Risk and Control Oversight for Global Middle Office "GMO"

Job title: Risk and Control Oversight for Global Middle Office "GMO"

Corporate Title: Vice President

Department: EMEA Finance Control & Oversight

Location: London

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

Overview:

The role sits within the Control & Oversight function, a team which is fast-paced, dynamic and constantly evolving in line with industry-wide requirements. The team is split across London and Powai (India), with primary responsibility to identify, assess, monitor and manage the EMEA Finance Risk and Control Framework. This role reports directly to the Head of Control and Oversight for EMEA Finance.

In this role you will provide direct oversight of the GMO Risk and Control Framework, ensuring controls are adequately designed, implemented and monitored. You will work closely with the EMEA Head of GMO, and their direct reports. Your key responsibilities include:

• Active engagement and independent challenge at weekly KRI meetings for Flow, Structured and Collateral asset classes.
• Provide risk oversight and 1.5LoD challenge over the extensive suite of GMO Key Risk Indictors "KRI's"
• Maintain effective governance and reporting of the weekly GMO Operating Committee meeting. Includes oversight of the production of meeting material as well as chairing the meeting
• Ensure timely and accurate reporting of GMO risks and issues and overseas completion of action requests
• Challenging existing approaches by identifying, recommending and delivering on areas of improvement relating to the GMO risk and control framework
• Provide subject matter expertise relating to all Non-Financial Risk matters, this includes 2nd and 3rd LoD observations and requests associated with GMO.
• Provide support to London and Powai team members when required, this may include performing Balance Sheet and Regulatory Return, Quality and Assurance reviews
• Provide support to the Head of EMEA Finance Control & Oversight, on key risk and control issues and initiatives, when required. This may include risks and issues outside of the GMO Department.

Key objectives critical to success:

• Substantial knowledge and a strong understanding of Banking processes, front to back, with extensive experience in Finance.

Skills, experience, qualifications and knowledge required:

• A passion for process improvement and transformation
• Enquiring mind-set, always seeking to fully understand a risk or an issue
• Confident in challenging senior stakeholders

• A control mind-set is essential, together with superior analytical and problem solving skills

• Excellent knowledge of Microsoft Office packages (Excel, PowerPoint, Word). Knowledge of Power Bi is useful but not essential.

• Ability to be flexible when required
• Self-starter, proactive big picture thinker
• Good organisational skills; ability to manage a variety of tasks simultaneously and deliver to tight deadlines

• Excellent communication skills, both verbal and written as well as presentation skills

• Advanced degree preferred in accounting, finance or business administration
• Good understanding of SOX controls and risks that effect GMO
• Solid interpersonal skills

Nomura competencies

Trusted Partner

• Understand clients' needs and issues, and provide solutions utilizing Nomura Group company's resources, earn the clients' trust
• Acquire a wide range of knowledge as an employee of Nomura, instead of focusing only on one's own area of expertise; play a part in improving the company's services level and corporate value

Entrepreneurial leadership

• Take on new challenges for improvement and cultivate a corporate culture of challenge by driving change in business operations

Teamwork

Collaboration

• Ensure views are not biased, accept different opinions and perspectives, and collaborate with other members to create common values

Influence

• Provide appropriate guidance to others and act in a manner that places emphasis on the performance and growth of the organization

Integrity

• Improve further the understanding and awareness of corporate philosophy, professional ethics, compliance risk management, and code of conduct, and make decisions and take actions from a management position

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.