Company Overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services 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. For further information about Nomura, visit www.nomura.com
Job Title: Treasury Specialist
Corporate Title: Associate
Division: Finance (Corporate Treasury)
Location: Korea
Department Overview
Corporate Treasury is responsible for managing all aspects of liquidity and funding requirements of the firm in accordance with the Executive Management Boards mandated risk appetite and in compliance with regulatory liquidity metrics.
Role Description
Reporting directly to Korea Treasury Lead (VP), the Associate, Treasury Specialist will oversee liquidity, funding, and risk management for Nomura’s Korea entity while collaborating with regional and global Treasury teams. The role involves optimizing funding strategies, managing capital activities, and ensuring regulatory compliance, with significant exposure to senior stakeholders across Finance, Risk, and Business divisions.
Responsibilities
Funding and Investment
- Optimise the funding sources for Korea entity’s while complying with the firm’s liquidity risk appetite.
- Operate Korea entity’s Electronic Short Term Bond (ESTB) program.
- Investment of Liquidity Pool subject to regulatory and internal requirements. Maximise P&L by optimising across currencies held.
- Manage the Corporate entities capital activities such as Capital injections, Sub-debt, and Dividend.
- Manage interest rate and FX risks related to the corporate division.
Liquidity Risk Management
- Design, implement and monitor liquidity risk framework for Korea entity.
- Liquidity risk modelling for global markets business.
- Continuously review the liquidity risk framework in light of changing business dynamics.
- Forecasting liquidity pipeline under both BAU and stress scenarios.
- Design and implement an FX management framework, including collateral swaps.
- Design liquidity sources and uses analysis at country and regional level.
Data and Reporting
- Responsible for liquidity reporting for local regulators and consolidation of Korea entity to Japan Financial Services Agency reporting.
- Engagement with business for liquidity optimization and trade mitigation.
- Design, implement and maintain a regulatory reporting control, governance and escalation frameworks.
Change Agenda
- Responsible for end-to-end daily Treasury MI from data sourcing and automation of liquidity reporting to explains and business MI.
- Treasury lead for new business initiatives – technology upgrade, ESTB program setup, new product implementation etc.
Stakeholder Interaction
- Regular interaction with business CAOs to understand the liquidity pipeline, liquidity usage drivers and assist with the financial resource budgeting process.
- Provide insights to entity management, including Asset Liabilities Committee, on its liquidity matters.
Requirements
- University degree, a higher degree and/or a professional accounting / risk management qualification is a plus.
- Minimum 4 years’ experience in Funding/ ALM/ Liquidity Risk Management in an international financial institution with a focus on Asian jurisdiction, especially Korea.
- Deep understanding with hands on experience of the regulatory liquidity framework, funding, recovery & resolution planning.
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.