Job Title:  COM-Business Compliance

Job Code:  9445
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 Employee Compliance. The teams provide advisory and operations support to global / regional Compliance teams driven by global / regional policies and regulatory expectations.

 

Position Specifications

 

Corporate Title

Associate

Experience

5 – 7 years

Qualification

Graduate/Post graduate

 

 

 

Role & Responsibilities:

 

  • Support the creation of a Global Risk & Controls Governance framework including key risk mapping, developing risk indicators and tracking control effectiveness.
  • Responsible for preparing a testing plan for identified teams/products.
  • Responsible for Conducting the Compliance Testing in line with the operational risk framework
  • Ensuring that the testing is completed in a timely manner including validation of action plans for outstanding items, if any.
  • Ensuring that the risk-based assurance framework is fit for purpose at all points of time.
  • Identify and escalate potential control deficiencies and areas for improvement to the senior management/key stakeholders.
  • Ensure compliance with LCC Policies, interpret regulatory developments and advise management on business impact.
  • Maintain up-to-date knowledge of industry standards and best practices related to controls testing.
  • Build relationships with key stakeholders including LCC colleagues, internal audit teams.
  • Develop and present comprehensive KPI’s and metrics around the risk profiles and metrics including reporting, dashboards to ensure transparency and effective decision-making

 

Mind Set:

 

 

Mandatory

Desired

Domain / Technical

  • 5-7 years of  relevant experience in the financial industry.
  • Prior experience in Compliance or Risk and Control functions including independent review, reporting, operational risk and control framework development / implementation.
  • Possess excellent communication and organisation skills and be able to manage multiple projects.
  • Possess analytical skills and ability to derive insights from risk data.
  • Possess financial services knowledge and experience, ideally in capital markets / investment banking context.
  • Be a self-starter and display a proactive approach.
  • Basic awareness of Operational Risk knowledge & RCSA
  • Flexibility (willingness to Change) – ability to adapt effectively to changing plans and priorities, and to be open and flexible when faced with changing circumstances.
  • Relevant Compliance/Operational  

   Risk professional qualifications  

   are an added advantage but not   

  essential.

  • Knowledge of digital tools like

   Power BI, Confluence, advanced  

   excel, Macros, Power query is  

   desirable, Tech Savvy

  • Detail-minded; be able to ensure  

   data completeness and accuracy

  • Acts proactively to increase

   efficiency

Interpersonal

  • Have excellent communication and IT skills (Word, Excel, PowerPoint).
  • Have strong attention to detail and produce accurate reports

 

  • Collaborates within and across teams, involving the right people
  • Critical thinking, Risk Management,Conflict Management

 

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.