About this role
Job Title: EMEA Liquidity Manager
Corporate Title: Vice President
Department: Finance
Location: London
Company overview
Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.
Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com
Department Overview:
Treasury is an established function within the Finance division at Nomura, with responsibility for all aspects of unsecured funding and to manage liquidity and funding in accordance with Board-mandated stress tests and in compliance with Regulatory liquidity requirements.
The department has teams across Tokyo, London, Frankfurt, New York, Singapore, and Mumbai.
The department is organised into the below functions:
Funding – execution of the firm’s unsecured financing activities and liquidity pool investment, together with currency management.
Regulatory Liquidity Reporting & Data – responsible to ensure regulatory liquidity reporting is complete, accurate, and timely. Design, implement & maintain regulatory reporting control, governance, and escalation frameworks.
Liquidity Management –
- Regional Liquidity Management - covers regional aspects of liquidity risk management including liquidity analysis, Policy and framework reviews, Contingency Funding Plan, Recovery & Resolution Plan for Treasury, ILAAP and other regulatory requirements
- Liquidity Strategies, Forecasting and Analytics – covers forecasting & management of compliance with liquidity metrics
- Liquidity Stress Modelling – develop and enhance internal stress testing framework and assumptions, scenario/ sensitivity analysis, model back-testing, testing and implementation of liquidity stress assumptions
Role Description:
The individual will be member of the Treasury team in London. The individual will be responsible for supporting the development of the firm’s liquidity risk management framework, interfacing with other stakeholders (Wholesale business, Risk, Regulators) on liquidity risk management framework and the on-going compliance with local regulatory requirements. The individual will be involved in different initiatives (regulatory driven / self-identified) to enhance liquidity management of Nomura.
Key objectives critical to success:
- Develop and maintain liquidity management policies ensuring that risk is recognised, measured and managed across the firm on a sustainable basis and in line with the Global appetite
- Technical knowledge of LCR, NSFR and internal liquidity stress testing for global markets and investment banking products
- Perform specialist reviews into the methodology and calibration of limit frameworks, including:
collaborating with Wholesale and product SMEs
- leading reviews through relevant governance committees
- documenting frameworks clearly
- socialising framework requirements amongst stakeholders
- Evaluating liquidity risk through data analysis and business insights
Skills, experience, qualifications and knowledge required:
Essential
- Bachelor’s degree in Economics, Mathematics, Engineering or equivalent field
- Experience in Treasury or Liquidity Risk
- Deep technical knowledge of the EBA/PRA regulatory liquidity framework
- Strong analytical/ numerical skills
- Impactful personality with strong interpersonal and communication skills
- Good IT Literacy, with a strong Excel/ Data Analysis skillset and experience with tools/programming languages such as Python, Alteryx, Tableau and Power BI
- Results focused on a pressurised environment with tight deadlines
Desirable
- Knowledge of liquidity best practices
- Ability to influence across varying levels of seniority within Finance and Risk
Nomura Leadership Behaviours
- 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 Work
The 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 & Inclusion
Nomura 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.
Nomura is an Equal Opportunity Employer