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.

Divisional Overview:

The Risk Management Department at Nomura is broadly organised according to the main risk classes; Credit Risk Management, Market Risk Management, Operational Risk Management, Risk Methodology, Model Risk Management and New Products/Business.

The Risk Management team works to provide a firm wide capital management framework, which takes into account the availability and cost of capital, its effective utilization within and across business lines and the overall capital adequacy of the firm. Risk Management's key activities include ensuring transparency and effectively managing market, credit, liquidity, concentration and tail risk within the risk appetite of the firm and monitoring the effectiveness of capital utilization through the use of limit structures, with an emphasis on stress testing and risk adjusted returns on capital efficiency measures.

Business Overview:

The Risk Management Department provides senior management with an independent view of the principal risks taken by individual business units. The Risk Department at Nomura Financial Products Europe gmbH (NFPE) is organised into the following risk functions: Risk Governance, Market Risk Management, Credit Risk Management and Control, Operational Risk Management, Treasury Risk Management, Risk Methodology and Model Validation. In addition, the NFPE Risk Department collaborates closely with their direct counterparts and Risk Change teams across the globe. There are regional teams in Japan, London, US and Asia.

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:

This NFPE Risk Governance team has responsibility for managing the NFPE cross-functional Risk matters, including COO, Outsourcing and Risk & Control, liaison with the local regulators and working closely with global counterparts.

The successful candidate will support the Risk Governance team on various initiatives such as:

• Risk Governance Framework: Maintenance of the Risk Inventory and Risk Strategy including risk Appetite, running the senior NFPE Risk committee, managing NFPE policies and procedures. The role will have direct exposure to Senior Management and cross-functional to Finance, Front Office and other functions to ensure a consistent role out of the framework.
• Risk MI: Management of consolidated Risk MI for the entity, liaising with the global reporting teams who are responsible for the production of the reports. Production of ad-hoc reports for the NFPE CRO, as required
• Regulatory Monitoring and Change: Responsible for ensuring that German risk related regulations are understood and adhered to; provide oversight of local Risk projects and liaise with the Global Change function and local counterparts in Compliance, Finance and other Functions as required for the respective project.
• Outsourcing Controls: Monitoring and enhancement of the SLA for Risk with other Nomura entities, escalating in cases of breaches of the terms.
• Regulatory Liaison: Managing the relationship with the German regulators for risk related matters
• Ad-hoc: Department presentations and other ad-hoc projects.

Key objectives critical to success:

• Ability to implement, evidence and maintain strong control processes
• Ability to work well under pressure and balance multiple conflicting demands
• Ability to clearly define, agree and communicate priorities
• Ability to develop and maintain strong and mutually supportive working relationships both within Risk and with external stakeholders
• Ability to critically analyse processes, procedures and policies, identifying, proposing and implementing enhancements
• Strong analytical, written and communication skills
• Ability to adapt quickly to internal and external change
• Ability to implement change
• Ability to operate within our regulatory and internal risk frameworks

Mind Set:

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).