JOB DESCRIPTION
Job title: Liquidity Manager
Corporate Title: VP
Department: Finance
Location: Frankfurt
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:
Nomura's Finance department manages the company's financial operations and provides financial guidance to support business decision-making. The team collaborates with senior leadership, business units, and stakeholders to develop effective financial strategies, providing guidance on financial planning, budgeting, forecasting, and analysis to align financial operations with business objectives. Nomura's Finance team specializes in financial reporting, accounting, tax, treasury, and capital management, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Finance department is well-positioned to continue driving growth and success in the financial industry.
As part of Nomura's European expansion, you'll experience the best of both worlds: the operational discipline and long-term perspective of a Japanese financial institution combined with the dynamism and entrepreneurial spirit of European markets. This unique cultural blend creates an environment where thoughtful resource management coexists with innovative problem-solving.
Join a high-calibre team of experienced Treasury professionals with backgrounds from leading global banks. The Continental Europe Liquidity Management Team works in close partnership with our London EMEA Treasury hub, creating a collaborative environment where knowledge sharing and professional development are prioritized.
Role Description:
Join Nomura Financial Products Europe (NFPE) as Vice President - Liquidity Manager, a pivotal role managing liquidity, funding, and regulatory compliance across our €20bn European balance sheet. Based in Frankfurt, you will serve as a senior member of the Continental Europe Liquidity Management Team, reporting directly to the Head of Liquidity Management and working in close partnership with our London EMEA Treasury hub and Nomura Group Treasury.
This VP-level position offers a unique combination of strategic influence and operational accountability. As the designated representative for the Head of Liquidity Management, you will advise business units and senior leadership on liquidity implications of strategic initiatives while ensuring robust governance and regulatory compliance. You will hold direct submission authority for regulatory liquidity reporting to the Bundesbank, positioning you as the primary regulatory interface for NFPE liquidity matters.
This is an exceptional opportunity to work at the intersection of Japanese, European, and global regulatory frameworks, gaining exposure to cross-border liquidity management challenges unique to internationally active banking groups. You will shape liquidity frameworks for Nomura's growing EU operations with direct visibility to C-suite executives, regulatory authorities, and regional leadership.
Key objectives critical to success:
Strategic Leadership & Governance:
- Own and continuously enhance NFPE's liquidity management governance framework, driving improvements in documentation, controls, and process efficiency to strengthen robustness of Finance processes
- Act as designated representative for the Head of Liquidity Management on liquidity matters, exercising delegated authority during absences or as assigned
- Advise senior management and business units on liquidity implications of strategic initiatives, business transactions, change management efforts, and day-to-day operations
- Monitor evolving EU and German regulatory landscape (CRR/CRD), proactively assess impact on NFPE operations, and drive implementation of necessary process adaptations
Regulatory Accountability & Reporting:
- Hold direct submission authority for regulatory liquidity reporting to Bundesbank Extranet, serving as primary regulatory interface for NFPE liquidity matters
- Coordinate and perform review of regulatory liquidity reporting submissions (LCR, ALMM, NSFR, Asset Encumbrance, IRRBB), ensuring accuracy, completeness, and timely submission
- Prepare presentations and materials for senior management and regulatory bodies, clearly articulating liquidity positions, stress testing results, and regulatory developments
- Coordinate regulatory engagement and supervisory interactions related to Treasury activities in NFPE
Liquidity & Risk Management:
- Execute daily liquidity management across €20bn balance sheet spanning multiple legal entities, ensuring compliance with external and internal minimum requirements while considering NFPE's business plan and cost optimization
- Monitor and control liquidity risk exposures, ensuring all risks are adequately reflected in Liquidity Stress Testing and Unsecured Funding Framework
- Review and validate Group-developed liquidity stress testing models (MCO framework) for NFPE-specific application, ensuring alignment with local regulatory requirements and business profile
- Monitor and control outsourced tasks and deliverables along specified KPIs and KRIs
Operational Excellence & Collaboration:
- Adhere to EMEA Finance Operating Model by delivering assigned tasks within the joint Treasury Book of Work between London and Frankfurt Treasury Teams for both Liquidity Management and Regulatory Reporting
- Maintain robust documentation and control environments for all processes under your responsibility, supporting internal and external audit requirements
- Coordinate with internal and external auditors, providing documentation and responding to inquiries on liquidity management practices
- Maintain strong working relationships with Front Office, Middle Office, and support functions, ensuring Treasury considerations are integrated into business decisions
- Continuously identify and implement process improvements to strengthen robustness and efficiency of liquidity management and regulatory reporting processes
Project Leadership:
- Support, drive, and direct implementation of strategic projects with relevance to Treasury and Finance functions as required
- Lead specialized initiatives with visibility across regional and global leadership
Skills, experience, qualifications and knowledge required:
Professional Experience:
- 10-15+ years of progressive experience in treasury, liquidity management, or balance sheet management within investment banking, broker-dealer, or global banking environments
- Demonstrated experience managing liquidity for regulated financial institutions, with direct exposure to regulatory reporting and supervisory interactions
- Proven track record operating at VP level or equivalent, with experience presenting to senior management and/or regulatory bodies
- Prior experience in European banking operations with understanding of multi-entity, cross-border liquidity management preferred
Education & Technical Expertise:
- Bachelor's degree in Finance, Economics, Mathematics, or related quantitative field (Master's degree or MBA preferred)
- Deep understanding of EU regulatory banking framework (CRR/CRD, BRRD) and liquidity regulatory metrics and requirements (LCR, NSFR, ALMM, Asset Encumbrance, IRRBB, ILAAP)
- Advanced proficiency in Excel for financial modelling and analysis (required)
- Experience with treasury management systems and regulatory reporting platforms (COREP, FINREP, Bundesbank Extranet preferred)
- Working knowledge of data visualization and analytics tools (PowerBI, Alteryx, or similar) preferred
- Familiarity with liquidity stress testing methodologies and frameworks (MCO or equivalent)
Core Competencies:
- Exceptional analytical capabilities with ability to synthesize complex liquidity and regulatory issues into clear, actionable insights for senior stakeholders
- Outstanding written and verbal communication skills, with proven ability to prepare board-level materials and regulatory submissions
- Strong executive presence and credibility to represent Treasury function with business units, senior management, and external regulators
- Demonstrated ability to operate effectively in highly scrutinized, regulated environment with meticulous attention to detail and governance
- Proven capability to coordinate across multiple business lines, legal entities, regions, and time zones in a matrixed organization
- Resilience and composure under pressure; ability to prioritize competing demands and drive initiatives to completion
- Proactive problem-solver with continuous improvement orientation
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).
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
Nomura is an Equal Opportunity Employer