At a Glance
- Tasks: Lead financial analysis and governance for Clearing & Settlement Services.
- Company: Join Instinet, a pioneer in electronic trading and brokerage services.
- Benefits: Competitive salary, professional development, and a diverse work environment.
- Other info: Dynamic team culture with opportunities for growth and innovation.
- Why this job: Make an impact in finance while working with cutting-edge trading technologies.
- Qualifications: Degree in Finance or related field; strong analytical skills required.
The predicted salary is between 54000 - 66000 £ per year.
Company overview
As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 65 markets around the world.
Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award-winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance.
Over the course of its 50+ year history, Instinet has introduced a range of now industry-standard trading technologies, and has been an innovator at the forefront of the market's evolution.
For more information, please visit www. instinet. com .
Department Overview
Financial Data & Business Analysis will be responsible for the ownership, analysis, control and governance of financial, liquidity and business-cost data supporting Instinet Europe Limited’s Clearing & Settlement Services business and relevant activities within Business Control.
The role will sit within Business Operations and provide dedicated analytical ownership of the financial economics of the Clearing & Settlement Services business, ensuring that the relationship between client activity, transaction volumes, clearing and settlement activity, liquidity utilisation, infrastructure costs, client charges and business profitability is understood, appropriately controlled and accurately represented.
Role Description
The successful candidate will take ownership of the financial and analytical data provided by Business Operations to Finance for client invoicing and other financial processes, together with oversight of relevant NPE and associated business costs.
The individual will work closely with internal and external stakeholders to understand underlying cost and revenue drivers, investigate material movements and provide meaningful analysis to support business management and decision-making.
In addition, the role will have responsibility for relevant financial data, modelling, EUCs and analytical activities undertaken within Business Control.
Key objectives critical to success (and not limted to)
- Own the financial and analytical data supporting the Clearing & Settlement Services business.
- Lead the development, maintenance and governance of liquidity-related data, reporting and analytical models.
- Business Operations oversight of the financial and transactional data supplied to Finance for client invoicing.
- Business Operations oversight, monitoring and analysis of relevant NPE and associated costs of operating the Clearing & Settlement Services business.
- Financial models and material EUCs operated within Business Operations for Clearing & Settlement Services and relevant Business Control activities.
- Take ownership of key financial data, analytical models, reporting and End User Computing (EUC) tools that support Business Control activities.
- All aspects of Business and Management Information
- Develop strong working relationships with stakeholders across Business Operations, the Front Office, Business Control, Finance, Treasury, Technology, Product and other relevant functions.
Skills, experience, qualifications and knowledge required
- Degree or equivalent professional experience in Finance, Accounting, Economics, Mathematics, Statistics, Data Analytics, Business or a related discipline.
- ACA, ACCA, CIMA, CFA or equivalent professional qualification.
- Experience within an investment bank, broker-dealer, agency brokerage, clearing or financial-market infrastructure environment.
- Knowledge of cash equities, clearing and settlement and the associated trade lifecycle.
- Understanding of CCPs, CSDs, custodians, exchanges and associated infrastructure charging models
- Significant prior experience in financial analysis, business analysis, management information, financial control, product control or a comparable analytical role within financial services.
- Strong quantitative and financial analytical capability with demonstrable experience analysing large and complex financial or transactional data sets.
- Advanced Excel skills and experience developing and maintaining complex financial models and EUCs.
- Experience analysing revenues, costs, invoices and business profitability, with strong understanding of financial data controls, reconciliations and data-quality management.
- 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).
- 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.
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.
Nomura is an Equal Opportunity Employer.
Business Control Manager, Instinet - Vice President employer: Nomura
Nomura is an excellent employer that fosters a dynamic and collaborative work culture in the heart of London, offering employees the chance to engage with global teams across major financial hubs like Mumbai and Tokyo. With a strong emphasis on professional development, employees benefit from extensive training opportunities and the chance to work on complex regulatory challenges, making it a rewarding environment for those looking to advance their careers in investment banking.
StudySmarter Expert Advice🤫
We think this is how you could land Business Control Manager, Instinet - Vice President
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We think you need these skills to ace Business Control Manager, Instinet - Vice President
Some tips for your application 🫡
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How to prepare for a job interview at Nomura
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Nomura.
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