Job Title:  New Business Group Risk- Associate

Job title: New Business Group Risk Associate

Corporate Title: Associate

Department: Risk – New Business Group

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 New Business team is the gatekeeper of new combination of risks to Nomura. The team is responsible to ensure the implementation of new products and new transactions are reviewed in a multi-disciplinary manner and only worthwhile initiatives are considered for allocation of Nomura’s capital and resources. New Business team also gives focus to new activities which have a bearing on the reputation of the Nomura franchise.

The department has a global structure with team members located in multiple geographies, and a global lead each for products and transactions. The team rolls up to a global head based in Japan. 

Role description:

The successful applicant will report to the Global Head of New Products based in Singapore, and will work closely with regional and cross regional stakeholders.

The New Business Group Risk Associate will be required to manage queries and approval requests for new products and business initiatives, including managing the approval workflow for infrastructure departments and senior management. Raising initial questions/comments on product proposal to business teams. Follow-up with stakeholders on caveats, conditions, post implementation reviews (PIR), etc.

Additionally, as required, the individual will be required to support other critical tasks for the New Business Team including transaction committee approvals and project work. 

• Managing product approval process, often under pressure and to tight deadlines, ensuring approvals are correctly documented and records kept.
• Investigate and assess impact of queries raised by business and corporate partners from the perspective of impact on current approved scope and governance, ie additional approvals.
• Support various reporting requirements for monthly management meetings, updates of relevant Approved Product Lists, system testing and requirements, training, audit requests, etc
• Support project work for efficiency enhancement and scope enhancement; likely including activities related to data analysis, data extraction, requirement gathering, communication and presentation (powerpoint and excel)
• Coordination of committee meetings & logistics and minute taking as required
• Providing cover when required for other members of the New Business team

Skills, experience, qualifications and knowledge required:

• Experience in the banking sector
• Experience and understanding of banking products. Specific product knowledge in equity, FX, credit products will be helpful
• Good project management skills with expertise in dealing with a wide spectrum of stakeholders
• Ability to understand different risk types associated with product and service offering (legal, compliance, finance, operational)
• Demonstrate ability to run governance frameworks, enforce controls and communicate clearly across all levels of seniority
• Strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Proficiency in Microsoft Office Suite
• Minimum Degree from an accredited University

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