Job Title:  FIN_Global Middle Office_AN

Job Opportunity for Finance – FID Credit MO –  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.

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: 

Credit 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 Finance 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: 

Roles and Responsibilities:    

• Roles and Responsibilities include supporting the Middle Office functions for the Flow Credit Middlle Office.
• Proactively learn and process all the tasks and controls with understanding and accuracy
• End to end ownership and accountability of operational risk and process design to have all required controls. Liaise with Trading desk, regional counterparts and counterparties for speedy resolution of breaks identified
• Continuously improve the process. Analytical mindset and thrive to improve upon existing way of doing the process
• Should be able to understand trade life cycle of derivative products. 
• Other derivative product understanding namely IRS/ basis swaps would be an added advantage

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 analyze
• 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

Nomura Leadership Behaviours:

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates 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.