Job Title:  Credit Product Controller

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

Job Title:  Credit Product Controller
Corporate Title:  Vice President
Department:  Finance
Location:  Hong Kong

Department overview:
Nomura's Global Middle Office "GMO" provides trade support and also acts as a controller for the trading desk. The Credit businesses supported by the function include Primary Syndication, Flow Credit Trading, Repo Trading and Structured Credit. GMO’s primary responsibility as a control function is ensuring accuracy and completeness of P&L and Balance Sheet reporting. The function also provides insight to management by working closely with traders to understand their trading strategies and risks. 

Role description:
The candidate will act as the face-off between the Trading desk and other departments as well as drive strategic change, identify and remediate control risks, and ensure compliance with audit and regulatory standards.

Responsibilities:

• Analysis, explanation and validation of P&L and Balance Sheet drivers according to positions, risk, market moves, new trades and other influences. 
• Facilitate periodic P&L and Balance sheet commentaries to senior management and MI teams.
• Represent finance in an advisory role on new transactions and new products by assessing them on resource and return metrics, infrastructure capabilities and operational support.
• Work closely with functions in Finance such as Accounting policy, Valuations, Financial and Resource controllers, Treasury etc on structured transactions with particular focus on day 1 revenue recognition and Accounting under USGAAP and IFRS.
• Managing and maintaining onshore and offshore team’s relationship in an effort to optimize resource usage, workload allocation and adherence to KPI/KRI standards
• Continual assessment of control framework to ensure that sufficient controls are in place to minimize/mitigate operational risks
• Supervisory oversight on various month end procedures, inclusive of Balance Sheet substantiation.
• Build a strong network across multiple departments within the firm such as Trading, Risk, Technology and Operations with the goal to help streamline front to back processes.
• Actively contribute in or process change initiatives through collaboration with other departments. 
• Drive automation and digitalization initiatives to improve productivity and enhance controls

Skills, experience, qualifications, and knowledge required:

• An undergraduate degree in accounting. Further professional qualifications, such as CFA, CPA, CIMA, ACA would be preferred.
• Minimum 7 years' previous experience in Product Control, with strong technical knowledge of the products and their valuations.
• Strong Microsoft Office skills, particularly Excel. Knowledge in VBA, Python, Power BI and Alteryx is preferred.
• Individuals with proven track record of taking initiative to address issues as they arise and confident in analyzing and presenting complex financial data.
• Strong written and verbal communication skills for effective interaction with front office, middle office, operations and other finance colleagues.
• Proactive team player with the ability to navigate effectively across multiple stakeholders and display leadership qualities to bring stakeholders together to achieve the desired result
• Well-developed inter-personal skills

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