Operational Finance Specialist
2 days ago
At Nomura, we are committed to being a leading financial services group in Asia. As a global network spanning over 30 countries, we provide innovative solutions to our clients through our four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking) and Merchant Banking. Our team in Singapore is seeking an Operational Finance Specialist to join our Operations department.
About the Role
This position will be responsible for handling lifecycle activities for OTC derivatives and structured products. You will ensure accurate and timely processing of day-to-day BAU processes for all markets. Additionally, you will oversee offshore activities performed by vendors and branches, ensuring compliance with market rules and regulations.
Your Key Responsibilities
* Handle lifecycle events for OTC derivatives and structured products, including equity accumulators, decumulators, options, structured swaps, and notes.
* Ensure timely and accurate sending of client long-form confirmations.
* Follow up with counterparties on trade discrepancies and liaise with IWM Execution desk to resolve issues.
* Handle trade enquiries from external and internal stakeholders.
* Perform ad hoc supports for managers as required.
* Investigate and resolve outstanding break items in Depot and Nostro accounts, as well as internal accounts.
* Complete daily day-end tasks and reports, with signed-off checklists.
* Contribute to weekly and monthly KRI/trade volume reporting using MIS tools.
Requirements
We are looking for a candidate with 3-5 years of experience in Wealth Management or Private Banking Operations. You should have expertise in structured products and OTC derivatives, as well as a strong understanding of market rules and regulations. Proficiency in Excel and Avaloq experience are added advantages.
Salary Information
The estimated annual salary for this role is SGD $80,000 - SGD $110,000, depending on qualifications and experience. This figure is based on industry standards for similar positions in Singapore.
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