International Stock Loan Operations Temp
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
The International Stock Loan Middle Office department covers PB and firm needs across Asia, Europe, North and South America, as well as a large conduit book.
Location
New York, NY
Pay
The pay range for this position at commencement of employment is expected to be between $45 and $50/hour. Base pay 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, discretionary awards, and a full range of medical, financial, and other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time, and parental leave).
Role Description
- Management and processing of cash and non‑cash collateral exposure.
- Trade support ensuring trade bookings flow STP to the market, resolution of contract compare, new client static management, exception management, and spearheading issues.
- Oversight of all Stock Loan support functions.
Requirements
- Minimum of 2 years International Stock Loan experience processing cash and non‑cash collateral.
- Collateral management of cash and non‑cash exposure with regards to pre‑pays, same‑day settlements, and settled returns.
- Knowledge of marked‑to‑markets, billing, contract compare, and security static (a plus).
- Understanding of European, Asian, and Canadian markets (a plus).
- Knowledge of short coverage, excess management, settlements and the lifecycle of a trade (a plus).
- Strong networking and relationship‑building skills.
- Familiarity with DTC, BPS, Gloss, Equilend, and Pirum (beneficial).
Leadership Behaviors
- Explore Insights & Vision – Identify underlying causes of problems and define a clear vision and direction for the future.
- Making Strategic Decisions – Evaluate all options for resolving problems and effectively prioritize actions or recommendations.
- Inspire Entrepreneurship in People – Communicate ideas effectively and motivate team members to enhance productivity.
- Elevate Organizational Capability – Engage proactively in professional development and promote knowledge sharing to boost team productivity.
- Inclusion – Foster a culture of inclusion and psychological safety, cultivating a “Risk Culture” (Challenge, Escalate and Respect).