Job Title:  FIN_Grp Fin Cntrl_AN

Job Code:  14860
Country:  IN
City:  Mumbai
Skill Category:  Finance
Description: 

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.

 

Business Unit Overview:

 

Financial and Capital Reporting (FCR) is a key component of the Finance Department, which has an excellent reputation within the bank and externally. The unit is responsible for ensuring that the firm is adequately capitalised at all times in terms of its risk weighted assets as well as maintaining leverage asset levels under regulatory limits, identifying any threats to the viability of the firm helping the management identify appropriate actions and ensures timely production of key balance sheet metrics as required by regulators. The unit covers areas as follows:

 

  • Group Reporting: Ensuring Financial statements are complete, accurate, prepared in a timely manner, and are in accordance with Generally Accepted Accounting Principles (GAAP) on a legal entity and a consolidated basis.
  • Local Reporting: Ensuring regional regulatory returns are produced and submitted timely covering financial statements, capital ratios, leverage ratio and risk weighted assets on monthly / quarterly / annual basis
  • Daily reporting: Ensuring daily production of capital adequacy components such as counterparty credit risk, market risk, large exposure risk, settlement risk, CVA risk, leverage ratios, management balance sheet to Senior management
  • Finance Policy: Provide guidance and support to the reporting teams on the interpretation of existing and future accounting and capital requirements

 

 

 

 

 

 

 

 

 

 

Role & Responsibilities:

 

 

The role covers responsibilities for running processes and projects, which underpin the internal Regulatory Reporting of the European consolidation group (including the main broker dealer, Nomura International plc). It will include working with colleagues in Mumbai, and London and primarily covers the below:

 

 

  • Capital Adequacy calculation for Nomura's European entities in accordance with CRDIV and Basel III norms

Ø Upstream data validation for all products/source systems

Ø Leverage ratio calculation in accordance with CRDIV and Basel III norms

Ø Analysis of RWA to monitor movements and identifying optimization opportunities

Ø Interaction with Risk for validating Risk numbers.

Ø Interaction with other teams like IT, Ops, LE Controllers and Legal

 

The role will be challenging and will provide a variety of responsibilities covering technical, process & interpersonal skill sets.  It will be an excellent opportunity to develop knowledge of regulatory financial and capital reporting providing a deep insight into financial positions of EMEA entities.

 

Apart from project implementation responsibilities, the role will require the candidate to prepare and analyze UK / EU specific capital and leverage ratios to senior management as per Basel 3 requirements.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Key Skills:

 

 

Mandatory

Desired

Domain

 

  • Financial services industry exposure / good working knowledge in Financial reporting function with exposure to IFRS and US GAAP
  • Capital Market knowledge
  • Excellent communication skills & ability to communicate ideas concisely and clearly
  • Ability to work in stringent deadlines
  • Ability to deliver accurate reports within agreed timelines

 

 

  • Proficiency in bringing issues to closure by keeping all the relevant stakeholders informed.

 

  • Previous experience in Financial reporting / Capital reporting within Investment Banking is preferred
  • Understanding of financial products
  • Self-starter, problem solver and ability to work with minimal supervision

Technical

  • Advanced Excel and PowerPoint skills and ability to learn Finance specific systems
  • Inquisitive mind set with ability to challenge the norm

 

  • Working knowledge with Tableau, Power BI, Alteryx, Excel VBA macros and SQL and ability to self –learn similar new age IT tools