Job Title: Associate

Job Code: 9327

Country: IN

City: Mumbai

Skill Category: Compliance

Description:

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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Divisional Overview:

Powai LCC broadly covers the areas of Legal, Compliance and Conduct, and is responsible for building a robust risk and control framework. The Powai LCC teams support Nomura Powai entities, as well as LCC teams globally to ensure effective risk management of Legal, Compliance and Conduct related risks for the firm. Powai Legal comprises of the Corporate Legal and Transaction Legal functions, which provide advice and support on corporate, employment and transactional matters. The Offshore Legal team supports global teams on corporate and secretarial matters, Global Markets, and Masters documentation related requirements. Powai Compliance comprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Monitoring, Control Room & Disclosure Monitoring and Central Compliance. The teams provide advisory and operations support to global / regional Compliance teams driven by global / regional policies and regulatory expectations.

Business Unit Overview:

The Central Compliance team provides support to Nomura entities globally on Training & Affirmations and Policies Management, Licensing and Registrations, Regulatory Change and Reporting, and Infrastructure Advisory functions. The team ensures that Nomura staff members abide by applicable policies and procedures in order to meet applicable Compliance requirements and regulatory obligations. The Central Compliance team provides support to onshore entities in providing guidance and oversight on staff members on key Compliance matters. The team assists regions in the monitoring, identification and management of risks as Second Line of Defence function for the firm.

Position Specifications

Function	Central Compliance - EMEA Certifications & Registrations
Corporate Title	Associate
Experience	7-8 Years
Qualification	Graduate / Post-Graduate
Requisition No.	9327

Role & Responsibilities:

The incumbent will work as part of the Conduct Advisory, Registrations and Training/Affirmation team, focusing on the processes supporting Certifications, Registrations, and Conduct Advisory activities. This will include:

Providing support with the process of registering Senior Managers and other relevant staff members with the PRA (Prudential Regulation Authority) / FCA (The Financial Conduct Authority)

Supporting Compliance processes for the Senior Managers and Certification Regime (SMCR), and liaising with staff members from other corporate functions in order to enable the same

Supporting Compliance processes for staff registrations basis Swap Dealer Associated Person (AP) and Security-Based Swap Dealers Associated Person (AP) requirements by CFTC (Commodity Futures Trading Commission) / NFA (National Futures Association)
Working closely with other colleagues in London in order to ensure strong delivery support

Reviewing and enhancing offshore processes, policies and systems in order to ensure that they are fully aligned

Highlighting and supporting the implementation of controls, process enhancements and efficiency gain related initiatives

Collating and reviewing monthly management information, and suggesting and helping with the implementation of further enhancements and process remediation initiatives where required

Working collaboratively with other areas of Compliance, both within EMEA and Globally in order to ensure clarity and understanding of roles and responsibilities and consistency of approach

Mind Set:

Mandatory

Desired

Domain / Technical

Basic understanding of Investment Banking business and the Financial Regulatory environment
Knowledge of Regulatory registrations & Certifications
Basic knowledge of the EMEA regulatory environment
Demonstrable project management skills
High level of proficiency on key MS Office packages (Word, PowerPoint, Excel)
Excellent written skills, with ability to analyse and summarise complex matters
Risk aware with an ability to prioritise information and topics accordingly

Relevant experience in the financial services industry (or equivalent at regulators / industry bodies / consultancy firms) is desirable, with an understanding of current and emerging regulatory issues for the industry in the EMEA region
Compliance Background
Ability to identify issues and know when to escalate. Methodical and attention to detail
Power BI / Tableau and other data visualization tools
Knowledge of Excel macros
Prior experience of trade and voice surveillance would be preferred
Team Handling experience

Interpersonal

Ability to represent the Compliance function credibly in discussions with other departments, including front office and Human Resources
Good interpersonal skills; high ethical standard; collaborative; detail oriented, with a willingness to learn and adapt
Strong time management skills
Strong attention to detail, with the ability to ensure data completeness and accuracy
Strong administrative skills and analytical approach to problem solving
Willingness to be flexible and adapt quickly to changing demands of the role

Collaborates within and across teams, involving the right people

Nomura Core Competencies:

Competencies	Behavioral Indicators
Culture & Conduct Building Nomura’s Culture Diversity & Inclusion Professional Integrity Self-Awareness	Contributes to desired culture Sets positive example Aware of different values/styles Holds high standards of behaviour Aware of own strengths/weaknesses
Client-Centricity & Business Acumen Commerciality Client-Centricity Analytical Thinking & Problem Solving	Understands current market Anticipates client needs Pays attention to detail Sees problems, recommends solutions
Strategy & Innovation Strategic Thinking & Change Decision Making & Judgment Agility	Balances alternative views Knows when to decide/when to escalate Champions new ideas Is both disciplined and entrepreneurial Sees when to escalate
Leadership & Collaboration Managing Talent Recognizing and Motivating Supporting, Developing & Collaborating with others Managing Conflict	Thinks differently Balances alternative views Knows when/how to compromise Learns from experience Seeks to develop
Communication & Connectivity Articulation & Receptiveness Impact Connectivity	Assists in recruiting Gives credit Builds productive working relationships Provides constructive, timely and specific feedback
Communication & Influence Articulation and Receptiveness Impact Connectivity	Adjusts style to suit topic Balances listening/talking Communicates with clarity and consideration Is a proven and credible resource Questions to understand others’ views Builds internal contact network Willingly effectively works across teams
Execution & Delivery Driving Performance Execution-Focus Planning & Organizing Adaptability	Demonstrates accountability/commitment Takes on challenging assignments Executes priority actions on-time Keeps stakeholders updated Manages expectations Persists when confronted with resistance

Equal Opportunity Employer:

Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.