These are the kind of roles that we are looking for in India,” he added.Ĭloud has been a focus area for a few years, and the work being done in cloud solutions has trended higher in the last few years. “We are among the leading banks that has custody in digital currencies, and we are working on areas like security specialists for crypto. We are doing that in India as well,” Chandel said. “There are cutting-edge areas which even globally are new to us, like digital currencies, which has exploded in the last few years. The shift, he said, was in terms of how the functions that were partially being managed out of India have scaled up. Several heads of functions are now in India, with global teams reporting to them –which would not have been possible a few years ago. “We are doing more complex functions, more end-to-end development and are a part of large transformation initiatives across the bank,” he said. Since then, work done from here has evolved considerably, he said. Featured Insights Market Trends Digital & Technology Regulation & Risk Sustainability Perspectives Series Aerial View Magazine All Insights. The New York-headquartered bank was among the early ones to set up a capability centre in India in 2004. While this number has traditionally been higher for the technology team, Panicker said the company would double the campus hires for the operations side this year.
On average, 10-15% of its new hires are from campus. To meet the increased demand for talent, the Indian capability centre of the US bank is also increasing its focus on hiring freshers, both for technology and operations roles. Its global centre for compliance and finance are both located in the country. The India centre houses both operations and technology, so a lot more end-to-end work is driven out of here, he added.
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