Project Manager / Business Analyst: SEC Securities Lending Reporting

Corporate Title:            Contractor

Department:                 International Change

Location:                      New York

The pay range for this position at commencement of employment is expected to be between $1000 and $1200/day*

 

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

The International Change team consists of dedicated Program Managers, Project Managers, PM / BAs, and Portfolio Managers with responsibility for global and / or cross-functional projects and programs.  The team provides consistent governance, oversight, and execution activities leading stakeholders in the delivery of business, regulatory, IT transformation and other initiatives for the Firm.  The group uses consistent, standard tools and project life cycle processes for requirements analysis and documentation, test planning and execution, risk and issue management, project status reporting and communications.  Our stakeholders include business sponsors, business unit subject matter experts, legal, compliance and technology partners across Nomura regions and businesses.  International Change is a global consolidated change group and includes several hundred change professionals reporting to the International Change Head.

 

Program description

1. There are several U.S. regulatory projects underway requiring senior PM / BA skills and experience
2. The primary regulatory project related to this role is SEC Securities Lending Reporting (10c-1a), which requires any “covered person” who agrees to a “covered securities loan” on behalf of itself or another person to report to a registered national securities association (“RNSA”), currently FINRA, certain material terms of those loans as well as modifications to those terms within one business day starting 2-Jan-26.
3. The SEC Securities Lending Reporting project requires heavy analysis, planning, governance, execution, and delivery. 
   • The analysis includes rule review and interpretation with legal and compliance; documenting the transactions and attributes in scope for daily delivery to FINRA; identifying relevant transaction source systems; and participating in industry forums (e.g., Financial Information Forum) to incorporate rule advocacy efforts in the overall plan.
   • Other key execution and delivery activities include documenting internal Nomura reporting requirements and target operating model; developing system architecture proposals; and ensuring reporting controls are in place (exceptions, reconciliations, etc.) by the implementation date.
4. There are multiple legal entities in the U.S. and EMEA in scope for SEC Securities Lending Reporting, therefore the role will interface with legal, compliance, operations and other stakeholders across regions to comply.

 

Role description

1. Senior PM / BA conducting project management, analysis and work stream leadership activities reporting directly to the change head of US regulatory programs and projects
2. Responsible for project plan development, documentation, timeline management, resource management and cost management
3. Managing requirements including collating detailed business and functional requirements, associated documentation and sign-offs
4. Propose and document future state business processes / target operating model
5. Functional design of user interfac