At a Glance
- Tasks: Lead the Equities Product Control team and manage daily trading reports.
- Company: Join Nomura, a global financial services leader with a collaborative culture.
- Benefits: Competitive salary, diverse opportunities, and a focus on work-life balance.
- Other info: Embrace a culture of diversity and inclusion with excellent career growth potential.
- Why this job: Make an impact in a dynamic environment while working with innovative financial products.
- Qualifications: Experience in product control and strong stakeholder management skills required.
The predicted salary is between 80000 - 100000 £ 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.
Product Control is a key function within the Finance department, interacting with virtually every part of the firm's businesses, products and technology systems. Product Control is primarily responsible for understanding, substantiating and controlling the daily trading balance sheet and income statement for Nomura, to analyse the daily trading activities, to explain and report the trading divisions' profits and losses whilst ensuring that the Finance governance framework is maintained. Product Control supports the execution of regular independent price verification to verify the values of positions held by the trading desks.
The role is the EMEA Head of Equities Product Control. The Equities businesses are rapidly expanding in scope, scale and complexity. The desk trades a diverse range of products across financing and solutions, covering a variety of trading strategies and products including but not limited to exotic interest rates and reinsurance products namely variable annuity and regulatory capital financing transactions.
Key Responsibilities:
- Managing the reporting of a comprehensive daily trading PL and balance sheet, including PL Explain with detailed commentary covering PL drivers, trading activity, key exposures and market context.
- Carry out intelligent analysis and challenge the business performance, trading activity, deployment of financial resources and adherence to governance requirements.
- New deal analysis with responsibility for coordinating Finance wide reviews of new products and new transactions reporting conclusions to senior finance management.
- Own the business relationship, opine and validate PL recognition challenges and reserve requirements.
- Responsible for financial resource and return calculations on new transactions as well as understanding all aspects of financial resource consumption such as capital, balance sheet and leverage exposure for the EMEA Structured Rates business.
- Stakeholder management across Trading, Risk, Operations and IT.
- Monitoring of key controls and reconciliations, owning the adherence to policies and procedures.
- Constantly challenge the status quo and look for opportunities to improve the control environment, maintaining best practice control standards.
- Ensure that all activities are carried out in full compliance with Product Controls policies and procedures and internal Nomura's Policies and Policy Standards.
- Represent Finance's interest on key firm wide projects.
This role will have 2 senior reportees in London supported by a team of 6 offshore.
Key Skills and Experience Required:
- Relevant product control experience with a strong understanding and experience of Equity products.
- Track record of senior stakeholder management such as trading heads, regulatory bodies, CFO.
- Track record of effective people management, developing talent and optimising resources across a multi‑location operating model.
- Ability to manage time critical matters alongside medium term book of work and project management.
- Strong communication skills able to collaborate across regions and departments.
- Attention to detail with analytical capability, able to deep dive into performance and financial resource metrics.
- Track record of improving controls and processes and adding value to clients/stakeholders.
- Qualified accountant.
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.
Equity Product Control (Vice President) in London employer: Nomura Holdings, Inc.
Nomura is an exceptional employer, offering a dynamic and supportive work environment in the heart of London. With a strong emphasis on employee growth, the firm encourages continuous learning and development through hands-on management and regular team-building events, fostering a collaborative culture. Employees benefit from a healthy work-life balance while engaging in challenging roles that provide exposure to a diverse range of financial products and innovative projects.
StudySmarter Expert Advice🤫
We think this is how you could land Equity Product Control (Vice President) in London
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We think you need these skills to ace Equity Product Control (Vice President) in London
Some tips for your application 🫡
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