Job Title: FIN_Global Middle Office_AS
Finance - Finance Middle office FGS Product Control – IPV Python Developer
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.
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 grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual 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:
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
Business Unit Overview:
Valuation projects are part of Nomura India Finance function looking into new projects for Global valuations. Team mainly works on strategic projects within Finance-valuations that vary across regulatory, IPV Testing, daily revaluation etc. This team also supports Finance Powai IPV team with automation, creating efficiencies, maintaining existing projects.”
Position Specifications:
Experience |
4yrs- 5yrs |
Qualification |
Degree in Computer Science, Finance or any related field’ |
Role & Responsibilities:
- Collaborate with Global head and Regional heads of Valuations to understand project requirements
- Help in development of new project initiatives by Powai Valuations Head
- Manage projects (outside IT framework) developed by Projects team for Global Valuations.
- Conceptualize and develop automated solutions for IPV processes
- Create tools and analytical frameworks of regular and ad-hoc reporting using Python § Help onshore team with ad-hoc requests/analysis
Mandatory Skill Set
- Basic knowledge of financial markets
- Expert Python programming skills
- A very good understanding of Data Structures and Algorithms
- Has worked with APIs and Databases
- Excellent communication skills and attention to detail
- Familiarity with Git
Desired Skill Set
- Exposure to derivative products
- Projects involving financial data
- Knowledge of advanced statistical concepts
- Experience working on projects involving financial market data
- A good understanding of financial products including derivatives
- Has worked on Data Virtualization projects