Job Title:  Product Controller

Job Code:  12077
Country:  HK
City:  Central
Skill Category:  Finance
Description: 

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: Product Controller

Corporate Title: Associate

Department: Finance

Location: Hong Kong

 

Department Overview:

The Product Control team is part of the Finance division, working closely with Valuations, Collateral Management, Risk & Operations Middle Office, and other Corporate Functions to support Wholesale business and trading activities.

As an independent control function, Product Control (PC) safeguards Nomura's financial statement integrity through preparation and verification of daily and monthly P&Ls. The team reviews trade booking and valuation processes, performs balance sheet reconciliation, and ensures accuracy of all trading P&L positions and corporate data.

PC collaborates with Risk, Operations, IT, Legal, Compliance, and Finance teams to maintain robust controls while providing management with insights into Wholesale trading performance and key financial metrics.

Under Nomura's mature offshore P&L production model, this onshore role focuses on business liaison, middle office collaboration, and value-added advisory services. Responsibilities include business advisory, performance analysis, balance sheet substantiation, and valuation controls.

The candidate will build strong relationships with trading desks and develop deep understanding of trading strategies to evaluate performance and provide senior management with insights on business performance, challenges, and opportunities.

 

Role Overview:

We are seeking a motivated, self-driven Product Controller to join the Delta One and Prime Business PC team. The successful candidate must demonstrate a strong control mindset and will be responsible for overseeing daily P&L and balance sheet movements across the business. The role requires comprehensive knowledge of equity products and structures commonly traded in Asian markets, along with frequent collaboration with business units and Finance stakeholders.

 

Role Description:

  • Take ownership of timely and accurate calculation, verification, and reporting of daily and month-end P&L. This involves managing relationships and deliverables with the offshore team located in Powai, Mumbai.

 

  • Conduct critical reviews of trading activity to identify and escalate significant items to senior management.

 

  • Collaborate closely with Trading, Banking, Risk, Operations, and other corporate functions to resolve booking, valuation, and financial resource queries and issues.

 

  • Analyze transactions and perform Finance Due Diligence by assessing required financial resources, evaluating trade profitability, and determining return on capital.

 

  • Identify and resolve potential implications relating to legal entity, accounting, treasury, and tax matters.

 

  • Actively participate in new business and product launches and contribute to global finance projects.

 

Skills, experience, qualifications, and knowledge required:

  • Bachelor's degree from an accredited university or professional qualification (e.g., Chartered Accountant, Chartered Financial Analyst)

 

  • Minimum 6 years' experience in Product Control, Valuations, or Big 4 accounting with strong technical knowledge of financial products

 

  • Understanding of US GAAP and IFRS accounting standards

 

  • Proven self-starter with initiative to address issues proactively and confidence in analyzing and presenting complex financial data

 

  • Excellent communication skills for effective interaction with senior stakeholders

 

  • Strong leadership abilities in managing and developing junior team members, with demonstrated success in stakeholder management and driving results

 

  • Strong control mindset with willingness to challenge processes, ask critical questions, and drive continuous improvement and efficiency

 

Nomura Leadership Behaviours

 

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).

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.

 

DISCLAIMERThis 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