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 focused 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
Position Specifications:
Experience -0 3 years
Qualification -Graduate / MBA
Role & Responsibilities:
- Apply rates to number of Indices for various derivative trades by referring to the external agreed sources
- Rates applied on various Nomura systems for entities, e.g. NIP; NGFP etc
- Perform second checks on the rates applied by an Analyst to ensure accuracy and avoid PV impact
Mandatory Skill Set :
- Knowledge on Equities and Fixed Income products
- Fair knowledge about the trade life cycle of derivative trades and middle office functions
Desired Skill Set :
- Fair knowledge about MS applications essentially Word, and Excel
- Excellent written and oral communication skills
- Good analysing skills