Funds Transfer Pricing Manager- Vice President

Overview

Treasury is an established function within the Finance division at Nomura. The department has regional teams in Japan, EMEA, AEJ and the US. In addition, Treasury has a team in Mumbai that provides management information and analytical support for the Global team.

Treasury operates across the three divisions of the Firm (Wholesale, Retail Brokerage and Investment Management) 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 Treasury department is organised into three functions with strong global orientation:

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 and maintain regulatory reporting control, governance, and escalation frameworks

Liquidity Management – responsible for the management of liquidity for the Nomura Group and its legal entities
1.    Ensure that the Group's businesses and legal entities are able to support client needs and meet contractual and contingent financial obligations through normal economic cycles as well as during stress events
2.    Optimize the Group's funding mix
3.    Maintain adequate and readily available liquidity sources in the appropriate currencies and legal entities

Role description:
The individual will be responsible for development and maintenance of the Group’s Funds Transfer Pricing Framework and methodology. The individual will report to the Global Head of Liquidity Management, based in London.

Responsibilities include but are not limited to: 
    Ongoing development and documentation of the FTP framework and methodology
    Communication of FTP approaches and any changes to senior business leads, including responding to any methodology related queries
    Periodic review of global Treasury P&L to assess continued appropriateness of the existing framework and FTP charges
    Monitor funding and liquidity indicators to affirm FTP appropriately transfers cost of liquidity
    Provide data and analysis to facilitate FTP framework enhancement
    Design and test any enhancement required for FTP system, working with Technology
    Work closely with Treasury Product Control on implementation of the framework and any change
    Deliver objectives through collaboration with other teams within the Liquidity Management organization (globally and regionally) and the Treasury team in Mumbai

Skills, experience, qualifications and knowledge required:
    Bachelor’s Degree in Economics, Mathematics, Engineering or equivalent
    An advanced degree, or additional professional qualifications such as CFA or FRM are a plus 
    Minimum 10 years of experience in Treasury, Liquidity Management or Funds Transfer Pricing 
    Excellent knowledge of secured financing and derivatives transactions and liquidity environment affecting broker-dealers and banks 
    Ability to work both as an individual and in a team collaboratively (including other locations or departments)
    Control mindset, with demonstrated strength in enhancing governance and risk management
    Experience in leading a system enhancement or a project
    Excellent communication skills (verbal and written) and ability to influence stakeholders at varying levels of seniority
    Demonstrably strong analytical skills
    Sound understanding of funding markets and products including structured notes, FX swaps and unsecured issuance (e.g. TLAC-eligible debt) 

Nomura competencies
Trusted Partner
    Besides having a high level of expertise as a financial service professional, strive to retain clients’ trust
    Make appropriate decisions in all circumstances to ensure that Nomura will remain a Trusted Partner 
Entrepreneurial leadership
    Drive change across the organization by predicting change in the environment 
Teamwork 
Collaboration 
    Collaborate with different people across the organization, and leverage the diversity to contribute to the growth and profitability of Nomura as a whole organization
Influence
    Drive strategies and clarify responsibilities of one’s business area, and motivate others to contribute towards business success
Integrity
    Influence others to fully understand the significance and importance of corporate philosophy, professional ethic, compliance, risk management, and code of conduct, and make decisions to take actions accordingly in any circumstance 

Diversity Statement: 
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender 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.

Right to Work:

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
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Nomura is an Equal Opportunity Employer