Global Head of Funds Transfer Pricing - Singapore - Nomura Asia

Nomura Asia

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

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Description

Nomura Asia SingaporePosted 3 hours ago Permanent Competitive

JOB DESCRIPTION

Job title:
Global Head of Funds Transfer Pricing

Corporate Title:
Executive Director

Department:
Treasury/Finance

Location:
AEJ, Singapore

Company overviewDepartment 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

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
Optimize the Group's funding mix
Maintain adequate and readily available liquidity sources in the appropriate currencies and legal entities

Role description:

The Global Head of Funds Transfer Pricing 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, with a local reporting line to the AEJ Treasurer.

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
Monthly review and signoff of global FTPrelated P&L booked in Treasury
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
Work closely with Treasury Product Control on implementation of the framework and any changes
Manage a small team of professionals and deliver team objectives through collaboration with other teams within the Liquidity Management organization (globally and regionally) and the Treasury team in Mumbai
The role will have significant exposure globally to senior management in Treasury, Finance and the Wholesale business

Skills, experience, qualifications and knowledge required:

Master's Degree in Economics, Business, Mathematics or equivalent
Additional professional qualifications such as CFA or FRM are a plus
Minimum 12 years of experience in Treasury, Liquidity Management or Funds Transfer Pricing
E xcellent knowledge of secured financing and derivatives transactions and liquidity environment affecting brokerdealers and banks
Proven ability to lead change and design and implement new FTP frameworks and approaches
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. TLACeligible 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 & Inclusion