Rates Derivatives Trade Support Analyst

Location: New York, NY

About the Company

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.

About the Department

Nomura's Middle Office interacts with sales and trading to provide trading support. This is an opportunity to join a dedicated and collaborative team.

About the Role

Trading support role within the Rates Derivatives Middle Office, covering the swaps and options trading desks.

Responsibilities

• Daily trade capture and verification of all trades including: swaptions, bermudans, caps/floors, bond futures, interest rate futures, options on futures, bond options, swaps, forward rate agreements and cash bonds
• Production and validation of risk and P&L
• Dealing with queries and ad-hoc requests from front office, risk, compliance, finance and operations
• Assist the Options desk in managing daily swaption, CBOT, and CME option expiry risk
• End of day official market production – building and maintaining NGFP-NY market

Key Objectives

• High level of client service provided to both internal and external stakeholders
• High level of accuracy required in trade verification with minimal errors expected
• Ability to manage multiple issues and effectively prioritize workload
• Contribution to ongoing development of STP and control environment

Requirements

• 1+ years of experience in a trade support / middle office role within Rates Derivatives
• Understanding of interest rate products
• Familiarity in dealing with risk and explain P&L
• High level of proficiency with Excel

Leadership Behaviours

• 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 $70K and $80K/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 for this position may also include other elements, such as 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). Details of participation in these benefit plans will be provided if an employee receives an offer of employment.