Risk Management - Risk Methodology - Risk Model and Regulatory Oversight (RMRO) - Associate

Nomura 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.

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.

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.

Division Overview:

The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas.

Business Unit Overview:

The Risk Model and Regulatory Oversight (RMRO) team is part of the Global Risk Methodology Group (RMG) and responsible for supervising RMG's compliance with all relevant Risk Model policies, procedures, and regulatory requirements. The RMRO team liaises globally with other functions within Nomura with departments across Risk Management, IT, GM, Finance, amongst other areas to provide a comprehensive picture of the risks Nomura faces.

What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family's holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title: Associate

Functional Title: Associate

Experience: 5- 6 years

Qualification: Graduate or Post Graduate/MBA from a reputed institute

Role & Responsibilities:

This role is for an Associate level candidate to support the RMG COO/Head of RMRO in carrying out responsibilities to support RMG's Risk Model Governance and Control. The candidate will be tasked with taking the lead on several areas within the RMRO space.

Primary responsibilities will include, but are not limited to:

Governance and Reporting:

• Coordinate and produce materials for monthly senior management Committee, regulatory meetings, and newsletters
• Provide status update to key RMG members and Global Risk Forum, including Policies & Procedures, RCSA Actions, Audit Actions and Head Counts list & Org chart
• Assist with regulatory meeting and submission coordination, including compiling materials, tracking action, and taking notes
• Maintain, update, and backup RMG Dashboard to ensure optimal performance and reliability
• Operate strategic change management project initiatives within RMG
• Coordinate internal training programme

Control and Monitoring:

• Execute monthly/quarterly/annual control and monitoring processes owned by RMG, including BAU monitoring, RCSAs, Audit action, Model Changes, Policies & Procedures
• Coordinate controls for EUCs maintained by RMG
• Track regulatory deliverables and commitments

Key Competencies and Skills Critical to Success:

• Strong attention to detail and critical thinking ability
• Proactive mindset with the ability to work both independently and as part of a team
• Excellent planning and organizational skills, including the ability to manage multiple projects simultaneously and meet deadlines
• Strong delivery skills: ability to see projects and tasks through to completion, overcoming potential obstacles and challenges to achieve objectives and goals
• Ability to work well under pressure and balance multiple conflicting demands
• Capacity to work with a high degree of accuracy, employing a logical and structured approach
• Self-awareness to review own work, identify issues, and investigate or escalate appropriately

Mind Set:

• Minimum of 5 years work experience in large-scale financial services institutions
• Excellent verbal and written communication skills
• Adaptability and Flexibility: Proven ability to adapt to changing priorities and work environments
• Strong understanding of Risk and Control activities
• Willingness to work in UK time zone, occasionally accommodating flexible hours for global team meetings or urgent requests
• Strong MS Office skills – Able to work with data sets in Excel and produce good quality visual presentations in PowerPoint
• Skilled in usage and knowledge of MS SharePoint and Power BI
• Prior experience in Operational Risk Management
• Prior experience in Project Management

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).