Precious Metals Project Manager​/Business Analyst

Job Title: Precious Metals Project Manager/Business Analyst

Employment Type: Contractor (12-month contract)

Department: Global Markets — FX IT

Location: London (Hybrid)

Reporting To: Head of FX Technology

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura serves the needs of individuals, institutions, corporates and governments through its three business divisions:
Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.

The Information Technology department at Nomura is at the forefront of innovation, driving technology solutions that empower our business and enhance client experiences. We leverage cutting‑edge technologies to develop and maintain robust systems and infrastructure, ensuring the security, reliability, and efficiency of our operations.

We are seeking a seasoned Senior Project Manager / Business Analyst to lead the end‑to‑end delivery of a strategic new product – Precious Metals with Physical Delivery – rollout across our global FX Trading Desk. This is a high‑visibility, high‑impact role that sits at the intersection of product, technology, trading, operations, legal, and compliance. The successful candidate will serve as the single delivery authority for the programme, driving execution across multiple business lines and regulatory jurisdictions while maintaining rigorous governance standards.

The role demands equal command of structured project delivery and deep analytical capability — someone who can define and challenge requirements with traders and quants in the morning, then present a risk‑adjusted delivery plan to senior management in the afternoon.

• Own and drive the full programme lifecycle from initiation through BAU handover, encompassing scope definition, planning, budgeting, execution, and post‑launch stabilisation.
• Develop and maintain comprehensive project plans, WBS structures, RAID logs, and dependency maps across APAC, EMEA, and Americas work streams.
• Establish and chair cross‑functional programme governance forums including Steer Co, working groups, and regional stand‑ups.
• Proactively identify, elevate, and resolve delivery blockers, managing interdependencies across technology, operations, and front‑office teams.
• Ensure on‑time, on‑budget delivery with clear milestone accountability and transparent reporting to senior stakeholders.

• Elicit, document, and validate detailed business requirements from FX traders, structurers, sales, and operations across all regions.
• Translate complex FX product mechanics (spot, forwards, swaps, options, NDFs) into clear functional specifications for technology and vendor teams.
• Conduct gap analyses between current‑state workflows and target operating model; define pragmatic solutions with measurable business benefit.
• Lead user acceptance testing (UAT) strategy and execution, coordinating test scripting, defect triage, and sign‑off across jurisdictions.
• Produce high‑quality artefacts including BRDs, process flows, data dictionaries, traceability matrices, and training materials.
• Maintain a comprehensive risk and issue register; drive timely mitigation actions with clear ownership.

• Strong experience of combined project management and business analysis within capital markets, with specific exposure to FX products.
• Demonstrated track record of delivering complex cross‑border programmes.
• Deep understanding of FX product types including spot, forwards, FX swaps, vanilla options, NDFs, and structured FX.
• Deep understanding of operational processes around physical settlement of commodities (Precious Metals) which includes tracking & delivery.
• Experience navigating regulatory and compliance requirements across multiple jurisdictions (MAS, FCA, CFTC, or equivalent).
• Strong command of project…