Company overview Nomura is an Asia-based 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 three business divisions: Retail, Asset 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 Job title: Credit Middle Office Associate Corporate Title: Associate Division: Finance Department: Global Middle Office Location: Hong Kong / Singapore
Department Overview: Global Middle Office (GMO) works closely with the Wholesale division supporting the business and their trading activities. They also work closely with Risk, Operations, IT, Legal and Compliance as well as other functions within the Finance division. The Credit business coverage includes Primary Syndication, Flow Trading, Repo Trading and Structured Credit business. The Credit GMO works closely with the Trading desk to provide support through pre and post trade execution and product life cycle to ensure accurate risk capture in the firm's books and records. Additionally, the team is an integral control function and is responsible to ensure compliance with bookings rules and regulations.
Role: We are looking for an enthusiastic self-driven candidate to join the Credit MO team supporting the Credit business within AEJ Global Markets division. The candidate is responsible to act as the face-off between the Trading desk and other departments. The role's core requirement is to support the day to day as well as drive strategic change, identify and remediate control risks, and ensure compliance with audit and regulatory standards. The candidate should have a sound knowledge of credit products (notably Bonds and CDS) and financing instruments such as Repos. Candidate should be well versed with Credit lifecycle and regulations such as mandatory clearing, MIFID etc. The candidate needs to be a confident in Communication and have a strong control mind-set to succeed in this role.
The candidate will provide oversight on offshore team and will also be responsible to participate in strategic initiatives.
Responsibilities: • Candidate must be willing to partner with trading desks on operational and settlement related matters while maintaining the second line of defense as a core control function. • Demonstrate an understanding of front to back trade flows as well as Risk and P&L. • Production of daily end-of-day flash P&L and associated market data integrity verification. • Investigation and resolution of position and trade exceptions through daily reconciliations. • Execution and management of lifecycle events for credit products. • Working closely with IT to implement middle office initiatives and system roll-outs. This includes assisting management with requirement gathering, analysis and user acceptance testing. • Build a strong network across multiple departments within the firm such as Trading, Risk, Technology and other areas of Operations with the goal to help streamline front to back processes. • Actively contribute in new business or process change initiatives through collaboration with other departments. • Ensuring best practices are followed while mitigating operational, reputational and f inancial risk to the firm. • Drive automation and digitalization initiatives to improve productivity and enhance controls
Requirements: • 5+ years of trade support experience and knowledge of Bonds, Structured Products and/or CDS • A self-motivated person with a strong attention to detail and Control mind-set. • Ability to multi-task and prioritize workload. • Ability to work under pressure and meet tight deadlines while demonstrating a strong sense of ownership and commitment to delivery • Excellent oral and written communication skills in English • Possesses strong analytical and problem solving skills, and ability to adapt to dynamic situations • General knowledge of other Global Market products • Understanding/Hands on knowledge of Digital tools such as Alteryx, Power BI, VBA etc is added advantage.
Regional Disclaimers / 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.