The incumbent will drive asset optimization, cost control, and compliance, leveraging industry-standard IT Asset Management (ITAM) tools to maintain an Effective License Position (ELP) and proactively escalate risks to safeguard the organizations IT ecosystem.

Key Responsibilities :

1. Strategic IT Asset Governance & Lifecycle Management :

- Define and implement a comprehensive IT asset management strategy aligned with business objectives and regulatory requirements.

- Oversee the end-to-end lifecycle of IT assets, including procurement, deployment, tracking, maintenance, optimization, and decommissioning.

- Establish and enforce policies and best practices to maintain asset integrity, security, and financial accountability.

2. Software Asset Management (SAM) & Compliance :

- Maintain a robust Effective License Position (ELP) across all software vendors, ensuring contractual and regulatory compliance.

- Utilize leading SAM tools (e.g., Flexera, ServiceNow SAM, Snow License Manager, IBM ILMT) for license tracking, optimization, and audit preparedness.

- Lead and manage internal and external software license audits, identifying compliance gaps and driving remediation strategies.

- Establish escalation protocols for license compliance violations, ensuring timely resolution and risk mitigation.

- Manager vendor Managed Service for SAM.

3. Hardware Asset Management (HAM) & Optimization :

- Oversee the entire hardware asset lifecycle, ensuring optimal utilization, cost efficiency, and adherence to organizational security policies.

- Implement HAM tools (e.g., ServiceNow HAM, Ivanti ITAM, BMC Helix) for real-time tracking, maintenance, and disposal planning.

- Develop strategies to extend asset lifecycles, reduce capital expenditures, and optimize IT infrastructure investments.

4. Regulatory & Risk Compliance (BFSI RBI Standards) :

- Ensure full compliance with RBI guidelines and BFSI regulatory requirements related to IT asset management.

- Lead regulatory audits, providing transparent and accurate reporting of IT asset inventories, license entitlements, and usage.

- Collaborate with legal, compliance, risk, and security teams to align asset management with industry regulations and internal governance frameworks.

5. Vendor & Stakeholder Engagement :

- Lead strategic negotiations with software and hardware vendors, ensuring optimal licensing models and cost-effective agreements.

- Partner with procurement, finance, IT security, and operations to drive value-driven IT asset investments.

- Establish strong governance frameworks for vendor risk management, contract adherence, and performance monitoring.

6. Escalation Management & Continuous Improvement :

- Develop proactive escalation protocols for IT asset non-compliance, ensuring swift corrective actions.

- Drive continuous process improvements, leveraging automation and AI-driven analytics to enhance ITAM efficiency.

- Stay ahead of emerging trends in IT asset intelligence, cloud licensing models, and regulatory changes to future-proof the organizations asset strategy.

Qualifications and Experience Requirement :

Qualifications :

- Essential Experience : 15+ years in IT Asset Management, with at least 5 years in a leadership role managing enterprise-wide IT assets in a BFSI environment. Preferably in a bank.

- Regulatory Expertise : Deep understanding of BFSI RBI regulations, IT security frameworks, and risk management standards.

- Technical Proficiency : Extensive hands-on experience with SAM & HAM tools, including Flexera, ServiceNow, Snow License Manager, IBM ILMT, Ivanti ITAM, and BMC Helix.

- Financial Acumen : Strong background in cost optimization, vendor negotiations, and IT budget management.

- Leadership & Stakeholder Management : Proven ability to engage with C-level executives, auditors, regulators, and vendors to drive IT asset governance and compliance.

Preferred Certifications :

- ITIL 4 Managing Professional (MP) / IT Asset Management Specialist

- Certified Software Asset Manager (CSAM) / Certified IT Asset Manager (CITAM)

- ISO 19770 (SAM) Compliance Certification

- Microsoft, Oracle, IBM, and SAP Licensing Certifications