At a Glance
- Tasks: Collaborate with traders to resolve discrepancies and manage month-end processes.
- Company: Join Nomura, a global leader in financial services with a rich history.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Embrace diversity and inclusion in a supportive workplace.
- Why this job: Make an impact in finance while working with innovative structured derivative products.
- Qualifications: Experience in product control and strong numerical skills required.
The predicted salary is between 50000 - 70000 £ 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.
Overview:
- 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 escalate issues/exceptions/concerns to management for resolution.
- Involvement in new product initiatives and evolution of complex derivative booking models.
Skills, experience, qualifications and knowledge required:
Qualifications:- Product control and accounting experience of complex structured derivative products.
- Strong numerical and communication skills, demonstrate control mind-set and take initiative to identify and solve problems.
- Need to demonstrate confidence in discussing complex issues with senior individuals.
- Need to demonstrate pro-actively using initiative to improve processes and systems.
- 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.
- 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
Nomura is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, Nomura provides ample opportunities for professional development and encourages a culture of diversity and inclusion, ensuring that every voice is heard. Employees benefit from engaging with a global network and tackling complex financial challenges, all while being supported by a team that values creativity and strategic thinking.
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 folks in the finance and banking sectors, especially those who work with structured rates. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of rates derivatives and complex structured products. Show us you can talk the talk and walk the walk when it comes to financial markets!
✨Tip Number 3
Don’t just wait for job openings; be proactive! Keep an eye on our website for new roles and apply directly. It shows initiative and helps you stand out from the crowd.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. Remind them why you're the perfect fit for the Structured Rates Product Control role.
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 is tailored to the Structured Rates Product Control role. Highlight your product control and accounting experience with complex structured derivative products, as well as any relevant skills that match the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Use it to showcase your strong numerical and communication skills, and how you’ve taken initiative in previous roles to solve problems or improve processes.
Showcase Your Interest in Financial Markets:Demonstrate your passion for financial markets and banking in your application. Mention any relevant experiences or projects that reflect your understanding of rates derivatives and your eagerness to engage with key business stakeholders.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. This way, we can easily track your application and ensure it reaches the right people in our team!
How to prepare for a job interview at Nomura
✨Know Your Numbers
Brush up on your numerical skills and be ready to discuss complex structured derivative products. Make sure you can confidently explain how you would reconcile P&L discrepancies and handle month-end processes.
✨Communicate with Confidence
Practice articulating your thoughts clearly, especially when discussing intricate issues with senior stakeholders. Use examples from your past experiences to demonstrate your communication skills and control mindset.
✨Show Initiative
Be prepared to share instances where you've proactively improved processes or systems. Nomura values individuals who take the initiative, so think of specific examples that highlight your problem-solving abilities.
✨Understand the Market
Familiarise yourself with rates derivatives, including options and hybrid products. Show your enthusiasm for financial markets and banking during the interview, as this will reflect your genuine interest in the role.
