Collateral Management Associate

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.

About the role

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.

• 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

Requirements

• 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

Leadership Behaviors

• 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).

Pay

The pay range for this position at commencement of employment is expected to be between $120K and $130K/year. 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 other elements, such as a sign-on bonus, restricted stock units, and discretionary awards.

Benefits

• Full range of medical, financial, and/or other benefits, including 401(k) eligibility
• 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 of employment.

Nomura’s benefits rank #1 amongst our competitors in Aon’s Benefit Index®.