Cash Prime Brokerage- Product Development

Job Title: Product Manager, Cash Prime Brokerage

Corporate

Title:

Executive Director

Department: Global Markets

Location: New York, NY

The pay range for this position at commencement of employment is expected to be between $275,000 and $300,000 [year] * (see below footnote for additional compensation and benefits information).

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.

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. For further information about Nomura, visit

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Nomura's Global Markets department provides liquidity, market insights, and execution services to clients worldwide across various asset classes, including equities, fixed income, currencies, and commodities. The team's focus on innovation and technology provides clients with access to cutting-edge trading platforms and customized solutions. Nomura's Global Markets team specializes in market-making, risk management, and electronic trading, with a strong global presence and reputation for exceptional service to clients.

With expertise, global reach, and commitment to innovation, Nomura's Global Markets department is well-positioned to continue driving growth and success in the financial industry.

Lead end-to-end product lifecycle for Cash Prime Brokerage. Translate margin methodologies, client requirements, and regulatory requirements into scalable product solutions. Drive strategic roadmap for Cash PB platform with fit-for-purpose, globally consistent architecture.

• Own Cash PB product strategy and platform roadmap
• Partner with Sales, Trading, and management to evolve platform meeting client demand and competitive positioning
• Drive governance and prioritization across cross-functional programmes, ensuring delivery against timelines and commercial outcomes
• Collaborate with Operations and Middle Office to streamline front-to-back Cash PB processes and strengthen control frameworks

• Act as subject matter expert for Regulatory Margin Framework inc. FINRA 4210, Reg T, Portfolio Margin, OCC Margin
• Partner with Risk, Operations, Legal, and Compliance to ensure product design meets commercial objectives and regulatory requirements (Reg T, FINRA 4210, portfolio margining, central clearing)
• Monitor regulatory developments and translate into platform enhancements
• Lead cross-functional teams achieving margin optimization and operational efficiency

• Partner with CTO and Project Management teams to translate business requirements into technology delivery
• Hold technology teams accountable for delivery quality and timelines while escalating appropriately
• Communicate at all levels: technical depth to specialists; strategic framing to senior management
• Work with global stakeholders on platform standardization and transformation initiatives

• Comprehensive Cash PB roadmap with clear prioritization and business impact, leading to key programme deliveries for Cash PB especially US/EMEA
• Enhanced margin optimization driving measurable P&L impact and capital efficiency
• Strong business partnerships as trusted advisor and subject matter…