We are on the lookout for a remarkable Operations Manager to join our incredible team at Nomura Holdings, inc. in Mumbai.
Growing your career as a Full Time Operations Manager is an incredible opportunity to develop relevant skills.
If you are strong in presentation, teamwork and have the right drive for the job, then apply for the position of Operations Manager at Nomura Holdings, inc. today!

Job Description for Operations – Shared Services - Security Settlement – Assistant

Manager / Manager

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

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:
Securities Settlements processes all activities related to the settlement of a trade when NOMURA, or
one of its customers, buys or sells a security. The team interacts heavily with Fixed Income, Equity
Trading and Sales, Credit, Treasury, Risk and Information Technology. Responsibilities include
confirming trades, managing the delivery and receipt of securities and cash, and recording transactions
on our books and records. Core settlements manages clearing and settlement of securities both for
proprietary trading and for clients, dematerialized and physical securities
 Pre-matching:
 As the term suggests, this is the initial stage in timely settlement of a trade. At this stage the
primary objective is to agree all the dynamics of the trade to ensure its correct settlement.
 This activity is started at S-2 stage, which can differ if required by market regulations and
other specifications around a trade.
 This is done via email and phone follow-ups to ensure audit and compliance requirements are
adhered to.

 Settlement Day Matching and Settlements:
 This is the day the trade actually settles in the market. A lot of activity is generated around the trade, from covering short positions to deliver to chasing counterparty brokers in case of failing receipts.
 Conversations with the local agent banks also form a part of this day, to ensure our instructions are matched and to resolve any agent level issues.
 Trades that require special attention - Corporate actions, New Issues, Potential Buy-in deliveries, Market regulated claims are given priority and settled in accordance to the standard operations procedure.
 Reconciliations: Also form part of S-zero BAU, this is actual recon between the cash and stock reports for the day. Any breaks or discrepancies are closely monitored and resolved. This helps us in having clean balance sheets and reporting our Mark to Market numbers every day.
 Fails Management




 Root-cause analysis and resolution of any and every trade that has not settled on the specified time in the market.
 Covering short positions and taking steps to mitigate any risk around the fail.
 Reporting of the failed trade to relevant concerned teams / persons.
 Exceptions Queue Management
 Trades that feed in without any field missing form a part of Exception Queues. We resolve any exceptions that occur around Settlement exceptions, Swift Exceptions and Settlement decision exceptions.
 Client Reports
 Reporting on a daily basis / as required by clients for their cash and stock positions.
 Funding reports.
 MTM status reports.
 MIS and Control Activities
 A daily MI is published for us to understand our risks in the market and taking mitigating actions to avoid financial losses and loss of goodwill in the markets.
 This MI is published at different levels - ranging from India Management to Global Audience.
 An error log is also maintained to remain on top of any error / issue that we see in the future.
Position Specifications: Corporate Title Analyst / Associate Functional Title Assistant Manager / Manager Experience 4 years+ Qualification Graduate / Post Graduate Requisition No. XXX
Role & Responsibilities:
Mind Set:
 Responsible for Supervising & governing the Pre-matching, Settlement and Post settlement activities
 Be an integral part of the Securities Asia Settlement team
 Ensure timely reporting and escalation
 Demonstrate ownership and responsibility for the tasks assigned
 Understand Nomura applications and SOP
 Ensure there are no errors and escalations
 Provide best service to internal and external clients

Mandatory Desired Domain
 4+ years of relevant Securities settlement experience
 Transparent understanding of IB Operations
 Good understanding of pre matching, Settlement and post settlement activities. Technical
 SWIFT Knowledge
 Market Exceptions
 Terminologies used in Securities Settlement
 Knowledge of different securities products across IB industry
 Any Basic prior exposure on workflow tool, Data interpretation and presentation using any new age digital skills or tool (e.g. in any of Altreyx, Excel Macro, R, Python, Power-Bi, Tabelu, etc)

Benefits of working as a Operations Manager in Mumbai:

● Learning opportunities
● Company offers career progression opportunities
● Attractive package

📌 Operations Manager - Start Now (Mumbai)
🏢 Nameless
📍 Mumbai