At a Glance
- Tasks: Collaborate with traders to manage P&L and valuation processes in a dynamic financial environment.
- Company: Join Nomura, a global leader in financial services with a rich history since 1925.
- Benefits: Gain valuable experience in finance, with opportunities for professional growth and development.
- Other info: Embrace a culture of diversity and inclusion while enhancing your career in finance.
- Why this job: Make an impact in financial markets while working with innovative structured derivative products.
- 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: P&L & Valuation employer: LGBT Great
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our London office provides employees with unparalleled opportunities for professional growth in the fast-paced financial services sector, alongside a commitment to diversity and inclusion that ensures every voice is heard. With a focus on employee development and a supportive environment, we empower our team members to take initiative and drive meaningful change within the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Structured Rates Product Control Associate: P&L & Valuation
✨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 P&L processes. Show us you know your stuff and can talk confidently about complex issues with senior folks.
✨Tip Number 3
Don’t just wait for job openings; be proactive! Keep an eye on our website and apply directly. It shows initiative and helps you stand out from the crowd.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression and remind them why you're the perfect fit for the role.
We think you need these skills to ace Structured Rates Product Control Associate: P&L & Valuation
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Structured Rates Product Control Associate 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 the easiest way for us to keep track of your application and ensure it gets to the right people. Good luck!
How to prepare for a job interview at LGBT Great
✨Know Your Numbers
As a Structured Rates Product Control Associate, you'll need to be comfortable with complex numerical data. Brush up on your understanding of P&L calculations and valuation methods for structured derivatives. Being able to discuss these confidently will show that you’re ready to tackle the role head-on.
✨Communicate Like a Pro
Strong communication skills are key in this position. Practice articulating complex financial concepts clearly and concisely. You might even want to role-play potential interview questions with a friend to ensure you can explain your thought process effectively, especially when discussing discrepancies or issues with senior stakeholders.
✨Show Initiative
Demonstrate your proactive mindset by preparing examples of how you've improved processes or solved problems in previous roles. Nomura values individuals who take ownership, so come equipped with stories that highlight your initiative and control mindset.
✨Understand the Market
Familiarise yourself with current trends in financial markets, particularly around rates derivatives and hybrid products. Showing that you have a strong interest in the industry will not only impress your interviewers but also help you engage in meaningful discussions about the business performance and market dynamics.
