Job Title: OPS-SS / Asset Servicing

Job Code: 11598

Country: IN

City: Mumbai

Skill Category: Operations

Description:

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:

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, 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 Overview:

Asset servicing is a "core" ongoing service provided by Nomura to its clients. This service includes

Collection and payout of dividends and coupon interest, processing corporate actions and applying for tax relief from foreign governments on behalf of customers.

The Asset Servicing team is primarily responsible for:

Confirming / validating corporate action related events

Computing and processing entitlements & accruals
Processing redemptions
Payables & Receivables
Tax relief for counter parties
Conversions

What We Offer:

We support employee wellbeing by ensuring a sense of purpose and belonging.
We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title	Analyst/Senior Analyst
Functional Title	Analyst/Senior Analyst
Experience	Analyst - Fresher/1-2 year’s relevant experience. Senior Analyst – 3-5 year’s relevant experience
Qualification	Graduate/MBA-Finance.
Requisition No.	11597

Role & Responsibilities:

The incumbent will be responsible for verifying stock record as of record and pay date on coupons and stock loan.
Creating and updating payables and receivables coupon claims in the database
Liaising with the clients and chasing for quick recovery of outstanding claims
Paying out received claims within currency deadlines and ensure that there are no miss outs

To interact with internal clients (like traders/middle offices/settlement team) and external counterparties, and agents/custodian to investigate/highlight/resolve any claim/position discrepancies.
To investigate and resolve all allocated stock and cash breaks.

Role holders are required to take responsibility for the accuracy and quality of their own work
Role holders undertake a range of data extraction & validation.
They will be expected to identify discrepancies and anomalies, liaising with colleagues to answer questions and initiate appropriate action. This requires the understanding and use of a number of clearly defined procedures and processes.

To ensure that all the tasks are performed as per the prescribed timelines/market cut-offs.
To arrange task coverage in the case of potential/actual absence.
Should contribute on Excel Macro building for any sort of tactical solution feasibility requirement on the process

Mind Set:

Mandatory

Desired

Domain

Enhanced computer skills (excel).
Good written and verbal communication skills, ability to handle multiple tasks at one time and ability to deal with people in a professional manner.
Time management and prioritisation skills.
Ability to handle pressure, high volume and risk.
Understanding of the whole trade life cycle and corporate action flow.

Desired (Required for an SA)

Experience in similar global Corporate Action process.

Technical

Any Basic prior exposure on workflow tool, Data interpretation and presentation using any new age digital skills or tool (e.g. in any of Altreyx, Excel Macro, R, Python, PowerBi, Tabelu, etc)

Prior development and implementation experience on workflow tool, Data interpretation and presentation experience.

Nomura Leadership Behaviours:

Leadership Behaviours	Description	Element
Exploring Insights & Vision	Comprehensively analyse the nature of the problems we face and set our focus toward the future vision	Gather Intelligence Create a vision Identify an issue
Making Strategic Decisions	Analyse options and feasibility to resolve issues, in making judgments and recommendations	Identify countermeasures Assess feasibility Make a judgment
Inspiring Entrepreneurship in People	Promotes the vision and goals to others in such a way that inspires commitment and independent contributions	Influence Inspire Commit
Elevating Organizational Capacity	Maximize organizational productivity through leadership development and engagement	Have an ownership in own development Support other‘s growth Encourage organizational growth
Inclusion	Respect diverse perspectives and promote psychological safety and the creation of a risk culture	Foster psychological safety Encourage the active participation of all talent Foster a risk culture

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We 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.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).