Job Description

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 t hought leadership. For further information about Nomura, visit www.nomura.com Nomura Services India, (Powai) supports Nomura\'s businesses around the world. Powai\'s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura\'s global operations and are an integral part of Nomura\'s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura\'s global business. Divisional Overview: Global Middle Office (GMO) is a control function focussed on the integrity of key transactional, risk and financial data and reporting. GMO will also perform an Advisory role partnering with the business and management to help deliver the firm-wide strategy. To achieve this GMO will leverage the latest Digital Innovation & Automation (DI&A) opportunities to optimize GMO\'s efficiency and operating model. Key Responsibilities include: . Data Management: Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets . Control: Provide assurance on accuracy of firms financial statements through daily PL validation, Risk Model inputs, Proactive management of internal inventory and collateral obligations to ensure key liquidity / collateral requirements are optimized . Advisory: Provide business support and oversight on new products/transactions, financial resources, liquidity management and trade bookings. Propose and implement FTB process improvements institute performance analytics and help navigate regulatory, industry and account changes Team 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. 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 Specification : Experience - 2 to 7yrs Qualifications -MBA (Finance) + FRM (Preferred) Role & Responsibilities: The deal review process requires in-depth understanding of the trade structure and an ability to comprehend complex transactions and their payoff at different time intervals in order to identify material risks with respect to modelling, booking methodology issues and trade documentation The role requires extensive liaising with the traders, regional stakeholders, documentation teams, Model Validation Group and quants team To furnish various KRIs/ KPIs for senior management Leading regional calls and guide the discussion to arrive at a consensus 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 structured financial products such asCLNs, Repos, tranche based products,Range accruals, Barrier based products,CMS spread etc Good excel skills essentialStrong analytical and problem solving skills Desired Skill Set : Understanding valuation of productssuch as IRS, CDS, CCS, Bonds etc Basic understanding of any digital tool(Python, Alteryx, Power bi etc.) would bean added advantage

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