Structured Rates Product Control (Associate)

Nomura Holdings, Inc.; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

Nomura Holdings, Inc. is seeking a Structured Rates Product Control Associate in London, UK. The role involves liaising with Traders for P&L reconciliation and ensuring robust month-end processes, including valuation controls and reporting to management.

Candidates should have product control experience with complex structured derivatives, strong numerical and communication skills, and an interest in Financial Markets. This position offers an opportunity to engage in dynamic financial environments.

Qualifications

• Product control and accounting experience with complex structured derivative products.
• Understanding of rates derivatives including options and hybrid products.
• Strong interest in Financial Markets and Banking.

Responsibilities

• Liaise with Traders to reconcile P&L differences and resolve issues.
• Take ownership of month-end processes including valuation controls.
• Monitor KRIs and performance thresholds for management.
• Involvement in new product initiatives.

Skills

Strong numerical skills

Strong communication skills

Control mind-set

Proactive problem-solving

Job description

Job Title: Structured Rates Product Control (Associate)

Job Code: 13677

Country: GB

City: London

Skill Category: Finance

Responsibilities

• Liaise with the Traders to reconcile any differences or discrepancies in P&L and also be confident in dealing with Risk Management, Operations and other departments to resolve issues.
• Take ownership of month‑end processes including valuation controls, balance sheet substantiation and reporting to senior trading and finance management.
• Understand business performance and independent price verification of the trading inventory.
• Monitor KRIs and performance thresholds and elevate issues/exceptions/concerns to management for resolution.
• Involvement in new product initiatives and evolution of complex derivative booking models.

Qualifications

• Product control and accounting experience of complex structured derivative products.

Core Skills

• Strong numerical and communication skills, demonstrate control mind‑set and take initiative to identify and solve problems.
• Confidence in discussing complex issues with senior individuals.
• Proactive initiative to improve processes and systems.

General Competencies

• An understanding of rates derivatives including options and hybrid products.
• Familiarity with IR derivatives.
• Strong interest in Financial Markets and Banking.
• Ability to face off with key business stakeholders.

Nomura Competencies

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability

• Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Right to Work

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.

Diversity & Inclusion

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.