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Jobs · Finance · New York

OTC Derivatives Associate

Nomura · New York, NY · 1 wk ago
Finance$120k–$140k/yrFull-time

Nomura is a financial services group with an integrated global network, connecting markets East & West to serve individuals, institutions, corporates, and governments through Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and Banking.

About the role

We are seeking an Associate to join a highly talented Middle Office team covering the growing Equity Derivatives business. The focus of the team is to deliver best-in-class support for the business and clients, and to perform day-to-day risk management through the existing control construct. This trading support role involves daily trade capture, verification, and lifecycle management of OTC products.

Responsibilities

  • Daily trade capture and verification of all trades in OTC products, including:
    • OTC Options
    • Equity Swaps
    • Equity Forwards
    • Variance and Volatility Swaps
    • Exotics and Hybrids
    • Dispersions
    • FX Interest Rate Swaps
    • Other Derivatives including listed securities
  • Production and validation of risk and P&L
  • Handling queries and ad-hoc requests from front office, risk, compliance, finance, and operations
  • Control of trade workflow, including ownership of inter-system reconciliations
  • Coordination with quant and technology teams to recommend, test, and implement enhancements to trading platforms and internal reconciliations/controls
  • Resolution of queries and ad-hoc requests from Trading, Sales, Risk Management, Credit, Legal, Compliance, Finance, and Operations

Key Contribution Areas

  • Provide a high level of client service to both internal and external stakeholders
  • Manage multiple issues and effectively prioritize workload
  • Demonstrate eagerness to learn and thrive in a fast-paced environment

Requirements

  • 4+ years of experience in Equity Derivatives
  • Bachelor’s Degree (preferably Mathematics, Finance, or a related field)
  • High level of proficiency with Excel
  • Understanding of and interest in the finance industry
  • Strong communication skills to interact with different levels within the business and support all aspects of the business

Leadership Behaviors

  • Explore Insights & Vision: Identify underlying causes of problems and define a clear vision for the future.
  • Making Strategic Decisions: Evaluate options and prioritize actions effectively.
  • Inspire Entrepreneurship in People: Motivate team members through effective communication to enhance productivity.
  • Elevate Organizational Capability: Engage in professional development and promote knowledge sharing to enhance team productivity.
  • Inclusion: Foster a culture of inclusion, psychological safety, and 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 $140K/year. 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 paid time off).

*Base pay may vary depending on market location, job-related knowledge, skills, experience, and other factors. Details of participation in benefit plans will be provided upon offer of employment.

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