Job Title:  FIN_Global Middle Office_AN

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 worldclass 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.  

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 firm’s 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.

What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

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.

Role & Responsibilities:

• Equity Derivatives MO team - Person should have knowledge about cash equities, OTC equity products and reconciliations like Inter system recs, Inter-company recs.                             
• Key responsibility of the team is to ensure the bookings on Nomura systems are in line with the trade recaps provided by trader/broker/sales.
• Understanding the Equity Derivatives products and markets.
• Performing activities like T0 validations, amendment/corrections to the trade economics based  on front office requests
• Performing trade and position reconciliations
• Managing risk for the firm, by supporting the various activities in the Trade Life Cycle  Management
• Liaising with Settlements for trade fails and settlement queries
• Query Management and liaising with the Desk

Position Specifications:

Experience : 1-3 years

Qualification : B.com, MBA

Mandatory Skill Set :

• Product Knowledge on Equity Derivatives and Cash Equities
• Diligent in resolving and analyzing exceptions 
• Flexible for working in shifts and long hours occasionally

Desired Skill Set :

• Good communication 
• Attitude to learn 
• Team player