Business Management

Job description / Role

Job Type
Full Time

Job Location
Dubai, UAE

Nationality
Any Nationality

Salary
Not Specified

Gender
Not Specified

Arabic Fluency

Not Specified

Job Function
Finance, Business Analysis & Consulting

Company Industry
Finance, Investment & Asset Management

Nomura overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets east and west, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: retail, wholesale (global markets and investment banking), and investment management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.

Department overview

Nomuras International Wealth Management department offers unparalleled financial services and solutions to high-net-worth individuals and families globally. Our dedicated team of experts provides personalized advice and tailored strategies to help clients achieve their financial goals and preserve their wealth. With a comprehensive range of investment products and a commitment to exceptional client service, we are proud to be a trusted partner in navigating the complexities of the global financial landscape.

Role description

Responsible for ensuring business process and procedures are fit for purpose and in line with regulatory requirements of International Wealth Management (IWM) in DIFC, through coordination of requirements with corporate functions like risk and credit management, operations, IT, legal and compliance. Ensure internal procedures are understood by sales staff and consistently applied in practice.

Responsibilities

• Participate in end-to-end process implementation, including the design and localization of procedures for DIFC branch
• Support sales query, ensure service quality and consistency across front office (FO) in alignment with internal policies and procedures
• Ensure sales practices are in adherence to framework and policies
• Lead, participate and/or coordinate business process improvement initiatives/projects. Identify improvement opportunities on workflows, procedures and systems to better manage controls and overall client experience

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• First point of contact for DIFC staff for all BAU Business Management (BM) activities and partner with Front Office Supervision (FOS) locally to ensure FO activities are fully aligned with Nomuras risk and control framework on key risk areas like investment suitability and cross border
• Have an eye on the RM, CSO conduct - ensure risk matters and KRIs are attended to promptly by RM, group head, CSO. Flag and manage reputational risks and conflicts issues
• Partner with DIFC CAO in daily branch management activities and be the deputy for key approvals - travel requests, vendor payments, G&E and other BM approvals related to client accounts
• Actively engage with FO, DIFC CAO, FOS, local compliance and other stakeholders during regulatory reviews and closure of action points if any
• Work closely with finance and compliance teams to ensure timely and accurate submission of all periodic DFSA reports

Requirements

• At least 10+ years of relevant experience within private banking in the Middle East
• Good understanding in wealth management products and relevant regulations
• Experience and familiarity with regulations in the Middle East - DIFC/DFSA related
• Ability to multi-task and prioritize effectively, delivering to strict deadlines
• Strong analytical skills and able to manage multiple tasks and projects at the same time
• Pro-active and independent; with good business acumen
• Good stakeholder management skills including ability to liaise with all levels, explain potentially complex ideas and present findings to senior management

Employment type

Permanent

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.