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.

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:

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

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

Nomura Leadership Behaviours:

Leadership Behaviours	Description	Element
Exploring Insights & Vision	Comprehensively analyse the nature of the problems we face and set our focus toward the future vision	Gather Intelligence Create a vision Identify an issue
Making Strategic Decisions	Analyse options and feasibility to resolve issues, in making judgments and recommendations	Identify countermeasures Assess feasibility Make a judgment
Inspiring Entrepreneurship in People	Promotes the vision and goals to others in such a way that inspires commitment and independent contributions	Influence Inspire Commit
Elevating Organizational Capacity	Maximize organizational productivity through leadership development and engagement	Have an ownership in own development Support other‘s growth Encourage organizational growth
Inclusion	Respect diverse perspectives and promote psychological safety and the creation of a risk culture	Foster psychological safety Encourage the active participation of all talent Foster a risk culture

Equal Opportunity Employer:

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.