Job Title:  AML Compliance Associate

Corporate Title: Associate

Department: Operations - Nomura Securities Bermuda 

Location: Bermuda

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:

Nomura Bermuda Securities Financial Crime department.  

Role description:

The AML Compliance Associate will have, in conjunction with the AML Compliance Manager, responsibility for ensuring that Nomura Securities (Bermuda) Ltd. (NSB) complies with its obligations under the Bermuda AML/ATF regime for licensed entities.

Reporting to the AML Compliance Manager, the position will focus on the day-to-day management of the AML/ATF obligations for NSB.

Responsibilities: 

• Assist the AML Manager in the provision of AML/ATF, sanctions, and ABC subject to support the NSB Financial Crime Compliance Program.
• Liaise with various lines of business, including investment banking and institutional sales, regarding AML, Sanctions, and ABC requirements.
• Responsible for preparation, coordination, and execution of NSB’s AML/ATF, Sanctions, and ABC risk assessments.
• Assist in financial crime monitoring on an ongoing basis, including assessing materiality of adverse information referrals and surveillance alerts.

• Evaluate customer due diligence reports and assist in managing the due diligence process.
• Assist in the preparation and implementation of relevant management information systems and reporting as requested.
• Keep up to date on industry developments through regular participation in AML related forums and training.
• Monitor Bermuda legislative and regulatory framework to assess any impact on NSB’s Financial Crime Programme.
• Participate in global financial crime initiatives, working closely with counterparts in the Nomura group.
• Assist in managing AML, Sanctions, and ABC related projects.

Skills and experience required:

• 2+ years of experience in Bermuda anti-money laundering/anti-terrorist financing and sanctions.
• Methodical person with an attention to detail, together with an analytical approach to problem solving.
• Ability to identify genuine issues and know when to escalate them.
• Project management skills, with the ability to juggle a number of projects at one time.
• Ability to work to short deadlines and make quick and reasoned decisions.
• Familiarity with applicable PC software applications.

Nomura is an Equal Opportunity Employer