What are the responsibilities and job description for the Collateral Management Analyst position at Nomura?
Corporate Title: Analyst
Department: Operations
Location: New York (Hybrid) The pay range for this position at commencement of employment is expected to be between $75K and $80K/year* (see below footnote for additional compensation and benefits information).
Company Overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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 .
Aon’s Benefit Index ® , Nomura’s benefits rank #1 amongst our competitors
Department Overview
Collateral Management is a centralized support function whose primary role is to mitigate credit risk through the determination and calling of margin at a portfolio level. The team supports collateral arrangements for Derivatives, Repo, MBS, and PB. All aspects of collateral management are performed by the team. These functions include: data management, margin calling, dispute management, portfolio reconciliations, collateral asset management and reporting.
Role Description
Explore Insights & Vision
Nomura is an Equal Opportunity Employer
Department: Operations
Location: New York (Hybrid) The pay range for this position at commencement of employment is expected to be between $75K and $80K/year* (see below footnote for additional compensation and benefits information).
Company Overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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 .
Aon’s Benefit Index ® , Nomura’s benefits rank #1 amongst our competitors
Department Overview
Collateral Management is a centralized support function whose primary role is to mitigate credit risk through the determination and calling of margin at a portfolio level. The team supports collateral arrangements for Derivatives, Repo, MBS, and PB. All aspects of collateral management are performed by the team. These functions include: data management, margin calling, dispute management, portfolio reconciliations, collateral asset management and reporting.
Role Description
- Dispute resolution and reconciliations
- Partner with Global Markets, Middle Office, and Risk teams to address client queries
- Interface with various Front office and Counterparty/Market risk teams
- Work with various settlement groups to ensure proper cash and security movements
- Engage in various projects focusing on regulatory requirements and internal optimization
- Provide daily/weekly reporting on trade dispute metrics
- Participate in various projects related to the ongoing regulatory requirements facing the industry
- Interface and liaison with various Front/Middle teams and the Risk Group regarding Regulatory and House Margin requirements.
- Maintenance of Supervisory Procedures
- Minimum of 1 year of collateral management experience
- Bachelors degree in Finance, Economics or similar
- Strong understanding of OTC Derivatives and Repo Markets
- Working knowledge of Margin regulations
- Understanding of the legal, credit and operational risks associated with Collateral
Explore Insights & Vision
- Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
- Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
- Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
- Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
- Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
- base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
Nomura is an Equal Opportunity Employer
Salary : $75,000 - $80,000