Job Title:  FIN_Global Middle Office_AN

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 change

Roles and Responsibility:

• Should be able to understand trade life cycle of derivative products. Should have a mind-set of managing risk exposure of the traders.
• Should be able to perform key functions like trade validation, trade and position level reconciliations between systems, Exception gateway monitoring, efficiency projects.
• Person should be able to complete the processes on a timely and accurate manner without breaching SLA’s.
• Should have decent understanding of Derivative product like Listed Derivatives Futures and Options, Interest Rate Swap, Basis Swap, Swaptions.

Qualifications – Should be a Post graduate (Finance) or Graduate with 2 – 3 years of relevant experience

Experience - Lateral Hire 2- 3 years’ experience in OTC Derivative Middle office, preferably with an experience on trade and position reconciliations and other derivative trade life cycle events.

Key Skills:

• Should have strong analytical skills to be able to understand Front to back derivative operations.
• Strong MS-Office Skills, Excellent communication skills.
• Must be able to work well and complete tasks under tight deadlines.
• Desirable knowledge of OTC derivative products
• Flexible to work in various shifts as per the business requirement.