At a Glance
- Tasks: Collaborate with traders to resolve discrepancies and manage month-end processes.
- Company: Join a leading financial firm committed to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Great opportunity for career growth in a fast-paced financial market.
- Why this job: Make an impact in finance while developing your skills in a dynamic team.
- Qualifications: Experience with structured derivatives and strong numerical skills required.
The predicted salary is between 55000 - 70000 £ per year.
Responsibilities
- 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.
- Confidence in discussing complex issues with senior individuals.
- Proactive 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. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Structured Rates Product Control (Associate) employer: Nomura Holdings, Inc.
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London that fosters professional growth and collaboration. Our commitment to diversity and inclusion ensures that every employee feels valued and empowered, while our focus on continuous improvement and innovation provides ample opportunities for career advancement in the fast-paced world of finance. Join us to be part of a team that not only drives business success but also prioritises the well-being and development of its members.
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 your connections in the finance world, especially those who work with structured rates or derivatives. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of complex derivative products. Be ready to discuss how you would handle discrepancies in P&L and demonstrate your problem-solving skills. Confidence is key!
✨Tip Number 3
Show off your proactive side! Think of ways you could improve processes in product control and be ready to share these ideas during interviews. Employers love candidates who take initiative and think outside the box.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate individuals who want to make a difference in the finance sector.
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 speaks directly to the role of Structured Rates Product Control. Highlight your product control and accounting experience with complex structured derivatives, and don’t forget to showcase those strong numerical skills!
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 proactive approach can improve processes. Remember, we love a good story that shows your initiative!
Showcase Your Communication Skills:Since you'll be liaising with traders and senior management, it's crucial to demonstrate your communication prowess. Use clear, concise language in your application to reflect your ability to discuss complex issues confidently.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Nomura Holdings, Inc.
✨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, especially when discussing intricate issues with senior stakeholders. Use examples from your past experiences to demonstrate how you've effectively communicated in challenging situations.
✨Show Initiative
Be prepared to share instances where you've taken the initiative to improve processes or solve problems. This will showcase your proactive mindset, which is highly valued in product control roles.
✨Understand the Business
Familiarise yourself with the financial markets and the specific rates derivatives mentioned in the job description. Showing a genuine interest in the business will help you stand out and demonstrate your commitment to the role.
