Job Title:  Collateral Management Consultant

Job title: Collateral Management Consultant

Department: Global Middle Office

Location: New York-midtown

The hourly rate is expected to be $85-$90/hr

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: 

• Partner with Global Markets, Middle Office, and Risk teams to address client queries from a supervisory aspect
• Act as supervisory expert for collateral team totalling 8 individuals
• Interface with various Front office and Counterparty/Market risk teams as a supervisory expert
• Oversee exchange related margin activity with such exchanges as CME/LCH/OCC/DTCC
• Engage in various projects focusing on regulatory requirements and internal optimization
• Oversee daily/weekly reporting on trade dispute metrics
• Maintenance of Supervisory Procedures

Minimum qualifications:

• Minimum of 5-7 years of collateral management experience, specifically from a managerial position
• Strong understanding of OTC Derivatives and Repo Markets
• Strong working knowledge of Margin regulations such as 4210 and Uncleared margin for Derivatives
• Understanding of the legal, credit and operational risks associated with Collateral

Successful candidates will be engaged under a contract for services with a third party.

Successful Candidates will not be employed by nor have any employment relationship with Nomura.