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.
Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace
whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.
Division 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
Business Unit Overview:
Equity Middle Office provides support to Front Office trading desk and Regional MO counterparts in managing risk. Middle office ensures trade bookings are properly captured in the risk management system. Middle Office is part of Operations division, due to their critical role; Middle Office always acts in tandem with Front Office & Back Office (confirmations, settlements, collateral, etc) and is responsible for risk and P&L controls.
Position Specifications:
Experience :0-2 years
Qualification : Graduate / MBA
Roles and Responsibilities:
- Roles and Responsibilities include supporting the Middle Office functions for the Index Structured Desk in London with activities ranging from Client report generation and validation
- Should be able to understand trade life cycle of derivative products.
- Should have decent Understanding of FX Derivative product like Non-Deliverable Forwards, Swaps, Options (Call/Put).
- Other derivative product understanding namely IRS/ basis swaps would be an added advantage
Mind Set:
Mandatory Skill Set :
- Strong Analytical skills
- Knowledge and understanding of Fixed Income products
- Ability to work on tight deadlines
- Strong MS Excel skills
- Good communication skills
Desired Skill Set :
- 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 Trade Life Cycle
Desired
- 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 Trade Life Cycle