EMEA Middle Office Lead - Flow Rates, Credit & FX; Vice President​/Executive Director

Job Title:

Middle Office Lead – Flow Rates, Credit & FX (EMEA)

Corporate

Title:

Vice President / Executive Director

Department:
Operations

Location:

London

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.

For further information about Nomura, visit

The EMEA Flow Products Middle Office team sits within the EMEA GMO function, part of Global Operations.

EMEA GMO comprises middle office teams controlling and supporting key Nomura businesses trading in flow and structured products across all asset classes.

Global Operations has teams in Asia, EMEA, India, Japan & US covering Client Services, Collateral Management, Middle Office, Shared Services, Regulatory Reporting and Wealth Management.

The Head of EMEA Flow Products Middle Office will report directly to the Head of EMEA GMO. They will assume direct management responsibility and oversight for Flow Credit, Flow Rates, Portfolio Optimisation, Equity, FX & EM, Treasury, DCM & Cash middle offices, directly managing the day-to-day operations for the London based teams, with oversight for Mumbai based trade support teams. In addition, they will support governance and control for all cross-border activity into EMEA entities managed by regional GMO teams.

The successful candidate will be expected to deliver operational efficiency and process improvement whilst managing complex operational issues, escalating effectively. Ensuring control framework adherence and compliance with functional policies and jurisdictional regulation.

Manage, lead and develop the existing team, as well as individuals within, driving the team perform to a high level and helping members reach their full potential.

Maintain and strengthen relationships across Front Office, Operations, Finance Risk and Legal functions. This position will also play a key part in the wider GMO management team, contributing to strategic agenda-setting and cross-regional initiatives.

• Demonstrated ability to balance operational control with business enablement
• Strong risk management and escalation handling
• Capacity to drive cultural change and operational transformation
• Track record of reducing operational risk and improving efficiency
• Able to attract, retain, and develop top talent
• Strong ethical standards and commitment to a culture of challenge, elevate and respect

• Strategic vision, ability to align middle office to function and business strategy
• Decision making and sound judgement, able to deliver direction in high-pressure situations
• Team development, track record of building high-performing teams and developing talent
• Stakeholder management, ability to influence and collaborate across multiple functions helping to build and foster strong relationships
• Change management, proven ability leading organisational change and transformation initiatives

• Product knowledge, deep understanding of fixed income and currency products covering government bonds, FX, exchange traded and OTC derivatives
• Operational expertise, knowledge of financial markets infrastructure, with a comprehensive knowledge of the trade lifecycle from execution through to settlement
• Risk management, strong control mindset, able to recognise operational risk challenges and mitigate through robust control framework design and implementation
• Technology, understanding of new digital tools and their ability to enhance existing controls, improving straight-through-processing

• Commercial awareness, understanding business economics, risk, and P&L drivers
• Regulatory knowledge, current awareness of the global regulatory landscape and compliance requirements
• Industry trends, knowledge of market developments and technological innovations
• Cost management, experience with budget control and resource allocation

• Experience in…