Job Title: Associate

Job Code: 8360

Country: IN

City: Mumbai

Skill Category: Finance

Description:

Nomura 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.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

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 Overview:

The Finance Control & Oversight (Risk and Control) function plays a pivotal role in supporting the management at Nomura by providing independent Quality Assurance services to ensure improvement of Risk environments and strengthening of Controls globally (Japan, AeJ, EMEA & US Regions) both within & outside Finance function.

Position Specifications:

Corporate Title	Associate
Functional Title	Manager
Experience	5-9
Qualification	Graduation/Post Graduation
Requisition No.	8360

Role & Responsibilities:

Provide independent review and challenge of Global Middle Office “GMO” function.
Review and challenge the GMO KRI’s prepared by teams within GMO, providing critical feedback and recommendations via the weekly KRI Challenge meetings
Present the weekly Global Middle Office Operating Committee meeting to senior stakeholders
Identify potential risks and control gaps within GMO processes and propose solutions
Lead process improvement and standardisation initiatives both within Control & Oversight and GMO functions
Develop and maintain effective relationships with senior stakeholders across regions and functions within GMO.
Contribute to the development and implementation of new control frameworks and methodologies.
Provide Key Control Observations based on operational breaches, KRI / KPIs and control gaps to Finance Division Management.
Perform Risk Assessment & Review of End User Computing Applications
Ensure adherence to the firm’s Global Policies & Procedures within Finance division.
Perform RCSA Controls Testing to ensure design and operational effectiveness of controls.
Monitoring Finance audit issues and actions
Partnering with various Finance teams, Operational Risk Management & Internal Audit to strengthen/ provide assurance on the operational effectiveness of controls.
Actively Participate & provide support to various Digital transformation initiatives.

Mind Set:

Mandatory

Desired

Domain

Strong understanding of Investment banking products and trading activities.
In-depth knowledge of middle office functions including product control, valuations, and collateral management.
Comprehensive understanding of risk management and reporting process.
Strong analytical skills with attention to detail and ability to identify control gaps
Confident individual with excellent verbal and written communication skills with ability to be direct and concise
Proven ability to work under pressure and meet tight deadlines
Experience in stakeholder management and ability to challenge senior management effectively
Strong understanding of reconciliation process and break analysis
Self-motivated with ability to work independently and with minimal supervision
Adaptable to change
Ability to drive innovations.
Exposure to automation / digital transformation projects in data analysis and visualization space

Strong attention to detail while maintaining big picture perspective.
Ability to work effectively under pressure.
Proactive & Self-Motivated approach.
Analytical mindset with problem-solving orientation.
High-level of professional integrity
Strong team player with ability to mentor others within the team.

Technical

Advanced Excel & PowerPoint (required)
PowerBi (advantage)
SharePoint (advantage)
Macros, & VBA. (advantage)
Alteryx, Tableau, RPA (advantage)
Confluence (advantage)