Job Title:  Domestic Stock Loan

Corporate Title: Associate

Department: Finance

Location: New York

The pay range for this position at commencement 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 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.

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

Department Overview:

The Equity Finance Middle Office plays a crucial support role within Nomura, bridging the gap between the Front Office and the Back Office. This team's primary responsibility is to ensure the smooth and compliant processing of trades, thereby mitigating risk and facilitating efficient operations for clients and the firm. 

Role description:  

• Domestic Stock Loan Middle Office function, with a focus on Recall management, Buy-in’s, contract compare, excess management, Reg-Sho 204, exception management, and operational risk associated with the business.
• Ensure all firm deficits and CNS fails are proactively communicated to the desk for coverage
• Ability to work as a proactive member of a fully established Equity Finance team.
• Must have a fundamental system knowledge of Loanet and DTC.  Equilend and BPS is a plus.

Key objectives critical to success:

The ideal candidate is motivated, an organized problem solver, who is able to work in a fast-paced role and multi-task in a team environment.

Skills, experience, qualifications and knowledge required:

• Minimum of 2 years Stock Loan Trade Support experience
• Knowledge of marked-to-markets, billing, contract compare, and security static
• Knowledge of prime-broker, short coverage, excess management, settlements and the lifecycle of a trade are a plus.
• Networking and strong relationship building are paramount. 
• Knowledge of DTC, and Loanet are necessary.  BPS, Gloss, Equilend, and Pirum would be beneficial
• Potential associate should have, or be willing to obtain a series 99 or 7 license

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