Job Title: OPS-SS / Confirmations

Job Code: 11816

Country: IN

City: Mumbai

Skill Category: Operations

Description:

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.

Business Overview:

The OTC Derivatives business is managed and run globally and focuses on the trading of all derivatives products across the asset class – this includes FX, Equity, Credit, Commodity, Interest Rate and Inflation Products and Option Derivatives. The core business is market make and support client trading across a diverse product range.

The OTC Confirmations group is responsible for the Affirmation, Drafting, Chasing, Indexing and Execution of Confirmations arising from the OTC trading of financial derivatives, as per International Swaps and Derivatives Association (ISDA) regulations. The group aims to execute confirmations in line with the Regulatory Timelines (CFTC, EMIR, SEC and MAS) to minimize firm operational risk for all open trades. The group covers both Structured and Vanilla trading volumes across Equities, Fixed Income, FX and Credit for Europe, US, ASIA and Japan.

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	OTC Confirms
Functional Title
Experience	3-6 Years
Qualification	Graduate/ Post Graduate/ MBA (Finance)
Requisition No.

Role & Responsibilities:

. Execute daily tasks assigned for the process with zero errors/ incidents

. Verbal Affirmation, Chasing, DTCC, Matching, Queries, Indexing, Execution of trade confirmation and Verification of trade queues

OR

. Drafting, Reviewing, Verification of trade queues and Validation of daily trade feeds

. Assist in publishing daily/ weekly/ monthly MIS in time

. Maintaining Green KPIs/ Regulatory targets

. Review & strengthen controls for the processes managed out of Powai

. Building relationships with businesses and counterparties to ensure that there is effective escalation

. Ensuring timely escalations within the Operations groups and Middle Offices to ensure prompt resolution of exceptions

. Understand needs and sensitivities of internal and external clients and proactively ensures these are met

. Ensure iCheck List is updated for all daily tasks performed

Mind Set:

Mandatory

Desired

Domain

Graduate/Post Graduate/ MBA (Finance) with minimum (Senior Analysts: Fresher 3- years) experience in Investment Banking Operations preferably in Global Market Operations

Good verbal & written communication skills
Multi-Tasking
Team player
Demonstrate prioritisation and ability to work under pressure
Ability to present key issues to Manager
Positive attitude/ approach with the ability to influence others

Technical

The candidate should have a good working knowledge of:-
Rates/Credit/FX/Equity Asset classes
Knowledge around derivatives products and market terminologies
Conversant with ISDA standards & definitions

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).