
- Working with the Global Head of IT and other stakeholders to ensure the ongoing effectiveness of Monex’s Business Continuity Plan (BCP) & Disaster Recovery Plan (DRP) ensuring ongoing operation in the case of minor/major incidents which can impact Monex’s day to day operations;
- Previous experience of working within a regulated investment firm or strong equivalent demonstrable knowledge within a relevant Financial Services firm;
- Strong knowledge of the regulatory environment in which an FX firm operates;
- Strong knowledge of FX and derivatives;
- Responsible for Monex Europe’s application development software lifecycle including Business Analysis, Architecture, Development, Testing and Application Support;
- Management of 3rd party development partners;
- Leading the formation and on-boarding of an in-house offshore development team;
- Responsible for all IT change and project delivery including business case formation and effective prioritisation of changes;
- Managing all requests for business change and new technology requirements;
- Working with the Monex Europe Product team to scope new product initiatives and technology opportunities;
- Ensuring that Monex Europe group complies with the Legal and Regulatory requirements across Jurisdictions;
- Developing the Company’s Application Technology roadmap to support Monex’s growth strategy;
- Ensuring effective application cyber security;
- Responsible for Developing and Supporting all internal and client facing systems;
- Investigating new technology applications and software aligned with the company’s strategic goals;
- Managing large scale business change and smaller change request prioritisation;
- Managing Quarterly IT Change prioritisation with global business stakeholders;
- Participating in the Global Platform initiative with stakeholders across Monex Group;
- Representing Monex Europe on the International Innovation Committee;
- Working with Monex USA and Monex Mexico stakeholders to leverage group capabilities for Technology;
- Supporting IT Audits;
- Able to demonstrate a clear understanding of the purpose of risk management and compliance within a regulated environment;
- Leads by example, embodying the culture and values of the Company;
- Cultivate an environment of psychological safety, innovation, creativity and increased productivity;
- Able to anticipate issues and risks and mitigate accordingly;
- Credibility in dealing with clients and colleagues across a complex organisation with different cultures and geographies;
- Ensuring and maintaining the standard of all documentation for their department’s systems, controls, policies and processes.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Head of IT Change & Transformation employer: Monex Europe Ltd
Contact Detail:
Monex Europe Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of IT Change & Transformation
✨Tip Number 1
Network with professionals in the financial services and IT sectors. Attend industry events, webinars, or meetups to connect with individuals who may have insights into Monex or similar companies. Building relationships can often lead to referrals or insider information about the role.
✨Tip Number 2
Familiarise yourself with the latest trends in IT change management and transformation, especially within the financial services sector. Being able to discuss current technologies and methodologies during interviews will demonstrate your expertise and enthusiasm for the role.
✨Tip Number 3
Research Monex’s recent projects and initiatives related to technology and change management. Understanding their strategic goals and challenges will allow you to tailor your discussions and show how your experience aligns with their needs.
✨Tip Number 4
Prepare to discuss your leadership style and how you foster an inclusive culture. Given the emphasis on psychological safety and innovation in the job description, be ready to share examples of how you've successfully led teams and managed change in previous roles.
We think you need these skills to ace Head of IT Change & Transformation
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in IT change management and transformation, particularly within regulated financial services. Use specific examples that demonstrate your leadership skills and technical knowledge.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with Monex's goals, especially in managing application technology and compliance with regulatory requirements.
Highlight Relevant Skills: Emphasise your understanding of FX and derivatives, as well as your experience with business continuity and data management. Mention any specific technologies or methodologies you have successfully implemented in previous roles.
Showcase Leadership Experience: Provide examples of how you've led teams or projects in the past. Highlight your ability to foster an inclusive culture and manage change effectively, which are key aspects of the Head of IT Change & Transformation role.
How to prepare for a job interview at Monex Europe Ltd
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory environment in which Monex operates, especially regarding foreign exchange and derivatives. Be prepared to discuss how your experience aligns with compliance requirements and how you can contribute to maintaining these standards.
✨Showcase Your Change Management Experience
Highlight your previous roles in managing IT change and transformation projects. Provide specific examples of how you've successfully led change initiatives, managed stakeholders, and delivered results that align with strategic objectives.
✨Demonstrate Technical Knowledge
Be ready to discuss your understanding of application development lifecycles, data management, and cybersecurity measures. Show how your technical skills can support Monex's growth strategy and enhance their technology roadmap.
✨Emphasise Leadership and Cultural Fit
Monex values a supportive and inclusive culture. Share your leadership style and how you foster an environment of psychological safety and innovation. Discuss how you can embody the company's values and lead by example within the team.