Job Title: COM-Compliance

Job Code: 8902

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.

Business Unit Overview:

The Powai Core Compliance team covers non-financial risks through Compliance and Conduct Risk Management. This team supports Nomura Powai entities, and plays an integral part in the design, implementation, and management of the Compliance and Conduct framework applicable to the location.Key responsibilities of the team include - (1) Designing, implementing and driving adherence to Compliance policies and procedures, (2) Ongoing monitoring and surveillance, (3) Participating in Compliance relevant investigations, (4) Providing Compliance advisory support, (5) Driving Training and Awareness programs, and (6) Managing the Powai Conduct and Culture office. The team works closely with Legal, IT Security, HR, Operational Risk and other functional teams within Powai, in order to strengthen the risk management and controls environment through various strategic and operational interventions.

Role & Responsibilities:

Implementing the Core Compliance & Conduct Operating Model
Engaging with all Powai functions, providing advisory support, and participating in / driving governance forums from a Risk Management perspective
Designing, updating and implementing Compliance and Conduct relevant policies and procedures
Designing and implementing the annual Training & Awareness plan, covering Compliance & Conduct relevant topics

Designing and implementing Compliance and Conduct Risk Assessment frameworks, leading to the identification of focus areas from a Compliance and Conduct perspective
Monitoring & Testing of Compliance and Conduct relevant risks
Managing issues, and ensuring action plans are implemented effectively from a risk mitigation perspective
Conducting Surveillance related activities, in line with Compliance requirements
Driving initiatives such as the Annual Affirmation program
Performing data analysis on Core Compliance relevant metrics, leading to effective risk mitigation strategies
Ongoing interaction and partnership with senior stakeholders and counterparts, locally and in the region

Mind Set:

Mandatory

Desired

Domain / Technical

2 – 5 years of demonstrated experience in a Compliance and / or Control and / or Line of Defence (LoD) function in the financial services industry
Excellent communication and influencing skills, with a good understanding of Compliance and Regulatory requirements
Demonstrated experience with regards to design / implementation / participation in Risk Assessment related initiatives
Good understanding of the Investment Banking business and the Financial Services regulatory environment
Proven project management and people management experience would be an added advantage

Knowledge and understanding of Data Analytics tools and technologies

Interpersonal

Strong interpersonal and administrative skills, mature judgement, and high ethical standards
Pro-active, with a mind set to drive efficiency

Ability to identify issues and knowing when to escalate
Self-starter, with an ability to multi-task
Critical thinking, 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.