Job Title: OPS-SS / Settlements
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: The role of Shared Services is to support the activities of the Global Markets and IBD businesses. The division operates across a large number of global legal entities in order to perform a diverse range of client servicing, risk management and regulatory functions, as well as the more traditional clearing and settlement responsibilities. Specifically India Shared Services provides a level of support for all the regions and entities that the above services are provided in locally. It is further subdivided into the following highly specialized teams..
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 Vice President Functional Title Vice President Experience 15+ years Qualification Graduate / MBA
Role & Responsibilities: Mind Set: Mandatory Desired Domain • Own client & employee experience for entire FX Settlements’ operations • 15 + years of relevant industry experience • High ethical standards & strong control mind-set • Demonstrates Executive presence in interactions with various stakeholders • Ability to manage & develop strategic plans for Business • Ability to manage alliances, client relationships & cross functional initiatives • Technical Skills/ Business Domain, Soft Skills, Settlements Operations background • Highly Motivated & excellent time management & prioritization skills ▪ Manage Global FX Settlements’ operations across Nomura Entities ▪ Work closely with other Business units like Front Office, Middle Office, Technology etc. to ensure smooth conduct of operational tasks ▪ Responsible for management of FX Settlements based Applications & ensure that these applications are updated with recent market driven initiatives ▪ Recognize potential for greater processing & reporting efficiencies & make recommendations accordingly ▪ Drive strategic direction for FX Settlements team & create a close integration with global footprint ▪ Identifies, analyses & resolves complex problems related to product lines or functions, using general practises & change precedents to resolve ▪ Ensure proper communication & compliance of company & regulatory policies affecting areas managed
Mind Set: Mandatory Desired Domain • Own client & employee experience for entire FX Settlements’ operations • 15 + years of relevant industry experience • High ethical standards & strong control mind-set • Demonstrates Executive presence in interactions with various stakeholders • Ability to manage & develop strategic plans for Business • Ability to manage alliances, client relationships & cross functional initiatives • Technical Skills/ Business Domain, Soft Skills, Settlements Operations background • Highly Motivated & excellent time management & prioritization skills. • Effective communication skills & ability to work in high pressure environment • Ability to analyse issues & derive solutions • Proactive approach to manage risk • Translate data into key business metrics & decision making • Build a culture & process to identify, mitigate & control operational risk, audit & regulators • Require in depth understanding & experience of Security Trade life cycle Technical • Expertise in technical skills like Alteryx, Power BI, Robotics, Machine Learning etc. • Strong Analytical bend & experience in building Data Visuals for senior management