Job Title: Internal Audit - Front Office and Corporate Functions (3/4 months contract)
Job title: Internal Audit – Front Office and Corporate Functions (3/4 months contract)
Job Type: Temporary (PAYE)
Contract length: 3/4 Months
Department: Internal Audit
Location: London
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.
Department Overview:
The Global Internal Audit department is a key part of Nomura’s corporate governance, and its primary objective is to review the company's control environment and report any weaknesses identified to the Audit Committees and senior management.
The EMEA Internal Audit department comprises 53 professionals, who have responsibilities across Global Markets, Instinet*, Investment Banking and Investment Management business lines, as well as Corporate functions including middle and back office support, Risk Management, Compliance and Information Technology.
Audit coverage is managed functionally by Global Portfolio Directors, with regional and legal entity oversight by regional heads. The Head of EMEA Internal audit is also Nomura Wholesale Division Global Head of Internal Audit, based in London. The Head of Americas Internal Audit is also responsible for Instinet.
* Instinet, a trading arm of Nomura, operates as a broker that executes trades for asset management firms, hedge funds, insurance companies, mutual funds and pension funds.
Role description:
• Manage and support internal audits of Front Office and Corporate functions across the Instinet Europe business, and other Global Markets and Investment Banking businesses.
• The position has responsibility for annual risk assessments, continuous monitoring, audit execution, and audit issues follow-up.
• Execute audits in accordance with departmental standards and conduct effective risk assessments on processes/functions during the audit. Ensure consistent delivery of assignments on time and to quality and methodology standards.
• Support IA’s strategic initiative for Data Analytics by being an active supporter and contributor to this initiative. Utilise data analysis to improve and enhance the audit approach.
• Assist with the continuous monitoring programme for the coverage of Instinet businesses across Europe, including regular meetings with key auditees and evaluating any changes in the risk profile of which might result in a change in the Instinet audit plan, risk assessments or audit universe.
• Manage and perform risk assessments across Instinet Europe using the departmental risk assessment methodology.
• Direct and carry out pre-implementation reviews, special projects, ad hoc investigations and advisory work where required.
• Continually seek to improve audit and departmental processes.
Skills, experience, qualifications and knowledge required:
• Strong background and experience of auditing Equities business in an electronic trading environment and supporting operational processes gained through a combination of education and work experience in a brokerage or financial institution that is subject to global regulatory standards and mandates.
• Relationship Management: Has proven ability to build strong relationships with auditees and can effectively manage upwards at senior levels. Demonstrates clear understanding of the business needs and exceeds expectations. Able to network and manage relationships across the organisation and in the wider financial services industry.
• Strong background and experience of managing and executing audits within a Global Markets or brokerage environment. Experience should include a number of the following areas: electronic trading, sales and client on-boarding, clearing and settlements, transaction reporting, risk management, governance, and a working knowledge of assessing against key regulatory requirements and expectations (MiFID II RTS 6, FCA and BaFin expectations).
• Experience of developing and executing data analytics to gain audit assurance over audit activity.
• Experience of successfully performing regional audit projects, as well as performing multiple audits concurrently.
• Strong analytical skills with the ability to identify key risks and control weaknesses, and sound judgement on the criticality and impact of issues identified, with a risk and commercial focus.
• Good knowledge of business resiliency, outsourcing management, and IT application controls, would be advantageous.
• Confident manner and strong communication skills, both oral and written.
• Strong time and project management skills, consistently delivering to deadlines (budget and time). A proven ability to work effectively on multiple tasks, exercise good judgement in prioritizing one’s own workload to meet deadlines.
• A bachelor’s degree or higher education qualification supported by work experience as a Business auditor in a financial services firm, Consulting firm or Big 4 firm.
• ACA/ACCA/CISA or equivalent qualification preferred.
• Sound knowledge of general auditing principles and best practices and standards, and experience of using agile audit techniques.
Nomura competencies
Trusted Partner
• Understand clients’ needs and issues, and respond with high-quality proposals
• Acquire capabilities to perform one’s responsibilities and contribute to being a Trusted Partner
Entrepreneurial leadership
• Produce new ideas that might challenge the status-quo or oneself
Teamwork Collaboration
• Seek advice from senior colleagues and utilize it for improved results
• Collaborate with members from relevant departments
Influence
• Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
• Serve as role model and provide guidance to junior employees
Integrity
• Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly
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. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.
Nomura is an Equal Opportunity Employer