Job Description

Nomura OverviewNomura is a Global 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 three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit [ Link removed ] [ Link removed ] Department Overview: The Credit Product Control team is part of the wider Global Middle Office team that plays an important role within Finance. It includes the legacy 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.Global Middle Office work closely with the Wholesale division supporting the business and their trading activities. They also work closely with Risk, Operations, IT, Legal and Compliance as well as other functions within the Finance division. GMO provide management with valuable insight into the Wholesale trading performance and key financial information. The team reports locally in to the AEJ Deputy CFO and globally into the Global Head of Middle Office.Nomura operates a mature offshore PL production model meaning the onshore role is focussed on liaison with the business, working closely with the middle office trade validation team and value add advisory work. The role of the onshore team spans business advisory, performance analysis, balance sheet substantiation and valuation controls. The candidate will need to maintain close working relationships with the trading desk and develop a deep understanding of the business' trading strategies to evaluate desk performance and provide insight to the firm's senior management on business performance, challenges and opportunities.Role: We are looking for an enthusiastic self-driven Product Controller to join the Credit PC team supporting the Loans and Principle Investments trading desk within AEJ Global Markets division. This team is responsible for core financial control function, Independent Price Verification, FinanceDue Diligence of new transactions, and general business advisory to the principle trading desk.The candidate should have a sound knowledge of credit products, good sense of valuation technics and strong commercial acumen. Communication, analytical, control mind-set and leadership are essential to succeed in this role.The candidate will work closely with Front Office on transaction lifecycle management, valuation review, and be involved with review of new transactions, and to assess its consumption of financial resources.Responsibilities: Responsible for timely and accurate calculation, verification, reporting of Daily, and Monthend reporting. This would be performed in conjunction with an offshore team located in Powai, Mumbai, requiring the individual to manage the offshore team relationships and deliverables. Perform regular analysis on the portfolio to ascertain whether the valuations are appropriate. This will include monitoring of the portfolio and assessing whether any markup / mark downs should be applied which will be discussed with senior management. Undertake critical reviews of trading activity with the objective of highlighting significant items to senior management. Applying strong interpersonal skills, the individual will work closely with Trading, Banking, Risk, Operations and other corporate functions to resolve booking, valuation, and financial resource enquiries and issues. Understand and critically analyse new financing transactions and perform Finance Due Diligence, by understanding the financial resources required on the trade, assess profitability of the trade in context of return on such resources. Identifying and resolve potential implications on Legal entity, Accounting, Treasury and Tax matters. Ensure accurate P&L attribution, and produce high quality MI of trading desk performance by project. Support regional and global digital tool and automation initiatives. Identify and drive automation opportunities to enhance control and improve efficiency.Requirements: Minimum a Bachelor degree in Accounting, Economics, or Mathematics. Minimum 4 years Product Control experience covering credit products Minimum 2 years of experience with valuation techniques of illiquid products, private equity, distressed debt, mortgages, and other alternative products. Additional professional qualifications, i.e. CFA, CPA, CIMA, ACA will be a plus. Proven self-starter showing initiative to address issues as they arise and confidence in analysing and presenting complex financial data. Excellent communication skill for effective interaction with senior stakeholders. Demonstrate strong leadership and entrepreneurial spirit. Proven track record of providing value added services. Strong control mind set, and not afraid to ask questions, challenge the status quo and suggest changes and re-invent the process.Regional Disclaimers / Diversity StatementNomura 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 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 timeTS ID: 1215040
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