At a Glance
- Tasks: Collaborate with traders to resolve P&L discrepancies and manage month-end processes.
- Company: Join Nomura, a global leader in financial services with a rich history since 1925.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Embrace diversity and inclusion in a supportive workplace that values your contributions.
- Why this job: Make an impact in financial markets while developing your skills in a dynamic environment.
- Qualifications: Experience in product control and strong numerical skills are essential.
The predicted salary is between 50000 - 70000 £ per year.
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.
Overview
- Liaise with the Traders to reconcile any differences or discrepancies in P&L and also be confident in dealing with Risk Management, Operations and other departments to resolve issues.
- Take ownership of month-end processes including valuation controls, balance sheet substantiation and reporting to senior trading and finance management.
- Understand business performance and independent price verification of the trading inventory.
- Monitor KRIs and performance thresholds and elevate issues/exceptions/concerns to management for resolution.
- Involvement in new product initiatives and evolution of complex derivative booking models.
Qualifications
- Product control and accounting experience of complex structured derivative products.
Core Skills
- Strong numerical and communication skills, demonstrate control mind-set and take initiative to identify and solve problems.
- Need to demonstrate confidence in discussing complex issues with senior individuals.
- Need to demonstrate pro-actively using initiative to improve processes and systems.
General Competencies
- An understanding of rates derivatives including options and hybrid products.
- Familiarity with IR derivatives.
- Strong interest in Financial Markets and Banking.
- Ability to face off with key business stakeholders.
Nomura competencies
- Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
- Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
- Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
- Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
Inclusion
Respect DEI, foster a culture of psychological safety in the workplace and cultivate a 'Risk Culture' (Challenge, Escalate and Respect).
Diversity & Inclusion
Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.
Structured Rates Product Control (Associate) employer: LGBT Great
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through continuous professional development opportunities and a strong emphasis on diversity and inclusion, ensuring that every voice is heard and valued. Located in the heart of the financial district, our team enjoys a vibrant environment that not only challenges them but also rewards their contributions with competitive benefits and a supportive community.
StudySmarter Expert Advice🤫
We think this is how you could land Structured Rates Product Control (Associate)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Nomura. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of structured derivatives and financial markets. Be ready to discuss how your skills align with the role and show off that control mindset!
✨Tip Number 3
Don’t just wait for job openings—be proactive! Keep an eye on our website for new roles and apply as soon as they pop up. The early bird gets the worm, right?
✨Tip Number 4
Show your enthusiasm for the company culture. Nomura values diversity and inclusion, so be sure to highlight any experiences that demonstrate your commitment to these values during your conversations.
We think you need these skills to ace Structured Rates Product Control (Associate)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Structured Rates Product Control role. Highlight your product control and accounting experience, especially with complex structured derivative products. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about financial markets and how your background makes you a great fit for Nomura. Don’t forget to mention your strong numerical and communication skills!
Showcase Problem-Solving Skills:In your application, give examples of how you've identified and solved problems in previous roles. We love candidates who take initiative and can demonstrate a control mindset, so make sure to highlight these experiences!
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to us. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at LGBT Great
✨Know Your Numbers
Brush up on your numerical skills and be ready to discuss complex structured derivative products. Make sure you can confidently explain P&L reconciliation and valuation controls, as these are key aspects of the role.
✨Communicate with Confidence
Practice articulating your thoughts clearly and concisely. You’ll need to discuss intricate issues with senior individuals, so being able to convey your ideas effectively will set you apart.
✨Show Initiative
Demonstrate your proactive mindset by preparing examples of how you've improved processes or solved problems in previous roles. This will highlight your control mindset and ability to take ownership.
✨Understand the Business
Familiarise yourself with Nomura’s business divisions and their impact on financial markets. Showing a strong interest in rates derivatives and the broader financial landscape will resonate well with the interviewers.
