Job Title:  Product Controller

Job Code:  8340
Country:  SG
City:  Singapore
Skill Category:  Finance
Description: 

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:  Singapore

 

Department overview:
Finance Asia ex-Japan provides support to the Sales & Trading Front Office and ensures that business activities are carried out in an efficient, controlled, risk-free and timely manner. The Asia ex-Japan region has over 150 people based in Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, Singapore and Taiwan

 

The IWM product control team akin to Private Banking Finance provides a wide range of support to International Wealth Management business covering a broad range of products based in Singapore. The Product Control team (within Global Middle Office) at Nomura goes beyond the core Product Control responsibilities and acts as a key Finance advisory function to the business (eg. Financial Resource usage, legal entity booking model, bespoke transaction setup & approval, business analysis, technical projects, cross-functional liaison, business MIS, legal entity transfer pricing etc.) 

 

Role description:

  • Responsible for International Wealth Management business commensurate to Private Banking Finance.
  • Take ownership, and be accountable for the timely and accurate calculation, verification, reporting of daily P&L and MI to internal stakeholders.
  • Interaction with Business, Operations, Risk, Treasury, FC&R, CMA, Valuations and other functions to resolve booking, valuation, accounting, financial resource and management reporting queries.
  • Undertake critical reviews and analysis of IWM business activity with the objective of highlighting significant items to senior management.
  • Undertake various month activities which includes Balance Sheet substantiation, transfer pricing, MIS/KPI, EOM financial reporting and validation of key senior management metrics.
  • Support cross assets onboarding initiatives across wider firm booking platform as well as assessing legal entity suitability. Additionally, review of new transactions to be done by the Business that involves going through Committee


Skills, experience, qualifications, and knowledge required:

  • Bachelors Degree or Accounting Qualification. 
  • Minimum of 8 years’ experience in a regional product control within Private Banking
  • Experience within Private Banking accounting practices, balance sheet substantiation, transfer pricing and MI reporting. 
  • Experience with Avaloq banking suite.
  • Strong understanding of legal entity and management reporting controls. 
  • Should wear a control hat always and be able to question/challenge the business to gain clarity.
  • Strong MS Office skills (Excel, Powerpoint), able to present data in a readable format within a reasonable timeframe.  Basic knowledge of digital tools (Power BI, Alteryx etc).
  • Self-driven with strong analytical, communication and problem-solving skills, combined with well-developed inter-personal skills, and independent.
  • Strong project management and communication skills with willingness to drive PC focused initiatives across Business lines 
  • Team player, proactive and self-starting, able to navigate across and manage multiple stakeholders to achieve the desired result.

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.

 

DISCLAIMERThis 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