Job Title: FO Risk

Job Code: 9010

Country: IN

City: Mumbai

Skill Category: Global Markets

Description:

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.

Division Overview:

Nomura's Global Markets Division handles client transactions for financial institutions, corporates, governments and investment funds around the world. We act as market makers, trading in fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. We have taken market-leading positions across the globe by leveraging the strength of our talent, client relationships and technology.

Business Overview:

Nomura’s Prime Services is a fully integrated platform offering global securities lending, innovative financing solutions, execution excellence, and industry expertise. Our clients include leading institutional asset managers, hedge funds, and other market participants across the globe. Leveraging the entire firm, Nomura Prime Services is committed to providing our clients with the highest level of service, support, and technology.

Position Specifications:

Corporate Title	Analyst
Experience	0 - 2 years
Qualification	Post Graduate Degree/ MBA, CFA or equivalent finance major or similar
Requisition	9010

Role & Responsibilities:

The primary responsibilities for the roles within the Prime Finance – Margin & Risk Control Team would include:

Responsible for the day-to-day activities of Mumbai Prime Brokerage – Front Office Control hub supporting Asia/Europe/US.
Build, monitor and implement controls to ensure correct margin and excess/deficit calculations to Prime clients.
Run daily checks on client setups, build reconciliations using data from reference data, trade booking and margin & collateral systems.
Build, monitor and run daily control reports and dashboard to check day-over-day swings on key metrics.
Write daily commentary on control breaks, exceptions and swings.
Co-ordinate with Prime Risk team and support teams like Collateral Operations, IT and Middle Office to get the breaks investigated and resolved.
Report and escalate unresolved issues and breaks to Prime senior management.
Work with Analytics team to test new controls on the IT infrastructure.
Coordinate with support teams to ensure that their set of controls are duly monitored and reported.
Participate in team calls and represent / explain control breaks and resolution.

Mind Set:

Mandatory

Desired

Domain

Post Graduate Degree/ MBA, CFA or equivalent finance major or similar
Strong knowledge of Equities, Equity Derivatives, Convertible Bonds, Fixed Income, Repo, and Futures and Options.
MS Excel to expert level.
Working knowledge of SQL, Python.
Excellent interpersonal and communication skills.
Good general knowledge & understanding of current macro-economic trends.
Strong logical, analytical and problem solving skills are a must.
Strong team player, a quick learner and willing to put extra effort to build client / stakeholder relations and garner business knowledge.
Self-starter and ability to multi-task and meet various deadlines.
Ability and openness to learn new technologies and work on new platforms.

Previous experience in Global Markets (Prime Brokerage, Margin or Collateral or Risk management) preferred.
Knowledge of Prime Brokerage and/or financing businesses, and client motivations.
Cross products (Cash / Synthetics PB, Sec-lending, Liquidity management etc.) knowledge a plus.
Experience of BI tools such as Power BI or Tableau.
Experience or knowledge on KDB, Kx will be preferred.