Key Responsibilities

• Provide legal and regulatory advice in relation to derivatives, repo, and securities lending documentation;
• Support the Masters Documentation Team on the more complex questions relating to posting and collecting initial margin and variation margin under different regulatory regimes;
• Advise on the application and implementation of regulatory frameworks, including EMIR, MiFID II, FCA and PRA requirements, and relevant US SEC and CFTC rules;
• Support the Compliance and trade reporting functions with regulatory interpretation of transaction reporting obligations under MiFID and EMIR;
• Provide legal support regarding capital/leverage requirements applicable to derivatives, repo, and securities lending documentation;
• Advise on clearing arrangements, including CCP documentation;
• Draft, review, and negotiate documentation, including terms of business and regulatory disclosures;
• Contribute to legal training and internal knowledge-sharing initiatives relevant to the wider Markets Advisory and Documentation Legal Department;
• Liaise with and manage external counsel as appropriate.

Key Experience And Skills

• Qualified solicitor, barrister, or equivalent legal professional with relevant post-qualification experience;
• Knowledge and experience of derivative, repo, and securities lending documentation;
• Detailed understanding of:
  • UK and EU EMIR obligations;
  • Clearing, reporting, and risk mitigation requirements relevant to derivatives, repos, and securities lending;
  • UK EMIR Margin requirements;
  • MiFID II requirements;
• Strong analytical, problem-solving, and legal advisory skills;
• Ability to manage multiple priorities and deliver high-quality work under pressure;
• Excellent stakeholder management and communication skills.

Desirable Personal Attributes

• Strong attention to detail and commitment to quality;
• Ability to work independently and exercise sound judgment;
• Commercially minded with a pragmatic approach to legal and regulatory issues;
• Strong communication and organisation skills;
• The ability to manage different priorities;
• Committed to continuous learning and professional development.

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 has 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 while 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.

Nomura is an Equal Opportunity Employer.