Job Title: Analyst, Operations Analyst (Singapore)
Job Description
Job Title: Operations Analyst
Corporate Title: Analyst
Division: Operations
Location: Singapore
Nomura Overview
Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking) and Merchant 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.
Department Overview
Nomura's Operations department supports the company's business activities through efficient operational processes. The team collaborates with senior leadership, business units, and stakeholders to develop effective operational strategies, providing guidance on process design, implementation, and management to align operations with business objectives. Nomura's Operations team specializes in trade processing, settlement, custody, and asset servicing, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Operations department is well-positioned to continue driving growth and success in the financial industry.
Function Overview
The Derivatives team in Singapore is involved in handling the OTC Derivatives and Structured Notes lifecycle events for wealth clients. This will also include Long-form confirmation drafting for structured OTC trades and the oversight of offshore activities that are performed by our vendors and offshore branches.
Role description
• Handle lifecycle activities and ensure day to day BAU process on OTC events for all markets are processed accurately and timely. (Equity Accumulators, Decumulators, Options, Structured Swaps and Notes).
• Ensure that the client Long-form confirmations are sent on a timely basis.
• Follow-up with counterparties on trade discrepancies &/or liaise with IWM Execution desk to resolve discrepancies.
• Handling all trade enquiries from both external and internal stakeholders.
• Perform ad hoc supports for the manager whenever applicable.
• Investigating and resolving all outstanding break items in Depot and Nostro as well as Internal accounts.
• Ensure daily day-end tasks and reports are completed with checklist signed off.
• MIS – contribute to weekly, monthly KRI/trade volume reporting.
• Review and streamline processes to improve efficiency and control.
• Participate in systems enhancements UAT and new products/initiative rollout.
Skills, experience, qualifications and knowledge required:
• 3-5 years in Wealth Management / Private Banking Operations for Analyst
• Experience in Structured products and OTC derivatives
• Understand the market rules and regulations for cross products.
• Versatile in excel
• Added advantage if candidate has Avaloq experience
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.