Prime Finance Product Control

Nomura New York , NY 10007

Posted 2 weeks ago

Corporate Title: Analyst

Department: Finance Equity Products

The pay range for this position at commencement of employment is expected to be between $75K and $90K/year*

Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon's Benefit Index, Nomura's benefits rank #1 amongst our competitors

Role overview & responsibilities:

This role supports the Prime Finance trading desk and requires a fundamental understanding of equity swaps, stock loan, repos. The ideal Product Controller will be highly attentive to detail and risk, while upholding the importance of a strong control environment. General responsibilities include:

Daily P&L Reporting, Flash to Actual analysis, Front-to-Back reconciliations, P&L Commentary, verification of manual adjustments, and Balance Sheet Attestation

Close interaction with the trading desk, Treasury, Middle Office/Ops, IT, Market Risk, Financial Reporting, Regulatory and IPV teams

Input into the development of various tactical and strategic process improvements projects, as well as testing and implementation of the end state

Daily Responsibilities include:

  • P&L production including: FOBO reconciliations, Flash to Actual explanations and Attribution analysis

  • Create a daily summary of funding charges, including day-over-day variance analysis

  • Interaction with Trading, Operations and Treasury to resolve booking, valuation, and financial resource usage related issues

  • Understanding and motivation to resolve all manual adjustments

  • Provide daily/weekly/monthly/quarterly P&L and market commentary

Monthly Responsibilities include:

  • Closing the firm's books and records, including required manual journal entries and Balance Sheet substantiation

  • Reconciliation of monthly front office P&L to general ledger

  • Completion of various financial reporting schedules

Skills, experience, qualifications and knowledge required:

  • 1-3 years of product control experience

  • BS in Finance, Economics or Accounting

  • Ability to multitask in a fast paced, results oriented environment

  • Strong verbal and written communication skills

  • Strong Excel and Access skills. Fluency in VB a plus

  • Team player, proactive, self-starter, who is detailed oriented and can work in a dynamic environment

Applicants for this position in the Finance Division of NHA must be currently authorized to work for any employer in the United States. The Finance Division is not sponsoring or taking over sponsorship of employment visas for this position at this time.

  • base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".

Nomura is an Equal Opportunity Employer

Nearest Major Market: Manhattan

Nearest Secondary Market: New York City


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Prime Finance Product Control

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