Job Description for FGS Product Control – Structured Deal Review

Nomura Overview:

Nomura is an Asia-headquartered financial services group with an integrated global network spanning
over 30 countries. By connecting markets East & West, Nomura services the needs of individuals,
institutions, corporates and governments through its four business divisions: Retail, Asset Management,
Wholesale (Global Markets and Investment Banking), and Merchant Banking. Founded in 1925, the
firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and
considered thought leadership. For further information about Nomura, visit www.nomura.com.

Nomura Services India, (Powai) supports Nomura’s businesses around the world. Powai’s world class
capabilities in trading support, research, information technology, financial control, operations, risk
management and legal support have played a key role in facilitating Nomura’s global operations and
are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the
platform to support the growth of Nomura’s global business.

Divisional Overview:

The Corporate finance team performs global and seamless Finance operations including trading and
product control, Group financial reporting and disclosure, management information and reporting for
decision support, planning and development of financial strategy including funding policies and financial
analysis, funding and cash management, tax planning and reporting, investor relations management,
and much more.

Business Unit Overview:

The Structured Deal Review process is one element of a wider control framework that ensures the
accuracy of trade bookings and the correct representation of trades in the risk booking systems. It
validates that, for all in-scope deals, all economic parameters captured in the trade booking are
thoroughly reviewed, documented and recorded.

Specifically the deal review process addresses the risk of booking errors or misrepresentation in
books & records for trades where there is no direct link between the trade ticket and the final trade
confirmation, together with other non-standard trade types as defined in the Global Deal Review
Policy.

Guidelines:

 Relevant experience – 4-5 years

 Minimum career break of 2yrs
 No of Positions : 1

Role & Responsibilities:

 The deal review process requires understanding of the trade structure as well as expected payoffs
at different time intervals.
 To ensure the model is approved by the Model Validation Group (MVG) and is capable of handling
all the features of a trade.
 Checking if any of the restrictions of the model are breached by the trade under review
 Prepare checklists for new valuation models and make amendments to existing ones
 Perform scenario testing to ensure the model accurately captures the cash flow at different time
intervals
 Liaising extensively with traders, regional stakeholders, Model Validation Group and quants team.
 To generate various control MIS related to deal review
Mind set required:

 Acquaintance to exotic derivative products such as barrier options, range accrual securities,
CLNs etc.
 Identifies and pursues innovative business initiatives that provide material contribution
 Knowledge of VBA and Access would be an added advantage