About the Role
This role provides legal and regulatory advice across Global Markets products, including derivatives, repo, and securities lending documentation. It supports the finance function with CRR compliance and reviews venue agreements, assisting with escalations from Nomura’s terms of business. The successful candidate will advise on the interpretation and implementation of UK, European, and US regulatory requirements impacting derivatives, repo, and securities lending documentation, requiring strong technical expertise, sound legal judgment, and effective stakeholder management.
Responsibilities
- Provide legal and regulatory advice in relation to derivatives repo and securities lending documentation
- Support the Masters Documentation Team on 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
- Liaise with and manage external counsel as appropriate
Requirements
- 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
- Detailed understanding of Clearing, reporting and risk mitigation requirements relevant to derivatives, repos and securities lending
- Detailed understanding of UK EMIR Margin requirements
- Detailed understanding of 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
Skills
- Derivatives documentation
- Repo documentation
- Securities lending documentation
- EMIR obligations
- MiFID II requirements
- Regulatory frameworks
- Analytical skills
- Problem-solving skills
- Legal advisory skills
- Stakeholder management
- Communication skills
Location
- London
Work Type
- Full-time
Experience Level
- Vice President
- Experienced regulatory lawyer
- Relevant post-qualification experience
Education Level
- Qualified solicitor, barrister or equivalent legal professional
About the Company
- Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions.
- The firm connects markets East & West, servicing clients through Wealth Management, Investment Management, and Wholesale divisions.
- Founded in 1925, Nomura is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.
Equal Opportunity
- 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
