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Job Title:  OPS-SS / Settlements

Job Code:  12869

Country:  IN

City:  Mumbai

Skill Category:  Operations

Description: 

Nomura Overview:

 

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment 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.

  

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.

 

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

 

The Operations division provides the support and control infrastructure that enables the Firm to develop and deliver financial products throughout the world. Working with the Sales, Trading and Information Technology Divisions, Operations professionals are responsible for the management and execution of transactions to maximize profitability and minimize risk. Our division is responsible for the management and execution of millions of securities transactions on a daily basis. Our responsibilities include trade processing, confirmation, settlement, fails management, margin, asset servicing, risk management, reference data management and various other client services. In partnership with sales, trading, prime services, information technology and other teams from across the bank, we apply a continual focus on improving productivity and efficiency, while seeking new and innovative ways to support our clients' changing needs

 

Business Overview:

 

The role of Shared Services is to support the activities of the Global Markets and IBD businesses. The division operates across many global legal entities in order to perform a diverse range of client servicing, risk management and regulatory functions, as well as the more traditional clearing and settlement responsibilities. Specifically, India Shared Services provides a level of support for all the regions and entities that the above services are provided in locally. It is further subdivided into the following highly specialized teams.

 

 

What We Offer:

 

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

 

 

 

Position Specifications:

 

Corporate Title

Associate

Functional Title

Manager

Experience

6 - 10 years

Qualification

Graduate / MBA

Requisition No.

 

 

Role & Responsibilities:

 

   

• High level activities performed:
• •Pre-Matching
• •Affirming cash-flow economic details with counterparties
• •Discrepancy Resolution:
• •Closely liaising with counterparties & MO’s to identify & resolve discrepancies
• •Funding projections
• •Effective coordination with Cash Management for correct funding projections
• •Agent Queries:
• •Working efficiently with nostro agent banks for critical payments & receipts
• •Fails Management
• •RCA & resolution of failed settlements in Gloss Cash
• •Nostro Reconciliation
• •Resolving assigned nostro breaks
• •DCC Reconciliation
• •Expected (FOS Systems) v/s Actual (BO Systems)
• •MIS Reporting
• •Daily & Weekly MIS to ensure client focus & to mitigate associated risks.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

• Mind Set:

 

 

Mandatory

Desired

Domain

 

• Eagerness to learn and take initiative in understanding the process conceptually
• Time management and prioritisation skills

 

Ability to handle pressure, high volume and risk. Understanding of the Trade life cycle.

Technical

• Excellent written and verbal communication skills
• Interpersonal, influencing & stakeholder management skills
• Strong MS Office (Word / Excel / Powerpoint) skills

 

Exceptional attention to detail.

Ability to multi-task and work to tight deadlines.

 

 

 

 

 

 

 

Nomura Leadership Behaviours:

 

Leadership
Behaviours

Description

Element

Exploring Insights & Vision

Comprehensively analyse the nature
of the problems we face and set our
focus toward the future vision

• Gather Intelligence
• Create a vision
• Identify an issue

Making Strategic Decisions

Analyse options and feasibility to resolve issues, in making
judgments and recommendations

• Identify countermeasures
• Assess feasibility
• Make a judgment

Inspiring Entrepreneurship in People

Promotes the vision and goals to others in such a way that inspires commitment and independent contributions

• Influence
• Inspire
• Commit

Elevating Organizational Capacity

Maximize organizational productivity through leadership development and
engagement

• Have an ownership in own development
• Support other‘s growth
• Encourage organizational growth

Inclusion

Respect diverse perspectives and
promote psychological safety
and the creation of a risk culture

• Foster psychological
  safety
• Encourage the active
  participation of all talent
• Foster a risk culture

 

 

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

 

 

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

 

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).