Job Title:  Associate, Third Party Risk Management (Singapore)

Job Code:  10125
Country:  SG
City:  Singapore
Skill Category:  BCM
Description: 

JOB DESCRIPTION
Job title: Third Party Risk Management        
Corporate Title: Associate
Department: CST
Location: Singapore                

Company overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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.


Department overview:
The Third Party Risk Management Team in AEJ is part of the Business Resilience team.  Globally, it is part of the Nomura Group Business Resilience Team. There will be opportunities to interact and grow with other Business Resilience teams such Business Continuity Management and Operational Resilience.
This function is key to help set the AEJ Third Party Vendor Management Governance and Framework, in line with the Nomura global risk framework and risk appetite, and in accordance with Regulatory Standards.
As Third Party risk is an increasing focus by regional regulators to ensure continued business resiliency, this team plays a critical role to ensure governance and oversight mechanisms are in place to provide Nomura’s Senior Management governance visibility on third party vendors, especially how 3rd party risks are being managed.

Role description:
 Working in the AEJ Third Party Vendor Risk Management team, you will be required to: 
    Provide daily BAU support on the third party vendor risk management process and system (e.g. troubleshoot user issues, manage user queries, manage daily emails) 
    Assist in managing third party vendors on-boarding (coordination / facilitation of due diligence process) and act as a central coordinator between Business and support teams. 
    Perform quality checks on data input by Business users, to ensure that an appropriate level of Third Party Vendor Assessment is done. 
    Assist in designing and preparing MIs for monitoring of third party vendors, help in driving data analysis around third party vendors risk management (such as concentration risks).  
    Projects support requiring coordinating across different teams and regions, follow up and ensure closure on action items, etc. 
    Assist and manage system and process enhancements, help to automate / streamline processes as much as possible. 
    Assist in designing controls and implement processes to enhance governance, including help on policy reviews, regulatory requirements like outsourcing, business resiliency, etc. 

Skills, experience, qualifications and knowledge required:
    Minimum Bachelors Degree level qualification
    Previous experience in third party risk management, with familiarity around Singapore and other AEJ countries’ landscape.
    Prior experience in audit or risk management function 
    Self-starter with a lot of initiatives, well-organized, attention for details 
    Good interpersonal and communications skills – ability to coordinate across functions and handle multiple stakeholders (some projects management experience may be desirable)
    Good technical skills such as Excel, pivot tables and chart creation, PowerPoint, or other automation of workflow tools. 
    Willing to learn and adapt to new technology and firm’s systems is necessary.
    Strategic mindset – ability to analyze processes and data to evaluate performance and identify improvement opportunities

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