FIN_Global Middle Office_Analyst

Nomura Overview:

Nomura Services, India is a core center of excellence powering the groups global businesses. With worldclass capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in shaping, strengthening, and accelerating Nomuras global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support, and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been wellrecognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program, and the YUVA Unstoppable Changemaker Awards 2021.

Divisional Overview:

Global Middle Office (GMO) is a control function focussed on the integrity of key transactional, risk and financial data and reporting. GMO will also perform an Advisory role partnering with the business and management to help deliver the firmwide strategy. To achieve this GMO will leverage the latest Digital Innovation & Automation (DI&A) opportunities to optimize GMO s efficiency and operating model. Key Responsibilities include:

• Data Management:

Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets

• Control:

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

• Advisory:

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 Overview:

Product Control Team reports T+1 Trading P&L for all the regions across various asset classes. The primary responsibility for a product controller is to produce P&L for the trading desk, substantiate the P&L numbers, explain the P&L to both the traders and onshore regional controllers and ensure that they maintain a control environment.

Role & Responsibilities:

• To ensure that the daily P & L is accurately reported in compliance with applicable policies.
• To ensure that all relevant controls are adhered to
• To ensure that the relevant P&L and Balance sheet positions are correctly reported at month end and that the applicable reconciliations have been completed and all issues identified are resolved.
• Analysing PnL attribution and providing commentary on P&L as well as flash v/s actual variance reported
• To coordinate the completion and delivery of the tasks allocated to the team
• Discussing various KRI/KPI s with onshore stakeholders as well as the local management
• Involvement in UAT testing for various system enhancements or other change initiatives
• To ensure that applicable accounting standards are adhered to regarding P&L and Balance
• Sheet reporting
• Involvement in training to new joiners as well knowledge sharing with wider team

Mandatory Skill Set:

• Broad understanding of the product types traded by the desk and any valuation issues thereof.
• Ability to understand the booking structure for complex trades and raise relevant issues to Product Control management.
• Good Logical reasoning skills, ability to apply existing knowledge to take logical approach while solving new unseen issues

Desired Skill Set :

• Good understanding of the relationship between Valuations and P&L teams within the bank and the various areas of interaction required
• Confident in double entry accounting associated with products under their control