Job Title:  Treasury Product Control Associate

Job Code:  15319
Country:  US
City:  New York
Skill Category:  Finance
Description: 

Job Title: Treasury Product Control Associate

Corporate Title: Associate

Department: Finance

Location: New York, NY

 

The pay range for this position at commencement of employment is expected to be between $125K and $140K /year * (see below footnote for additional compensation and benefits information).

 

Company overview

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

 

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

 

Department Overview:

Nomura's Finance department manages the company's financial operations and provides financial guidance to support business decision-making. The team collaborates with senior leadership, business units, and stakeholders to develop effective financial strategies, providing guidance on financial planning, budgeting, forecasting, and analysis to align financial operations with business objectives. Nomura's Finance team specializes in financial reporting, accounting, tax, treasury, and capital management, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Finance department is well-positioned to continue driving growth and success in the financial industry.

 

Role Description:

Product Control is a key function within Nomura's Finance department. The team collaborates closely with trading desks, risk, and global colleagues to manage the balance sheet and P&L reporting for the firm. Product Control guides strategic decisions on financial resources by analyzing daily trading activity and explaining revenue and costs. Controllers develop strong working knowledge of the products they oversee and serve as a central point of contact to provide critical guidance that supports informed business decision-making across the organization. The department provides exposure to diverse financial products and trading strategies while working alongside experienced finance professionals. The team follows a hybrid work arrangement.

Role description:

  • Exhibit strong understanding of the product control function, preferably with treasury or financial resources background
  • Conduct daily Unsecured Funding (UF) analysis and reporting, P&L analysis and commentary, flash-to-actual analysis, front-to-back reconciliations, and verification of manual adjustments
  • Understand FTP charge models and treasury reserves; respond to ad hoc stakeholder queries
  • Collaborate closely with business managers, global Treasury, trading desks, middle office, IT, market risk, financial reporting, and IPV teams
  • Support timely month-end close through balance sheet substantiation, P&L variance explanations to global colleagues, and preparation of financial reporting schedules
  • Contribute to tactical and strategic process improvement projects, including testing and implementation
  • Support book management processes including book opening/closing, dormancy reviews, trading / banking classifications
  • Ensure proper controls are maintained as measured by KRI metrics

 

Skills, experience, qualifications and knowledge required:

  • Minimum 3 years of Product Control experience, with Treasury Product Control background preferred
  • Bachelor’s degree in finance, Economics, or Accounting
  • Strong analytical and problem-solving skills with the ability to quickly digest complex information
  • Team player and self-starter who is proactive, dynamic, and detail-oriented
  • Experience working across global teams and functions, with proven ability to manage and develop junior staff in a global structure
  • Excellent communication and interpersonal skills with the ability to clearly articulate complex issues to management, corporate partners, Global Markets colleagues, and stakeholders across regions
  • Knowledge of digital tools – Alteryx/Power BI
  • Series 99/SIE license or ability to obtain within 3 months of starting

 

Nomura Leadership Behaviors

 

  • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
  • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
  • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
  • Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
  • Inclusion: Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

 

* base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

**US FINANCE ONLY** Applicants f or this position in the Finance Division of NHA must be currently
authorized to work f or any employer in the United States. The Finance Division is not sponsoring or taking
over sponsorship of employment visas f or this posit ion at this time

 

Nomura is an Equal Opportunity Employer


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City