Job Title:  Product Controller

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment 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

Job Title:  Product Controller
Corporate Title:  Vice President
Department:  Finance
Location:  Korea

Department Overview:

The Product Control team is part of the wider Global Middle Office (GMO) team that plays an important role within Finance. The GMO teams include the Product Control, Valuations, Collateral Management and Risk & Operations Middle Office functions.  The Product Control (PC) team is an independent control function that ensures the integrity of Nomura's financial statements. This is through the preparation and independent verification of daily and monthly P&Ls. In addition, PC review trade booking and valuation flows, perform balance sheet reconciliation and substantiation. PC ensures the integrity, completeness and accuracy of all trading Profit and Loss (P&L) positions and related corporate data. The team works closely with various Corporate Functions and the business to enable a robust control framework together with a strong understanding of the business and associated risks.

Role Overview:

The role involves leading the Korea onshore PC team while providing oversight to the onshore Desk PL and position reporting team. The position encompasses coordination of Korea regulatory projects and includes responsibility for supporting regional and global projects as well as new business initiatives. Additionally, the role carries an advisory function, offering strategic guidance and expertise across various aspects of the operation.

Role Description:

• Trade and Position control for Korea desk
• Korea desk support, leading onshore PC line and working closely with regional PC
• Regional/Global projects and new business support
• PC support for Korea Regulatory projects
• NFIK management support via performance analysis
• PC support for resource optimization  
• Advice to Business on day to day and strategic initiatives
• Any other finance tasks which NFIK head of Finance may delegate from time to time

Skills, experience, qualifications, and knowledge required:

• Over 10 years of experience in Finance such as Finance Control, Regulatory Reporting, Product Control and Treasury – required
• PC experience in OTC derivatives business supports - preferred
• College graduate – major in Finance preferred
• Understanding on OTC derivative products – required
• Korean native/fluent - required
• Business English communication skills – required
• Technical competency 

US/Korean CPA- preferred

Nomura Competencies

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 

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer