Compliance Officer Wholesale & Regulatory Compliance - VP/ ED - 12 month Contract

JOB DESCRIPTION

Job title:                      Compliance Officer Wholesale and Regulatory Compliance                          

Corporate Title:          Vice President / Executive Director

Contract Duration:     12 Months Fixed Term Contract           

Department:                Wholesale Compliance

Location:                     Frankfurt am Main, Germany

The base pay range for this position at commencement of employment is expected to be between €125,000 and €160,000/year (see below footnote for additional compensation and benefits information). 

Company overview

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset 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 Financial Products Europe GmbH (NFPE) is the Brexit entity of Nomura, headquartered in Frankfurt/Germany. NFPE offers the full range of Nomura products and services to clients based in Europe.

Department Overview

Nomura's Compliance department is at the forefront of maintaining regulatory adherence and ethical standards. Our team works diligently to ensure that our business operations align with industry regulations and internal policies. Join us to contribute to a culture of integrity and help safeguard our clients' trust.

Role Description:

• Managing the day-to-day operations of the compliance program, conducting periodic compliance reviews and providing reports;
• Providing compliance advisory services to NFPE front office and infrastructure departments and the management board
• Establishing and enhancing the risk analysis, and control framework for the compliance function
• Proactive support of business units by identifying, reporting and managing of regulatory and marketing risks in order to protect NFPE, its reputation and investors
• Liaising and coordination of compliance specific topics with branches and EMEA stakeholders
• Executing compliance monitoring and testing activities, identifying and reporting on issues and exposures. Driving closure of compliance monitoring report recommendations to resolution;
• Undertaking various reporting activities including compliance audits and risk assessments;
• Preparing regulatory registrations, reporting and returns to the German regulatory authority within set time frames
• Assisting in the maintenance of compliance policies and registers;
• Delivering compliance training to staff
• Liaise with Registration and Trade Surveillance Departments of Exchanges, coordinate the completion of Due Diligence Questionnaires and other regulatory required documents
• Implementation of the requirements according to Sec. AT4.4.2 MaRisk
• Independently developing solutions/scenarios for the compliant and at the same time practical implementation of regulatory requirements for the firm and considers cross-connections to other regulatory requirements and framework conditions.
• Liaising with other division of NFPE to make sure that regulatory developments in Germany are being fully implemented, in particular:
• Independently gap analysis of regulatory requirements in the Compliance division in cooperation with other divisions of the firm.
• Contribute to the protection of Nomura, its reputation, regulatory risk and investors through participation in the identification, reporting and management of regulatory and marketing risks and through provision of proactive support to specific business areas.
• Preparing regulatory registrations, reporting and returns to the German regulatory authority within set time frames

Skills, experience, qualifications and knowledge required:

Essential:

• Completed studies in law, economics or similar studies, professional education and relevant professional experience
• With relevant professional experience
• Fluent in English
• Good written and verbal communication skills.
• Profound knowledge in Global Market and Investment Banking products and processes and related local and EU regulatory requirements
• Self-starter, solution oriented, good organizational skills.
• Ability to work proactively both individually and in a team, taking the responsibility to achieve results in a set timeframe
• Strong analytical skills
• Ability to work and successfully deliver against different timelines
• Opportunity to drive change and to optimize regulatory processes
• Microsoft Office (Excel, Power Point)

Nomura Leadership Behaviours

• 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 inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

The base pay offered may vary depending on various factors, including, but not limited to market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including discretionary awards and eligibility for a range of discretionary benefits dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment from Nomura. 

Nomura is an Equal Opportunity Employer