Job Title:  GM-BussMgmt

Nomura Overview:

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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.

Division Overview:

Nomura International Wealth Management (IWM) have more than 50 years of experience delivering value to our high net worth clients in Asia.  Our commitment to deliver bespoke solutions is paired with judicious planning, coupled with Asia insight to meet clients’ wealth planning and investment goal objectives.

Nomura IWM have access to both global and regional investment opportunities across multiple asset classes - fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products.  IWM will take advantage of Nomura’s research-based advice, strong execution capabilities and bespoke solutions that leverage our global expertise in Global Markets, Investment Banking, Asset Management and other affiliates.

This particular role is within the IWM Control Office (IWM CO) team. The IWM CO team is responsible for creating and maintaining the Front Office Supervision framework for the division, and being the key operational risk and control function for the IWM business.

Position Specifications:

Role & Responsibilities:

• We are seeking a dynamic individual to join the IWM Control Office (IWM CO) team, based in Powai.

• The individual will work closely and in partnership with the IWM CO team in AeJ.

• Performing controls testing and continuous monitoring of activities of IWM staff to ensure adherence to internal policies and regulatory requirements.

• The individual will assume day-to-day BAU responsibilities relating to Investment Suitability, Cross Border, Staff Licensing, Asset Transfer Review, Portfolio Call Report Review, Client Contact Details Update Review, etc. and will contribute to key projects that are critical from a regulatory perspective.

• Ownership of the Hierarchy Maintenance process across IWM. Performing review and analysis of Attestation commentaries and affirmation processes.

• Creating Management Packs, KRI Packs, Supervisory meeting packs and Scorecard.

• Driving Transition of Key tasks from the Regions and then perform those tasks in a BAU environment.

• Involved in User Acceptance Testing of IWM tools and systems.

• Audit and RCSA related monitoring.

• Help in producing issue summaries and reports for Regional teams.

• Assist the team in information requests from regulators and auditors as and when required.

Key Skills: