Analyst (Sr. Analyst/AM) - Financial Crime Monitoring

Nomura Overview:

Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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.

Nomura Services, India supports the group's global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group's global operations across four international regions.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

NSIPL Legal & Compliance(L&C) broadly covers the areas of Legal, Compliance and Conduct, and is responsible for building a robust risk and control framework. The NSIPL L&C teams support Nomura NSIPL, as well as L&C teams globally to ensure effective risk management of Legal, Compliance and Conduct related risks for the firm. NSIPL Legal comprises of the Corporate Legal and Transaction Legal functions, which provide advice and support on corporate, employment and transactional matters. The Offshore Legal team supports global teams on corporate and secretarial matters, Global Markets, and Masters documentation related requirements. NSIPL Compliance comprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Monitoring, Control Room & Disclosure Monitoring and Central Compliance. The teams provide advisory and operations support to global / regional Compliance teams driven by global / regional policies and regulatory expectations.

Business Overview:

The Financial Crime Monitoring Team is part of Compliance department at Nomura and is responsible for investigations of alerts that are generated in different surveillance systems, with the intent to combat money laundering and terrorist financing. Nomura applies a risk-based approach to its fight against financial crime, money laundering and terrorist financing, and has implemented complementary checks and controls to manage financial crime related risks.

The Financial Crime Monitoring Team is responsible for identifying these risks, and for escalating the same to respective regional / global Compliance teams for review and action.

Position Specifications:

Corporate Title Analyst

Functional Title Asst. Manager

Experience 5-7 years of relevant experience in Suspicious Transaction monitoring for Wealth Management Business

Qualification Graduate / Post-Graduate (ACAMS will be added advantage)

Role & Responsibilities:

• Evaluation and Investigation of UHNI client transactions from money laundering perspective in Wealth Management Business

• Drafting of suspicious activity report of clients undertaking suspicious transactions in the market enabling laundering of money or related activities

• Periodic reviewing of existing trade monitoring typologies and setting internal benchmarks for alert generation

• Performing effectiveness review of the applications and the alerts generated by it.

• Review and verification of client SOF and its adequacy with respect to transaction done by client.

• Ensure adherence to global and regional Financial Crime related policies and procedures.

• Be a key point of contact with regards to providing advice to Senior Management and other relevant stakeholders on Financial Crime Related Matters.

• Ensure effective and timely escalation of issues requiring management attention and review.

• Work with regional stakeholders towards implementing best practices and minimum operating standards.

• Review and advise on other financial crime related matters including Anti-bribery and Corruption (e.g., Gift and Entertainment escalations) and Sanctions.

• Participate in regional or global projects or initiatives, as required, resulting from changes in legal or regulatory requirements and / or expectations and new business strategies.

• Prepare and present MIS to senior management and key stakeholders.

• Ensure quality deliverables as per standard operating procedures, in a timely manner.

• Ensure strict adherence to the firm's and process related guidelines.

• Identify processing and operational risks proactively and formulate steps to mitigate the same.

Requirement

• Basic understanding of Investment Banking business and the Financial Regulatory environment
• Sound understanding of AML, KYC, Sanctions and Conflict of Interest related regulations, processes and functions.
• Prior experience in the Securities or Financial services industry
• Sound product knowledge of financial products
• Good MS office skills, Presentation, MIS, Data Analysis, Project Management
• Proven ability to think outside the box in case existing procedures do not specifically indicate a solution.
• Excellent communication skills (Written and Oral) with experience in dealing with external stakeholders.
• Eye for detail to proactively identify issues and breaches in order to mitigate potential risk
• Good interpersonal skills; high ethical standard; collaborative; detail oriented, willing to learn and adapt.
• Ability to identify issues and knowing when to escalate.
• Methodical and attention to detail
• Ability to demonstrate decisiveness and sound judgement on a consistent basis.
• Collaborates within and across teams, involving the right people

Nice to have

• Compliance Background.
• Knowledge of advanced Excel functions / Excel macros
• Ability to multitask and handle high pressure situations.
• Flexibility (Openness to Change) Adaptable to change, open and flexible when faced with changing circumstances and ambiguity. ACAMS/CAMI or any other AML relevant certification will be preferred.

Nomura Leadership Behaviours:

Leadership Behaviours Description

Element

Exploring Insights & Vision

Comprehensively analyse nature

of the problems we face and set our

focus toward the future vision

• Gather Intelligence
• Create a vision
• Identify an issue

Making Strategic Decisions

Analyse options and feasibility to resolve issues, in making

judgments and recommendations

• Identify countermeasures
• Assess feasibility
• Make a judgment

Inspiring Entrepreneurship in People

Promotes the vision and goals to others in such a way that inspires commitment and independent contributions

• Influence
• Inspire
• Commit

Elevating Organizational Capacity

Maximize organizational productivity through leadership development and

engagement

• Have an ownership in own development
• Support other's growth
• Encourage organizational growth

Inclusion

Respect diverse perspectives and

promote psychological safety

and the creation of a risky culture

• Foster psychological safety
• Encourage the active participation of all talents
• Foster a risk culture

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer's responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression Nomura refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company's policies as may be applicable from time to time).