Analyst, Flow Rates Bonds Middle Office

Company/ Firm Name

Nomura

Location

London, UK

Published Date

7 April 2022

About the job:

Company overview



Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs over 27,000 staff worldwide. Nomura’s unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, asset management, and wholesale (global markets and investment banking).




Department overview:



The Rates Bonds Middle Office team sits within the EMEA Middle Office team and is part of the Finance corporate division. The team is responsible for managing front to back operational risk and control and is set up to offer a trading support function and therefore interacts regularly with a wide network of internal departments including trading, sales, operations and other finance teams both onshore and offshore. Daily tasks include lifecycle management, query resolution, reconciliations and the production of the T+0 Flash P&L. Additional responsibilities include industry/regulatory change, infrastructure migration and integration and project management/delivery.




Role description:



This role is suitable for an analyst. An ideal candidate should have a basic understanding of bonds. We are looking for a motivated and ambitious individual with a good understanding of operational 

risk.


The successful candidate will need to be able to work both within a team and independently in a high volume environment, understanding when to escalate. The candidate will have the opportunity to drive change and contribute to global projects from legal entity restructures to regulatory change.




Team Duties include:



  • Confirming the accuracy of trade bookings

  • Central role in managing the front to back trade flow

  • Managing the full lifecycle of trades

  • Daily flash P&L reporting and P&L attribution

  • Resolving booking issues and cash breaks

  • Monitoring and resolution of internal trade and intersystem reconciliation breaks

  • Involvement in producing all relevant reports, business controls and associated commentary

  • KRI monitoring and analysis

  • Responsible to the desk for all aspects of operations (both on and off shore)

  • Working with management to maintain and develop a range of relationships across relevant trading businesses and corporate functions

  • Working closely with all the support functions (settlements, valuations, collateral management, etc.) to provide full operational support to the Front Office

  • Working across departments and regions to co-ordinate and deliver process and system enhancements

  • Active participation in the Front Office Supervisory framework

  • Providing effective challenge to the business



Skills, experience, qualifications and knowledge required



  • Basic knowledge of bonds

  • Strong interpersonal skills, the role will require daily interaction with senior Front Office stakeholders globally

  • Must be a team player

  • Organised, with a strong ability to prioritise multiple deadlines

  • Attention to detail and a proven high level of accuracy

  • Ability to work in a high pressure environment

  • Keen eye for detail




Desirable:



  • Advanced level Microsoft Excel skills




Right to Work



The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.



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