Job Title: LGL-Paralegal
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.
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 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:
Powai LCC broadly covers the areas of Legal, Compliance and Conduct, and is responsible for building a robust risk and control framework. The Powai LCC teams support Nomura Powai entities, as well as LCC teams globally to ensure effective risk management of Legal, Compliance and Conduct related risks for the firm. Powai Legal comprises of the Corporate Legal and Transaction Legal functions, which provide advice and support on corporate, employment and transactional matters. The Offshore Legal team supports global teams on corporate and secretarial matters, Global Markets, and Masters documentation related requirements. Powai Compliance comprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Monitoring, Control Room & Disclosure Monitoring and Employee Compliance. The teams provide advisory and operations support to global / regional Compliance teams driven by global / regional policies and regulatory expectations.
Business Unit Overview:
The Global Masters Documentation Team is an extension of the:
- London based Transaction Legal Team which covers our Europe, Middle East & Africa business; • New York based Legal Documentation Team which covers our Americas business; and
- Asia based Transaction Legal Team which covers our Asia Ex Japan (“AEJ”) business. • Japan based Transaction Legal Team
The core function of the team is to maintain and update a database and status tracking system for Derivative Master agreements, repurchase agreements, stock-lending agreements and other financial agreements. The tracking of these agreements, from drafting through to execution, is of great importance, as is the ability to easily review the terms of the executed agreements. The information fed into the database and tracking system is used to monitor risk, collateral and other exposure by various departments within the firm.
The candidate will also be expected to analyse and provide information to the legal and business teams in response to queries relating to financial agreements, prepare reports and work on a variety of ad-hoc and regulatory projects
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Experience |
1 - 2 years in the finance industry and derivatives background on swap, repurchase and stock lending master agreements, analysis of Legal opinions and nettings |
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Qualification |
Graduate, Paralegal |
Role & Responsibilities:
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Work as a part of the Global Masters Documentation team with the stakeholders in regions and provide assistance to the regional team, which is part of Transaction Legal |
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Updating critical terms of various master agreements (i.e. ISDA, CSA, Global Master Repurchase agreement and Global Master Securities Lending agreements) in the firm’s database |
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Generating and distribution of various management reports |
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Responding to queries received from the business and legal teams related to master agreements |
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Analyzing and interpreting clauses of master agreements and advising other business teams |
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Identifying areas of improvement and working on technology initiatives to increase efficiency and reduce manual intervention |
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Delegation of work within the team, assisting and supervising the work done by the team members, reviewing the work and also taking complete onus of the tasks |
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Developing and maintaining a proactive relationship with the stakeholders in all regions |
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Understanding roles, responsibilities, goals and processes to mitigate risks by ensuring that the team members are made aware about the changing business requirements, delegation of work, knowledge sharing sessions and to expertise on a particular process |
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Review the constitutional documents of a counterparty to identify entity type, jurisdiction, capacity to trade and netting |
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Drafting of notices to counterparty pursuant to mini-close out of a transaction in the repurchase / stock lending |
Role Requirements:
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Mandatory |
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Domain / Technical |
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Excellent analytical skills, an eye for detail Command over the English language (written and verbal) and excellent communication skills Understanding team dynamics and encouraging good relationships Timely escalations MS Excel skills are important (at least ‘intermediate’) |
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Ability to apply practical solutions to problems |
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Managing discipline and dealing with conflict |
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Planning, problem solving and decision-making |
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Decent knowledge about derivative master agreements, confirmations
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Interpersonal |
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Strong interpersonal and administrative skills, mature judgement and high ethical standards Pro-active, with a mind set to drive efficiency Ability to identify issues and knowing when to escalate |
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Critical thinking and detail orientated |
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Responsive, accountable |
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Team player |
Nomura Core Competencies:
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Competencies Behavioral Indicators |
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Culture & Conduct Building Nomura’s Culture Diversity & Inclusion Professional Integrity Self-Awareness |
Aware of own impact Respectful attitude Professionalism Gets involved |
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Client-Centricity & Business Acumen Commerciality Client-Centricity Analytical Thinking & Problem Solving |
Product / service knowledge Responsive, accountable Detail orientated Offers options/solutions |
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Strategy & Innovation Strategic Thinking & Change Decision Making & Judgement Agility |
Stays up to date Thinks differently Demonstrates entrepreneurial thinking Translates strategies into plans Stays one step ahead Open to new ways of thinking |
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Leadership & Collaboration Managing Talent Recognising and Motivating Supporting, Developing & Collaborating with others Managing Conflict |
Stays up to date Open to new ways of thinking Sees when to escalate Provides logical rationales Shows initiative to develop Leverages resources |
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Communication & Connectivity Articulation & Receptiveness Impact Connectivity |
Recognises others’ efforts Offers to assist Willing team participant Shows interest |
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Communication & Influence Articulation and Receptiveness Impact Connectivity |
Speaks/writes clearly Aware of non-verbal behaviour Demonstrates active listening Conveys a positive image Shares information keeps people informed Builds strong relationships |
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Execution & Delivery Driving Performance Execution-Focus Planning & Organising Adaptability |
Maintains can-do attitude Sees tasks to completion Manages day-to day work Prioritises/meets deadlines Asks questions to gain understanding Responds positively to feedback |
Nomura Leadership Behaviours:
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Leadership |
Description |
Element |
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Exploring Insights & Vision |
Comprehensively analyse the nature |
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Making Strategic Decisions |
Analyse options and feasibility to resolve issues, in making |
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Inspiring Entrepreneurship in People |
Promotes the vision and goals to others in such a way that inspires commitment and independent contributions |
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Elevating Organizational Capacity |
Maximize organizational productivity through leadership development and |
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Inclusion |
Respect diverse perspectives and |
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Equal Opportunity Employer:
The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.