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, visi 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 focused 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. 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: Corporate Title Analyst Functional Title Analyst Experience 0-2 Qualification MBA Finance Requisition No. Role & Responsibilities: To ensure that the daily P & L is accurately reported to the FO & reconciled between P & L tools & management reporting tools. To ensure that the relevant P&L and Balance sheet positions are correctly reported at month ends and that the applicable reconciliations have been completed and all issues identified/resolved. Providing daily commentary on P&L swings and variance investigation to Front office traders and senior finance managers To ensure that the controls are adhered to. To coordinate the completion and delivery of the tasks allocated to the team. To provide advice to the business on the P&L impact of trades and the interaction of the Front and Back Office systems, especially regarding trades and proposed new workflows. To ensure that applicable accounting standards are adhered to regarding P&L and Balance Sheet reporting. To ensure that Global policies are adhered to at all times and are kept fully up to date with any changes in the business requirements To act as trouble shooter within the team. Mind set required : Strong knowledge of key Financial Reporting Strong analytical skills and detail oriented Broad understanding of the product types traded 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 understanding of the P&L production and reporting methodology for the P&L\'s. Good understanding of the relationship between Valuations and P&L teams within the bank and the various areas of interaction required. Good understand of the valuation of all products under their control Broad overview of Product Control\'s interaction with Regulatory Reporting Confident in double entry accounting associated with products under their control Awareness of all Global Policies that impact the area that they control MS office - Intermediate level Ability to train other members of Finance on the products. Good understanding of the Financial Markets as they relate to the Products under their control. Ability to work to tight daily and monthly deadlines

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Job Detail

  • Job Id
    JD3124869
  • 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