At a Glance
- Tasks: Join the BRM Product Control team and manage FVA processes across global teams.
- Company: Nomura, a leading financial services firm committed to diversity and inclusion.
- Benefits: Gain valuable experience in finance with a competitive salary and supportive work environment.
- Other info: Opportunity for professional growth in a diverse and inclusive workplace.
- Why this job: Make an impact in a dynamic role while collaborating with senior traders and global teams.
- Qualifications: Product Control experience and a numerate degree preferred; strong numerical skills essential.
The predicted salary is between 60000 - 80000 £ per year.
Key member of the Business Resource Management (BRM) Product Control team. Part of the BRM desk comprised of CVA and FVA, handling counterparty credit and funding risk. Manage the FVA aspect of BRM daily, coordinating across Asia, Japan, US and managing the Global Powai Hub in India. Interact daily with the Global FVA head and other BRM traders in London.
Responsibilities include trade verification, daily PL, ad‑hoc query resolution, KRI reporting, driving change and daily flash. Understand, maintain and enhance processes using XVA knowledge and controls. Partner with Front Office and other control functions to build governance frameworks for bespoke and developing business lines.
Skills, experience, qualifications and knowledge required:
- Product Control experience required.
- Accounting qualification and/or numerate degree preferable.
- Familiarity with credit, rate and FX derivatives.
- Detailed understanding of CSA impact on derivative valuation including CVA & FVA.
- Ability to manage relationships with senior traders, offshore teams, business managers, regulatory reporting, risk management.
- Strong numerical and communication skills, control mindset, and initiative to identify and solve problems.
- Confidence in discussing complex issues with senior individuals.
- Proactive initiative to improve processes and systems.
- Planning and organizational skills to execute priority actions on time, keep stakeholders updated and manage expectations.
Right to Work: The UK Government has taken steps to reduce net migration to the UK by limiting the number of overseas workers. Nomura can consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) only if evidence that this is a genuine vacancy for a qualified role is provided.
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 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. If you require any assistance or reasonable adjustments due to a disability or long‑term health condition, please do not hesitate to contact us.
XVA Product Controller (9 months contract) employer: LGBT Great
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Finance department in London. Our commitment to employee growth is evident through continuous learning opportunities and a diverse environment that values every individual's contribution, making it an ideal place for professionals seeking meaningful and rewarding careers in the financial sector.
