Job Title:  FIN_Global Middle Office_AN

Job Code:  8650
Country:  IN
City:  Mumbai
Skill Category:  Finance Middle Office
Description: 

Nomura Overview:

 

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

 

 

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 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 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. The QIS team supports the Index strategies in validating the index levels and ensuring that the input data is accurate

 

 

Position Specifications:

Corporate Title : Analyst

Functional Title :Analyst

Experience :0-3 years

Qualification :Graduate/ MBA

 

 

 

Roles and  Responsibilities: 

  •  
  • Data validation and analysis for market data used for index computations
  • Bespoke reports for end clients
  • Ownership and accountability of any activities performed by the individual. Liaise with Trading desk, regional counterparts and counterparties for speedy resolution of breaks identified
  • Continuously improve the process. Analytical mind set and thrive to improve upon existing way of doing the process

 

 

 Mind Set:

Mandatory Skill Set :

  • Finance Background
  • Experience in OTC Derivatives
  • Excel proficiency

 

Desired Skill Set :

  • Knowledge of Index workings 
  • Basic knowledge of Python would be an added advantage