Job Title: COM-Business Compliance
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 |
|
Risk professional qualifications are an added advantage but not essential.
Power BI, Confluence, advanced excel, Macros, Power query is desirable, Tech Savvy
data completeness and accuracy
efficiency |
Interpersonal |
|
|
Nomura Core Competencies:
Competencies |
Behavioral Indicators |
Culture & Conduct |
Contributes to desired culture. |
Client-Centricity & Business Acumen |
Understands current market. |
Strategy & Innovation |
Balances alternative views. |
Leadership & Collaboration |
Thinks differently. |
Communication & Connectivity |
Assists in recruiting |
Communication & Influence |
Adjusts style to suit topic |
Execution & Delivery |
Demonstrates accountability/commitment |
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.