Job Title: FIN_Grp Fin Cntrl_AS
Financial and Capital Reporting – 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:
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:
Finance 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 against 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.
• External 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
Position Specifications:
Corporate Title -Analyst / Senior Analyst
Functional Title Analyst
Experience-0 - 2 years
Qualification-CA / CFA / MBA (Finance) & FRM is a plus
Role & Responsibilities :
The role covers responsibilities for running processes and projects in the daily reporting team, which underpin the internal Regulatory Reporting of the European consolidation group and its regulated subsidiaries. It will include working with colleagues in Mumbai, London, Frankfurt and Paris.
The role will encompass production of key capital adequacy metrics as per Basel III rules including:
•Calculation covering standardized approaches for counterparty credit risk, market risk, settlement risk and capital deductions.
•Responding to business / management driven queries & requests
•Large Exposure calculation in accordance with CRDIV and Basel III norms
•Analysis of RWA to monitor movements and identifying optimization opportunities
•Development of daily MI through new age BI tools such as Alteryx and Power BI / Tableau.
•Interaction with Risk management for validating Risk inputs.
•Interaction with other teams like IT, Ops, LE Controllers and Legal
•Defining business requirements for IT implementation in case of new projects / process enhancements
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.
Mandatory Skill Set :
•CA Fresher with strong Accounting Skills
•Strong analytical skills
•Financial services industry exposure / good working knowledge in reporting function
•Excellent communication skills & ability to communicate ideas concisely and clearly
•Excel and PowerPoint skills and ability to learn Finance specific systems
•Inquisitive mind set with ability to challenge the norm
Desired Skill Set :
•Exposure to RWA, Capital reporting within Investment Banking
•Understanding of different Financial instruments
•Proficiency in bringing issues to closure by keeping all the relevant stakeholders informed
•Self-starter, problem solver and ability to work with minimal supervision
•Exposure to RWA, Capital reporting within Investment Banking
•Understanding of different Financial instruments
•Proficiency in bringing issues to closure by keeping all the relevant stakeholders informed
•Self-starter, problem solver and ability to work with minimal supervision