Job Title:  Operational Due Diligence

The pay range for this position at commencement of employment is expected to be between $65K and $75K/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

Nomura Fiduciary Research & Consulting America, Inc. (“NFRCA”) is a Delaware corporation and has its principal place of business in New York, New York.  NFRCA is 100% owned by Nomura Fiduciary Research & Consulting Co., Ltd. (“NFRC”) which has its head office in Tokyo and a branch office in London (“NFRCL”).

NFRCA provides NFRC with administrative and fund analysis services on pooled investment vehicles. Additionally, NFRCA conducts investment and operational due diligence on investment advisers and/or managers designated by NFRC.

Role Description / Areas of responsibility include:

• Conduct initial, annual Operational Due Diligence of hedge fund managers. Evaluate and produce explicit qualitative ratings for individual funds by conducting qualitative analysis. Specific responsibilities include;
  • Request and review legal documents, financial statements, and policy and procedures of hedge fund managers.
  • Conduct regulatory and compliance verification checks.
  • Participate in on-site manager visits, manager meetings and conference calls, and write memos/minutes when required.
  • Drafting standardized structured reports for each manager, including reviews of key areas of the operations, trade process, risk management, compliance and business continuity planning.  
• Quarterly ongoing monitoring of the hedge fund managers in our clients’ portfolio.
• Assist private equity analysts on their initial due diligence from Operational Due Diligence perspectives.
• Evaluate and produce explicit qualitative rating for individual funds and/or managers’ ESG engagement funds by conducting qualitative analysis.
• Evaluate specified terms of limited partnership agreements as part of private assets due diligence.
• Keep track of the changes in regulatory environments, industry practices and other factors and evaluate their impact to the operational due diligence process.
• Prepare various presentation materials for clients and internal meetings.

Key contribution areas critical to success:

• Strong problem solving, analytical skills, with an ability to articulate concerns/issues effectively
• Ability to prioritize multiple responsibilities
• Understanding impact of processes/procedures carried out on daily basis and its relation to the business and risk
• Ability to communicate effectively verbally and in writing

Skills, experience, qualifications and knowledge required

• A bachelor's degree, preferably in accounting, finance, or related field.
• 1+ years hedge fund and/or private assets funds related work experience preferred (e.g. auditing, investment or operational analysis, accounting or back office operations)
• Must be fluent in Japanese and above business level in English.
• Ability to work both independently and in a team environment
• Interest in general financial markets
• Proficient in Excel and PowerPoint

*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