Global Markets Compliance Executive Director

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

JOB DESCRIPTION
Job Title: Global Markets Compliance Executive Director 
Corporate Title: Executive Director 
Department: Compliance 
Location: Hong Kong

Role Overview:
We are seeking a highly experienced China Compliance subject matter expert to join our Global Markets Compliance team as an Executive Director. This senior-level position requires deep expertise in China's complex and evolving financial regulatory landscape, including comprehensive knowledge of QFII (Qualified Foreign Institutional Investor), the Connect Program between mainland China and Hong Kong, Foreign Exchange regulations, China Financial Futures Exchange (CFFEX), China Securities Regulatory Commission (CSRC), and State Administration of Foreign Exchange (SAFE) rules and regulations.

The successful candidate will serve as the strategic compliance leader for all mainland China-related activities, providing authoritative guidance to ensure full adherence to regulatory requirements for our Global Markets operations with particular focus on the Equities franchise. This role demands a seasoned professional who can navigate the intricate regulatory environment while supporting business growth initiatives and maintaining strong relationships with key stakeholders in the China regulatory ecosystem. The position offers the opportunity to shape compliance strategy for one of the world's leading financial services groups in one of the most dynamic and important markets globally.

Role Description:
Strategic Compliance Leadership
•    Serve as the primary subject matter expert and strategic advisor on all China compliance matters, providing authoritative guidance on QFII regulations and the Connect program between mainland China and Hong Kong
•    Lead compliance development for China Financial Futures Exchange (CFFEX) derivatives trading and China Securities Regulatory Commission (CSRC) securities regulations
•    Provide expert interpretation of State Administration of Foreign Exchange (SAFE) foreign exchange regulations and State Administration of Foreign Exchange (SAFE) rules and regulations
Regulatory Monitoring and Analysis
•    Continuously monitor, analyze, and interpret regulatory changes and developments across mainland China's financial markets, including policy shifts from CSRC, SAFE, CFFEX, stock exchanges and clearing houses and other relevant authorities
•    Conduct comprehensive impact assessments of new regulations on existing and planned business activities
•    Prepare detailed regulatory updates and briefings for senior management and business teams
Policy Development and Implementation
•    Develop, maintain, and regularly update comprehensive compliance policies and procedures specific to China market operations
•    Create detailed operational guidelines and control frameworks for various China market access channels
•    Establish and maintain compliance monitoring and testing programs for China-related activities

Regulatory Relationship Management
•    Liaise with mainland China regulators, including CSRC, SAFE, CFFEX, stock exchanges and clearing houses and other relevant authorities
•    Maintain active relationships with Shanghai and Shenzhen Stock Exchanges and other market infrastructure providers
•    Represent Nomura in regulatory consultations, industry forums, and market participant meetings
Training and Knowledge Transfer
•    Design and deliver comprehensive training programs on China regulatory requirements for internal teams across Global Markets and supporting corporate functions
•    Conduct regular educational sessions on regulatory updates and their business implications
•    Develop training materials, compliance manuals, and quick reference guides for various stakeholder groups
Business Support and Development
•    Partner with business development teams to ensure regulatory compliance for new products, services, and market entry strategies
•    Provide compliance clearance and guidance for client onboarding processes specific to China market access
•    Support structuring and implementation of new investment strategies and products targeting China markets

Risk Assessment and Management
•    Conduct thorough compliance risk assessments for China-related business activities and client transactions
•    Develop and maintain risk matrices and control frameworks specific to China regulatory requirements
•    Implement early warning systems for potential compliance breaches or regulatory concerns
Regulatory Reporting and Documentation
•    Prepare, review, and submit all required regulatory reports and filings to mainland China authorities
•    Ensure accuracy and timeliness of QFII reporting, Connect related reporting, and other mandatory submissions
•    Maintain comprehensive documentation of compliance activities and regulatory interactions
Cross-Regional Collaboration
•    Collaborate closely with regional compliance teams in Tokyo, London, and New York to ensure consistent global application of China regulations
•    Coordinate with local compliance teams to address cross-border regulatory requirements and potential conflicts
•    Participate in global compliance committees and working groups focused on China market activities

Stakeholder Engagement:
•    Build and maintain strong relationships with key stakeholders in the China regulatory ecosystem, including industry associations, legal counsel, and peer institutions
•    Engage with external consultants and advisors to stay current on regulatory developments and best practices
•    Participate in industry working groups and regulatory consultation processes

Skills, experience, qualifications, and knowledge required:
•    Minimum 10+ years of experience in China financial markets compliance
•    Background with mainland China regulators, exchanges, brokerages, or investment banks
•    Deep expertise in QFII, Connect, Foreign Exchange, CFFEX and CSRC rules and regulations
•    Fluency in English and Putonghua (Mandarin) in order to liaise with mainland China regulators, exchanges, and other market participants for the role. 
•    Strong network within mainland China regulatory community and market participants
•    Bachelor's degree in Finance, Law, Economics or related field; advanced degree preferred
•    Professional qualifications in legal, compliance or financial services preferred
•    Excellent analytical and problem-solving skills
•    Strong communication and interpersonal skills
•    Ability to work independently and manage multiple priorities
•    Experience in interpreting complex regulatory requirements and translating them into practical business guidance

Nomura Competencies

Explore Insights & Vision
·  Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.Making Strategic Decisions
·  Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
Inspire Entrepreneurship in People
·  Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
Elevate Organizational Capability
·  Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing. 
Inclusion 
·  Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer