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:

Powai entity (NSIPL) is an integral part of Nomura where mostly support functions are delivered out of this entity. Mainly this entity is an extension of regional teams who are supporting the onshore teams through offshore unit, which is Powai.

Regulatory Reporting is a key function of the Finance Department, which has an excellent reputation within the bank and externally. We pride ourselves on our professionalism within a department with a culture that encourages dynamism and flexibility. We mainly support Nomura Wholesale business with limited support for Asset Management entities, which based out of Asia.

Senior management takes a hands-on approach within the department, and is keen to reward hard work, enthusiasm and success. A willingness to constantly question established processes, and strive for improvements is actively encouraged, leading to an ever changing and exciting environment. Nomura presents a unique opportunity to learn and gain experience of a broad range of products and business lines within a supportive setting and surrounded by skilled professionals.

The Regulatory Reporting team is based both onshore and offshore in Mumbai. The scope of responsibilities of Powai Regulatory Reporting team includes global coverage for:

• Regulatory Reporting: Compliance with regional regulations and filings to regulatory authorities (PRA, EBA, BaFin, JFSA & MAS), including internal capital and leverage ratio monitoring as per Board-approved risk appetite and external reporting.
• Financial Resource Management (FRM): Work with various Finance, Risk and Front Office functions to increase Business awareness of their Financial Resources usage and ensure monitoring of key regulatory changes.

Along with the reporting, team is also involved in value added projects, which are part of Global Project portfolio with high emphasis on technical and technological aspects including, but not limited to Fintech initiatives.

Business Overview:

This role is part of Financial Resource Management team. This team is responsible for monitoring and controlling the business’ use of the firm’s Financial Resources (Capital, Balance Sheet, Funding etc.). They work closely with the Business units to help them understand their Financial Resource usage and performance metrics that reflect business use of the firm’s Financial Resources. The team also support to run the firm’s key committees on Financial Resource Management involving senior stakeholders across Finance and Business division. The team spearheads the bank’s objective of embedding capital and other Financial Resource usage into the business.

This includes working with colleagues in Mumbai and JP/EMEA region, and ensure the team is adequately equipped to deliver on an ongoing basis.

Responsibility of the role involves:

This role involves ownership of:

• Daily monitoring of Firm Financial Resources usage and limit (covers RWA, Balance Sheet and Unsecured Funding) against limit at Global and Region level.
• Experience with management reporting and trend analysis, assist in preparing presentations for senior management covering impacts to financial resource usage and implication.
• Perform data analytic to identify underlying drivers behind financial resources usage (e.g., Counterparty Credit Risk, Market Risk, Leverage Ratio- On/Off-Balance sheet exposure)
• Deep dive analysis of various Counterparty Credit Risk impact across multiple business lines such as Rate, Credit, FX, ABS etc.
• Understanding of Credit Risk computations under SA-CCR rules
• Familiarity with Market Risk concepts and simulation-based methodologies like VaR, SVaR, IRC etc.
• Ability to interact with multiple stakeholders within the organization across departments and to serve as an expert in this field.
• Facilitate functioning of certain Financial Resource Management Forums/Committees (e.g., Wholesale Fin Resource Mgmt., ALCO)
• Maintenance of Financial resources data repository including function like data load, Business hierarchy management and yearly budget submission process.
• DeMinimis & MSP (Major Swap Participant) calculation and exposure monitoring as per Dodd Frank CFTC & SEC rules.
• Maintain and enhance the control environment within the team and ensure highest standards of delivery including proper governance.
• Collaborate and participate in Global/Regional projects and initiatives within the Finance Division.

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:

Role & Responsibilities:

Mind Set:

Nomura Leadership Behaviours:

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).