Job Title:  FIN_Global Middle Office_AN

Job Code:  5949
Country:  IN
City:  Mumbai
Skill Category:  Finance Middle Office
Description: 

 

Finance Middle Office – Product Control - Analyst –Senior Analyst

Nomura Overview:

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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

Nomura Services India, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

 

Divisional Overview:

Global Middle Office (GMO) is a control function focussed on the integrity of key transactional, risk and financial data and reporting. GMO will also perform an Advisory role partnering with the business and management to help deliver the firm-wide strategy. To achieve this GMO will leverage the latest Digital Innovation & Automation (DI&A) opportunities to optimize GMO’s efficiency and operating model. Key Responsibilities include:

  • Data Management:

Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets

  • Control:

Provide assurance on accuracy of firms financial statements through daily PL validation, Risk Model inputs, Proactive management of internal inventory and collateral obligations to ensure key liquidity / collateral requirements are optimized

  • Advisory:

Provide business support and oversight on new products/transactions, financial resources, liquidity management and trade bookings. Propose and implement FTB process improvements; institute performance analytics; and help navigate regulatory, industry and account changes

 

Team Overview:

Product Control Team - EMEA Equity Derivatives- reports T+1 Trading P&L for all the regions across various asset classes. The Primary responsibility for a product controller is to produce P&L for the trading desk, substantiate the P&L numbers, explain the P&L to both the traders and onshore regional controllers and ensure that they maintain a ‘control’ environment.

 

 

Position Specifications:

Corporate Title

Analyst

Functional Title

Senior Analyst

Experience

 2 - 3 years

Qualification

MBA Finance or CA

 

 

Mandatory Skill Set :

  • Broad understanding of the product types
  • traded by the desk and any valuation issues thereof.
  • Ability to understand the booking structure for complex trades and raise relevant issues to Product Control management.
  • Good Logical reasoning skills, ability to apply existing knowledge to take logical approach
  • MS office - Intermediate level
  • Strong presentation skills, ability to communicate clearly and effectively in both oral and written form

 

 

Desired Skill Set :

  • Good understanding of the relationship between Valuations and P&L teams within the bank and the various areas of interaction required
  • Confident in double entry accounting associated with products under their control
  • Good understand of the valuation of all Products under their control.
  • Good communication skills - both oral and written form, basic VBA skills