Description:
Nomura Overview:
Nomura Services, India is a core center of excellence powering 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 shaping, strengthening, and accelerating Nomura'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 2021.
The Corporate finance team performs global and seamless Finance operations including Treasury and Capital Management, Trading and Product control, Financial reporting and disclosure, Management information and reporting for decision support, planning and development of financial strategy including, tax planning and reporting, investor relations management, and much more.
Treasury is responsible for funding the Firm and ensuring that adequate liquidity is maintained in all market conditions. It provides funding solutions to the businesses while managing attendant financial risks and minimizing interest and operational costs. There are 3 separate teams, each under the remit of a manager who reports into the Head of Treasury, Mumbai. These groups are:
- Funding Support
- Liquidity Management
- Regulatory reporting
- FLM (Liquidity Stress Modelling, Liquidity Management/Analytics, FTP, IRBB)
Funding & Liquidity Management (FLM):
The FLM team in India collaborates closely with EMEA, Tokyo, and US Liquidity Management teams. Recently established, the India team specializes in advanced analytics and modeling of liquidity through initiatives designed to enhance transparency around liquidity drivers, sources, and usage while optimizing Nomura's liquidity reserves. The team applies analytical and quantitative techniques across multiple workstreams, including:
- Liquidity Stress Modelling – development and maintenance predictive models for internally-built liquidity stress scenarios. Continuous model performance monitoring, ad-hoc analysis, liquidity reserve optimisation by fine-tuning models by reducing/replacing over-conservative liquidity reserves/buffers with accurate risk driven reserves.
- Liquidity Forecasting & Analytics - leveraging data-driven models for forward-looking liquidity projections, understanding liquidity drivers, what-if analysis and supporting liquidity analytics and controls
- Fund Transfer Pricing Analytics & Modeling – Establishing internal Treasury pricing mechanisms by developing methodology/models for different product/segments in phased manner
- IRRBB Analysis & Reporting – Analysis and reporting of interest rate risk in the banking book, Economic view of interest rate risk by covering banking and trading books
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:
MBA from reputed institute or Charted Accountants (CAs)
CFA/FRM/Treasury domain certifications (preferred)
Role & Responsibilities:
The candidate will be part of FLM- Liquidity Forecasting & Analytics team and will take responsibility for various BAU review and analysis and also look into ad-hoc projects and analytics processes which underpin the internal or regulatory requirements for the consolidated group. The role will involve working closely with Treasury colleagues across Tokyo, New York, Mumbai and London and will involve:
- Daily management of liquidity positions across both regulatory and internal liquidity metrics, covering analytical assessment of DoD moves, trend analysis, forecasting etc.
- Ensure ongoing compliance of a wide array of liquidity limit frameworks and support review/recalibration of these frameworks
- Ad-hoc and proactive analytics of liquidity metrics and scenario analysis
- Assisting with Treasury management and business queries
- Development of MI and improvements in existing processes
- Frequent dialogue with regional Treasury counterparts and Wholesale business
- Assisting with business mitigation strategies
- Influence and collaboration across established Finance and IT teams
- Drive Change agenda for wider Treasury Initiatives
- Ability to re-prioritise and modify approach when needed
- On-going business education on the Treasury liquidity risk policy and framework
Key Skills:
Knowledge of Treasury Function
knowledge of Basel Liquidity rules
Liquidity management experience
Good understanding of banking products, balance sheet items and their contribution to liquidity
In depth understanding of IB products and major flow business
Focus on derivatives products
Project Management skills
Liquidity risk scenarios, regulatory metrices
Basic understanding of stress testing framework
Basic understanding of any 1 or 2 businesses
Experience of some deep-dive analytical projects
Strong analytical skills to drive information from the raw data and drawing conclusions
Tableau for analysis (preferred)
Extremely suave with Excel, its tools and functions
Power BI (highly preferred)
Strong quantitative/numerical skills
Creating technical presentations to be presented to senior management
Statistical skills using Time-series analysis/ regressions etc.
Python Programming for analytical purpose
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.
- The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).
