EMEA FX & EM Product Control (Vice President)

Job Description

The role is in the EMEA FX & EM Product Control team. This business encompasses flow and options-based desks as well as more complex structured products. These businesses are diverse and complex, covering a wide range of trading strategies and products, including exotic options, structured note issuances, deal-dependent transactions, and a spectrum of non-linear interest rate products.

Tasks

The candidate will be responsible for all aspects of control and communication with the front office, risk management, IT, middle office, and other finance teams. The candidate will be one of the financial points of contact for the business on new products and new transactions. He or she will also be responsible for performing transaction valuations, including PL recognition and reservation, deal review, financial metrics review, and reporting and presentation to local and global senior finance managers.

Main responsibilities

• Manage reporting of comprehensive daily trading P&L and balance sheet, including P&L statement with detailed commentary covering PT drivers, trading activities, key positions, and market context.
• Performing intelligent analyses and challenging business performance, trading activities, use of financial resources, and compliance with governance requirements.
• New deal analysis with responsibility for coordinating finance-wide reviews of new products and new transactions, reporting conclusions to senior finance management.
• Owner of the business relationship, opinion, and validation of PL recognition challenges and reservation requests.
• Responsible for financial resource and return calculations for new transactions, as well as understanding all aspects of financial resource consumption, such as capital, balance sheet, and leverage for the business.
• Stakeholder management across trading, risk, middle office, operations, and IT.
• Monitoring of key controls and reconciliations, compliance with policies and procedures.
• Constantly challenging the status quo and seeking opportunities to improve the business environment, adhering to best practice control standards.
• Ensuring that all activities are conducted in full compliance with Product Control policies and procedures and Nomura's internal policies and procedural standards.
• Representation of financial interests in important company-wide projects.

Requirements

• Relevant product control experience with a strong understanding and experience of FX cash and derivatives.

Skills and experience

• Identify the root causes of problems perceived by you or your team and define a clear vision and direction for the future.
• Evaluate all options for solving problems and effectively prioritize measures or recommendations.
• Inspire team members by effectively communicating ideas and motivation to increase productivity.
• Commitment to professional development and increasing team productivity by promoting knowledge sharing.
• Respect for DEI, För