Fin Global Middle Office

Year    Mumbai, Maharashtra, India

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 thought leadership. For further information about Nomura, visit 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: Product Control Team reports T+1 Trading P&L for all the regions across various asset classes. The Primary responsibility for a product controller is to produce P&L for the trading desk, substantiate the P&L numbers, explain the P&L to both the traders and onshore regional controllers and ensure that they maintain a \'control\' environment. Position Specifications: Functional Title Senior Analyst /Assistant Manager Experience 1 - 7 years Qualification MBA Finance or CA Role & Responsibilities : To ensure that the daily P & L is accurately reported in compliance with applicable policies. To ensure that all relevant controls are adhered to To ensure that the relevant P&L and Balance sheet positions are correctly reported at monthend and that the applicable reconciliations have been completed and all issues identified are resolved. Analysing PnL attribution and providing commentary on P&L as well as flash v/s actual variance reported To coordinate the completion and delivery of the tasks allocated to the team Discussing various KRI/KPI\'s with onshore stakeholders as well as the local management Involvement in UAT testing for various system enhancements or other change initiatives To ensure that applicable accounting standards are adhered to regarding P&L and BalanceSheet reporting Involvement in training to new joiners as well knowledge sharing with wider team Mandatory Skill Set : Broad understanding of the product typestraded by the desk and any valuation issues thereof Ability to understand the booking structure for complex trades and raise relevant issues to Product Control management. Good Logical reasoning skills, ability to apply existing knowledge to take logical approach while solving new un-seen issues. MS office - Intermediate level Strong presentation skills, ability tocommunicate clearly and effectively in both oral and written form Desired Skill Set : Good understanding of the relationshipbetween Valuations and P&L teams within the bank and the various areas of interaction required. Confident in double entry accountingassociated with products under their control Good understand of the valuation of allProducts under their control Good communication skills - both oral and written form, basic VBA skills

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Job Detail

  • Job Id
    JD3040228
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year