Job Title:  RSK-Operational Risk Group

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 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 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.  

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, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, colour, national or ethnic origins, religious belief, disability or age.

Business Unit Overview:

Operational Risk Management(ORM) is a 2nd line of defense governance function providing an integrated operational risk guidance, Non-Financial Risk advisory services enabling Powai to establish, maintain and improve a forward looking risk culture and best practices. The team has close engagements with Powai Divisions in promoting & sustaining global risk and control best practices, adherence to global operational risk policies thereby establishing a mind-set shift amongst all divisions in managing operational risk in the most forward looking manner. Operational Risk management framework are fully embedded in Powai across all divisions with adequate risk monitoring and event escalation mechanisms. In line with overarching vision of CCO and Powai leadership team, the function endeavors to build an eco-system, where operational risk is a central theme for all divisions in building a control conscious organization  

Operational risk management (ORM) has teams i.e. Core ORM (Business advisory team), Central ORM framework support & Risk Analytics and the 3 teams within ORM reports to Powai Head of Operational risk management

This role is within Global Central ORM role based in Mumbai. This role will be primarily responsible for improving and maintaining operational risk data analysis, reporting requirements for Global ORM based on various data sources & improving risk governance

Position Specifications:

Role & Responsibilities:

• Operational risk reporting and analysis, with a focus on streamlining and automating deliverables, including adoption of Power BI, Business Objects, data mining and analysis. Assure compliance to Global Risk Reporting Procedure
• Review and support production of Global Risk Management committee reporting leveraging new age tools like Power BI for data quality checks
• Perform analysis involving large volumes of data from varied sources to identify outliers, risk exceptions and non-adherence to the global operational risk management procedures
• Regular oversights and maintenance of operational risk data system (Opera) and reporting frameworks ensuring integrity and precision of data reporting
• Synthesize, standardise and simplify the existing central ORM reporting architecture with automation opportunities
• Act as a SME/lead for all operational risk data requirements for various global change projects & represent Global ORM in various forums and committee
• Support & Drive Global risk regulatory change projects on SMA & analysis on various risk metrics/indicators (KRIs, Risk Appetite, ORLM, Scenario)
• Managing regulatory requests, e.g. for Japan FSA or UK PRA, including regulatory submissions
• Assessing compliance of Regional ORM teams to policy and procedures, including oversight of Monthly Status Report of global progress of ORM Framework processes (RCSAs, Events and KRIs)
• Support the implementation of Non-Financial Risk framework, including risk strategy, risk appetite, risk taxonomy, control library build out & policy frameworks in OPERA application
• Manage day-to-day reporting requirements from Global Central ORM standpoint in providing risk data via Power BI, Business Objects

 Mind Set:

Have 10 -14 years’ experience in a data oriented/analytics & risk function

Experience in Power BI, Business Objects

Possess good communication and organisation skills and be able to manage multiple projects simultaneously

Possess reporting and analysis skills with Excel, power point presentation skills

Relevant data analytics qualifications are an advantage but not essential