Job Title:  OPS-SSG / Asset Servicing

Job Code:  570
Country:  IN
City:  Mumbai
Skill Category:  Operations

Job Description
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
Position Specifications:
Division : Core Operations Function : Asset Servicing Job Title : Analyst/Senior Analyst
Reporting to : Associate Manager/Manager
Experience : Analyst - Fresher/1-2 year’s relevant experience;
Senior Analyst- 3-4 year’s relevant experience
Qualification : Graduate/MBA-Finance.
Role & Responsibilities of the Position in Brief:
 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.
Knowledge & Skills:
i. Required
 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.
ii. Desired (Required for an SA)
 Experience in similar global Corporate Action process.
Qualification & Experience:
 Graduate with minimum 1-2 yrs experience in Investment Banking operations, preferably in a
similar Corporate Action process
 MBA –Finance/or relevant post graduate finance qualification
Performance Indicators:
Accuracy and speed, deadlines met, checklists and procedures followed.
Completeness of work.
Customer feedback.
Feedback from peer group
Feedback from team colleagues
Controls and procedures followed
Knowledge of the process, products & system
Other Details/Requirements:
 Shift timings:
o 01.00 pm to 10.00 pm (European Hours) - The incumbent is required to be flexible in
order to accommodate occasional requirements.
o 07.00 am to 4.00 pm (Asian Hours) - The incumbent is required to be flexible in order
to accommodate occasional requirements.