Job Title:  Finance Support

Job Code:  4225
Country:  IN
City:  Mumbai
Skill Category:  Finance Middle Office
Description: 

Finance  Middle Office  Structured Deal Review  Analyst  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. 

 

 

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:

 

The Structured Deal Review process is one element of a wider control framework that ensures the accuracy of trade bookings and the correct representation of trades in the risk booking systems. It validates that, for all in-scope deals, all economic parameters captured in the trade booking are thoroughly reviewed, documented and recorded.

 

Specifically the deal review process addresses the risk of booking errors or misrepresentation in books & records for trades where there is no direct link between the trade ticket and the final trade confirmation, together with other non-standard trade types as defined in the Global Deal Review Policy.

 

Position Specifications:

 

Corporate Title

Analyst

Functional Title

Analyst / Senior Analyst

Experience

2  to 5 Yrs

Qualification

MBA (Finance)+ FRM (Preferred)

 

 

Role & Responsibilities:

  • The deal review process requires in-depth understanding of the trade structure of exotic financial products as well as expected payoffs at different time intervals in order to identify material risks with respect to booking methodology issues and trade documentation. Propose  booking methodology and documentation amendment
  • Perform scenario testing to ensure the model accurately captures the cash flow at different  time intervals.
  • To ensure the model is capable of handling all the contractual features of a trade.
  • The role requires extensive liaising with the traders, regional stakeholders, documentation  teams, Model Validation Group and quants team
  • To generate various control MIS related to deal review
  • To furnish KRIs/ KPIs to senior management
  • To develop automated solutions in order to carry out deal reviews and associated processes to further strengthen the controls.

 

Mandatory Skill Set :

  • Good knowledge and understanding of financial products such as options, CDS, Securitized products, IRS etc.
  • Understanding of the fundamentals of options and option pricing.  Knowledge of Option Greeks, yield curve, forward rates, discounting is required.
  • Good excel skills essential Strong analytical and problem solving skills

 

Desired Skill Set :

  • Understanding of exotic derivative products such as barrier options, range accrual securities, CLNs etc.
  • Identifies and pursues innovative business initiatives
  • Knowledge of Python, Alteryx, Power BI etc. would be an added advantage