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 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 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:
Valuation projects are part of Nomura India Finance function looking into new projects for Global valuations. Team mainly works on strategic projects within Finance-valuations that vary across regulatory, IPV Testing, daily revaluation etc. This team also supports Finance Powai IPV team with automation, creating efficiencies, maintaining existing projects.”
Role & Responsibilities:
Collaborate with Global head and regional heads of Valuations to understand project requirements
Help in development of new project initiatives by Powai Valuations Head
Manage projects (outside IT framework) developed by the Projects team for Global Valuations.
Conceptualize and develop automated solutions for IPV processes
Create tools and analytical frameworks of regular and ad-hoc reporting using Python
Help onshore team with ad-hoc requests/analysis
Mandatory Skill Set:
Basic knowledge of financial markets
Expert Python programming skills A very good understanding of Data Structures and Algorithms
Has worked with APIs and Databases Excellent communication skills and attention to detail
Expert Python programming skills A very good understanding of Data Structures and algorithms
Has worked with APIs and Databases Excellent communication skills and attention to detail
Familiarity with Git
Desired Skill Set:
Exposure to derivative products
Projects involving financial data
Knowledge of advanced statistical concepts
Experience working on projects involving financial market data
A good understanding of financial products including derivatives
Has worked on Data Virtualization projects
Practical Machine Learning experience
Position Specifications:
Functional Title: Manager
Experience: 5yrs-7yrs