Nomura India | Product Management

About the team

You will specialize in areas such as Managed Investments Solutions, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management, leveraging data-driven insights to inform decision-making processes.

Responsibilities

• We are seeking an experienced and dynamic Senior Business Analyst/Product Owner to join our Wealth Management Business Transformation team.
• In this pivotal role, you will be at the forefront of driving change and innovation within our wealth management division, working on high-impact projects that shape the future of our business.
• This role focuses on delivering multi-asset investment platform solutions that bridge product strategy and sales engagement, while ensuring robust compliance and operational excellence.
• Lead investment solutions and advisory platform implementation and enhancement initiatives spanning Capital Markets products and Managed Investment Solutions.
• Drive platform capabilities for investment advisory, portfolio construction, order management, execution, and trade lifecycle processes.
• Bridge the gap between product strategy teams and sales/advisory engagement by translating product initiatives into actionable platform requirements.
• Support onboarding of new investment products and solutions across asset classes onto the platform.
• Manage investment platform integrations for listed securities, OTC derivatives, structured products, and managed portfolio solutions.
• Build and enhance compliance guardrails for investment disposition and suitability checks across all investment products.
• Define requirements for automated pre-trade suitability assessments, risk profiling, and investment mandate compliance.
• Work with Compliance and Legal teams to translate regulatory requirements into platform controls.
• Ensure platform enforces proper disclosure requirements and best execution principles.
• Define and prioritize product backlog for investment platform initiatives based on business value, product strategy priorities, and sales needs.
• Create detailed user stories with acceptance criteria for investment advisory, product onboarding, and compliance functionality.
• Work with development teams in Agile/Scrum environment to deliver incremental value.
• Manage stakeholder expectations across Product Strategy, Sales, Operations, and Technology.
• Lead UAT for investment platform releases, defining scope, test scenarios, and success criteria across investment products.
• Coordinate testing with investment advisors, product specialists, operations, and compliance teams.
• Manage defect resolution, track progress, and provide UAT sign-off upon meeting quality and regulatory standards.
• Support project planning, tracking, and reporting across investment solutions and advisory platform initiatives.
• Maintain comprehensive project documentation including requirements traceability and business process maps.
• Act as liaison between product strategy teams and sales/advisory community to ensure platform meets business needs.
• Gather, analyze, and document business requirements from Product Strategy, Sales/Advisory teams, Investment Specialists, and Wealth Planning.
• Translate complex investment product requirements and sales engagement needs into functional specifications and user stories.
• Perform gap analysis and impact assessments for order management, trade capture, position management, and reporting enhancements

Requirements

• 5+ years of experience in Business analysis or Product Owner roles, with at least 3+ years with specialization in the wealth management financial services sector.
• Strong understanding of wealth management products, services, and regulatory environment, particularly in Managed Investments, Private Markets, Portfolio Management, Investment Advisory, and Discretionary Portfolio Management.
• Minimum 3 years hands-on experience with Avaloq or similar core banking system, specifically in order and trade capture, position management, and portfolio workflows.
• Proven track record of successfully delivering large-scale transformation projects in the wealth management domain engaging cross-functional divisions.
• Excellent analytical and problem-solving skills, with the ability to translate complex financial concepts into actionable insights.
• Advanced proficiency in Microsoft Office suite, particularly Excel and PowerPoint.
• Experience with business process modelling tools (e.g., Visio, BPMN) and financial modelling techniques.
• Familiarity with Agile methodologies and project management tools (e.g., JIRA, Confluence).
• Outstanding communication and interpersonal skills, with the ability to influence and negotiate at all levels of the organization.
• Certified Business Analysis Professional (CBAP) or similar certification is preferred.
• Strong data analysis skills, including proficiency in programming exposure in SQL, Python for data manipulation and business analytics.
• Experience with data visualization tools such as Tableau, Power BI, or QlikView.
• Strategic thinking and ability to see the big picture in complex financial landscapes.
• Attention to detail and commitment to high-quality deliverables in investment analysis and reporting.
• Strong leadership and team collaboration skills, particularly in cross-functional projects.
• Data-driven decision-making skills, with the ability to derive meaningful insights from complex financial data sets.

Nomura

Nomura is a Japanese financial services group, founded in 1925 and headquartered in Tokyo, with a network spanning around 30 countries and regions. Its business is organised into four divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

In India, Nomura Services India in Powai, Mumbai supports the group's global businesses with teams in financial control and reporting, risk management, operations, research, trading support, compliance, legal and technology. Roles in financial control, product control, regulatory reporting, risk, audit and operations there suit chartered accountants, ACCA and CFA professionals and MBA (Finance) graduates.

• Industry: Global investment banking and financial services
• Headquarters: Tokyo, Japan (Nomura Holdings, Inc.)
• In India: Nomura Services India in Powai, Mumbai, a large centre supporting the group's businesses worldwide, with further offices in Mumbai and Gurugram