Product Controller

Job Code: 14012

Country: SG

City: Singapore

Skill Category: Finance

Description:

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment 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

Job Title: Product Controller

Corporate Title: Vice President

Division: Finance

Department: IWM Business Finance & Control

Location: Singapore

Finance (Asia ex-Japan) Overview

Finance Asia ex-Japan provides support to the Sales & Trading Front Office and ensures that business activities are carried out in an efficient, controlled, risk-free and timely manner. The Asia ex-Japan region has over 150 people based in Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, Singapore and Taiwan

IWM BFC Function Overview:

The International Wealth Management (IWM) Business Finance & Control (BFC) team is like Private Banking Finance providing support to IWM business covering a wide range of products across different areas of Finance in based in Singapore. The team (within BFC) at Nomura goes beyond the core Product Control responsibilities and acts as a key Finance advisory function to the business and senior management.

Role Description / Areas of responsibility:

We are seeking an experienced Vice President to join our International Wealth Management Finance team. This role will be responsible for financial management, strategic planning, and business analytics supporting IWM business. The successful candidate will partner with senior business leaders to drive profitability, enhance financial controls, and support business growth initiatives. Key responsibilities includes

Financial Management & Reporting

Oversee daily, monthly, quarterly, and annual financial reporting for the IWM business

Prepare and analyse profit & loss statements, balance sheets, and key performance metrics

Support the budgeting and forecasting process, including variance analysis and commentary

Ensure accuracy and timeliness of all financial deliverables to senior management and stakeholders

Coordinate across Finance for consolidated reporting and regulatory submissions

Business Partnership & Strategy

Serve as a strategic finance partner to IWM business management team and product leads

Provide financial insights and recommendations to support business decisions

Conduct profitability analysis by client segment, product, and relationship manager

Support new business enablement and transaction committees with financial modelling

Identify opportunities for revenue enhancement and cost optimization

Performance Analytics & Management

Develop and maintain comprehensive dashboards and KPI tracking frameworks

Analyse client acquisition costs, lifetime value, and portfolio profitability metrics

Monitor Assets Under Management (AUM), Net New Money (NNM), and revenue trends

Conduct competitive benchmarking and industry analysis

Present insights and recommendations to senior leadership and business heads

Regulatory & Compliance

Ensure compliance with financial reporting requirements and internal controls

Support regulatory reporting requirements specific to wealth management businesses

Collaborate with Risk, Compliance, and Legal teams on financial implications of regulatory changes

Maintain robust documentation and audit trails for all financial processes

Team Leadership

Develop a team of finance professionals in both on and offshore

Foster a culture of continuous improvement and professional development

Collaborate cross-functionally with Treasury, Regulatory Reporting, Risk, Operations, Middle Office and Technology teams

Mentor junior team members and support their career growth

Professional Requirements & Experience:

Education and Professional Credentials

Bachelor’s degree in finance, Accounting, Economics or related field – MBA, CFA, CPA preferred

Professional certifications in financial analysis or wealth management is a plus

Experience

8+ years of finance experience, with at least 5 years in Private Banking, Wealth Management or Asset Management

Minimum 3 years in a leadership or team management role

Demonstrated experience with financial planning, analysis and business performance management

Proven track record of partnering with business leaders and influencing strategic decisions

Technical Skills & Knowledge Requirement

Advanced proficiency in financial modeling and valuation techniques

Expert knowledge of Excel and other digital tools is highly preferred

Familiarity with banking/wealth management systems (e.g., Avaloq)

Strong understanding of wealth management products (investment products & advisory across asset classes, portfolio management, lending) and risk management

Understanding of wealth management fee structures and revenue models

Understanding of Accounting and Regulatory rules (Basel III, IFRS, liquidity requirement, capital adequacy) will be an added advantage

Core Competencies

Strategic thinking with strong business acumen

Exceptional analytical and problem-solving abilities

Excellent communication and presentation skills to diverse audiences

Ability to influence and collaborate across all organizational levels

Strong attention to detail with ability to see the bigger picture

Proven ability to manage multiple priorities in a fast-paced environment

Results-oriented with a continuous improvement mindset

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

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.