Job Title: COM-Central Compliance

Job Code: 6883

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:

NSIPL LCC broadly covers the areas of Legal, Compliance and Conduct, and is responsible for building a robust risk and control framework. The NSIPL LCC teams support Nomura NSIPL, as well as LCC teams globally to ensure effective risk management of Legal, Compliance and Conduct related risks for the firm. NSIPL 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. NSIPL 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 Financial Crime Monitoring Team is part of Compliance department at Nomura and is responsible for investigations of alerts that are generated in different surveillance systems, with the intent to combat money laundering and terrorist financing. Nomura applies a risk-based approach to its fight against financial crime, money laundering and terrorist financing, and has implemented complementary checks and controls to manage financial crime related risks.

The Financial Crime Monitoring Team is responsible for identifying these risks, and for escalating the same to respective regional / global Compliance teams for review and action.

Role & Responsibilities:

Ensure adherence to global and regional Financial Crime related policies and procedures.
Be a key point of contact with regards to providing advice to Senior Management and other relevant stakeholders on Financial Crime Related Matters.
Ensure effective and timely escalation of issues requiring management attention and review.
Work with regional stakeholders towards implementing best practices and minimum operating standards.
Review alerts generated against international sanctions (OFAC), politically exposed persons, and adverse media lists.

Review and advise on other financial crime related matters including Anti-bribery and Corruption (e.g., Gift and Entertainment escalations) and Sanctions.
Review any suspicious activities or transactions and assist the Money Laundering Reporting officer.
Participate in regional or global projects or initiatives, as required, resulting from changes in legal or regulatory requirements and / or expectations and new business strategies.
Assist the FCMT Team Lead in in liaising with stakeholders on relevant related Financial Crime matters.
Ensure support for execution of senior management functional responsibilities, as applicable.
Prepare and present MIS to senior management and key stakeholders.
Ensure quality deliverables as per standard operating procedures, in a timely manner.
Ensure strict adherence to the firm’s and process related guidelines.
Identify processing and operational risks proactively and formulate steps to mitigate the same.

Mind Set:

Mandatory

Desired

Domain / Technical

Basic understanding of Investment Banking business and the Financial Regulatory environment
Sound understanding of AML, KYC, Sanctions and Conflict of Interest related regulations, processes and functions.
Prior experience in the Securities or Financial services industry
Sound product knowledge of financial products
Good MS office skills, Presentation, MIS, Data Analysis, Project Management
Proven ability to think “outside the box” in case existing procedures do not specifically indicate a solution.
Excellent communication skills (Written and Oral) with experience in dealing with external stakeholders.
Eye for detail to proactively identify issues and breaches in order to mitigate potential risk

Compliance Background.
Knowledge of advanced Excel functions / Excel macros
Ability to multitask and handle high pressure situations.
Flexibility (Openness to Change) – Adaptable to change, open and flexible when faced with changing circumstances and ambiguity.
ACAMS/CAMI or any other AML relevant certification will be preferred.

Interpersonal

Good interpersonal skills; high ethical standard; collaborative; detail oriented, willing to learn and adapt.
Ability to identify issues and knowing when to escalate.
Methodical and attention to detail
Ability to demonstrate decisiveness and sound judgement on a consistent basis.
Collaborates within and across teams, involving the right people

Critical thinking, Conflict Management
Self-starter and ability to multi-task under pressure and meet various deadlines

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.