Equity Derivatives Analyst Jobs (NOW HIRING)

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Job Code: 14582

Country: US

City: New York

Skill Category: Finance

Description:

Job Title: Equity Derivatives Product Control

Corporate Title: Vice President

Department:Finance

Location: New York, NY

The pay range for this position at commencement of employment is expected to be between $145K and $175K/year * (see below footnote for additional compensation and benefits information).

Company overview

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com

Aon’s Benefit Index®, Nomura’s benefitsrank#1amongst our competitors

Department Overview:

Nomura's Finance department manages the company's financial operations and provides financial guidance to support business decision-making. The team collaborates with senior leadership, business units, and stakeholders to develop effective financial strategies, providing guidance on financial planning, budgeting, forecasting, and analysis to align financial operations with business objectives. Nomura's Finance team specializes in financial reporting, accounting, tax, treasury, and capital management, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Finance department is well-positioned to continue driving growth and success in the financial industry.

Role Description:

This role supports the Equity Derivatives trading desk with a primary focus onStructured Products and Exotic Derivatives, including but not limited to auto callables, barrier options, variance/volatility swaps, digital/binary options, and structured financing transactions. The ideal candidate will possess a deep understanding of Equity Options, Futures, Swaps, and complex path-dependent and multi-asset derivatives. The successful Product Controller will be highly attentive to detail and risk, demonstrate strong commercial awareness of exotic Greeks and model risk, and uphold the importance of a robust control environment.

Essential Duties and Responsibilities:

• Daily P&L Reporting & Analysis: Flash to Actual analysis, Front-to-Back reconciliations, detailed P&L attribution (including vega, correlation, skew, dividend, and higher-order Greek decomposition for exotic books), verification of manual adjustments, and Balance Sheet Attestation.
• Stakeholder Engagement: Close interaction with the trading desk, Treasury, Middle Office/Ops, IT, Market Risk, Financial Reporting, Regulatory, and IPV teams to resolve booking, valuation, and financial resource usage-related issues — with particular focus on complex lifecycle events (barriers, autocall triggers, put financing transactions)
• Process Improvement: Input into the development of tactical and strategic process improvement projects, including automation of exotic P&L explain workflows, as well as testing and implementation of end-state solutions
• Funding & Financing: Understanding daily summary of funding charges, including day-over-day variance analysis and the impact of structured product collateral/margin dynamics.
• Manual Adjustments: Understanding, challenge, and motivation to resolve all manual adjustments, including model reserves, Day 1 P&L, and valuation adjustments specific to illiquid exotics
• Team Leadership: Managing junior team members both onshore and offshore; mentoring on exotic product knowledge and control best practices.
• Deal Review & Structuring Support: Deal review analysis and return, as well as review of deal reviews performed by the offshore team
• Controls & KRIs: Ensuring proper controls are in place as measured by KRI metrics, with specific attention to model risk, market data quality, and lifecycle event processing for exotic structures
• Month-End Close: Closing of the firm's books and records, including required manual journal entries and Balance Sheet substantiation; reconciliation of monthly FO P&L to General Ledger; completion of various financial reporting schedules; reserve and Day 1 P&L amortization reviews

Skills, experience, qualifications and knowledge required:

• At least 8–10 yearsof Equities-focused Product Control experience, with aminimum of 4–5 yearscoveringStructured Products and/or Exotic Derivatives(autocallables, barriers, variance swaps, correlation products, bespoke payoffs)
• Strong understanding of exotic derivative pricing models, Greeks (including cross-Greeks for multi-asset products), and associated model risk
• Familiarity with lifecycle events unique to structured/exotic products (barrier breaches, autocall observations, early termination, dividend adjustments)
• BS/BA in Finance, Economics, Accounting, or a quantitative discipline;CFA, CPA, or FRM designation preferred
• Proven ability to manage and develop junior staff in a global team structure
• Ability to multitask in a fast-paced, results-oriented environment with strong prioritization skills
• Strong verbal and written communication skills, with the ability to articulate complex product P&L drivers to senior stakeholders
• Team player, proactive, self-starter who can operate dynamically while maintaining rigorous attention to detail

Nomura Leadership Behaviours

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

* 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 in the U.S., 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”.

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

Nomura is an Equal Opportunity Employer