Job Title:  OPS-BM / Business Management

Nomura Overview:

Nomura Services, India is a core center of excellence powering 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 shaping, strengthening, and accelerating Nomura'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 2021.

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 to maximize profitability and minimize 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, reference data management and various other 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: Powai Ops Business Management Office (BMO) plays a pivotal role in developing and implementing the strategy for division in collaboration with Global / Powai Senior Leadership Team (SLT). The BMO play a central role in extending resources for crucial programs and ensuring vital governance of these programs to augment firm’s objectives. This is delivered through effective budget management, optimizing resources, identifying initiatives and selecting the right approach. Powai BMO is responsible for key functions such as financial performance and cost management, innovation, business continuity management, program management for key initiatives, transition management, talent development and retention for Powai Operations. These functions are integral for Powai Operations to deliver on Firm’s agenda. Position Specifications: Corporate Title Associate Functional Title Manager Experience 8 - 12 years Qualification Requisition No. Role & Responsibilities: • Financial Planning & Analysis – o Budget preparation, tracking actuals / budget, forecasting, variance analysis and expense analysis. o Headcount Reporting & control o Finance MI & Analytics - Work with large amounts of data to identify meaningful analysis / trends driving cost saves initiatives. Operating model changes, transformation / automation opportunities. • Senior Stakeholder Management: o Dashboard creation to provide transparency of financials, workforce management and key projects o Provide Sr. Mgmt. multiple advisory / analytics to help drive initiatives to manage their cost base o Insights of key cost drivers and provide cost models to deliver / track cost saves targets • Process Transition / Process Excellence – o Process mapping and a passion to drive towards globally consistent processes o Documentation of SOPs for processes, where they don’t exist o Build and maintain a Business Management Service Catalogue, with appropriate SLAs/OLAs, etc. o Plan and implement process transition from global/regions to Shared Service team o Oversee the “run phase” of processes transitioned o Define governance and engagement model to prioritize, monitor and improve services and processes o Manage stakeholders and establish active communication plan throughout journey • Project management experience in driving strategic initiatives. o Excellent communication skills with all stakeholders. o Proven record of planning, executing, monitoring and controlling large projects. • BCM o Knowledge of BCM framework and conversant with preparing BIA, BRP documents and testing the BCP plans o Excellent communication skills to cascade key information to all stakeholders such as BCM, Line business, Senior Management etc. o Identification of BCP scenarios and response plans in a hybrid working model Key Skills: Mandatory Domain - Experience in Finance, BCP, MI & Reporting, Project Management and driving change in finance domain - Strong communication and presentation skills - Understanding of Business Management services that support running Technology and Operations in Financial organizations - Exposure to Financial Management, Workforce Management and Vendor Management processes Technical - Expertise in MS Excel, PowerPoint - Ability to work with SharePoint and Power BI