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.

Role:

• The role will report to Vice President of Asset Management Division.
• Account for the day-to-day management of functional/oversight team(s) and manage daily service delivery and production activities performed by the staff
• Work in conjunction with individuals on the team (locally) and in the regional offices to ensure seamless processing according to the fund policies, ensure NAV/Yield accuracy and that all SLA’s are met
• Works collaboratively with teams and management across the organization on various projects, oversight, committees, KPI’s etc
• Act as the primary contact and key escalation point for operational issues, as well as provide technical expertise to resolve daily problems
• Ensure appropriate records of daily and monthly activities are kept. Assist with compliance reviews or audits as needed.
• Perform regular gap analysis and process exception review; implement remediation initiatives across those tasks identified as best practice
• Continuously monitor Key Risk Indicators for people and process.
• Establish strong collaborative business relationships at all levels to facilitate the accomplishment of business objectives
• Participate and lead projects that may be defined from time to time in connection with the continuous expansion and evolution of business.
• Assist in co-ordinating the creating, development, testing and roll-out of technology applications and roll-out of technology applications to further streamline the tasks

• Focus on identifying, developing, deploying and retaining key talent for the future success of the team
• Train, develop and motivate staff, as well as complete performance appraisals
• Be responsible for hiring new personnel and make effective hiring decisions

Team Profile -

• Portfolio Reconciliation – Daily, Weekly and Monthly reconciliations of IM vs Custodian records. Own responsibility of root cause analysis and resolution of discrepancies.
• Cash Projection – Reporting Firm AUM, Trade date and Settle date cash to Portfolio Managers and Trading desk, Overdrafts. Tracking and booking of Subscription and Redemptions.
• Corporate Actions – Complete lifecycle management of mandatory corporate action event i.e. identification, data scrubbing, calculating economics, booking to accounts and post settlement reconciliation
• Custodian/Fund Administrator Reporting – Reporting of holdings, market value, accrued income. Submission of Portfolio reconciliation reports and validation of NAV’s within reasonable tolerance levels.
• Portfolio Performance measurement – Reporting of Portfolio performance vs the benchmarks. Daily flash reporting, monthly schedule of customized client reports, attend to Portfolio manager or client queries.
• Product Control – Daily and monthly reporting of revenue of the firm
• Investment Management fee – Manage NAV tracking, fee calculations, preparation and distribution of Client fee invoices. Maintenance of fee calculation system.
• Process Transformation programs – Continuous review of existing processes/tasks and identify areas of improvements to bring efficiency or mitigation of risk areas. Run frequent ideation programs within the team to build a culture of challenging the status quo.
• FinTech skillset – Certification and hands on experience in Alteryx, PowerBI, Confluence, SharePoint etc. Ability to utilize these tools to automate a task to build efficiency or mitigate a risk area.

Key Skills:

• 10+ years of experience working with Global Custodian bank and/or Asset Management firm
• 3 – 5 years of experience in managing staff
• Flexible to work in night shift.
• Experience in working with Senior Management, ability to covert expectations into actions to fulfil business objectives
• Excellent communication skills i.e. written and spoken.
• Prior work experience either in Portfolio reconciliations and/or Portfolio measurement and reporting is mandatory
• Experience on Process streamlining and migrations
• Ability to multi-task, work independently with minimal supervision and prioritize assignments and meet deadlines
• Strong ability to develop effective working relationships with investment staff and articulate clearly on recommendations
• Good Analytical skills

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.