FX Middle Office VP

Nomura Holdings, Inc.; Singapore; On-site; SGD 200,000 - 320,000; Full time

Job summary

Nomura Holdings, Inc. is seeking a Vice President to lead the FX Middle Office in the Asia Ex-Japan region from Singapore. The role entails ensuring accurate trade capture, lifecycle management, governance, and control enhancements across front-to-back processes.

The successful candidate will drive automation, manage offshore teams, and collaborate with Sales, Structuring and Trading to mitigate risk and improve efficiency.

Qualifications

• Minimum 10 years of middle office experience in FX derivatives.
• Experience in FX structured products and precious metals; knowledge of other macro products is a plus.
• Strong understanding of front-to-back trade flows, risk and P&L.

Responsibilities

• Verify timely and accurate trade capture in front office systems.
• Oversee end-to-end lifecycle events and controls for accurate processing.
• Serve as main operational contact for Front Office and regional stakeholders.
• Handle escalations and resolve issues within agreed timelines.
• Provide governance of offshore teams and maintain strong controls.
• Ensure compliance with internal policies, regulatory requirements and audits.
• Lead root cause analyses and implement corrective actions.
• Present risk and control updates to senior management and manage risk indicators.

Skills

FX derivatives

FX structured products

Risk & P&L

Stakeholder communication

Attention to detail

Problem solving

Tools

Excel

Python

AI awareness

Job description

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

Job Title: FX Middle Office VP

Corporate Title: Vice President

Department: Operations

Licensed Role: No

Role Overview

This role sits within the Middle Office team, supporting FX trading across the Asia Ex-Japan region.

FX Middle Office works closely with Sales, Structuring, and Trading desks to ensure accurate trade capture and complete trade lifecycle management in the firm's books and records. The candidate will serve as the primary liaison between the Trading Desk and cross-functional stakeholders, proactively identify and remediate control risks, maintain robust governance frameworks, and drive strategic change initiatives to enhance operational efficiency and control effectiveness.

Responsibilities

• Verify timely and accurate trade capture in front office systems
• Oversee end-to-end life cycle events and controls to ensure trades are processed accurately and timely
• Main Operational contact for Front Office and regional stakeholders across functions
• Handle escalations, resolve issues within agreed timeline and ensure smooth coordination across functions to support the business
• Provide oversight and governance of offshore teams
• Maintain strong operational controls to ensure compliance with internal policies, regulatory requirements and audit standards
• Lead and perform root cause analysis and implement action plans to improve controls/ productivity
• Review and present risk and control updates to senior management. Ensure risks are captured with appropriate action plans to address and manage risks indicators within risk threshold
• Partner with Business Managers and corporate functions to support new initiatives with appropriate controls
• Drive automation and digitalization initiatives to improve productivity and enhance controls
• Implement best practices and utilize data to drive reviews and facilitate decision making

Skills, experience, qualifications and knowledge required

• Minimum 10 years of middle office experience in FX derivatives
• Experience in FX structured products & precious metals with general knowledge of other macro products
• Strong understanding of front to back trade flows as well as Risk and P&L
• The candidate will need to manage and develop the team to deliver multiple priorities and support the business
• Strong stakeholder communication with confidence to challenge and escalatte appropriately
• High attention to detail, with strong numerical skills and ability to manage operational risks
• Proven capability to manage complex transactions / resolve exceptions
• Ability to work under pressure and meet tight deadlines. Demonstrating a strong sense of ownership and commitment to delivery
• Strong written and verbal communication skills with the ability to communicate effectively with internal and external stakeholders
• Possesses strong analytical and problem-solving skills, and ability to adapt to dynamic situations
• Self-motivated person, not afraid to suggest changes and re-invest process
• Strong working knowledge of Excel required; Experience in Python, AI preferred
• 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.
• Making Strategic Decisions : Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People : Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability : Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion : Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

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.

DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.