Structured Rates Middle Office (Associate)

Structured Rates Middle Office (Associate)

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Structured Rates Middle Office (Associate)

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NomuraJob title:

EMEA Structured Rates Transaction ControlCorporate Title:

AssociateDepartment:

Global Middle Office, FinanceLocation:

LondonCompany overviewNomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East and West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.comDepartment OverviewWorking in the varied, inclusive and collaborative environment of Global Middle Office, responsible for controlling and supporting a broad range of trading desks and products, you will gain exposure to the numerous functions supporting the structured products businesses, working with experienced and senior stakeholders in managing the associated risks to deliver the best outcomes for the business.GMO is a dynamic, fast-paced, demanding and innovative area to work in, providing exposure to senior management and stakeholders all based in London. We are committed to building GMO in London as a best in class support and control function fit for the challenges of the future. The successful candidate will be supported to develop and build the key skillsets required of the modern Middle Office Professional in a flexible, diverse and inclusive environment in which ambitious and driven professionals will be challenged and supported to develop and grow. The Structured Rates Middle Office Group supports the Structured Rates, Vanilla Options and Quantitative Investment Strategies Trading Desks. The team provide first class product and process support for these challenging and dynamic business lines that trade a full suite of complex interest rate trades and strategies. Structured Rates Middle Offices play a key role across a broad range of control and support functions partnering closely with Front Office stakeholders.Overview – Key objectivesProvide the trade management and first-line support for Exotic Rates trading and structuring desks. Tasks include structured deal review, lifecycle management, query resolution, reconciliations and the production of the T0 Flash PandL.The team is central to all activity relating to the trading desks that it supports and therefore interacts regularly with a wide network of internal departments including trading, structuring and sales, all other Ops teams, Product Control, MVG, Quants and Risk Management.Partner with the Front Office, Risk, Finance, IT and Operations teams to ensure our policies and controls are implemented and managed across the structured products businesses.Build and maintain a deep understanding of the range of Bespoke and Structured Products Traded and their specific control and support requirements.Understand, maintain and enhance processes utilising your knowledge of the product and transaction lifecycle. Partner with Front Office and other control functions to build and develop control and governance frameworks for bespoke and developing business lines.Build and own key relationships with FO and other stakeholders to support and control business innovation and growth by participating and contributing in stakeholder governance forums.Manage demand and prioritise efficiently to deliver on the commitments and responsibilities across the CTB and RTB agenda.Build, strengthen and influence relationships across functions and internal GMO teams both onshore and offshore to create consensus and improve collaboration.Skills, experience, qualifications and knowledge requiredStrong knowledge and experience of Structured Derivatives in a particular asset class, preferably rates, with the ability to understand complex financial products and structuresExperience in a middle office environment, or equivalent control functionDeep understanding of investment bank products and processes with a track record of process improvement and development, and a high level of attention to detailAbility to balance demand and think holistically about process changeStrong communicator, able to build relationships and challenge stakeholders appropriatelyDemonstrate agility and a willingness to adapt to changing trends and agendas, and the ability to lead and inspire across peers and directsKnowledge of digital tools or programming languages is desirable (Python, VBA, SQL, Alteryx, PowerBI, etc.)Diversity and InclusionNomura is an Equal Opportunity Employer. We value diversity and are committed to reflecting the diversity of the communities we serve, creating an inclusive environment for all employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.Right to WorkThe UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. While we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa), we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.ContactIf you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.LocationLondon, United ..... full job details .....