Job Title:  IAU-Auditor

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.

This opportunity suits a highly motivated individual who has solid experience of auditing risk management functions (such as Market Risk and Credit Risk) together with a deep understanding of risk management processes, applications, and related global regulations, especially CRD IV / BASEL 3 and BCBS 239 (Risk Data Aggregation and Reporting). The main duties of the role are:

• Under supervision of a Regional Portfolio Director or Risk Type Leads, take lead in planning and execution of global / regional Risk Management audits, manage delivery of audit work within agreed timelines including taking responsibility for specific aspects of the audit work, and working closely with specialist auditors in Model Risk, Market Risk, Credit Risk and Technology where necessary.
• Conducting process walkthrough and identifying key risks, controls, and performing Design and Operational Effectiveness tests with minimal supervision, document workpapers in line with Nomura Internal Audit methodology, agree issues with management and drafting of issues and audit report.
• To analyse data sets and identify trends, outliers, deficiencies, etc. based on requirements of audit steps.
• Identify emerging risks and control gaps, draft and promptly report audit findings to line management, and suggest practical and innovative solutions.
• Perform risk assessments of Nomura’s Risk Management function and assist in developing the annual audit plan.
• Remain current on any changes to Nomura’s risk profile through continuous monitoring of the assigned area of responsibility and establishing close contact with key stakeholders. Participate in the audit continuous monitoring / continuous auditing programme covering Risk Management division to identify changes to risk assessments, audit plan or audit universe.
• Work with data analytics experts and/or develop and execute data analytics and automated testing to identify internal control weaknesses during internal audit reviews and continuous auditing.
• Follow up audit recommendations post-audit, assess residual risk, validate remedial work performed and close issues.
• Identify emerging investment banking operation risks and control themes related to be included in management and Audit Committee presentations.
• Learn, understand and apply the department’s audit methodology.
• Effectively collaborate with Global and Regional Portfolio Directors across all regions.

Skill and Experience Requirements

Skills and Experience

• Strong understanding of Risk and Internal Audit gained through a combination of education and work experience of at least 10 years at global financial institutions or public accounting firms or consultancy firms. At least 5 years of Internal Audit experience in the financial services sector preferably within Investment Banking.
• Have the ability to communicate at various levels and across multiple regions and teams to support resolution of complex business issues.

• Ability to understand process, identify risks, and mitigating controls in the process, having sound judgement on the criticality and impact of issues identified.
• He / she should be able to act independently in complex fast paced environment with a strong work ethic and ability to work with minimal supervision.
• Ability to work independently and pro-actively, multi-task, and demonstrate a strong sense of ownership and commitment to delivery.
• Have strong capabilities in documenting processes, and drafting issues and remediation plans.
• Hands-on experience working with data would be an advantage. Data analytics skill and experience in data analytical and mining tools and languages (such as SQL Server, Graph, Python, R) and visualisation technologies (such as Qlikview / Qlik Sense or Tableau) is preferred.

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.