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:
Shared Services Group provides key services to support trading activities within GM, IBD and IWM businesses. Scope of services include clearing & settlement, new issuance, ISDA confirmations, corporate actions, asset servicing, listed derivatives, cash management and banking relationship (Netman) functions.
The business philosophy of our group is to be “Client Centric” and “Create Value” across all services provided. We aim to achieve this through our strategy of Digitization, Data Analytics and Providing Best Services at Best Cost, which aligns with the overall Operations and Firms objectives. The group has an excellent track record of operational efficiency through various inbuilt tools and data analytics and dashboarding
Business Overview:
The Securities Settlements group within Shared Services is a strategic function managing the settlement lifecycle of securities transactions across global markets. With daily settlement volumes exceeding several billion dollars, this critical operation ensures financial stability, regulatory compliance, and operational excellence.
Position Specifications:
Manager / Asst Vice President
Role & Responsibilities:
- The Securities Settlements group within Shared Services manages daily settlement operations and process improvements for securities transactions. This role oversees settlement teams, handles complex issues, and implements operational enhancements while ensuring regulatory compliance.
- The position focuses on executing automation initiatives, implementing new technologies, and managing daily settlement efficiency. Key responsibilities include optimizing settlement processes, reducing fails, and supporting AI/digital transformation projects. The role requires strong operational knowledge to identify and implement process improvements.
- Value creation comes through efficient team management, process streamlining, and reduction in settlement fails and operational costs. The role involves coordinating with key stakeholders including operations teams, technology partners, and external vendors.
Mind Set:
- Deep understanding of securities settlement processes and market infrastructure
- Knowledge of regulatory requirements and industry standards
- Risk management and control framework expertise
- Understanding of global markets and financial instruments
- Industry network and market relationships
- Knowledge of emerging technologies in settlements (DLT, Blockchain)
- Understanding of market structure evolution
- Experience with transformation projects
- Settlement systems and platforms expertise
- Understanding of STP (Straight Through Processing)
- Knowledge of major custodian and CSD platforms
- Experience with settlement automation tools
- AI/ML implementation experience
- Data analytics and visualization skills
- API and integration knowledge
- Programming/coding understanding
- Digital transformation expertise
Nomura Leadership Behaviours:
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
Elevating Organizational Capacity
Maximize organizational productivity through leadership development and
engagement
- Have an ownership in own development
- Support other‘s growth
- Encourage organizational growth
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.
