Tri-Party Operations Vice President

Nomura; New York (NY); On-site; USD 160,000 - 180,000; Full time

Job summary

Nomura is seeking an experienced liquidity operations professional to join its tri-party team in New York. You will support the Rates/Repo desks and collaborate with Treasury and Settlement teams to optimize daily liquidity through collateral allocation and funding strategies.

The role requires 6+ years in tri-party or liquidity operations at a broker-dealer, with 3+ years of leadership experience, a Bachelor’s degree, and strong Excel/ analytical skills. Excellent communication is essential.

Qualifications

• 6+ years of experience in Tri-party or Liquidity Operations role at a broker-dealer.
• 3+ years managing a team within Operations or Middle Office.
• Bachelor’s degree required.
• Excellent written and verbal communication skills, ability to multi-task, and work towards tight deadlines.
• Proactive and detail oriented.
• Strong technical and analytical skills with proficiency in MS Office particularly Excel.
• Series 99 or willingness to sit for required exam.

Responsibilities

• Allocation of collateral and maintenance of Tri-Party Repos which reach upwards of $100B/day notional.
• Manage firm liquidity and funding by maximizing collateral allocations to ensure there are minimal unfinanced collateral costs.
• Strong support for trading and sales desks, allowing the implementation of complex collateral allocations and new client business.
• Work with settlements to ensure deliveries are made on a timely manner and do not hinder firm liquidity.
• Manage relationships with clients and other stakeholders on a daily basis and assist in any setbacks with trade discrepancies.

Skills

Communication skills

Analytical skills

Team leadership

Detail oriented

Education

Bachelor's degree

Tools

MS Office / Excel

Series 99

Job description

The pay range for this position at commencement of employment is expected to be between $160K and $180K/year * (see below footnote for additional compensation and benefits information).

Company overview

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com

Department Overview:

Nomura's Operations department supports the company's business activities through efficient operational processes. The team collaborates with senior leadership, business units, and stakeholders to develop effective operational strategies, providing guidance on process design, implementation, and management to align operations with business objectives. Nomura's Operations team specializes in trade processing, settlement, custody, and asset servicing, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Operations department is well-positioned to continue driving growth and success in the financial industry.

Role Description:

A triparty transaction is a repo or funding transaction with a third party or clearing bank (BONY in our case) in the middle of the transaction. The triparty team supports the Rates/Repo Front Office and participate in the due diligence and execution of available BNY offerings aimed at enhancing the firm’s ability to manage liquidity on a daily basis. Candidate would be exposed to the inner workings of floor funding mechanisms, day-to-day operations in the FED space, and be provided with exposure to the Trading desk and Treasury teams we support.

Responsibilities:

• Allocation of collateral and maintenance of Tri-Party Repos which reach upwards of $100B/day notional.
• Manage firm liquidity and funding by maximizing collateral allocations to ensure there are minimal unfinanced collateral costs.
• Strong support for trading and sales desks, allowing the implementation of complex collateral allocations and new client business.
• Work with settlements to ensure deliveries are made on a timely manner and do not hinder firm liquidity.
• Manage relationships with clients and other stakeholders on a daily basis and assist in any setbacks with trade discrepancies.

Skills, experience, qualifications and knowledge required:

• 6+ years of experience in Tri-party or Liquidity Operations role at a broker dealer
• 3+ years managing a team within Operations or Middle Office
• Bachelor’s degree required
• Motivated self-starter capable of excelling in a fast-paced team environment
• Excellent written and verbal communication skills, ability to multi-task, and work towards tight deadlines
• Proactive and detail orientated.
• Strong technical and analytical skills with proficiency in MS Office particularly Excel
• Series 99 or willingness to sit for required exam.

• 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: 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.

If hired in 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”.