Job title: Head of EMEA Flow Products Middle OfficeCorporate Title: Vice President / Executive DirectorDepartment: OperationsLocation: LondonCompany overviewNomura 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 www.nomura.com
Department overviewThe EMEA Flow Products Middle Office team sits within the EMEA GMO function, part of Global Operations.EMEA GMO comprises middle office teams controlling and supporting key Nomura businesses trading in flow and structured products across all asset classes. Global Operations has teams in Asia, EMEA, India, Japan & US covering Client Services, Collateral Management, Middle Office, Shared Services, Regulatory Reporting and Wealth Management.
The Head of EMEA Flow Products Middle Office will report directly to the Head of EMEA GMO. They will assume direct management responsibility and oversight for Flow Credit, Flow Rates, Portfolio Optimisation, Equity, FX & EM, Treasury, DCM & Cash middle offices, directly managing the day-to-day operations for the London based teams, with oversight for Mumbai based trade support teams. In addition, they will support governance and control for all cross-border activity into EMEA entities managed by regional GMO teams.
The successful candidate will be expected to deliver operational efficiency and process improvement whilst managing complex operational issues, escalating effectively. Ensuring control framework adherence and compliance with functional policies and jurisdictional regulation.
Manage, lead and develop the existing team, as well as individuals within, driving the team perform to a high level and helping members reach their full potential.
Maintain and strengthen relationships across Front Office, Operations, Finance Risk and Legal functions. This position will also play a key part in the wider GMO management team, contributing to strategic agenda-setting and cross-regional initiatives.
Key factors critical to success
Demonstrated ability to balance operational control with business enablement
Strong risk management and escalation handling
Capacity to drive cultural change and operational transformation
Track record of reducing operational risk and improving efficiency
Able to attract, retain, and develop top talent
Strong ethical standards and commitment to a culture of challenge, escalation and respect
Skills, knowledge and qualificationsLeadership & Management Skills
Strategic vision, ability to align middle office to function and business strategy
Decision making and sound judgement, able to deliver direction in high-pressure situations
Team development, track record of building high-performing teams and developing talent
Stakeholder management, ability to influence and collaborate across multiple functions helping to build and foster strong relationships
Change management, proven ability leading organisational change and transformation initiatives
Technical Skills
Product knowledge, deep understanding of fixed income and currency products covering government bonds, FX, exchange traded and OTC derivatives
Operational expertise, knowledge of financial markets infrastructure, with a comprehensive knowledge of the trade lifecycle from execution through to settlement
Risk management, strong control mindset, able to recognise operational risk challenges and mitigate through robust control framework design and implementation
Technology, understanding of new digital tools and their ability to enhance existing controls, improving straight-through-processing
Business Acumen
Commercial awareness, understanding business economics, risk, and P&L drivers
Regulatory knowledge, current awareness of the global regulatory landscape and compliance requirements
Industry trends, knowledge of market developments and technological innovations
Cost management, experience with budget control and resource allocations
Experience
Experience in Financial Services, with at least 5 years of management across multiple teams
Experience across multiple asset classes and products covering both derivatives and cash
Proven track record of operational excellence and team leadership
Preference for:
Multiple location team management
Experience with industry, regulatory and/or firm change programs
Professional certifications (CFA, FRM or equivalent)
Personal Attributes
Strong analytical and complex problem-solving capabilities
Excellent written and verbal communication skills across all organisational levels
Collaborative approach with ability to work effectively across global teams, managing disagreements and finding pragmatic solutions
Results-oriented mindset with focus on continuous improvement
Adaptability to work in a fast-paced environment, able to consistently multi-task and prioritise effectively
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 inclusion and psychological safety in the workplace and cultivate a “Risk Culture” (Challenge, Escalate and Respect).
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. Please note that whilst 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.
Diversity & InclusionNomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our 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.
If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
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