Job Title:  OPS-CSG / KYC

Job Description for Enterprise Data Management – KYC

Nomura Overview:

Nomura is an Asia-based 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 three business divisions: Retail, Asset 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:

The Enterprise Data Management team in Powai supports all reference data activities for Counterparty, Organization and Instruments. With a 24*5 support infrastructure in place, the scope of EDM support spans over Asia, EMEA and US. No matter where you work within financial services, your job will have information at its core and every job depends on ready access to accurate, reliable, timely and relevant data. The demand for aligned and centralized financial data underlies every process within Securities and Investments firms. Indeed regulatory acts such as MiFID, Sarbanes-Oxley, Basel II, the U.S. Patriot Act, U.K. Money Laundering and the Security and Exchange Commission's Regulation NMS mandate financial institutions to maintain highly accurate data.

 Business Overview:

Effective client identification is a key to mitigate the risk that financial organizations face in the form of money laundering. Client Account Approval team(CAA) performs the due diligence for all the new clients of Nomura Investment Bank and facilitates the client trading in various products and geographical locations. CAA team is responsible to perform KYC checks according to the CIP(Client Identification Program) manual which provides the guidance on the Anti-money laundering and financial sanction programs for Nomura. The team helps to provide the firm with the necessary support to help prevent the use of Nomura’s facilities for money laundering or terrorist financing, violating economic sanction laws and preventing the bribery of public officials.

 Position Specifications:

Job description:

Responsible for performing Client onboarding / Client Review functions

• Evaluating and Approving new customer account documentations and supporting information in order to determine whether they satisfy the client on-boarding identification requirements as per Nomura policies and procedures

• Conduct the background screening on the Client name & other officials' names using tools such as World Check / DJX / Factiva.

• Interact with the front office/client integration to ensure that proper account documentation is obtained from the customer prior to approving client on boarding

• Interface with and provide support to Client on-boarding, FCT and Compliance teams

• Reviews and Approvals of Static Data Amendments for existing customer accounts

• Conduct reviews of existing clients for status, data veracity and amendments, status, country of incorporation and assign appropriate risk classification