Job Title:  Trade NPE Management

Job Code:  14472
Country:  GB
City:  London
Skill Category:  Global Markets
Description: 

Company overview 

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking. 

  

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com  

 

Nomura's Global Markets department provides liquidity, market insights, and execution services to clients worldwide across various asset classes, including equities, fixed income, currencies, and commodities. The team's focus on innovation and technology provides clients with access to cutting-edge trading platforms and customized solutions. Nomura's Global Markets team specializes in market-making, risk management, and electronic trading, with a strong global presence and reputation for exceptional service to clients. With expertise, global reach, and commitment to innovation, Nomura's Global Markets department is well-positioned to continue driving growth and success in the financial industry.

 

Department Overview:

We are seeking an experienced Vice President to join our Global Markets Trade Non-Personnel Expense (NPE) Management function. This role will involve all aspects of trade-related NPE spend optimization, including broker negotiations, comprehensive desk reviews, and the enhancement of infrastructure and reporting capabilities across our global trading operations.

 

Role Description:

 

NPE Management & Optimization

  • Develop and execute comprehensive strategies to optimize trade NPE spend across all global markets trading desks
  • Implement cost control measures and identify opportunities for expense reduction without compromising trading effectiveness

Broker Relationship & Negotiation Management

  • Identify and execute broker negotiations, ensuring optimal terms and competitive pricing structures
  • Help support and maintain strategic vendor relationships
  • Support contract renewals and renegotiations to maximize value

Desk Reviews & Analysis

  • Conduct regular comprehensive reviews of trading desk NPE utilization and efficiency
  • Analyse spending patterns and identify optimization opportunities across different asset classes
  • Collaborate with trading and Business Management to align NPE spend with business priorities and revenue generation

Reporting & Analytics

  • Develop and deliver reporting for senior management and stakeholders to increase visibility of trade NPE
  • Prepare regular reports on NPE trends, savings initiatives, and optimization outcomes

 

Skills, experience, qualifications and knowledge required:

  • Strong experience in financial services, with exposure to trading operations - understanding of trading operations, market structure, and associated costs.
  • Prior experience gained within trade NPE management or similar cost management functions demonstrating a track record in vendor negotiations and contract management
  • Experience with global markets trading across multiple asset classes
  • Strong analytical and quantitative skills with ability to interpret complex financial data
  • Excellent negotiation and relationship management capabilities
  • Proficiency in financial systems, databases, and reporting tools
  • Excellent written and verbal communication skills with the ability to influence stakeholders at all levels
  • Strong problem-solving and decision-making capabilities

 

Nomura Leadership Behaviours 

  • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. 

  • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations. 

  • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. 

  • Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.  

  • Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect). 

 

Right to Work 

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role. 

 

Diversity & Inclusion 

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex 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.