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 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 proudrecipients of the prestigious Top 10 Employers award by the India Workplace EqualityIndex (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for HolisticVillage 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 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
Our division is responsible for the management and execution of millions of securities transactions on a daily basis. Our responsibilities include trade processing, confirmation, settlement, fails management, margin, asset servicing, risk management and various client services. In partnership with sales, trading, prime services, information technology, operations and other teams from across the bank, we apply a continual focus on improving productivity and efficiency, while seeking new and innovative ways to support our clients' changing needs.
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:
The Fixed Income Middle Office team based in Powai is continuously and actively engaged in supporting
Nomura's Fixed income businesses spread across EMEA, Americas, Asia and Continental regions. Fixed Income Operations supports a varied range of Fixed Income products & franchisees offered by Nomura to its clients. The Fixed Income MO plays a pivotal role between Clients and Front Offices on one side and Nomura's in house teams & divisions ranging from Information Technology, Core Operations, Client Service Representatives, Transition Management Group, Data Management and Operations Control on the other. The QIS team supports the Index strategies in validating the index levels and ensuring that the input data is accurate
Roles and Responsibilities:
- Data validation and analysis for market data used for index computations
- Bespoke reports for end clients
- Ownership and accountability of any activities performed by the individual. 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
Mandatory Skill Set :
- Finance Background
- Experience in OTC Derivatives
- Excel proficiency
Desired Skill Set :
- Knowledge of Index workings
- Basic knowledge of Python would be an added advantage