Collateral Management Analyst

Nomura; New York (NY); Hybrid; USD 75,000 - 80,000; Full time

Benefits offered by this job

Medical benefits

401(k) eligibility

Paid time off

Job summary

Nomura is seeking an Analyst in Operations based in New York with a hybrid work model. The role involves managing disputes and collaborating with various teams on regulatory project requirements.

The ideal candidate will have at least 1 year of collateral management experience and a Bachelor's degree in Finance or Economics. The position offers a competitive salary between $75K to $80K per year along with various benefits.

Qualifications

• Minimum of 1 year of collateral management experience.
• Bachelor's 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.

Responsibilities

• Dispute resolution and reconciliations.
• Partner with Global Markets and Risk teams to address client queries.
• Interface with Front office and Risk teams.
• Work with settlement groups for cash and security movements.
• Provide reporting on trade dispute metrics.

Skills

Collateral management experience

Understanding of OTC Derivatives

Working knowledge of Margin regulations

Understanding of legal and operational risks

Education

Bachelor's degree in Finance or Economics

Job description

Corporate Title: Analyst, Department: Operations, Location: New York (Hybrid)

Pay range: $75K - $80K/year (see below footnote for additional compensation and benefits).

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.

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: 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 Front/Middle teams and the Risk Group regarding Regulatory and House Margin requirements
• Maintenance of Supervisory Procedures

Minimum Qualifications

• Minimum of 1 year of collateral management experience
• Bachelor's 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

Nomura Leadership Behaviors

• 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).

Compensation & Benefits

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 may also include a sign-on bonus, restricted stock units, and discretionary awards in addition to medical, financial, and other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time, and parental leave). Details of participation in these benefit plans will be provided if an employee receives an offer to employment.

If hired, employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

Nomura is an Equal Opportunity Employer.