Business Control Manager, Instinet - Vice President
Nomura
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Job summary
Nomura seeks a skilled Financial Data & Business Analysis professional to own the financial and analytical data for the Clearing & Settlement Services business. You will manage invoicing data and associated costs, partnering with Finance to ensure accurate reporting.
You will develop models, EUCs and governance processes, working with Front Office, Finance, Treasury, Technology and other teams to improve profitability and data quality.
Qualifications
- Degree or equivalent professional experience in Finance, Accounting, Economics, Mathematics, Statistics, Data Analytics, Business or a related discipline.
- ACA, ACCA, CIMA, CFA or equivalent professional qualification.
- Experience within an investment bank, broker-dealer, agency brokerage, clearing or financial-market infrastructure environment.
- Knowledge of cash equities, clearing and settlement and the associated trade lifecycle.
- Understanding of CCPs, CSDs, custodians, exchanges and associated infrastructure charging models
- Significant prior experience in financial analysis, business analysis, management information, financial control, product control or a comparable analytical role within financial services.
- Strong quantitative and financial analytical capability with demonstrable experience analysing large and complex financial or transactional data sets.
- Advanced Excel skills and experience developing and maintaining complex financial models and EUCs.
- Experience analysing revenues, costs, invoices and business profitability, with strong understanding of financial data controls, reconciliations and data-quality management.
Responsibilities
- Own the financial and analytical data supporting the Clearing & Settlement Services business.
- Lead the development, maintenance and governance of liquidity-related data, reporting and analytical models.
- Oversee client invoicing data supplied to Finance and related costs.
- Monitor and analyse NPE and associated costs of operating the business.
- Develop financial models and EUCs for Business Control activities.
- Collaborate with stakeholders across Operations, Front Office, Finance, Treasury and Technology.
Skills
Education
Tools
Job description
As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 65 markets around the world. Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award-winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance. Over the course of its 50+ year history, Instinet has introduced a range of now industry-standard trading technologies, and has been an innovator at the forefront of the market's evolution. For more information, please visit www.instinet.com .
As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 65 markets around the world. Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award-winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance. Over the course of its 50+ year history, Instinet has introduced a range of now industry-standard trading technologies, and has been an innovator at the forefront of the market's evolution. For more information, please visit www.instinet.com .
Financial Data & Business Analysis will be responsible for the ownership, analysis, control and governance of financial, liquidity and business-cost data supporting Instinet Europe Limited’s Clearing & Settlement Services business and relevant activities within Business Control.
The role will sit within Business Operations and provide dedicated analytical ownership of the financial economics of the Clearing & Settlement Services business, ensuring that the relationship between client activity, transaction volumes, clearing and settlement activity, liquidity utilisation, infrastructure costs, client charges and business profitability is understood, appropriately controlled and accurately represented.
The successful candidate will take ownership of the financial and analytical data provided by Business Operations to Finance for client invoicing and other financial processes, together with oversight of relevant NPE and associated business costs. The individual will work closely with internal and external stakeholders to understand underlying cost and revenue drivers, investigate material movements and provide meaningful analysis to support business management and decision-making.
In addition, the role will have responsibility for relevant financial data, modelling, EUCs and analytical activities undertaken within Business Control.
- Own the financial and analytical data supporting the Clearing & Settlement Services business.
- Lead the development, maintenance and governance of liquidity-related data, reporting and analytical models.
- Business Operations oversight of the financial and transactional data supplied to Finance for client invoicing.
- Business Operations oversight, monitoring and analysis of relevant NPE and associated costs of operating the Clearing & Settlement Services business.
- Financial models and material EUCs operated within Business Operations for Clearing & Settlement Services and relevant Business Control activities.
- Take ownership of key financial data, analytical models, reporting and End User Computing (EUC) tools that support Business Control activities.
- All aspects of Business and Management Information
- Develop strong working relationships with stakeholders across Business Operations, the Front Office, Business Control, Finance, Treasury, Technology, Product and other relevant functions.
- Degree or equivalent professional experience in Finance, Accounting, Economics, Mathematics, Statistics, Data Analytics, Business or a related discipline.
- ACA, ACCA, CIMA, CFA or equivalent professional qualification.
- Experience within an investment bank, broker-dealer, agency brokerage, clearing or financial-market infrastructure environment.
- Knowledge of cash equities, clearing and settlement and the associated trade lifecycle.
- Understanding of CCPs, CSDs, custodians, exchanges and associated infrastructure charging models
- Significant prior experience in financial analysis, business analysis, management information, financial control, product control or a comparable analytical role within financial services.
- Strong quantitative and financial analytical capability with demonstrable experience analysing large and complex financial or transactional data sets.
- Advanced Excel skills and experience developing and maintaining complex financial models and EUCs.
- Experience analysing revenues, costs, invoices and business profitability, with strong understanding of financial data controls, reconciliations and data-quality management.
- Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
- Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
- Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
- Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
- Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.
Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.
If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Nomura is an Equal Opportunity Employer.
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