Collateral Management Associate

Nomura Holdings, Inc.; New York (NY); On-site; USD 78,000 - 130,000; Full time

Job summary

Nomura Holdings, Inc. in New York seeks a Collateral Management Associate to support margin calls, dispute resolution, and reconciliations for Derivatives, Repo, MBS, and PB.

You will partner with Global Markets, Middle Office, and Risk teams, manage daily reporting, and participate in regulatory projects. 3–5 years collateral experience and SIE/Series 99 are required; US work authorization is assumed.

Qualifications

• Minimum of 3-5 years of collateral management experience.
• Strong understanding of OTC Derivatives and Repo Markets.
• Working knowledge of Margin regulations.
• Knowledge of Exchange Traded Funds space within Equities is a plus.
• Understanding of the legal, credit and operational risks associated with Collateral.
• Risk & Control experience is also a plus.
• SIE & Series 99 is required.

Responsibilities

• 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

Skills

Collateral management

OTC derivatives

Repo markets

Margin regulations

Risk & control

SIE & Series 99

Job description

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Job Title: Collateral Management Associate

Job Code: 14474

Country: US

City: New York

Skill Category: Operations

Description:

Corporate Title: Associate

Department: Finance

Location: New York-midtown

The pay range for this position at commencement of employment is expected to be between $120K and $130K/year*

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 .

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 qualifications:

• Minimum of 3-5 years of collateral management experience
• Strong understanding of OTC Derivatives and Repo Markets
• Working knowledge of Margin regulations
• Knowledge of Exchange Traded Funds space within Equities is a plus
• Understanding of the legal, credit and operational risks associated with Collateral
• Risk & Control experience is also a plus
• SIE & Series 99 is required

Nomura Leadership Behaviors

• Explore Insights & Vision: Identifythe underlying causes of problems faced by you or your team and definea clear visionand 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 :Foster a culture ofinclusion andpsychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

*basepay 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.

If hiredin the U.S., 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”.

**US FINANCE ONLY** Applicants f or this position in the Finance Division of NHA must be currently
authorized to work f or any employer in the United States. The Finance Division is not sponsoring or taking
over sponsorship of employment visasfor this posit ionat this time

Nomura is an Equal Opportunity Employer