Job Title:  OPS-GMO / Prime MO

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.

Position Overview The position represents a managerial role within the Prime Middle Office, combining strategic oversight with deep operational expertise. This executive-level position requires significant relevant experience in equity financing, prime brokerage, or middle office operations, with a Bachelor's degree required and MBA or professional qualifications preferred. The role is positioned globally across multiple regions, serving as the senior operational subject matter expert for complex financing transactions and lifecycle events. The candidate will provide comprehensive ownership of the equity financing operating model, bridging front office trading and sales functions with operations, technology, risk, and control teams. Role Summary This role serves as the critical strategic bridge between Equity Financing Trading, Prime Brokerage, and Sales teams on one side, and Operations, Technology, Risk, Treasury, Product Control, Legal, and Compliance functions on the other. The position demands a unique combination of deep product expertise, operational excellence, and strong business acumen with risk awareness and transformation leadership capabilities. The candidate is expected to own outcomes rather than simply managing processes, taking responsibility for identifying control and business risks, challenging existing frameworks, driving sustainable remediation, and improving operational scalability. The role requires representation of the function in senior management forums and the ability to translate complex business requirements into executable operational strategies.

Business Scope ◼ Equity Financing, Stock Loan, and Securities Borrowing & Lending operations ◼ Equity Prime Services including Cash Prime Brokerage and Synthetic Prime Brokerage ◼ Equity Cash and Derivatives Middle Office interface management ◼ Long inventory financing and securities inventory monetization strategies ◼ Stock borrow/locate, recalls, returns, substitutions, and financing lifecycle management ◼ Cash and non-cash collateral structures, margin requirements, and pledge/financing arrangements ◼ End-to-end trade lifecycle management including settlement, reconciliation, exposure management, and exception governance Strategic Leadership & Business Ownership ◼ Provide executive oversight of the global Equity Financing/Stock Loan middle-office framework ◼ Serve as senior operational SME for complex financing transactions, structures, and lifecycle events ◼ Partner strategically with Front Office to understand business strategy, financing demand, and client requirements ◼ Translate business requirements into scalable operating models, controls, and technology solutions ◼ Oversee comprehensive exception-management frameworks and senior-level issue resolution protocols ◼ Lead governance for trade amendments, corrections, cancellations, and approval workflows ◼ Drive global process consistency and service standards while accommodating market-specific requirements ◼ Identify strategic opportunities to improve client service, reduce operational risk, and enhance financing economics Product Expertise Requirements The candidate must demonstrate comprehensive understanding of securities lending, stock borrowing, equity financing, and prime brokerage mechanics. This includes mastery of the economics surrounding general collateral versus specials, borrow availability, lending fees, rebates, and financing spreads. The role requires deep knowledge of the complete lifecycle from locate/borrow requests and trade execution through settlement, collateralization, recalls, returns, and close-out procedures. The candidate must provide strategic oversight of inventory availability, stock loan positions, financing balances, and utilization metrics. Understanding of long inventory monetization and the complex interactions between equity holdings and financing structures is essential. The position demands expertise in cash and non-cash collateral structures, including pledge/security-interest arrangements and beneficial-ownership considerations, while partnering effectively with Trading, Treasury, and Risk teams to assess funding, liquidity, leverage, and capital implications. Risk & Control Framework The candidate owns the operational control environment for Equity Financing/Stock Loan within the first line operating framework, working closely with second-line Risk and Compliance functions to establish, maintain, and evidence effective regulatory controls. This includes ensuring compliance with securities lending, short-selling, collateral, settlement, capital, liquidity, and market regulations across all applicable jurisdictions. The role requires leadership in control testing, validation, issue remediation, and governance reviews across relevant operational processes. The candidate must challenge risk acceptance decisions, manual controls, and process gaps where residual risk levels are inappropriate. The position involves supporting internal and external audits, regulatory reviews, and risk assessments while ensuring new products, markets, and financing structures undergo appropriate governance and operational readiness assessments. Strategic oversight of reconciliation frameworks, counterparty exposure management, and key risk indicator monitoring across global markets is essential.

Required Qualifications ◼ Bachelor's degree required; MBA, CFA, FRM or equivalent professional qualification preferred ◼ Significant relevant experience in investment banking operations, Prime Brokerage, Equity Financing, Securities Lending, Stock Loan or Equity Middle Office ◼ Strong understanding of equity and derivatives products, securities financing and operational processes ◼ Extensive experience in Prime Brokerage, SBL/EQF or related global markets environment ◼ Demonstrated experience partnering with Front Office and second-line Risk/Compliance functions ◼ Experience managing complex, cross-regional initiatives in multi-jurisdictional regulated environments ◼ Experience with audit, risk management, control testing or regulatory remediation strongly preferred ◼ Proven track record managing global teams and operating across multiple time zones Technical & Systems Skills ◼ Advanced Microsoft Excel proficiency including data analysis, pivot tables, and management reporting ◼ Strong PowerPoint capabilities for senior-management presentations and governance forums ◼ Experience with Prime Brokerage, Securities Lending/Stock Loan and trade lifecycle platforms ◼ Familiarity with securities-lending market infrastructure and platforms such as EquiLend/Pirum ◼ Experience with reconciliation, settlement, collateral and exposure-management systems ◼ Knowledge of workflow automation, data visualization and business-intelligence tools ◼ Familiarity with regulatory reporting, risk-management and compliance platforms ◼ Ability to collaborate with technology teams on requirements, UAT, implementation and production governance Success Measures Dimension Success Indicators Business & Product Strong support for financing growth; scalable operating model; effective client servicing Risk & Control Reduced operational incidents, aged breaks and control deficiencies; timely remediation Operational Excellence Improved STP, reduced manual touchpoints, faster exception resolution and lower operational risk Transformation Delivered automation/re-engineering benefits with measurable capacity, cost or quality improvements Governance High-quality MI/KRI reporting; effective escalation; consistent global standards People Leadership Strong succession, SME depth, retention and development of high-performing teams Key Stakeholders ◼ Equity Financing Trading and Prime Brokerage teams ◼ Equity Sales and Securities Lending functions ◼ Treasury, Funding, Market Risk, and Credit Risk departments ◼ Compliance, Legal, and Product Control/Finance teams ◼ Operations, Collateral Management, and Corporate Actions groups ◼ Client Service, Technology, and Data Management functions ◼ Transition Management, Internal Audit, and Senior Management ◼ External counterparties and market infrastructure participants Role Differentiation The position is distinguished as the senior owner of the Equity Financing/Stock Loan operating model rather than a senior process manager. The role requires an individual who combines deep product expertise with strategic judgment, commercial awareness, risk discipline, and transformational leadership capabilities. The candidate is expected to constructively challenge business practices, identify emerging risks proactively, influence senior stakeholders across multiple functions, and deliver sustainable improvements across people, process, technology, and control frameworks. This position represents the evolution from tactical process management to strategic operating-model ownership, requiring the ability to translate complex business strategies into executable operational frameworks while maintaining the highest standards of risk management and regulatory compliance.