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Experience
5 - 8 Years
Monthly Salary
AED 25,000 - 30,000 ($6,751 - $8,101)
Job Location
Education
Bachelor of Technology/Engineering(Bio-Technology, Computers)
Nationality
Any Arab National, Bahraini, Egyptian, Kuwaiti
Gender
Any
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Job Purpose
Lead the design, implementation, and support of core application systems to ensure high availability, performance, and security of trading, clearing, settlement, and market data platforms. Drive operational excellence, system stability, and continuous improvement aligned with business and regulatory requirements.
Key Responsibilities
1. Core Application Strategy & Management
Define and implement core application strategy, roadmap, and support framework aligned with business needs
Provide expert-level support for trading, clearing, settlement, and market data systems
Act as escalation point for critical incidents, ensuring timely resolution within SLA
Lead incident management, root cause analysis (RCA), and preventive actions
Drive automation, optimization, and continuous improvement of support processes
Maintain comprehensive documentation, configurations, and knowledge base
2. Operations & System Reliability
Ensure high availability, performance, and stability of core applications
Manage system upgrades, patches, configurations, and maintenance activities
Oversee capacity planning, storage, and database performance
Ensure daily operations of trading, clearing, and CSD systems run as per schedule
Implement and monitor backup, disaster recovery (DR), and failover mechanisms
Manage replication and data synchronization across primary and DR environments
3. IT Service Management & Quality Assurance
Lead incident, problem, and change management processes aligned with ITIL
Define troubleshooting standards and ensure effective issue resolution
Ensure compliance with SLAs, service quality, and operational KPIs
Oversee system installations, upgrades, and infrastructure integration
Ensure audit-ready documentation and adherence to internal controls
4. Security, Governance & Compliance
Ensure application security, data integrity, and compliance with regulatory standards
Support security testing and vulnerability assessments
Enforce governance, policies, and procedures for system changes and operations
Ensure trading and settlement systems comply with market regulations
5. Leadership & People Management
Lead and mentor Core Application Support team
Set objectives, manage performance, and drive team development
Foster a high-performance and collaborative team culture
6. Stakeholder & Vendor Management
Collaborate with internal teams (trading, clearing, IT, development) for issue resolution
Manage vendor relationships, SLAs, and service delivery performance
Coordinate with third-party providers for system upgrades and support
7. Project & Change Management
Lead application-related projects, upgrades, and enhancements
Manage change implementation (patches, releases, configurations)
Ensure proper evaluation, testing, and documentation of all changes
8. Risk, Continuity & Improvement
Ensure business continuity, risk management, and disaster recovery readiness
Identify and implement process improvements and automation initiatives
Drive digital transformation and system optimization initiatives
9. Budget & Governance
Monitor departmental activities against approved budgets
Ensure cost-effective operations and report variances
Qualifications & Experience
Bachelor’s degree in computer science, IT, or related field
8+ years of experience in application support within capital markets / stock exchange environment
Strong experience in trading, clearing, settlement, or market data systems
Minimum 4+ years in leadership or senior support roles
Technical Skills
Core Application Support (L2/L3)
ITIL / ITSM Frameworks
Incident, Problem & Change Management
Monitoring & Performance Tools
Database & System Performance Management
DR, Backup & High Availability Systems
Job Title: Lead Core Application Support Engineer Department: IT Applications & Systems Reporting To: Manager – IT Applications & Systems
Key Competencies
Leadership & Team Management
Problem Solving & Analytical Thinking
Stakeholder Management
Process Improvement & Automation
Risk & Compliance Awareness
Desired Candidate Profile
8+ years of experience in application support within capital markets, stock exchange, or financial services environment
Strong hands-on experience supporting trading, clearing, settlement, and market data systems
Mandatory experience with Microsoft Dynamics 365 (D365) including support, troubleshooting, and system optimization
Proven expertise in ITIL/ITSM frameworks, incident management, problem management, and change management
Experience with monitoring tools, system performance tuning, and high-availability environments
Strong knowledge of disaster recovery (DR), failover, and business continuity processes
Proven experience in handling critical incidents, root cause analysis (RCA), and SLA-driven environments
Experience managing L2/L3 application support teams and acting as escalation point
Strong stakeholder management and vendor coordination experience
Bachelor’s degree in Computer Science, Information Technology, or related field
ITIL certification or equivalent is highly preferred
Employment Type
- Full Time
Company Industry
- Banking
- Financial Services
- Broking
Department / Functional Area
- Other
Keywords
- Application Support Lead
- Technical Support Lead
- Documentation
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