Job Title:  Global Markets Senior Management Controls, Nomura Financial Products Europe

Job Code:  5864
Country:  DE
City:  Frankfurt
Skill Category:  Global Markets

Company overview

Nomura is an Asia-based 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 three business divisions: Retail, Asset 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

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This role resides in our EU entity - Nomura Financial Products Europe (NFPE), based in Germany.



1. GM Entity Controls:


Coordinating Global Markets front office deliverables across the global NEHS entities, and in particular for NFPE:

  • Delivery of Global Markets front office requirements as defined within the overall NEHS Senior Mgmt Controls role.

  • Support (and lead where required) senior management control, entity, and trading oversight across GM.

  • Lead GM change in NFPE collaborating with the Wholesale NFPE COO and connecting IB requirements whenever possible/practical. Oversight and challenge of changes impacting GM in NFPE.


Specifics to include:


  • Own the policy and control framework of GM NFPE – Its appropriateness, documentation, completeness and oversight. Ensuring associated relevant GM NFPE policies and Front office procedures are continually reviewed and kept up to date
  • Lead Remediation’s as required - Working closely with GM senior management to ensure remediation plans are created and where necessary resources aligned to address control weaknesses identified through WCO, Audit reviews, RCSA, Compliance reviews and monitoring, Operational Risk assessments or risk events
  • Ensure prompt escalation of issues by GM to relevant control functions and FO Senior Management.
  • Support Regulatory Adherence - Ensure local/regional entity oversight infrastructures remain compliant with relevant regulatory and statutory requirements at all times while supporting the establishment of global minimum standards for Nomura.
  • Represent GM (and IB, when required), at internal committees and forums and on any specific regulatory enquiries.


2. Front Office Operational Risk activities:


  • Support and feed into the GM NFPE and EMEA GM RCSA (Risk Control Self Assessments) process, ensuring correct prioritisation, participation, frequency and challenge of outputs. Where necessary work closely with relevant business leads and supervisors to prioritise remediation of control weaknesses. Own the NPFE Operational Risk Frameworks for GM ( RCSA, Scenarios etc).
    • NFPE Op Risk Scenarios – support and input to NFPE operational risk scenarios to ensure that the scenarios are realistic, appropriately aligned with the entity business activities and scale.


  • Analysing front office risk indicators / data points (key risk indicators, Outsourcing Performance metrics, RCSA and Operational Risk Assessments) to identify trends or areas of potential heightened operational risk and where necessary escalate to senior management.


  • Monitoring of Operational Risk Events and tracking timely closure across the business and escalation where necessary.


  • Outsourcing – Oversight and management of the firms service providers ensuring adherence to the internal outsourcing frameworks and standards.  This can be across the European entities


  • Algo Trading – Collaborate and coordinate with the GM eTrading Risk team and NFPE to ensure adherence to EMIR RTS 6, internal policy and business requirements.  This includes timely completion of the annual Algo Self Assessment.


3. External & Internal Audit Issue Management:


  • Oversight, Engagement and Monitoring of on-going internal and external audit reviews, engaging IA in constructive dialogue, in the planning, fieldwork and finalisation and subsequent remediation of audit findings.


  • Working closely with GM business leads and supervisors to ensure issues have a clear risk articulation, achievable remediation plans, and where necessary resources aligned to address control weaknesses identified


4. Culture & Conduct Risk:


  • Taking an active role supporting business management in the regular review of entity KPIs and KRIs and dashboards as far as applicable to Europe and work with business management and relevant control functions to respond to identified conduct issues.


5. Regulatory Initiatives:


  • Working closely with business leads, entity heads, COOs and key control functions - including Middle Office, Compliance and Operational Risk - to ensure the effective regional implementation of new EU regulatory requirements with an impact on operational risk & control
  • Where applicable, facilitating establishment of governance and project management in line with project requirements
  • Contributing to the design of the required GM control frameworks to facilitate embedding in BAU environment
  • Support the GM’s intelligence around EU regulatory change and emerging regulatory findings/focus areas by engaging externally


6. People:


  • Manage the personnel resources of the GM SMC Team, in line with the scope of your managerial remit.  
  • Support the regional organisational model to leverage risk & control managers at all levels of the Global Markets organisation and escalate any applicable issues


7. Governance and Controls:


  • Develop the GM governance and controls across NFPE, and other European entities.
  • Support the Heads of GM, Desk Heads and GM entity heads in Key Risk Indicator meetings (including cross border meetings with Asia and US) and the identification/management of relevant global GM risks and issues.
  • Ensure that entity governance and implementation of business strategy is adequately aligned with GM regional and product strategy.


8. Reporting Lines:


  • The role functionally reports to the Head of GM NFPE Trading (or other suitable NFPE Front Office role), and functionally into GM Front Office Management in London.



  • At least 5 years in Front Office Controls, Regulatory Change, Outsourcing, Operational Risk Management, Internal control function, or in a Corporate/Risk function as an SME in a relevant area.
  • A good understanding of European regulatory and supervision standards and requirements including experience of working with key risk indicators, performance metrics, and multiple data sets.
  • A reasonable understanding of investment banking products and services including FICC trading, Sales and Origination, processes and the associated controls
  • An ability to remain objective and to independently raise areas of risk exposure
  • Excellent communication skills, with the ability to collaborate and deliver across functions



Nomura competencies

Culture & Conduct

  • Contributes to desired culture
  • Aware of different values / styles
  • Maintains own and holds others to high standards of behavior
  • Seeks to develop
  • Aware of impact of own strengths / weaknesses
  • Learns from experience

 Client-Centricity & Business Acumen

  • Demonstrates understanding of current market
  • Anticipates client needs
  • Pays attention to detail, synthesizes accurately
  • Sees problems, recommends solutions

 Strategy & Innovation

  • Articulates own contributions to divisional and firm-wide strategy
  • Embraces and balances new / differing ways of thinking / working
  • Makes decisions appropriate to their role, knows when and how to escalate
  • Knows when / how to compromise
  • Responds positively to changing needs and circumstances
  • Is able to change direction quickly

 Leadership & Collaboration

  • Proactively participates in own and others' performance year
  • Assists in recruiting and on boarding new team members
  • Gives credit to others for positive contributions
  • Builds collaborative and productive working relationships
  • Provides on-the-job training to colleagues
  • Provides and listens to constructive, timely and specific feedback to resolve conflict

 Communication & Connectivity

  • Adjusts communication style to suit topic / audience
  • Balances listening / talking
  • Communicates ideas and issues clearly and with consideration
  • Questions to understand others’ views
  • Is a proven and credible resource
  • Builds internal network
  • Willingly works with others to share information

 Execution & Delivery

  • Maintains positive commitment to results
  • Takes on challenging assignments
  • Executes priority actions on-time
  • Keeps stakeholders updated, manages expectations
  • Persists when confronted with resistance
  • Seeks, listens to and accepts feedback

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.


DISCLAIMERThis 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. 


Nomura is an Equal Opportunity Employer