What are the responsibilities and job description for the Stock Loan Associate position at Nomura International?
Corporate Title : Associate
Department : Stock Loan Associate
Location : New York - Midtown
The pay range for this position at commencement of employment is expected to be between $95K and $110K / year
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 www.nomura.com.
Aon's Benefit Index®, Nomura's benefits rank #1 amongst our competitors
Department Overview
The International Stock Loan Middle Office department covers PB and firm needs across Asia, Europe, North and South America, as well as a large conduit book.
Role Description
Responsibilities include management and processing of cash and non-cash collateral exposure. Functions also include trade support ensuring trade bookings flow STP to the market, resolution of contract compare, new client static management, spearheading issues and oversight of all settlements functions.
Key Objectives Critical to Success
The ideal candidate is motivated, an organized problem solver, who is able to work in a fast paced role and multi-task in a team environment.
Skills, Experience, Qualifications and Knowledge Required
- Minimum of 3 years International Stock Loan experience processing cash and non-cash collateral.
- Function includes Collateral management of cash and non-cash exposure with regard to pre-pays, same day settlements, and settled returns
- Knowledge of marked-to-markets, billing, contract compare, and security static.
- Understanding of European, Asian, and Canadian markets
- Knowledge of prime-broker, short coverage, excess management, settlements and the lifecycle of a trade are a plus.
- Networking and strong relationship building are paramount.
- Knowledge of DTC, BPS, Gloss, Equilend, and Pirum would be beneficial
Applicants for this position in the Finance Division of NHA must be currently authorized to work for any
employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department / team performance, and market factors".
Nomura is an Equal Opportunity Employer
Salary : $95,000 - $110,000
