Job Title: Product Management

Job Code: 9323

Country: IN

City: Mumbai

Skill Category: Global Markets

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.

Division Overview:

Nomura International Wealth Management have more than 50 years of experience delivering value to our high net worth clients in Asia. Our commitment to deliver bespoke solutions is paired with judicious planning, coupled with Asia insight to meet clients’ wealth planning and investment goal objectives.

Nomura IWM have access to both global and regional investment opportunities across multiple asset classes - fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. IWM will take advantage of Nomura’s research-based advice, strong execution capabilities and bespoke solutions that leverage our global expertise in Global Markets, Investment Banking, Asset Management and other affiliates.

IWM rolls up to Nomura’s Wholesale division along with Global Markets (GM) and Investment Banking (IBD).

Business Unit Overview:

We are seeking an experienced and dynamic Senior Business Analyst to join our Wealth Management Business Transformation team. In this pivotal role, you will be at the forefront of driving change and innovation within our wealth management division, working on high-impact projects that shape the future of our business. You will specialize in areas such as Managed Investments Solutions, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management, leveraging data-driven insights to inform decision-making processes.

Position Specifications:

Corporate Title	Associate
Experience	6+ years
Qualification	B.E/B. Tech, MBA (Finance) or CA
Requisition No.	9323

Role & Responsibilities:

Lead complex business analysis initiatives across specialized domains, including Managed Investments, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management
Collaborate with stakeholders across various levels of the organization to identify business needs, challenges, and opportunities for improvement in these specialized areas
Develop and maintain detailed business requirements, process flows, use cases, and user stories specific to wealth management products and services
Conduct gap analysis between current and future state processes, identifying areas for optimization and efficiency gains in investment strategies and portfolio management
Facilitate workshops and meetings to elicit requirements and drive consensus among diverse stakeholder groups, including investment managers, advisors, and clients
Create and present compelling business cases, reports, and presentations to senior management, incorporating data-driven insights and financial modelling
Work closely with IT teams to ensure that technical solutions align with business objectives and regulatory requirements in the wealth management space
Perform advanced data analysis and financial modelling to support decision-making processes and investment strategies
Contribute to the development of the overall business transformation strategy, with a focus on enhancing investment products and services
Mentor junior business analysts and foster a culture of continuous improvement and data-driven decision making
Collaborate with data science teams to develop and implement predictive models and analytics tools for portfolio optimization and risk management

Mind Set:

Mandatory

Desired

Domain

7+ years of experience in business analysis, with at least 3+ years with specialization in the wealth management financial services sector
Strong understanding of wealth management products, services, and regulatory environment, particularly in Managed Investments, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management
Proven track record of successfully delivering large-scale transformation projects in the wealth management domain engaging cross-functional divisions.
Excellent analytical and problem-solving skills, with the ability to translate complex financial concepts into actionable insights
Advanced proficiency in Microsoft Office suite, particularly Excel and PowerPoint
Experience with business process modelling tools (e.g., Visio, BPMN) and financial modelling techniques
Familiarity with Agile methodologies and project management tools (e.g., JIRA, Confluence)
Outstanding communication and interpersonal skills, with the ability to influence and negotiate at all levels of the organization
Certified Business Analysis Professional (CBAP) or similar certification is preferred
Strong data analysis skills, including proficiency in programming exposure in SQL, Python for data manipulation and business analytics
Experience with data visualization tools such as Tableau, Power BI, or QlikView

Strategic thinking and ability to see the big picture in complex financial landscapes
Attention to detail and commitment to high-quality deliverables in investment analysis and reporting
Adaptability and resilience in a fast-paced, changing financial environment
Strong leadership and team collaboration skills, particularly in cross-functional projects
Proactive approach to problem-solving and continuous improvement in investment strategies
Client-focused mindset with a passion for delivering exceptional results and optimizing client portfolios
Data-driven decision-making skills, with the ability to derive meaningful insights from complex financial data sets

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates 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.