Job Title:  IFO-Infrastructure Others

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, (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.

Position Specifications

Division                         :   Asset Management            

Function                       :   Trade Support

Designation                   :   Analyst

No. of Positions             :   1

Overview of the position in brief:
 

Trade Support team ensures all trades placed by the front office are correctly processed in the market and internal systems reflect correct trade information.

The team handles all trades executed out of Nomura Asset Management’s London office across the following asset classes: Equities; Fixed Income; Money Markets; Exchange Traded Futures, OTC Derivatives; FX and NDFs. The team also supports our global offices with trade related queriesThe candidate will also be expected to demonstrate or develop relevant process/system knowledge, along with an appreciation of customer requirements and awareness of agreed service levels. Strong time management and personal organisation is critical.  The individual will be highly client focused, with strong communication skills.

Working in a fast-paced environment, the successful candidate will have a variety of tasks to complete, which includes trade confirmations, FX processing and trade settlement queries.

The ideal candidate would be a self-motivated team player with minimum of 1-2 years experience in a similar role.

The candidate must be able to priortise individual and team work loads and deliver high quality, accurate work to meet standards required by internal and external parties.

Trade Support team duties and responsibilities:

• Trade confirmation and instruction processing for both Equity and Fixed Income securities.  Involves following up with multiple external brokers and liaising with the NAMUK Trading desk, to ensure trades are allocated and confirmed either automatically via CTM or manual confirmation. There is a business requirement to receive information before COB on trade date on the majority of our funds.

• Confirmation of all FX trades executed by NAMUK Trading desk with the brokers and resolving any exceptions (e.g. where an FX may not auto-match with the broker). Processing of fixing rates for NDF trades and confirming payments with brokers.

• Trade Settlement management for both Equity and Fixed Income securities.  Monitoring of pending and failed trade reports received from both custodians and brokers, investigating discrepancies and liaising with relevant parties to final resolution/settlement.

• Ensuring that all Money Market trades (CDs, CPs, MTNs and FRNs) executed by the trading team are confirmed and instructed, resolving any issues that may occur (e.g. if manual confirmations are sent by the broker, queries from the custodian).

• Monitoring group email box to ensure queries are actioned by the team according to priority and ensuring that there are no outstanding items at COB.

• Ensuring existing procedures are kept up-to-date with changing processes.

• Generating reports to meet regulatory requirements (EMIR, MiFID II)

Key Skills:

• Attention to detail essential.
• Knowledge of SWIFT and OMGEO CTM required, Bloomberg AIM beneficial.
• Understanding of the trade lifecycles for the following products: for equities, fixed income, FXs, NDFs instruments, Equity options and exchange-traded futures.
• Knowledge of OTC products and their lifecycles advantageous (e.g., Swaptions, Interest Rate Swaps, Credit Default Swaps, CDX, FX options). 
• Collateral Management experience would be desirable.
• Must be able to communicate clearly, both written and orally, with internal counterparties (e.g., portfolio managers, trading desk, client services, other Nomura offices), as well as external bodies (brokers and custodians).
• Ability to assess different levels of risk, in order to know what must be prioritised.
• Excellent time management skills essential to ensure timely delivery of scheduled standard tasks. This includes understanding and completing requirements for peak periods (e.g. receiving confirmations by COB, and increased volumes for monthly portfolio rebalancing/ monthly FX fixing/rollover periods). However, an ability to remain flexible to meet changing business priorities is also needed.
• Ability to get counterparties to deliver with the tenacity to follow up on outstanding actions.
• Ability to quickly understand new systems, both in-house and market-supplied providers.

Equal Opportunity Employer:
 
Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.