Job Title:  Liquidity Reporting Analytics and Compliance- Associate

Job Code:  6440
Country:  GB
City:  London
Skill Category:  Finance
Description: 

Job title:                   Liquidity Reporting Analytics and Compliance- Associate 
Corporate Title:        Associate 
Department:             EMEA Treasury    
Location:                 London    

    

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:
Treasury is an established function within the Finance division at Nomura. The department has regional teams in Japan, EMEA, AEJ and the US. In addition, Treasury has a team in Mumbai that provides management information and analytical support for the Global team.
Treasury operates across the three divisions of the Firm (Wholesale, Retail Brokerage and Asset Management) with responsibility for all aspects of unsecured funding and to manage liquidity and funding in accordance with board-mandated stress tests and in compliance with regulatory liquidity requirements. 
The department in EMEA is organised into the below functions with strong global orientation & collaboration:
Treasury Liquidity Management (LM): Comprises three key sub-areas:
1)    Liquidity Risk Policy: 
•    Primary interface with Global Treasury, NEHS ALCO, NEHS BRC, NEHS Board, PRA and European supervisors with respect to any aspect of liquidity risk management across the region, individual entities or NEHS Group
•    In coordination with the Global LM team, develop new and review existing internal liquidity risk stress testing across the business and financing activities of EMEA region and entities and NEHS Group globally
•    Lead the regulatory engagement on liquidity matters and own the NEHS ILAAP
•    Act as SME on liquidity matters for Trading Wind Down and Recovery and Resolution Planning from Treasury perspective
•    Provide oversight of the Powai (Mumbai) reporting team, in the production of internal stress tests in line with Global policy
2)    Data and Reporting
•    Implement new regulations and associated system and process developments in partnership with Liquidity Risk Policy, EMEA Finance Policy Group (FPG) & EMEA Finance Change
•    Lead engagement with the Regulator (PRA) on Regulatory Liquidity Reporting matters 
•    Maintain an adequate control and governance framework to ensure Completeness, Accuracy and Timeliness of Regulatory Reports 
•    Contribute on matters of interpretation and judgement around Regulatory Liquidity rules for UK and EU entities in partnership with Liquidity Risk Policy & EMEA FPG
•    Monitoring and resolving production issues and prioritisation of strategic IT solutions 


3)    Reporting Analytics and Compliance (RAC)
•    Provide transparency in business drivers of liquidity metrics; trending, predicting and informing on risk and issues 
•    Undertake medium term liquidity planning and forecasting, identifying the core liquidity requirements for the legal entity 
•    Oversight and control of business Unsecured Funding limit usage throughout all stages of budgeting, forecasting, ensuring adequate sources of funding to meet on-going business demand and contingent needs
•    Validation and explanation of Regulatory and Internal Liquidity Risk metrics, including cross metrics differences
•    Calibrate and controlling usage of risk appetite and management buffers in line with Liquidity Risk Limit Standard
Treasury Funding Desk:
•    Management of the Liquidity Portfolio in-line with internal policy and regulatory guidelines
•    Management of currency requirements (both business and legal entity) through Intercompany borrowing and FX swaps
•    Raising funding via the International structured note issuance programme and ECP issuance in line with the approved funding plan and limits
•    Identification and realisation of funding efficiencies and risk mitigating opportunities, including close cooperation with the local capital and collateral teams.
 

Role description:
The individual will be a member of the EMEA Treasury Liquidity Management – Reporting Analytics and Compliance team, supporting the embedding and enhancement of a variety of limit frameworks to control financial resource usage and refinancing & concentration risks. The individual will work closely with Global Markets and regional Liquidity Management. 

Key objectives critical to success:
    Monitor and manage a variety of limit frameworks to control financial resource usage and refinancing & concentration risks, working with the business to understand drivers and forthcoming requirements to ensure ongoing compliance.
    Embed a multitude of recently implemented control frameworks considering the team’s best practices, including establishment of periodic reviews.
    Perform specialist reviews into the methodology and calibration of limit frameworks, including:
o    collaborating with Wholesale and product SMEs
o    leading reviews through relevant governance committees
o    documenting frameworks clearly 
o    socialising framework requirements amongst stakeholders
    Involvement in strategic IT development to enhance the production and visualisation of key metrics 
    Evaluating liquidity risk through data analysis and business insights

 

Skills, experience, qualifications and knowledge required:
    Bachelor’s degree
    Professional qualification in a relevant financial field or strong depth of experience in the financial services industry within a Treasury/liquidity team
    Investment banking product knowledge and an understanding of their impact on liquidity metrics 
    Control mindset & strong analytical/ numerical skills
    Good IT Literacy, with a strong Excel/ data Analysis skillset and ideally experience with tools such as Tableau, Power BI and Alteryx
    Results focused in a pressurised environment with tight deadlines
    Ability to work independently and influence all levels of seniority within Finance and the Wholesale division
    Impactful personality with strong interpersonal skills  

 

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 service 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
Team Work
    Ensure views are not biased, accept different opinions and perspectives, and collaborate with other members to create common values
    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 managerial 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.