Description:
Nomura Overview:
Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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 across four international regions.
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.
Division Overview:
Nomura International Wealth Management have more than 50 years of experience delivering value to our high net worth clients in Asia. Our commitment to deliver bespoke solutions is paired with judicious planning, coupled with Asia insight to meet clients’ wealth planning and investment goal objectives.
Nomura IWM have access to both global and regional investment opportunities across multiple asset classes - fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. IWM will take advantage of Nomura’s research-based advice, strong execution capabilities and bespoke solutions that leverage our global expertise in Global Markets, Investment Banking, Asset Management and other affiliates.
IWM rolls up to Nomura’s Wholesale division along with Global Markets (GM) and Investment Banking (IBD).
Business Unit Overview:
We are seeking an experienced and dynamic Senior Business Analyst/Product Owner to join our Wealth Management Business Transformation team. In this pivotal role, you will be at the forefront of driving change and innovation within our wealth management division, working on high-impact projects that shape the future of our business. You will specialize in areas such as Managed Investments Solutions, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management, leveraging data-driven insights to inform decision-making processes. This role focuses on delivering multi-asset investment platform solutions that bridge product strategy and sales engagement, while ensuring robust compliance and operational excellence.
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:
B.E/B. Tech, MBA (Finance) or CA
Role & Responsibilities:
Investment Solutions & Advisory Platform Transformation
- Lead investment solutions and advisory platform implementation and enhancement initiatives spanning Capital Markets products and Managed Investment Solutions.
- Drive platform capabilities for investment advisory, portfolio construction, order management, execution, and trade lifecycle processes.
- Bridge the gap between product strategy teams and sales/advisory engagement by translating product initiatives into actionable platform requirements.
- Support onboarding of new investment products and solutions across asset classes onto the platform.
- Manage investment platform integrations for listed securities, OTC derivatives, structured products, and managed portfolio solutions.
Compliance Guardrails & Suitability Framework
- Build and enhance compliance guardrails for investment disposition and suitability checks across all investment products.
- Define requirements for automated pre-trade suitability assessments, risk profiling, and investment mandate compliance.
- Work with Compliance and Legal teams to translate regulatory requirements into platform controls.
- Ensure platform enforces proper disclosure requirements and best execution principles.
Business Analysis & Requirements Management
- Gather, analyze, and document business requirements from Product Strategy, Sales/Advisory teams, Investment Specialists, and Wealth Planning.
- Translate complex investment product requirements and sales engagement needs into functional specifications and user stories.
- Perform gap analysis and impact assessments for order management, trade capture, position management, and reporting enhancements
- Document investment workflows, product lifecycles, and control frameworks.
- Facilitate workshops with advisors, product managers, operations, compliance, and technology stakeholders to ensure alignment.
Product Lifecycle Expertise
- Leverage Avaloq core banking system for order and trade capture, position mirroring, and portfolio management workflows
- Define requirements for investment products setup, pricing, corporate actions, and lifecycle events in Avaloq
- Work with Avaloq functional teams on trade booking, settlement, and accounting processes
- Support advisory workstation enhancements and client reporting capabilities
- Ensure seamless integration between Avaloq and upstream/downstream investment systems.
Product Ownership & Backlog Management
- Define and prioritize product backlog for investment platform initiatives based on business value, product strategy priorities, and sales needs
- Create detailed user stories with acceptance criteria for investment advisory, product onboarding, and compliance functionality
- Work with development teams in Agile/Scrum environment to deliver incremental value
- Manage stakeholder expectations across Product Strategy, Sales, Operations, and Technology
User Acceptance Testing Leadership
- Lead UAT for investment platform releases, defining scope, test scenarios, and success criteria across investment products
- Coordinate testing with investment advisors, product specialists, operations, and compliance teams.
- Manage defect resolution, track progress, and provide UAT sign-off upon meeting quality and regulatory standards.
Stakeholder Management & Process Optimization
- Support project planning, tracking, and reporting across investment solutions and advisory platform initiatives
- Maintain comprehensive project documentation including requirements traceability and business process maps
Act as liaison between product strategy teams and sales/advisory community to ensure platform meets business needs
Mind Set:
- 5+ years of experience in Business analysis or Product Owner roles, with at least 3+ years with specialization in the wealth management financial services sector.
- Strong understanding of wealth management products, services, and regulatory environment, particularly in Managed Investments, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management.
- Minimum 3 years hands-on experience with Avaloq or similar core banking system, specifically in order and trade capture, position management, and portfolio workflows
- Proven track record of successfully delivering large-scale transformation projects in the wealth management domain engaging cross-functional divisions.
- Excellent analytical and problem-solving skills, with the ability to translate complex financial concepts into actionable insights
- Advanced proficiency in Microsoft Office suite, particularly Excel and PowerPoint
- Experience with business process modelling tools (e.g., Visio, BPMN) and financial modelling techniques
- Familiarity with Agile methodologies and project management tools (e.g., JIRA, Confluence)
- Outstanding communication and interpersonal skills, with the ability to influence and negotiate at all levels of the organization
- Certified Business Analysis Professional (CBAP) or similar certification is preferred
- Strong data analysis skills, including proficiency in programming exposure in SQL, Python for data manipulation and business analytics
- Experience with data visualization tools such as Tableau, Power BI, or QlikView.
- Strategic thinking and ability to see the big picture in complex financial landscapes
- Attention to detail and commitment to high-quality deliverables in investment analysis and reporting
- Adaptability and resilience in a fast-paced, changing financial environment
- Strong leadership and team collaboration skills, particularly in cross-functional projects
- Proactive approach to problem-solving and continuous improvement in investment strategies
- Client-focused mindset with a passion for delivering exceptional results and optimizing client portfolios
- Data-driven decision-making skills, with the ability to derive meaningful insights from complex financial data sets
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.
