Job Title:  FIN_Global Middle Office_AN

Finance Middle Office – Product Control - Analyst – Assistant Manager

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:

The Corporate finance team performs global and seamless Finance operations including trading and product control, Group financial reporting and disclosure, management information and reporting for decision support, planning and development of financial strategy including funding policies and financial analysis, funding and cash management, tax planning and reporting, investor relations management, and much more.

Team Overview:

Product Control Team 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:

Experience : 2 - 7 years

Qualification :MBA Finance or CA

Role & Responsibilities:

• To ensure that the daily P & L is accurately reported in compliance with applicable policies.
• To ensure that all relevant controls are adhered to
• To ensure that the relevant P&L and Balance sheet positions are correctly reported at month end and that the applicable reconciliations have been completed and all issues identified are resolved.
• Analyzing PnL attribution and providing commentary on P&L as well as flash v/s actual variance reported
• To coordinate the completion and delivery of the tasks allocated to the team
• Discussing various KRI/KPI’s with onshore stakeholders as well as the local management Involvement in UAT testing for various system enhancements or other change initiatives
• To ensure that applicable accounting standards are adhered to regarding P&L and Balance       
• Involvement in training to new joiners as well knowledge sharing with wider team

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 while solving new un-seen issues
• 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