Job Title:  Collateral Management Associate

Job Code:  7783
Country:  US
City:  New York
Skill Category:  Finance Middle Office
Description: 

Corporate Title: Associate

Department: Finance

Location: New York

 

The pay range for tposition at commencehis ment of employment is expected to be between $95K and $110K/year*

            

Company Overview

 

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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.

 

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

 

Department Overview

 

Collateral Management is a centralized support function whose primary role is to mitigate credit risk through the determination and calling of margin at a portfolio level. The team supports collateral arrangements for Derivatives, Repo, MBS, and PB. All aspects of collateral management are performed by the team. These functions include: data management, margin calling, dispute management, portfolio reconciliations, collateral asset management and reporting.

 

 

Role Description

 

  • Dispute resolution and reconciliations

  • Partner with Global Markets, Middle Office, and Risk teams to address client queries

  • Interface with various Front office and Counterparty/Market risk teams

  • Work with various settlement groups to ensure proper cash and security movements

  • Engage in various projects focusing on regulatory requirements and internal optimization

  • Provide daily/weekly reporting on trade dispute metrics

  • Participate in various projects related to the ongoing regulatory requirements facing the industry

  • Interface and liaison with various Front/Middle teams and the Risk Group regarding Regulatory and House Margin requirements.

  • Maintenance of Supervisory Procedures

 

 

Minimum Qualifications

 

  • Minimum of 3 years of collateral management experience

  • Strong understanding of OTC Derivatives and Repo Markets

  • Working knowledge of Margin regulations

  • Understanding of the legal, credit and operational risks associated with Collateral

 

 

Applicants for this position in the Finance Division of NHA must be currently authorized to work for any employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.

 

 

 

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

 

 

 

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

 

 

 

Nomura is an Equal Opportunity Employer

 


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City