XVA Product Controller (9 months contract)

XVA Product Controller (9 months contract)

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Nomura Holdings, Inc.

At a Glance

  • Tasks: Join the BRM Product Control team to manage FVA and oversee global operations.
  • Company: Nomura, a leading financial services firm with a commitment to diversity.
  • Benefits: Competitive pay, inclusive culture, and opportunities for professional growth.
  • Other info: Dynamic role with potential for career advancement in a supportive environment.
  • Why this job: Make an impact in finance while collaborating with global teams and senior traders.
  • Qualifications: Experience in Product Control and strong numerical skills required.

The predicted salary is between 60000 - 80000 £ per year.

Job type: Temporary (PAYE)

Department: Finance

Location: London

Responsibilities:

  • Key member of the Business Resource Management (BRM) Product Control team.
  • Manage the FVA aspect of BRM on a daily basis, running coordination and oversight globally across Asia, Japan and the US.
  • Manage the Global Powai Hub in India.
  • Face off to the Global FVA head on a daily basis, alongside over 10 other BRM traders based in London.
  • Responsibilities include trade verification, daily PL, adhoc query resolution, KRI reporting, driving change and daily flash.
  • Understand, maintain and enhance processes utilising knowledge of XVA and controls.
  • Partner with Front Office and other control functions to build and develop control and governance frameworks for bespoke and developing business lines.

Qualifications:

  • Product Control experience required.
  • Accounting qualification and/or numerate degree preferable.
  • Familiarity with credit, rate and FX derivatives.
  • Detailed understanding of the impact a CSA has on derivative valuation including CVA & FVA.
  • Manage relationships with senior traders and other stakeholders such as offshore teams, business managers, regulatory reporting, risk management etc.
  • Strong numerical and communication skills, demonstrate a control mind-set and take initiative to identify and solve problems.
  • Demonstrate confidence in discussing complex issues with senior individuals.
  • Proactively use initiative to improve processes and systems.
  • Planning and organizational skills; executing priority actions on time, keeping stakeholders updated and managing expectations.

Right to Work:

The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK who require a Tier 2 Skilled Worker visa we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.

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. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

Nomura is an Equal Opportunity Employer.

XVA Product Controller (9 months contract) employer: Nomura Holdings, Inc.

At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within our Finance department. Located in the heart of London, our team thrives on diversity and inclusion, providing ample opportunities for professional growth and development while managing critical aspects of counterparty credit and funding risk. Join us to be part of a global network where your contributions are valued, and you can make a meaningful impact in the financial services industry.

Nomura Holdings, Inc.

Contact Details:

Nomura Holdings, Inc. Recruitment Team

We think you need these skills to ace XVA Product Controller (9 months contract)

Product Control Experience
Accounting Qualification
Numerate Degree
Familiarity with Credit Derivatives
Familiarity with Rate Derivatives
Familiarity with FX Derivatives
Understanding of CSA Impact on Derivative Valuation