Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership.
The Middle Office team is one of the teams under WMD Operations who will support the trade validation process, trade reconciliation, Business inquiry, regulatory reporting, support the clients' request for asset transfer. This team consists of 7 people to run the BAU functions as part of AEJ Operation team.
Trade processing and validation for securities, structured products, derivatives and mutual funds. Acts as both maker and checker roles.
Ensure timely release of trade confirmations to clients, monitor and manage failed confirmation status
Trailer Fees processing, monthly and quarterly income/expense processing
Performs signature verification and callbacks to support WMD clients on assets transfer (inward and outward remittance)
Single point of contact for RM/CSOs on instruction queries
Liaise with CSO/RM on booking instructions for clients that requires special handling.
Follow-up with counterparties on trade discrepancies &/or liaise with WMD Execution desk to resolve discrepancies.
Ensure daily day-end tasks and reports are completed
MIS – contribute to weekly, monthly KRI/trade volume reporting.
Review and streamline processes to improve efficiency and control
Participate in systems enhancements and new products/initiative rollout.
Processing the order for Mutual Fund products and hedge funds.
Handling the regulatory report - MAS and Transaction Reporting.
Key Experience & Skills
2-5 years in Wealth Management / Private Banking Operations for Analyst
Experience in Treasury products (eg, FX, SWAPs, DCI, FX Options), Structured products (eg, ELN, DCN) and OTC derivatives (such as accumulators, decumulators, equities Options, CDS, IRS, CFC)
Understand the market rules and regulations for cross products.
Versatile in excel and powerpoint
Added advantage if candidate has Avaloq experience
Regional Disclaimers / Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.