Job Title:  VP, Data and AI Governance

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

Job Title: VP, Data and AI Governance
Corporate Title: Vice President
Department: Chief Data Office
Location: Singapore
Licensed Role: No

Department Overview:
The Chief Data Office plays a key role in defining and implementing the firm's data, cloud and AI strategy, driving change through these capabilities, enforcing data, cloud and AI governance for the firm, and elevating Nomura's data culture. Governance remains a critical focus area, and the Chief Data Office, in partnership with Business and Corporate functions, is responsible for ensuring that the firm's data assets are managed in line with the firm's data management framework, policy and standards.

Role Description:

Develop and implement a comprehensive governance framework:
•    Develop and implement a data governance framework that aligns with industry best practices and regulatory requirements and ensures compliance with data privacy and security regulations.
•    Define data governance policies, standards, and procedures that ensure data quality, security, and compliance with regulatory requirements.
•    Upkeep of data and AI risk taxonomies and control libraries
•    Collaborate with business stakeholders to identify and prioritize data governance initiatives that support the organization's strategic objectives.
•    Design, implement, and maintain comprehensive AI governance frameworks, policies, and standards, ensuring compliance with relevant legal and regulatory standards (e.g., EU AI Act, NIST AI RMF, APAC regulations and guidelines etc.)

Risk Management: 
•    Conduct AI risk assessments and impact analyses to identify and mitigate potential risks such as bias, privacy violations, security vulnerabilities, and ethical concerns.
•    Support data and AI governance audits and assessments to identify and remediate areas of non-compliance and provide recommendations for improvement.

Digitization of governance: Support the development and execution of the Data and AI Governance digitalization strategy, identifying opportunities to enhance the quality and speed of Governance.

Monitoring & Reporting: Define and track key performance indicators (KPIs) and adoption rates for Data and AI and governance and controls, preparing regular reports and insights for senior leadership and regulatory stakeholders

Stakeholder Engagement & Change Management: Collaborate with cross-functional teams, including Legal, Compliance, IT, Data Science, and business units, to promote understanding, adoption, and alignment of Data and AI initiatives with business goals. 

Skills, experience, qualifications, and knowledge required:
Master's degree in Computer Science, Information Systems, Economics, or Operations Research.
Minimum 10 years of experience in data and analytics roles in Financial Services.
Experience of relevant laws and regulations in relation to data and financial services firms’ obligations; includes managing and co-ordination regulatory engagement on data matters such as BCBS239 compliance and material outsourcing requirements (Cloud).
Experience of data governance frameworks, policies and guidelines, encompassing data standards, metadata management, data quality, data stewardship, and data protection.
Experience with use of data management technologies (data catalogue, data quality management), enterprise and Cloud technologies and associated internal governance and regulatory requirements.
Experience of AI governance frameworks and controls
Ability to make decisions in line with corporate philosophy, professional ethics, compliance, risk management and Nomura code of conduct. 

Nomura Leadership Behaviours

Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing. 

Inclusion: Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

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