Associate, Secured Financing and Triparty

Company/ Firm Name

Nomura

Location

London, UK

Published Date

9 June 2022

About the job:

Department: Collateral and Inventory Management

Location: One Angel Lane - London




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 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs approx. 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: Retail, Global Markets, Investment Banking, Merchant Banking, and Asset Management.




Department overview:



The Collateral and Inventory Management group is responsible for providing support to the business around collateral management and secured financing. This encompasses regulatory and industry change, collateral efficiency and concentration, liquidity management and funding, and equity and fixed income financing, all with an aim to provide a best in class client service.




Role description:



Secured Financing and Triparty is part of the Collateral and Inventory Management group. The team is responsible for providing support to multiple desks across equity and fixed income products, providing a high level of service to our internal and external stakeholders.



The group is responsible for the following functions:



  • Day to day running of triparty agents including BONY/ JP Morgan/ Euroclear

  • Optimisation of collateral across multiple regions, vendors and business lines

  • Vendor relationship management including new product offerings, industry forum participation and client service reviews

  • Providing support to the Equity Stock Loan desks as well as the Repo Rates/ Credit desks

  • Responsible for delivery and receiving of all Initial Margin collateral under the Un-Cleared Margin Regulation

  • High level of client service around incoming query management

  • Regulatory and control items




Key objectives critical to success:



  • Proactive with a control and risk mitigation mind-set

  • Strong communication and escalation skills, with the ability to explain issues to all levels including senior management, risk and the business

  • Client-centric and stakeholder focus

  • Strong time management and ability to work under pressure

  • Accountability around both control and break ownership / resolution across functions

  • Ability to work with onshore and offshore teams

  • An understanding of Nomura’s culture and footprint




Skills, experience, qualifications and knowledge required:


  • Knowledge of Stock Loan and Repo trade lifecycle

  • Previous triparty experience and knowledge

  • Understanding of Finance Operations across secured financing asset classes

  • Understanding of current regulatory framework

  • Strong communication skills and ability to communicate at various levels within an organisation

  • Strong Excel Knowledge



Nomura competencies:

  • Trusted Partner

  • Acquire professional behaviours and foundational skills

  • Communicate to others with respect

  • Acquire basic knowledge and skills necessary for the role

  • Continue to engage in self-improvement activities as a financial service professional

  • Entrepreneurial leadership

  • Perform all tasks proactively with a sense of ownership

  • Teamwork and collaboration

  • Acquire professional behaviours and communication skills

  • Seek advice from senior colleagues and act accordingly

  • Influence

  • Understand the role, responsibilities and business strategy and act accordingly

  • Integrity

  • Understand the significance and importance of corporate philosophy, professional ethics, compliance risk management and code of conduct




Right to Work:



The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role




Diversity & Inclusion:



Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees.
We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.


If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.



Only successful candidates will be contacted