Rates Derivatives Trade Support Analyst

Analyst

Department: Operations
Location: New York, NY

The pay range for this position at commencement of employment is expected to be between $70K and $80K/year. Additional compensation and benefits information is provided separately.

Company Overview

Nomura is a financial services group with an integrated global network. By connecting markets East and West, we service the needs of individuals, institutions, corporates, and governments through 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.

Department Overview

Nomura's Middle Office interacts with sales and trading to provide trading support. This is an opportunity to join a dedicated and collaborative team.

Role Description

Trading support role within the Rates Derivatives Middle Office, covering the swaps and options trading desks.

• Daily trade capture and verification of all trades, including swaptions, bermudans, caps/floors, bond futures, interest rate futures, options on futures, bond options, swaps, forward rate agreements, and cash bonds.
• Production and validation of risk and P&L.
• Respond to queries and ad-hoc requests from front office, risk, compliance, finance, and operations.
• Assist the Options desk in managing daily swaption, CBOT, and CME option expiry risk.
• End-of-day official market production, including building and maintaining the NGFP-NY market.

Key Objectives Critical to Success

• Provide a high level of client service to both internal and external stakeholders.
• Maintain a high level of accuracy in trade verification with minimal errors expected.
• Manage multiple issues and effectively prioritize workload.
• Contribute to ongoing development of STP and the control environment.

Skills, Experience, Qualifications, and Knowledge Required

• 1+ years of experience in a trade support / middle office role within Rates Derivatives.
• Understanding of interest rate products.
• Familiarity with risk management and the ability to explain P&L.
• High proficiency with Excel.

Nomura Leadership Behaviours

• Explore Insights & Vision: Identify underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions: Evaluate options for resolving 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: Foster a culture of inclusion and psychological safety in the workplace and cultivate a “Risk Culture” (Challenge, Escalate, and Respect).