Vice President - GLOSS

Job Description

Nomura Overview:

Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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.

Nomura Services, India supports the groups global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the groups global operations across four international regions.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

About the Role:

We are seeking an experienced Vice President level Technical Manager to join our Settlement team. The role involves leading the technical strategy, design, development and maintenance of our Settlement technology applications which are primarily built on the GLOSS platform with other supporting custom Nomura applications.

Key Responsibilities:

• Provide technical leadership for the GLOSS team
• Design and implement robust and efficient technical solutions for complex settlement related business scenarios
• Work with SME s and Functional analysts to discuss technology solutions and check feasibility and viability of proposed solutions
• Work closely with senior Operations Managers globally to suggest and socialize technical solutions and implementation plans
• Attend Global Prioritization calls, Program Steer cos and represent settlement technology in those meetings
• Guide the development team with technical solutions, analyze solutions proposed by developers and team leaders and help choose the optimal path
• Work with Global Tech counterparts to drive technological improvements and modernization initiatives in GLOSS engineering and development process
• Manage relationships with Broadridge, Custodians, vendors and third-party service providers
• Help troubleshoot complex GLOSS issues, suggest system performance improvements and provide updates on key releases and significant changes

Required Qualifications:

• Bachelor's/masters degree in computer science, Engineering, Information Technology or related field
• 15+ years of experience in financial technology, with at least 10 years focusing on International Settlement Systems
• Strong hands-on technical expertise in GLOSS application build-out and maintenance
• Deep understanding of GLOSS settlement processing systems, banking operations, and financial messaging
• Experience with modern technology stack including Java, Spring Framework, Oracle/MS-SQL databases

Required Skills (Details):

• Hands on technical expertise in GLOSS development and maintenance with high familiarity in the following aspects: Events, Processing and Transactions (EVNT, PROC, TRAN), Server components (BMSG, BPROC, BTPRO), Settlement Instruction Processing (SETD), Configuring and implementing Depot and Nostro transfers (DTRN, NTRN)
• Delivery and receipt processing (DERE) with stock and cash position keeping
• Familiarity with settlement instructions sent to SWIFT payments infrastructure (MT2*, MT5*)
• Knowledge or awareness of IS020022 initiative and implications for settlement systems
• Awareness of settlement initiatives in Global Markets like T2S (Target2-securities for Europe, CSDR move to move to T+1 cycles, CSDR Penalty calculations etc.
• Experience in Programming & Development using Java, C, RDBMS (Stored Procedures), Unix and awareness of current software engineering CI/CD practices
• Experience in managing small development teams and collaborating with Business Analysts and Operations stakeholders

Nomura Leadership Behaviours:

Leadership

Behaviours Description Element

Exploring Insights & Vision

Comprehensively analyse the nature of the problems we face and set our focus toward the future vision

• Gather Intelligence
• Create a vision
• Identify an issue

Making Strategic Decisions

Analyse options and feasibility to resolve issues, in making judgments and recommendations

• Identify countermeasures
• Assess feasibility
• Make a judgment

Inspiring Entrepreneurship in People

Promotes the vision and goals to others in such a way that inspires commitment and independent contributions

• Influence
• Inspire
• Commit

Elevating Organizational Capacity Maximize organizational productivity through leadership development and engagement

• Have an ownership in own development
• Support others growth
• Encourage organizational growth

Inclusion

Respect diverse perspectives and promote psychological safety and the creation of a risk culture

• Foster psychological
• safety
• Encourage the active
• participation of all talent
• Foster a risk culture

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carers responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Companys policies as may be applicable from time to time).