Nomura India | Control Office

• Work location: Powai, Mumbai

Responsibilities

• This role is within the IWM Control Office (IWM CO) team.
• The IWM CO team is responsible for providing control assurance across activities like investment suitability, cross-border, portfolio review as well in maintaining the Front Office Supervision framework for the division and being the key operational risk and control function for the IWM business.
• The individual will assume day-to-day BAU responsibilities relating to Investment Suitability, Cross Border, Staff Licensing, Asset Transfer Review, Portfolio Call Report Review, etc. and will contribute to key projects that are critical from a regulatory perspective.
• We are seeking a dynamic individual to join the IWM Control Office (IWM CO) team, based in Powai.
• The individual will work closely and in partnership with the IWM CO team in AeJ.
• Performing controls testing and continuous monitoring of activities of IWM staff to ensure adherence to internal policies and regulatory requirements.
• Ownership of the Hierarchy Maintenance process across IWM.
• Performing review and analysis of Attestation commentaries and affirmation processes.
• Creating Management Packs, KRI Packs, Supervisory meeting packs and Scorecard.
• Driving Transition of Key tasks from the Regions and then perform those tasks in a BAU environment.
• Involved in User Acceptance Testing of IWM tools and systems.
• Help in producing issue summaries and reports for Regional teams.
• Assist the team in information requests from regulators and auditors as and when required.
• Audit and RCSA related monitoring.

Requirements

• Basic understanding of wealth management business.
• Basic understanding of Operational Risk, Controls and Supervision domain.
• Prior experience in Operational Risk Mgmt. (ORM), Ops Control, Product control, Operations would be an advantage.
• Conceptual understanding of Investment Banking and Financial markets.
• Reporting and analysis – ability to review and understand new information sources and produce summaries of key information.
• Good communication skills, both written and verbal.
• Experience of working with a diverse stakeholder group across multiple Regions.
• Ability to work under pressure to tight timelines.
• Good knowledge of Capital Market products (Equities, Fixed Income and FX), processes and corporate functions.
• Ability to challenge processes with maturity and integrity.
• Proficient in Cantonese and Mandarin.
• Intermediate to advanced Microsoft skills (Excel, PowerPoint skills).
• Basic project management skills (project definition, planning, risk and issue identification, milestone tracking and summary reporting).
• Experience: MBA or CA preferred.

Nomura

Nomura is a Japanese financial services group, founded in 1925 and headquartered in Tokyo, with a network spanning around 30 countries and regions. Its business is organised into four divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

In India, Nomura Services India in Powai, Mumbai supports the group's global businesses with teams in financial control and reporting, risk management, operations, research, trading support, compliance, legal and technology. Roles in financial control, product control, regulatory reporting, risk, audit and operations there suit chartered accountants, ACCA and CFA professionals and MBA (Finance) graduates.

• Industry: Global investment banking and financial services
• Headquarters: Tokyo, Japan (Nomura Holdings, Inc.)
• In India: Nomura Services India in Powai, Mumbai, a large centre supporting the group's businesses worldwide, with further offices in Mumbai and Gurugram