Nomura Overview: Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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 Nomura Services India, (Powai) supports Nomura's businesses around the world. Powai' s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura's global operations and are an integral part of Nomura's global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura's global business. Divisional Overview: The Operations division provides the support and control infrastructure that enables the Firm to develop and deliver financial products throughout the world. Working with the Sales, Trading and Information Technology Divisions, Operations professionals are responsible for the management and execution of transactions in a manner which maximizes profitability and minimizes risk. Our division is responsible for the management and execution of millions of securities transactions on a daily basis. Our responsibilities include trade processing, confirmation, settlement, fails management, margin, asset servicing, risk management and various client services. In partnership with sales, trading, prime services, information technology and other teams from across the bank, we apply a continual focus on improving productivity and efficiency, while seeking new and innovative ways to support our clients' changing needs. Business Unit Overview: The team is primarily responsible for: . Responsible for cash, stock and trade reconciliations across different accounts and different sets of products . Maintenance of efficient reconciliation production through TLM . Conduct reconciliation integrity and control checks . Investigate and allocate breaks to various business areas. . Liaising with counterparts across regions. . Monitoring efficiencies of automation by regular MIS production . Identification of weaknesses and casual events in upstream processes that impact STP. . Interaction with Business Analysis group and Technology in testing and delivery of new reconciliations . Ad hoc problem resolution Role & Responsibilities: . At this level, a role holder is required to take responsibility for the accuracy and quality of their own work. . Supervision, advice and guidance will, however be readily available. . They will be expected to identify discrepancies and anomalies, liaising with colleagues to answer questions and initiate appropriate action. . This requires the understanding and use of a number of clearly defined procedures and processes. . Most problems or questions will be dealt with at this level, although complex issues may be referred elsewhere for assistance. Key Accountabilities: . Undertake a range of data extraction, collation, processing, analysis and reconciliation tasks ensuring that problems are identified accurately and quickly, and that appropriate action is taken, following established procedures and meeting deadlines. . Check and review own work for completeness and accuracy, identifying and correcting any discrepancies or errors. . Handle internal and external customer problems promptly and accurately, exchanging information, answering questions, and/or clarifying facts in person or through other appropriate communication means, referring complex enquiries or complaints for assistance. . Identify and report on current and potential issues and problems, and make suggestions for improvements to own work area or processes. . Role holder must know when to escalate problems. . Act as a good team player, supporting colleagues, sharing information and offering assistance when needed, and, if required, provide on the job training. . Produce a range of standard reports and documents using set format, in response to procedural deadlines or routine enquiries. . Performance Indicators: . Accuracy and speed. . Meeting deadlines. . Follow checklists and procedures. . Completing the work assigned. . Feedback from customers. . Feedback from colleague and supervisors. Mind Set: Mandatory Desired Domain . Basic understanding of operational risk . Basic principles of Operations . Good communication skills . Good MS office skills . Basic understanding of investment banking and the financial markets . Expected to demonstrate or develop relevant process/system knowledge, along with an appreciation of customer requirements and awareness of agreed service levels. . Understanding of book keeping and accountancy
