Client Regulatory Support and Outreach- Associate

Recruiter
Nomura
Location
London, United Kingdom
Salary
Negotiable
Posted
24 Nov 2022
Closes
30 Nov 2022
Ref
17892350
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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

Department overview:

The Client Onboarding and Regulatory Outreach teams coordinate the onboarding of all clients in EMEA covering the Global Markets and Investment Banking Sales teams as well as monitoring both Group and Client adherence to global regulatory obligations. You will join an established team, focused on delivering onboarding efficiency, regulatory adherence and exceptional client service. The team sits within Operations' Client Service Group.

Role description:

We are looking for an experienced Ops professional from the Client Onboarding or Regulatory Outreach space, with a strong background in the collection and maintenance of Regulatory Data. The role will require familiarity with industry related directives such as EMIR, MiFID II, SFTR and Dodd Frank and the candidate will need a keen eye for detail and diligence. Candidates will have a proven track record in delivering strategic controls and process improvement, and an ability to build strong relationships, both internally and externally, to drive enhancements to the client experience whilst creating internal efficiencies. Specifics of the role will include:
  • Manage and resolve regulatory point-of-trade queries from Sales. Regulatory SME review required to ensure;
    • pipeline trades meet regulatory requirements and breaches are avoided
    • data discrepancies are investigated and remediated in a timely manner to ensure trades can be booked
  • Help identify areas for improvement and remediation, and re-design and enhance the Regulatory Control process within Client Onboarding
  • Monitor Data Quality Control reports and feed in to the governance framework for Onboarding, running the day to day process to ensure that all Clients are Onboarded accurately and in line with applicable regulations
  • Take an active part in developing and maintaining MIS to track Onboarding performance and accuracy
  • Collaborate with Corporate and Business milestone owners to evolve the Client Onboarding operating model in response to regulatory change.
  • Assist in delivering Regulatory Outreach projects including:
    • Proactive engagement with clients on all upcoming regulatory obligations to ensure timely compliance and mitigate risk of potential disruption to trading
    • Front to back project scoping, data analysis and remediation, client query management for various smaller outreaches

Key qualities critical for success:
  • Proven self-starter with the ability to work independently while supporting the overall goals of the team
  • Keen eye for detail, methodical and accurate
  • Ability to work and adapt in an ever-changing regulatory and control environment
  • Ability to articulate key messages through all mediums and escalate potential risks in a timely manner
  • Thorough understanding of the regulatory environment, ensuring clients are compliant as applicable

Skills, experience, qualifications and knowledge required
  • Familiarity with industry related directives such as Dodd-Frank, EMIR, MIFID II, SFTR
  • Project and change management skills
  • Track record in process enhancement and improvement
  • Educated to degree level or in the absence of that have appropriate banking experience (5-10 years)
  • Knowledge of all major asset classes: equity, fixed income, derivatives and their data characteristics
  • Ability to navigate complex data and hierarchy structures
  • Knowledge of ongoing regulatory demands
  • Excellent communication skills - both verbal and written as well as presentation skills
  • Strategic thinker with strong analytical and problem solving skills
  • Client oriented, with the ability to communicate at all levels internally and externally


Nomura competencies

Trusted Partner
  • Understand clients' needs and issues, and respond with high-quality proposals
  • Acquire capabilities to perform one's responsibilities and contribute to being a Trusted Partner

Entrepreneurial leadership
  • Produce new ideas that might challenge the status-quo or oneself

Teamwork

Collaboration
  • Seek advice from senior colleagues and utilize it for improved results
  • Collaborate with members from relevant departments

Influence
  • Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
  • Serve as role model and provide guidance to junior employees

Integrity
  • Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly

Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role

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.
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