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date title
14/09/10
referral award  not applied
  Associate, Prime Services Product Control, EMEA
Nomura International
London

Associate, Prime Services Product Control, EMEA
In October 2008, the Nomura Group acquired the Lehman Brothers Asian and European franchises. This transformational deal is a major step in our international growth strategy and positions us as a leading financial services provider around the globe. Job Overview The successful candidate will be working within the Prime Services Product Control team. Specifically this role will incorporate a combination of assisting with delivery of the daily P&L to the Front Office together with developing the teams capability to provide a value added service to the business to include funding/liquidity MIS & balance sheet.

Primary responsibilities will involve the following:
• Ensure the implementation of key controls across the Prime business including P&L analysis & commentary, P&L signoff, structured deal signoffs, month end processes
• To assist with the analysis and delivery of a number of key projects across the Prime Services Product Control team, specifically the enhancement of P&L processes and controls
• Respond and deliver against ad-hoc requests from the business
• Produce unsecured funding analysis and commentary around movements in unsecured funding at a business level
• To understand the business requirement to provide liquidity and securitised asset reporting to both the internal Treasury desk and the FSA
Qualifications: Bachelors
Other Certification (ACCA, ACA, CIMA)
Experience: 7 years +
Languages: English : Speak / Write Fluently
Job-Type: open-ended
Remuneration: unspecified
Permit Type: EU National
Region: London
• Qualified ACCA, ACA, CIMA
• Good understanding of the Product Control function of an Investment Bank • Confidence in dealing with senior management / Front Office
• An understanding of balance sheet implications of the business
• Self starting and ability to deliver quality work without supervision
• Builds and maintains relationships with finance & support area colleagues
• Thorough understanding of Front to Back processes

Knowledge Required (Essential):
• Prime Services products
• Exposure to Equities and/or general Securities Financing businesses, mainly Stock Borrow/Loan. Detailed understanding of the underlying bookings, fee/rebate and billing processes
• Understanding of the key drivers of the business across the markets and its role in liquidity management/funding/treasury areas within an investment bank
• Appreciation of Option greeks
• Strong MS Excel & MS Access skills Knowledge Required (Desirable):
• Possess understanding of recent changes in FSA Liquidity Management requirements and reporting and implications for Finance
• An overall appreciation of industry wide securities financing issues in current markets
• Understanding of the interaction with internal trading desks and derivative strategies
• Exposure to Escrow fee accounting

Nomura is a pre-eminent global investment bank. Armed with a powerful balance sheet, we offer unrivalled asset-raising capabilities, advisory, research, sales and trading services tailored to the specific requirements of individual, institutional, corporate and government clients.

Nomura International
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