Job Title: VP, Capital Management
Job Description
Job Title: Capital Management
Corporate Title: Vice President
Division: Finance
Location: Singapore
Nomura 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.
Function Overview
The team has a well-defined mandate of managing AeJ financial resources usages of all business lines, including Global Markets, Wealth Management and Investment Banking, in a prudent and robust manner that meets both the internal governance and external regulatory requirements. It partners closely with other functions and regions to facilitate the business thrive on changing business landscape and achieve best return on equity.
Its primary responsibilities include: i) On-going reporting and evaluation of business drivers behind Balance Sheet, Unsecured Funding, Risk Weighted Asset, and projection of future usages in view of regulatory pipeline, business deals and changes in sales/trading business strategy; ii) Business advisory on financial resources usage optimisation and capital deployment across entities; iii) Advisory on regulatory policy and interpretation
Job Responsibilities
This role is primarily focusing on strategic capital management to grow regional business franchise. Our business footprint spans across 10 countries in Asia with advanced legal entity structure underpinning our strong product and service offering to our clients. The firm has ambitious medium term growth plan; the value proposition is to partner with business to continuously explore opportunities arisen from changing business and regulatory landscape and deploy capital resources efficiently to maximise investment return for the firm. The role requires strategic thinking mindset but at the same time nimble decision-making skills in response to changing market conditions. In-depth knowledge of Asia regional regulatory and Basel frameworks expected to be a foundation for this role. Strong communication and presentation to global and regional management would be instrumental to push idea from incubation stage to implementation. Strong corporate governance attitude is also expected as we have to build trust with regional regulators by demonstrating transparent and robust internal decision-making process is in place under a well-governed control environment.
- Engage in business planning discussion and articulate to business stakeholders key potential opportunities and roadblocks in effective manner to drive solutions and maximize overall regional Roee
- Build stress management framework in subsidiaries to improve regulatory resilience in key subsidiaries and formalize the implementation process by going through relevant country governance committee forums
- Develop capital management strategy in tandem with entity rationalization plan to strike a balance between strategy growth prospects with regulatory risk
- Monitor entity capital usage and support capital optimization strategies.
- Equipped with regulatory policy knowledge and ability to translate into meaning analysis and documentation
- Keep up with changes in the regulatory, compliance and tax environment and propose risk mitigation plan to senior management
- Collaborate across functions to support committees (i.e. ALCO, RiskCo, etc.) and Group initiatives (i.e. RRP, optimizations)
Job Requirements
- Minimum of 5 years of experience in capital and liquidity management, and Basel requirements
- Minimum of 10 years of experience in a bank or securities firm with direct exposure managing a portfolio of subsidiaries
- Minimum of 5 years of regulatory advisory experience
- Ability to navigate matrix organization structure and operate with confidence to drive results in a fast-paced environment
- Extensive experience communicating with executive management and across diverse cultural environment
- Self-motivated to connect with both global and regional functions to identify balanced multi-disciplinary business solution
- Deep understanding in financial markets and products and risk parameters
- Strong organizational and time-management skills and can cope with tight deadlines
- Confident personality and provide leadership to drive delivery and outcome
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