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
GMO is a key function within the Finance department, interacting with virtually every part of the firms businesses, products and technology systems. GMO is a global function with staff located in London, New York, India and across the Asia Pacific region focused on the integrity of transactional, risk and financial data.
GMO is amalgamation of both the Product Control and Operations functions, both of which work very closely with the trading desk and numerous other stakeholders.
The candidate will be a key member of the BRM GMO team responsible for all aspects of control and liaison with the Front Office, IT, Risk and other finance areas with respect to the BRM business which manage both CVA and FVA portfolios.
The candidate will have to liaise with the Traders to reconcile any differences or discrepancies and also be confident in dealing with Risk Management, Operations and Legal departments to resolve issues. They will need to manage multiple deadlines on a daily basis, and be able to react to the BRM desk's changing strategy and priorities intra-week in a controlled manner. They will be required to provide daily support for the BRM desk consisting of 10 traders. Responsibilities include trade verification, daily PL, adhoc query resolution, KRI reporting, managing lifecycle events and daily flash. They must understand, maintain and enhance processes utilising knowledge of XVA and controls. Partner with Front Office and other control functions to build and develop control and governance frameworks for bespoke and developing business lines.
This role will provide a great deal of exposure to senior members of the company and will require excellent communication and presentation skills.
Key objectives critical to success
* Manage relationships with senior traders and other stakeholders such as the offshore teams, business managers, regulatory reporting, risk management etc.
* Strong numerical and communication skills, demonstrate control mind-set and take initiative to identify and solve problems.
* Need to demonstrate confidence in discussing complex issues with senior individuals.
* Need to demonstrate pro-actively using initiative to improve processes and systems
Skills, experience, qualifications and knowledge required
* Detailed understanding of the impact a CSA has on derivative valuation including CVA & FVA.
* Familiarity with credit, rate and FX derivatives.
* Strong interest in Financial Markets and Banking.
* Ability to face off with key business stakeholders.
* Aware of core control concepts and how they apply to GMO on a daily basis
* Proven experience in pro-actively using initiative to improve processes and systems
Understand clients' needs and issues, and respond with high-quality proposals
Acquire capabilities to perform one's responsibilities and contribute to being a Trusted Partner
Produce new ideas that might challenge the status-quo or oneself
Seek advice from senior colleagues and utilize it for improved results
Collaborate with members from relevant departments
Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
Serve as role model and provide guidance to junior employees
Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly
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.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.