Job Title:  Analyst

Nomura 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.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

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Divisional Overview:

Global Middle Office (GMO) is a control function focussed on the integrity of key transactional, risk and financial data and reporting. GMO will also perform an Advisory role partnering with the business and management to help deliver the firm-wide strategy. To achieve this GMO will leverage the latest Digital Innovation & Automation (DI&A) opportunities to optimize GMO’s efficiency and operating model. Key Responsibilities include:

§ Data Management:

Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets

§ Control:

Provide assurance on accuracy of firms financial statements through daily PL validation, Risk Model inputs, Proactive management of internal inventory and collateral obligations to ensure key liquidity / collateral requirements are optimized

§ Advisory:

Provide business support and oversight on new products/transactions, financial resources, liquidity management and trade bookings. Propose and implement FTB process improvements; institute performance analytics; and help navigate regulatory, industry and account changes

Our division is responsible for the management and execution of millions of securities transactions on a daily basis. Our responsibilities include trade processing, confirmation, settlement, fails management, margin, asset servicing, risk management and various client services. In partnership with sales, trading, prime services, information technology, operations and other teams from across the bank, we apply a continual focus on improving productivity and efficiency, while seeking new and innovative ways to support our clients' changing needs.

Business Unit Overview:

The Fixed Income Middle Office team (Transaction Control, TC) based in Powai is continuously and actively engaged in supporting Nomura's Fixed income businesses spread across EMEA, Americas, Asia and Continental regions. Fixed Income Operations supports a varied range of Fixed Income products & franchisees offered by Nomura to its clients. The Fixed Income MO/TC plays a pivotal role between Clients and Front Offices on one side and Nomura's in house teams & divisions ranging from Information Technology, Core Operations, Client Service Representatives, Transition Management Group, Data Management and Operations Control on the other.

Position Specifications:

Role & Responsibilities:

• Knowledge (Academic) of Fixed Income Derivatives business
• Handling internal & external trade queries and resolving them
• Handling Inter entity /Intersystem Reconciliations for Fixed Income products
• Ongoing focus on training and development plans
• Front to back P&L reconciliation
• Posting P&L adjustments to correct any inaccurate P&L feed
• Flash (Trader estimate) vs Actual P&L reconciliation
• P&L attribution and Hypothetical P&L production and reporting
• P&L commentaries  ( Daily / weekly)
• P&L reporting to the trading desk
• Monthly balance sheet substantiation
• Adherence to the key internal controls / policies and P&L reporting SLA

Mandatory Skill Set :

Academic

• Graduate Finance/MBA (Preferable)

Essential skills:

• Strong Analytical skills,
• Knowledge and understanding of Fixed Income products
• Double entry accounting concept
• Strong MS Excel skills
• Ability to work on tight deadlines
• Good communication skills

Desirable skills:

• Proactive in raising issues and resolving exceptions
• Eye for detail and ability to analyse
• Team player & Team Leader
• Relations management – internal & external counter parts
• Ability to multi-task and work to tight deadlines
• Exceptional attention to detail Strong MS Office (Word / Excel / PowerPoint) skills
• Ability to show positive attitude on learning digital tools.

Nomura Leadership Behaviours:

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.