Equity Middle Office - Cash Prime Brokerage (Associate)

The Equity Middle Office team, part of Global Middle Office, consists of two key product groups:

1. Equity Finance, Delta-1 and Cross Asset: Where middle office supports desks offering single stock and basket swaps to clients seeking long or short exposure using Total Return Swaps (TRS) to equity underlying assets. The Prime Brokerage Middle Office team consists of two key product groups; Cash Prime Brokerage and Synthetic Prime Brokerage. Operating on different platforms but with both businesses offering services to the same hedge fund clients. The team provides direct, client-aligned services to Hedge Fund clients, Prime Finance trading teams and offers operational and analytical support to other GM teams including Sales and Client service.

1. Equity Solutions

With a growing business diversifying all the time, a cash and OTC product scope and synergies of the same HF clients and PB business contacts the role will be challenging and varied. It will offer exposure to all areas of the business including Operations divisions, Finance, Risk and Front Office sales and trading. It is a client-facing role and the successful candidate will have direct exposure to clients. Over time the successful applicant will develop an excellent understanding of how the Prime division operates. Good analytical, risk awareness and communication skills, together with an aptitude to learn, are equally if not more important than direct experience or background.

Day-to-day responsibilities include:

• Supporting the Cash Prime Brokerage business expansion by collaborating closely with project teams and the trading desk

• Servicing PB clients daily, acting as their primary point of contact, addressing their needs, and resolving day-to-day queries

• Delivering regional and global coverage by managing clients' transactional portfolios and taking proactive measures to mitigate financial and reputational risk for both clients and Nomura

• Reviewing client reports on a daily, weekly, and monthly basis; partnering with Client Service to drive improvements in efficiency, cost management, and controls

• Onboarding new clients and ensuring accurate loading of SSIs and all data integrity requirements

• Resolving breaks promptly and accurately by coordinating with traders, Client Service, IT, MO, and Core Operations teams

• Maintaining up-to-date SOPs and representing Middle Office in KRI and Front Office supervision forums

• Demonstrating flexibility to learn additional business areas and provide backup support across other Equity business segments, including Synthetic Prime Brokerage, Equity Solutions, Equity Finance & Delta-1, Equity Syndicate, and Convertible Bonds

• Provide comprehensive daily servicing of Prime Brokerage clients, acting as a single point of contact for transactional needs and query resolution

• Monitor and review client reports on daily, weekly, and monthly cycles to identify opportunities for efficiency improvements, cost optimization, and enhanced controls

• Execute timely and accurate break resolution through effective coordination with traders, Client Service, IT, Middle Office, and Core Operations teams

• Manage client transactional portfolios with calculated risk mitigation strategies to protect both client and Nomura from financial and reputational exposure

• Demonstrate adaptability and willingness to expand knowledge across other Equity business lines

• Collaborate effectively across regional and global teams to deliver seamless client coverage

• Serve as a key Middle Office contact supporting the re-launch of the Cash Prime Brokerage business

• Partner with Client Service teams to drive forward transformational change initiatives

• Manage stakeholder expectations across internal teams and external clients through proactive communication

• Implement robust monitoring frameworks to ensure compliance with operational controls

• Maintain rigorous oversight of client onboarding processes to ensure regulatory and procedural adherence

• Apply risk management principles to safeguard against financial and reputational exposure

• Leverage strong Cash Prime Brokerage business knowledge to support strategic business restart

• Apply deep understanding of Prime Brokerage operations to manage complex client portfolios

• Demonstrate project management capabilities in delivering business-critical initiatives

• Cash Prime Brokerage Subject matter expert (SME)

• Good understanding of operational risk and an ability to pro-actively manage risk

• Advanced knowledge of Excel is needed. PowerPoint and Word would be helpful

• Attention to detail, excellent administration, organisational and prioritisation skills

• Highly motivated team player able to demonstrate an ability to prioritise daily work effectively

• Excellent written and oral communication skills, ability to present complex subjects in an accessible manner

• Ability to build relationships and work with others through influence (rather than authority)

• Understand clients' needs and issues, and respond with high-quality proposals

• Acquire capabilities to perform one's responsibilities and contribute to being a Trusted Partner

• Produce new ideas that might challenge the status-quo or oneself

Collaboration

• Seek advice from senior colleagues and utilize it for improved results

• Collaborate with members from relevant departments

Influence

• Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others

• Serve as a role model and provide guidance to junior employees

• Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly