Principal Risk & Control Specialist

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:

The CIO function oversees group-wide technology and our data office. We’re aligned to our key businesses across the group and operate enterprise-wide functions for risk management, governance and controls, supply chain and infrastructure. Our purpose is to support Nomura’s business strategy and deliver consistent group-wide services based on common operating principles.

Business Overview:

The CIO Chief Controls Office (CCO) supports the CIO function in setting and enforcing consistent implementation of a risk-based control framework, to manage all CIO owned L1 risks within current risk appetite. We support the delivery of the CIO priorities and enable the achievement of Nomura’s strategic ambitions.

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.

Role & Responsibilities:

This is a key role that will be pivotal in strengthening the CIO Chief Controls Office at Nomura. Reporting to the Controls MI Lead, this role will support the CCO Governance and MI capability. The role is part of a global team that will formalize, standardize and globalize Risk management governance and MI across CIO. The role will both support and contribute to the design and implementation of an MI and reporting strategy, and as needed will also support ‘business as useful’ monthly risk management reporting and MI activity – such as MI material for key forums and decision-making committees.

We are looking for a candidate seeking a challenging role, who is able to operate at pace, use initiative and has an excellent eye for detail. We also need someone who can support the requirements capture and design of Risk Management MI and can support establishing a process that puts those designs into production. An understanding of risk management practices, information and escalation f lows is therefore also very important.

The successful candidate will play a key role within Chief Controls Office team and wider CIO. They will need to establish themselves quickly and leverage strong design and delivery skills to support team outputs. The candidate will also need to quickly develop and then maintain productive working relationships across CIO and 3LoD key stakeholders. Key roles responsibilities:

• Support on the design, build out and management of the CIO CCO Risk Management Governance and MI capability.
• Support delivery and continued improvement of CCO Governance and MI key ‘business as usual’ outputs; such as supporting the CIO Risk Management Committee monthly and CIO LT Controls meetings – process, agenda content and supporting MI
• Support the design and definition of CCO Governance and MI target end state - and transition states - in line with wider CCO strategy. This role will then help oversee day-to-day the delivery of the agreed strategy
• Support the design of a standardized CIO Control Book (in target state), and the process to ensure streamlined automated production that meets stakeholders needs to support their risk management.

Mandatory Skill Set :

• Has an understanding of control frameworks, risk management governance and management information in a financial services context.
• Takes a flexible - albeit data-led approach - to help shape strategic direction, and who responds positively to feedback, internal and external circumstances.
• Can contribute to a culture that strives to continually improve business processes that impact positively on the business.
• Understand Management Information, its design, visualization, production processes and data requirements
• Is outcome focused, who can take ownership of actions, decisions and outcomes, demonstrating accountability and commitment to delivering quality outcomes within required timeframes
• Has problem solver skills, adaptable and flexible, with fungible skillset which can be applied to multiple CCO services
• Has effective communication skills with strong attention to detail
• Combines governance and MI skillsets with a technical understanding relevant to the GCIO risk management agenda - such as Information Technology (IT), Information Security (IS), and/ or Data Management
• Has experience in Power BI reporting
• Has experience in a Linux, Informatica & MS SQL database
• Preferably has hands-on experience in Service Now Integrated Risk Management (IRM)

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).