Job Title:  Associate, Business Auditor (Singapore)

Job Description

Job Title: Business Auditor

Corporate Title: Associate

Division: Internal Audit

Location: Singapore

Nomura Overview

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: Retail, Asset Management, and Wholesale (Global Markets, International Wealth Management and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Department Overview

The Internal Audit department is a key part of the Nomura’s corporate governance structure – the “third line of defence” – and the department’s primary objective is to review the company's control environment and report any weaknesses identified to the relevant Audit Committees and senior management. The Asia ex-Japan (AEJ) Internal Audit team comprises 30 permanent employees of which 21 are located in Singapore, seven in Hong Kong and two in Korea, covering all Nomura’s businesses in the region.

Role description:

Experienced auditor primarily covering Compliance and Legal in AEJ, reporting to the AEJ Regional Portfolio Director for Legal & Compliance, with the principal role covering the definition and execution of assurance work over these corporate functions supporting the Wholesale businesses. The candidate will work closely with multiple members of the Internal Audit team in the region.

Responsibilities

·       Help plan and execute audits, with the potential to lead audits, through the application of the department’s audit methodology while working closely with specialist auditors in IT and Data Analytics

·       Design and execute simple data analytics for audit assignments

·       Identify risks and control gaps, draft and report audit findings promptly to line management and suggest practical and innovative solutions

·       Follow up audit recommendations post-audit, assess residual risk, validate remedial work performed and document issue closure

·       Perform risk assessments of Nomura’s control environment and assist in developing the annual audit plan

·       Perform Internal Audit’s quarterly continuous monitoring program to identify changes to audit plan, risk assessments or audit universe

Skills, experience, qualifications and knowledge required:

·       Strong background and experience of auditing Compliance, including Market Abuse Surveillance, Financial Crime and Conflicts Management, in the Trading or Investment Banking business of a major financial institution. Experience in a Compliance function, as a second line of defence, or with a regulator of financial institutions, prior to joining internal audit, will be favourably considered.

·       Must have strong audit skills and a good and demonstrable knowledge of aspects of the Wholesale business and related regulatory framework/regulations.

·       Must be able to multi-task, work independently and demonstrate a strong sense of ownership and commitment to delivery

·       Must have strong oral and written communication skills in English, and have the confidence to deliver tough messages and have difficult conversations

·       A degree in a related discipline or a professional accounting qualification is expected, although not essential for an otherwise outstanding candidate 

·       8 years of audit experience is expected in the financial services sector

·       Candidates with experience working overseas is strongly preferred

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer