Job Title:  OPS-BA / IWM

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.

Divisional Overview:

The Operations division provides the support and control infrastructure that enables the Firm to develop and deliver financial products throughout the world. Working with the Sales, Trading and Information Technology Divisions, Operations professionals are responsible for the management and execution of transactions in a manner, which maximizes profitability and minimizes risk.

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 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.

Business Unit Overview:

In IWM Process the main objective is to serve the wealth clients and manage/handle all the activities seamlessly that initiate post the client portfolio is opened in Nomura. Security settlement of Fixed Income, Equity, Mutual funds, Corporate action events, Derivatives product settlement, asset/portfolio transfer are some of the important functions of the IWM process. The team interacts heavily with Middle office, Front Office, Relationship managers, Client Service officers, Sales, Credit, Treasury, regional stakeholders, Risk, agent banks and Information Technology. Responsibilities include Pre-matching of trades, Funding, Core settlements, Portfolio Transfer, Reconciliation, Fails & Exception Management, Reporting & MIS, etc.

Functional Overview

The Asset transfer Team handles remittances and securities transfers across all markets for wealth clients. The team ensures all the requests are processed timely & seamlessly.

Responsibilities

• Run a BAU process with strong control mind-set supporting remittances and securities transfers.
• Perform assigned tasks independently, timely and accurately
• Handling exceptions and able to provide constructive solutions to resolve query and challenge.
• Able to review existing process and come up with ideas for efficiency without compromising on control.
• Perform ad hoc supports for manager
• Manage internal stakeholders and ensure consistent delivery as per SLA
• Participate in projects and change initiatives

Requirements:

• Min 1-3 years’ experience in asset transfer / settlements with private banking experience preferred
• Experience in Remittance (eg, Payments, Receipts), Custody (eg, FOP transfers, Conversions)
• Previous experience in dealing with Avaloq system is an advantage
• Team player with good interpersonal and communication skills
• Comfortable with tight deadlines and pressure
• Inquisitive, proactive and able to work in fast paced environment

Position Specifications:

Role & Responsibilities:

Mind Set: