VP, Treasury Specialist (Korea)
- Location
- Seoul, South Korea
- Work model
- On-Site
- Level
- Staff
About this role
Job Title: Treasury Specialist Corporate Title: VP Division: Finance (Corporate Treasury) Location: Korea SFID: 14466 Licensed Role: No Nomura Overview 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 www.nomura.com 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. Global Treasury has a presence in Tokyo Headquarter, New York, London, Frankfurt, Singapore, Mumbai and Seoul, and is supported by an offshore team in Powai, India. The Treasury department comprises three core functions: Funding & Investments, Liquidity Management, and Treasury Data & Reporting. While the primary role for this position is to oversee Treasury matters for the Korea entity, the successful candidate will also gain exposure to Asia ex Japan regional and Global Treasury agendas. Role Description Reporting directly to Korea CFO locally and to Asia ex-Japan Head of Liquidity Management functionally, the VP, 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. A significant portion of the role involves working directly with senior stakeholders across the business, finance, operations and risk to ensure continuous dialogue and review of all matters relevant to Treasury. 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. Understand country specific challenges and communicate with regional and global headquarters. Co-ordinate and lead annual CFP exercises for Korea entity. Development of FTP policies to support commercial decision making, taking into account specific country nuances and cross-border restrictions.
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