Markets Regulatory Lawyer (Vice President)

Job title: Markets Regulatory Lawyer

Corporate Title: Vice President

Department: Legal

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

Department Overview

The role sits within the Markets Advisory and Documentation Legal Department reporting into the product lead of the Advisory Team. The Advisory Team works closely with the Masters Documentation Team and the Structured Confirmation Team to provide legal and regulatory support across the Global Markets business.

The Advisory Team provides strategic legal advice on derivatives, repo and securities lending documentation, supporting both business growth and regulatory compliance.

The Team provides an intellectually stimulating environment that values collaboration, continuous learning, and professional growth. The department also has a strong charity and diversity focus, with strong encouragement to participate in internal networks or charitable initiatives.

Role Overview

We are seeking an experienced regulatory lawyer to join the Markets Advisory and Documentation Team, (i) providing legal and regulatory advice across Global Markets products, including derivatives, repo and securities lending documentation; (ii) supporting the finance function with CRR compliance; and (iii) reviewing venue agreements and supporting the onboarding function with escalations arising from Nomura’s terms of business.

The successful candidate will play a key role in advising on the interpretation and implementation of UK, European and US regulatory requirements impacting derivatives repo and securities lending documentation. The role requires strong technical expertise, sound legal judgment and the ability to manage complex regulatory questions whilst partnering effectively with various different stakeholders across the organisation.

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 arrangement, 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 ; and
• 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; and
• 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 ; and
• 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 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.

Nomura is an Equal Opportunity Employer