Portfolio Optimisation Middle Office Analyst

  • Negotiable
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Nomura
  • 24 Jun 18 2018-06-24

Department overview: The EMEA Business Resource Optimisation team works closely alongside the Business Resource Management (BRM) trading desk in reducing Nomura's various balance sheet resources, risk exposures & capital requirements. The EMEA Business Resource Optimisation team provide the BRM desk with an operational processing and control service, performing numerous risk reducing exercises such as CCP backloading, novations and compression.

The successful candidate will work within a dynamic, fast paced team working with multiple senior Front Office stakeholders globally on a daily basis in order to meet the Business' demanding objectives.

Role description:

  • EMEA Business Resource Optimisation Analyst
  • Work closely with the Business Resource Management (CVA & FVA) to process Portfolio Optimisation exercises across Credit and Rates on an ad-hoc basis including:
    • CCP Coupon Blending
    • CCP Portfolio Transfers
    • CCP backloading
    • TriOptima / Quantile / CapitaLab vendor led compressions
    • Bilateral/Internal compressions
    • ICE Clear Europe compression cycle
    • Internal novations
    • Book Optimisation
  • 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
  • Lead across teams with Internal stakeholders to implement new types of Portfolio Optimisation, and continuously build out additional controls and efficiency changes
  • Co-ordinate Portfolio Optimisation processes across multiple trading desks across the globe
  • Ensure Nomura are globally compliant with EMIR, Dodd-Frank & JSCC regulation for trades impacted by Portfolio Optimisation processes
  • Self-identify Operational Risk and ensure these are escalated and documented internally, tracking any mitigating actions through the internal frameworks to closure
  • Provide daily support for the BRM desk consisting of 14 traders, including trade verification, daily PnL, adhoc query resolution

Skills, experience, qualifications and knowledge required

  • 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
  • Aware of core control concepts and how they apply to Operations on a daily basis
  • Attention to detail and a proven high level of accuracy
  • Experience in working with Rates derivatives, Credit preferable
  • Proven experience in pro-actively using initiative to improve processes and systems
  • Informal leadership skills including delegation


  • Advanced Microsoft Excel skills
  • Experience in performing Portfolio Optimisation processes
  • Experience in performing compression cycles
  • Experience in Risk & control management/oversight
  • Understanding of Basel III leverage ratio and Balance sheet risk measures