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

Department Overview

This trading floor based group is the face of Conduct, Risk and Control for Global Markets; with the aim to support GM Management in proactively managing our operational and conduct risk, and to own, embed and evolve the Supervision framework. The 3 core pillars are summarised as:

Framework

Own, develop and maintain the tools and processes to allow Supervisors to perform their supervisory tasks.

Risk Identification and Escalation

Use a range of tools and data to identify and escalate key areas of operational and conduct risk, and keep GM management informed.

Conduct & Control Enhancement

Take actions to improve controls and conduct in GM.

The role also focusses on management of End User Computing (“EUCs”) and audit issue management for Global Markets.

Role description:

Framework

• Take overall responsibility for developing, embedding and evolving a Front Office Supervision framework which meets minimum regulatory requirements.
• Own the key tools (reporting, attestation processes, hierarchy, meetings and key governance) comprising the Supervision Framework.
• Own and maintain all relevant Policies, Handbooks and Procedures in order to clearly set out the Supervision Framework requirements.
• Communicate requirements to Supervisors, maintain awareness and carry out training of all GM staff on the Supervision Framework.
• Monitor effectiveness of Supervision through key measures and challenge Supervisors’ use of the Framework.
• Input to relevant governance forums.
• Coordinate the relevant functions to provide required tools and data.
• Develop the Supervision framework to consider relevant conduct risks.
• Communicate the Supervision framework to relevant regulators and inform them of developments as appropriate.
• Share Supervision Framework tools with other Divisions as required.

Risk Identification & Escalation

• Maintain relationships and visibility across desks and with senior management and key Corporate stakeholders.
• Use the Supervision Framework tools and processes to analyse key information (KRIs, risks, events, Supervision performance, breaches, conduct and culture), establish patterns and areas of higher risk / required action.
• Support desks and senior management in resolving and managing emerging risks and potential thematic issues.
• Carry out investigations into new events or emerging issues as required.
• Carry out thematic reviews and make recommendations to address key risks and control weaknesses.
• Provide information to executive and senior committees as required.
• Attend Supervision / KRI meetings.
• Identify required additions or changes to Risk and Control Self Assessments.
• Report on the outputs of the Supervision framework to senior management.
• Where relevant, carry out limited surveillance and escalate identified issues.
• For certain Supervisors, carry out first level review of Supervision data and escalate to relevant Supervisors
• Meet regularly with key GM Management and present key themes and events.

Conduct and Control Enhancements

• Review and challenge the outputs of Audits and regulatory reviews of Global Markets. Own coordination of remediation plans, and remediation actions, as necessary.
• Manage down the number of past due Audit issues for Global Markets and coordinate the process for issue updates.
• Where relevant manage down the number of past due RCSA and Operational Risk Event actions for Global Markets.
• Act as a representative of Global Markets for discussions regarding the risk profile.
• Identify the need for new Policies and Procedures, and develop and own relevant Global Markets Policies and Procedures.
• Represent Global Markets in inputting to other Division owned policies and procedures where relevant.
• Own / participate in relevant projects in Global Markets with the aim of enhancing conduct and control in Global Markets.
• Carry out training as required to promote appropriate conduct in Global Markets.
• Where relevant input to conduct outcomes following events / investigations.

Skills, experience and competencies required

• In-depth knowledge of a range of products
• Track record in either a front-facing Risk Management or other relevant discipline; ideally this would involve direct and regular engagement with Global Markets

• Excellent communication and influencing skills
• Demonstrates high professional integrity
• Actively leverages strengths and addresses weaknesses (of self and team)
• Acts commercially to increase efficiency
• Champions business practice change for client impact
• Identifies and articulates core issues; develops workable recommendations
• Takes accountability for driving clarity in ambiguity
• Makes decisions considering interests of relevant stakeholders
• Recognises and takes action when changing circumstances require new approaches
• Collaborates within and across teams, involving the right people
• Manages and resolves conflict where multiple positions exist
• Successfully sequences and delivers key messages
• Moves negotiations / discussions forward; gains support / acceptance for ideas at all levels
• Proactively works across teams / functions
• Keeps self / others focussed on meeting goals
• Identifies conflicting priorities and manages accordingly
• Maintains commitment in the face of challenges
• Experience dealing with Audit issue remediation, and navigation of the Risk and Control Self-Assessment process are ideal

Nomura competencies

Culture & Conduct

• Culture Carrier
• Drives diverse / inclusive work environment
• Promotes, protects firm reputation & encourages others to do the same
• Addresses development areas
• Maximizes self and team strengths and manages weaknesses

Client-Centricity & Business Acumen

• Identifies opportunities to improve client service / offerings
• Encourages / integrates and makes sense of different or conflicting views in finding solutions
• Implements successful solutions to complex problems

Strategy & Innovation

• Sets and drives strategic plans for own business
• Takes accountability in driving clarity in ambiguity
• Seeks, recognizes and champions innovative ideas
• Makes decisions considering the interests of relevant stakeholders
• Acts quickly to change goals, plans and priorities in a complex environment

Leadership & Collaboration

• Actively attracts / retains high performing people
• Encourages sense of pride in team / dept / divisions achievements
• Collaborates across geographies
• Offers visible support when obstacles arise
• Champions development / mobility
• Manages to resolve conflict, gaining consensus where multiple positions conflict

Communication & Connectivity

• Successfully sequences and delivers key messages
• Maintains open dialogue between team and management
• Gains support / acceptance of ideas at all levels
• Leverages networks to drive business
• Facilitates communication across businesses / regions

Execution & Delivery

• Takes accountability / sets a strong and positive work ethic
• Monitors and drives deliverables across teams / divisions
• Takes ownership of complex challenges / ensures resolution
• Adapts plans to changing circumstances
• Seeks out / listens to and adapts in response to multiple sources of feedback.

Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role. 

Diversity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees.

We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

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