Job Title: Business Post Trade Support, Global Middle Office- 6 months contract
Company overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Department overview:
The Collateral and Inventory Management group is responsible for providing support to the business around collateral management and secured financing, rolling up to the CFO. This encompasses regulatory and industry change, collateral efficiency and concentration, liquidity management and funding, and equity and fixed income financing, all with an aim to provide a best in class client service.
Role description:
The role is a varied and detailed cross product and cross divisional opportunity to optimise the settlement and financing opportunities across Rates
- Work across Settlements, Middle Office and Front Office to identify, proactively address and resolve intraday issues related to Rates business (e.g. unmatched trades, failing to receives)
- Act as point person across teams to ensure appropriate actions are being taken and in critical timeframe to ensure settlement
- Escalate to Front Office where opportunities exist to optimize the settlement and post trade management process, including fails management, Financing / Repo and cost reduction
- Work with Product Control to tie in fails costs on P&L vs real world activity to ensure all fails and items are appropriately allocated and fails costs tie in with real world fails
- Partner with Technology to define and address post trade gaps using internal systems and market vendor platforms
- Create appropriate metrics / KPI to support, enhance and optimise processes, looking at behavioural trends, cost allocation and root cause analysis
Skills, experience, qualifications and knowledge required:
Strong knowledge of post trade services, specifically across Settlements, Financing, Triparty and Repo.
Strong communication and escalation skills, with the ability to explain issues to all levels including senior management, risk and senior business stakeholders
Able to work across multiple regions and divisions, including Front Office, Middle Office, Operations and Technology
Proactive with a control and risk management mind-set
Ownership and accountability for delivering process enhancements, efficiencies and embedding post trade best practice
Nomura competencies
Trusted Partner
- Understand clients’ needs and issues, and provide solutions utilizing Nomura Group company’s resources, earn the clients’ trust
- Acquire a wide range of knowledge as an employee of Nomura, instead of focusing only on one’s own area of expertise; play a part in improving the company’s services level and corporate value
Entrepreneurial leadership
- Take on new challenges for improvement and cultivate a corporate culture of challenge by driving change in business operations
- Teamwork Collaboration
- Ensure views are not biased, accept different opinions and perspectives, and collaborate with other members to create common values
Influence
- Provide appropriate guidance to others and act in a manner that places emphasis on the performance and growth of the organization
Integrity
- Improve further the understanding and awareness of corporate philosophy, professional ethics, compliance risk management, and code of conduct, and make decisions and take actions from a management position
Diversity Statement:
Nomura is committed to an employment policy of equal opportunities and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.
Nomura is an Equal Opportunity Employer