Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets
Provide assurance on accuracy of firms financial statements through daily PL validation, Risk Model inputs, Proactive management of internal inventory and collateral obligations to ensure key liquidity / collateral requirements are optimized
Provide business support and oversight on new products/transactions, financial resources, liquidity management and trade bookings. Propose and implement FTB process improvements; institute performance analytics; and help navigate regulatory, industry and account changes
What We Offer:
- We support employee wellbeing by ensuring a sense of purpose and belonging.
- We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
- Our bespoke benefits support employees and their family s holistic wellbeing and are inclusive of diverse identities and family structures.
Business Unit Overview:
Valuation Control team in Mumbai is setup as an extension of the Product Control teams in each of the regions. Valuation Control is an integral part of the Product Control function where Independent Price Verification is performed. Under Independent Price Verification Price Testing and Reserve Calculation is done for various positions on Cash, Credit, Rates, FX and Commodity out of Powai
Role Responsibilities:
- Independent price verification of various products for SPG, Credit, Rates/FX Equities for positions across Global Valuation team
- Handson experience of BBG/YB/Intex and knowledge of MBS and other securitized products pricing desirable
- Calculating the variances for portfolio visavis independent prices obtained through external market agencies or priced through inhouse valuation models using external input/parameters
- Help ensure that Nomura s Balance Sheet presents a true and fair view of cash /derivative trading positions
- Investigating significant variances and tolerance breaches, untested positions, heat maps handling queries from trading related to valuation/prices provided
- Involved in calculation of Bid Offer reserves across asset classes
- Reporting and MIS pack preparation for Senior PC management, Front Office, Risk Management and Finance
- Supervising and reviewing deliverable for the team along with normal BAU
- Independently handling regular senior stakeholder communications and audit queries
- Driving methodology consistency across regions for all asset classes contributing to Global valuation transformation initiatives
- Exhibit advanced domain, product and market knowledge
- Possess excellent problem solving and communication skills
- Work closely with a wide range of teams locally globally across functions under tight deadlines
- Good Python programming skills and hands on experience on Alteryx.
Mandatory Skill :
Demonstrates a good understanding (features payoff) of financial products such as Forwards, Swaps, Futures Options (including exotic options), and the relevant greeks and sensitivities involved Strong communication skills and attention to details
Knowledge of Database e.g.: SQL, MS Access
Strong Excel skills coupled with VBA and/or Python programming experience. Strong analytical skills
Desired Skill Set :
Demonstrates an expertlevel understanding of various pricing / valuation methodologies
Qualification :MBA (Finance)/ CFA