Job Title:  FIN_Global Middle Office_AS

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 is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on

orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people. 

Divisional Overview: 

The core responsibility of the Product Control group is to develop and maintain a strong control infrastructure around the revenue generating capabilities of the firm. Product Control seeks to challenge and partner the business in order to optimize financial returns. 

The core responsibility of the Capital Markets Product Control group is to develop and maintain a strong control Infrastructure around the revenue generating capabilities of the firm. Product Control seeks to challenge and Partner the business in order to optimize financial returns. 

Business Unit Overview: 

The IWM product control team akin to Private Banking Finance provides a wide range of support to International Wealth Management business covering a broad range of products based in Singapore. The Product Control team

(within Global Middle Office) at Nomura goes beyond the core Product Control responsibilities and acts as a key Finance advisory function to the business (eg. Financial Resource usage, legal entity booking model, bespoke transaction setup & approval, business analysis, technical projects, cross-functional liaison, business MIS, legal entity transfer pricing etc.) 

Position Specifications: 

Experience :6+ years PC experience in Investment Banking (IBD)/International Wealth Management (IWM)

Qualification :MBA (Finance)/ CFA / CA

Role & Responsibilities: 

• We are looking for an enthusiastic self-driven Product Controller to join the Wealth
• Management PC team.
• The individual needs to demonstrate strong Control mindset and will be responsible for providing oversight of daily P&L and balance sheet movements of the business.
• We would require the individual to be well versed with Equities, Fixed Income products and structures commonly seen in the Asian markets. The role requires frequent interaction with business and stakeholders across Finance.
• Responsible for International Wealth Management business commensurate to Private
• Banking Finance. Take ownership, and be accountable for the timely and accurate calculation, verification, reporting of daily P&L and MI to internal stakeholders.
• Interaction with Business, Operations, Risk, Treasury, FC&R, CMA, Valuations and other   functions to resolve booking, valuation, accounting, financial resource and management reporting queries including follow up Undertake critical reviews and analysis of IWM business activity with the objective of highlighting significant items to senior management.
• Undertake various month activities which includes Balance Sheet substantiation, transfer pricing, MIS/KPI, EOM financial reporting and validation of key senior management metrics.
• Supporting team in managing automations including process walkthroughs for developers, supporting in testing and completing related documentation
• Proactively Identifying the opportunities for process automation/reengineering and taking these to logical conclusion post approval from management as well as onshore stakeholders
• •Training new joiners/junior members and providing guidance to junior team members in   handling unusual breaks/queries

 Mandatory Skill Set :

• Demonstrates a good uderstanding features & payoff) of financial products such as Forwards, Swaps, Futures & Options (including exotic options), and       Demonstrates an expert-level understanding of various pricing / valuation methodologies the relevant greeks and sensitivities involved.          
• Strong communication skills and attention to details         
• Knowledge of Database e.g.: SQL, MS Access    
• Technical Experience within Private Banking accounting practices, balance sheet substantiation, transfer pricing and MI reporting. 
• Experience with Avaloq banking suite.

Desired  Skill Set :

• Demonstrates an expert-level understanding of various pricing / valuation methodologies