Job Title:  Wholesale-Operational Risk Management-VP 1

Corporate Title: Vice President

Department: Risk Management

Location: New York

The pay range for this position at commencement of employment is expected to be between $145,000 and $175,000/year*

Company 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.

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Department Overview

The Americas Operational Risk Management (ORM) team is part of the Risk organization under the CRO and is responsible for the development and ongoing support of a consistent Firm-wide risk and control framework. The framework must meet both global and local regulatory requirements, as well as the needs of senior management and the business lines. The key objectives of the team include the identification of Operational Risks, identification of control gaps, reduction of losses, the protection of both our clients and the Firm and to avoid any regulatory impact/scrutiny, leveraging the Four Pillars of the Operational Risk Management Framework:

• Operational Risk Event Reporting
• Risk and Control Self-Assessment (RCSA)
• Key Risk Indicators (KRI)
• Scenario Analysis

Role Description

As a key member of the Americas Operational Risk Management team, this is a highly visible role with considerable growth potential and broad responsibilities. The position will involve:

• Leading 2nd Line of Defense Operational Risk oversight of the various First Line Functions across Nomura
• Acting as an independent challenge function to the business by providing independent feedback and escalation
• Conducting deep-dives and Targeted Risk Assessments of areas of processes of concern
• Recording and analyzing of Operational Risk Events and suggesting / monitoring remediation actions to ensure appropriate actions are taken to mitigate control weaknesses
• Leading regular Risk meetings with senior Stakeholders and reviewing Business Unit RCSAs, KRIs and Events
• Partnering closely with regional and global Operational Risk Managers, Lines of Business COOs, Business Control teams and Corporate Functions to actively manage day to day operational risk
• Driving the implementation of all components of the Operational Risk Management Framework (KRI’s, RCSA’s, Op Risk Event Mgmt., Reporting to Senior Management) and embedding risk culture across the organization
• Liaising with Compliance, Internal Audit and other Risk types to ensure alignment of objectives, coverage and strong information flow

Skills, Experience, Qualifications and Knowledge Required

• Prior experience in working with Front Office / Sales & Trading preferred
• Operational Risk background, preferably covering Global Markets or Banking
• Strong knowledge of Global Markets cash and derivative products
• Excellent communication and presentation skills
• Ability to analyze problems and formulate conclusions and recommendations
• Excellent organizational skills with the ability to multitask in a complex and dynamic environment
• Excellent leadership skills with ability to build strong relationships and influence stakeholders
• Ability to work independently on complex tasks / projects and provide regular progress reports to management
• Bachelor’s Degree with strong academic qualification
• Ability to speak confidently and authoritatively on a range of subjects
• At least 5-7 years of experience within Financial Services

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

Nomura is an Equal Opportunity Employer