Cash Equities Operations

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & 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 

Role overview

The Operation Associate is a 12 months contract role within Market Operations covering cash securities post trade support. The officer will be responsible for timely clearing, settlement, and exception investigation of cash securities and relevant transactions in Asia-Pacific markets while delivering top-tier customer service.  Strong analytical skills and sense of risk and control are required as the role will handle transaction, depot, and nostro reconciliations, address escalations related to settlement issues, and assist with financial analysis and metrics reporting.  In this position, the officer will work closely with offshored teams and be the key person to ensure effective offshore team supervision, daily tasks oversight, and colocation contingency support.  

This role operates in a dynamic, fast-paced environment, requiring analysts to adapt to the evolving needs of both internal and external clients. Teamwork is a vital component of this role, as it requires building and nurturing strong relationships both within the team and with other internal Nomura teams. The role will apply both cash equities and accounting knowledge to monitor and evaluate processes and data, identifying policies that foster process improvements to enhance efficiency and effectiveness throughout the team and the organization.

Role description

Control and Governance

•    Work with offshore teams to design and implement relevant supervisory framework to ensure risks identification, resolution and escalation

•    Analyze current BAU processes and workflows to identify opportunities for enhancement.  Develop and recommend solutions to improve efficiency and controls

•    Responsible to represent the function and team in all regional meetings and liaison with stakeholders. 

•    Review and ensure all processes and procedures performed by onshore and offshore teams are compliant with internal / external policies and regulations

•    Provide guidance to teams to resolve queries and manage escalations with stakeholders as required. 

•    Ensure the team is equipped to support any new project/ business initiatives 

Reconciliation & Controls

•    Ensure daily reconciliation are completed with all exceptions identified with ETA to resolve. This includes the following reconciliation:
o    Bank reconciliation, 
o    Trading account reconciliation
o    Monthly reconciliation with broker rebates
o    Stock borrowing and lending reconciliation
o    House and error accounts reconciliation 
o    Trade settlement reconciliation

Operations, Settlement functions and Cash Management:

•    Ensure settlement activities are completed daily, for example:
o    Identify, investigate and resolve settlement discrepancies to prevent / resolve fails 
o    Manage stock borrowing & lending collateral payment, reconciliation and MTM exposure Arrangement settlement of collateral with lender
o    Settlement of fees, penalties, proxy fees and intercompany fees related to trade settlement
o    Collaborate with various departments within the organization to provide support on matters related to reconciliations, payments, settlements, financial analysis, and reporting

Skills, experience, qualifications and knowledge required

•    Bachelor in Accounting/ Finance or equivalent 

•    Knowledge of Cash equities markets

•    Minimum of 5 year in financial services industry preferred in Sell side operations or accounting experience

•    Experience in managing and overseeing offshore teams is required 

•    Strong communication skills, fluency in English is required

•    Strong technical knowledge of local regulatory requirements, and market settlement mechanics will be an advantage 

•    Good team player, proactive and able to adapt quickly 

•    Highly committed, self-motivated and able to meet deadlines

•    High regard for attention to detail, accuracy and quality

•    Proficient in the use of Microsoft Word, Excel and Outlook (VBA or programming knowledge is a plus) 

Nomura Competencies

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 

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.  

Nomura is an Equal Opportunity Employer