Job Title: RSK-New Business Group

Job Code: 13660

Country: IN

City: Mumbai

Skill Category: Risk

Description:

Nomura Overview:

Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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 across four international regions.

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:

Risk Management

The Risk Management Department at Nomura is broadly organised according to the main risk classes; Credit Risk Management, Market Risk Management, Operational Risk Management, Risk Methodology, Model Risk Management and New Products/Business.

The Risk Management team works to provide a firm wide capital management framework, which takes into account the availability and cost of capital, its effective utilization within and across business lines and the overall capital adequacy of the firm. Risk Management's key activities include ensuring transparency and effectively managing market, credit, liquidity, concentration and tail risk within the risk appetite of the firm and monitoring the effectiveness of capital utilization through the use of limit structures, with an emphasis on stress testing and risk adjusted returns on capital efficiency measures.

Business Overview:

New Business Group

The New Business team is the gatekeeper of new combination of risks to Nomura. The team is responsible to ensure the implementation of new products and new transactions are reviewed in a multi-disciplinary manner and only worthwhile initiatives are considered for allocation of Nomura’s capital and resources. New Business team also gives focus to new activities which have a bearing on the reputation of the Nomura franchise.

What We Offer:

We support employee wellbeing by ensuring a sense of purpose and belonging.
We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title	Analyst
Functional Title	Analyst / Senior Analyst
Experience	2 – 4 years
Qualification	Graduate or Postgraduate / MBA
Requisition No.	13660

Role & Responsibilities:

Role description:

This role is based in the Powai New Business Group team, working closely with regional teams to manage transactions and new product activities. The role holder will be required to prepare multiple reports, perform monitoring and governance of processes and activities.

The role holder will be responsible for a range of governance-based activities to support timely, efficient and accurate reporting.

Responsibilities include:

Understand the firm's New Products and Transaction framework and prepare various reports, including regulatory reports, on a timely basis.
Prepare regional and global reports and presentation materials for weekly, monthly, quarterly management committee meetings.
Perform ongoing monitoring and governance of New Business Group activities to ensure compliance with established frameworks, policies, and regulatory requirements.
Review transaction and product content, challenge information where appropriate, and highlight any discrepancies between trade details and system inputs.
Maintain comprehensive documentation of all processes, including regulatory assignments and attestations, ensuring audit readiness.
Prepare meeting minutes, monitor trade conditions and commitments, and manage escalations related to New Business Group activities.
Co-ordinate and work closely with other teams on Audit, control testing, RCSA updates for further reporting.
Support the NBG team in completing annual reviews of policies and procedures, and assist with other critical ad hoc activities as required.
Co-ordinate with IT team for system enhancements and provide necessary user sign-offs as required.
Contribute to NBG Management overall strategy and planning initiatives.
Act as Key point of contact for any report requirement from NBG leads.

Mind Set:

Mandatory

Desired

Domain

Prior experience in Risk Reporting
An understanding of the Risk domain and Financial Markets
Proactive in collaborating with multiple stakeholders including senior management.
Strong attention to detail.
Strong spoken and written communication skills and flexibility/adaptability.
Highly organised, with the ability to manage competing priorities and prioritise appropriately.
Ability to drive self learning, demonstrate initiative and be accountable for one’s delivery
Able to take initiative

Prior Risk Management experience.
Prior experience in reviewing new business proposals, manging senior committees and taking minutes.

Technical

Excellent excel and presentation skills.

Skilled in usage and knowledge of MS SharePoint.

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We 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.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).