Precious Metal Operations Lead (Associate)

Job title:                      Precious Metal Operations Lead

Corporate Title:            Associate

Department:                Operations

Location:                     London                       

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

Department overview 

The Precious Metal Operations team sits within the wider Global Operations department as a newly founded team designed to support the FX&EM business expansion into Precious Metals. Positioned within the Shared Services Operations function, which is responsible for all settlement and confirmation activity across asset classes, as well as cash management, asset servicing and network management. The Precious Metals team coordinated closely with all other Global Operations teams, including Middle Office, to ensure seamless operational integration.  

Role description

This position is instrumental in establishing Nomura's Precious Metals Operations capability and will be critical to the successful launch and growth of the broader precious metals business initiative.

Initial Phase Responsibilities:

• Lead the establishment and development of the Precious Metals Operations team


• Collaborate with IT teams to ensure systems architecture and functionality align with operational requirements


• Develop and deliver comprehensive training programs for key internal stakeholders


• Design and implement robust processes and controls in accordance with industry best practices


• Establish effective working relationships with the India-based Settlement team

Expansion Phase Responsibilities: As the business evolves to include physical settlement capabilities, the role will encompass:

• Ensuring appropriate external infrastructure and partnerships are established


• Leveraging existing industry networks to optimize operational efficiency


• Maintaining full compliance with local regulatory requirements across all jurisdictions

Ongoing Operational Leadership: Upon full establishment, this role will serve as the primary business liaison for Precious Metals Operations, facilitating communication between trading desks and operational teams. Core responsibilities will include:

• Funding management and liquidity coordination


• Oversight and governance of India settlement operations


• Management of physical logistics and delivery processes

Skills, experience, qualifications and knowledge required

Essential Experience

• Experience in Financial Services with substantial exposure to precious metals operations


• Comprehensive knowledge of precious metals markets, products, and settlement conventions

Technical Competencies

• Proven experience with settlement systems and processes, including SWIFT messaging protocols


• Advanced Excel proficiency and database management capabilities


• Thorough understanding of regulatory frameworks governing precious metals trading and settlement

Personal Attributes

• Strong analytical and problem-solving capabilities with attention to detail


• Excellent communication and presentation skills, including ability to engage with senior management


• Collaborative leadership style with demonstrated success working across global, cross-functional teams


• Results-driven approach with commitment to continuous process improvement


• Adaptability and resilience in fast-paced environments with strong multitasking and prioritization skills

This role offers an exceptional opportunity to build and lead a new operational function within a leading global investment bank, with significant scope for professional development and business impact.

Nomura competencies

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability

• Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
  
  

Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.

Diversity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.