RSK-Operational Risk Group

Nomura Overview:

Nomura is an Asia-headquartered 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 four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.

Business Unit Overview:

Operational Risk Management (ORM) is a 2nd line of defense governance function providing an integrated operational risk guidance, Non-Financial Risk advisory services enabling Powai to establish, maintain and improve a forward looking risk culture and best practices. The team has close engagements with Powai Divisions in promoting & sustaining global risk and control best practices, adherence to global operational risk policies thereby establishing a mind-set shift amongst all divisions in managing operational risk in the most forward looking manner. Operational Risk management framework are fully embedded in Powai across all divisions with adequate risk monitoring and event escalation mechanisms. In line with overarching vision of CRO and Powai leadership team, the function endeavors to build an eco-system, where operational risk is a central theme for all divisions in building a control conscious organization

Operational risk management (ORM) has 3 teams i.e. Powai ORM (Business advisory team), Reporting team & Risk Analysis, All the 3 teams within ORM reports to Powai Head of Operational risk management

This role is within Risk Analysis team based in Mumbai. This role will be primarily responsible for

• Support the regional onshore ORM team members in the production of Aggregated Business risk profile, committee reporting & analysis of risk data
• Produce specific Regional ORM deliverables as required including to support regulatory or management requests
• Support for any Deep Dive/analysis basis backward looking data (Risk Events, RCSA, KRI)

Position Specifications:

Corporate Title	Associate
Functional Title	Associate
Experience	6- 8 years experience
Qualification	Any Graduate/Postgraduate

Role & Responsibilities

• Production of various Aggregated Risk Profiles packs for different Business Units, Committee Packs & Reports within agreed timeframe by maintaining data quality and accuracy in coordination with regional stakeholder
• Collation and analysis of a range of operational risk information (including RCSAs, KRIs, internal and external operational Risk events), consolidating and developing this information into Aggregated Risk Profiles, Operational Risk Committee, Cross Border Risk Committee and Risk Management Committees reports and others as required.
• Operational risk reporting and analysis, with a focus on streamlining and automating deliverables, including full adoption of Business Objects and data mining and analysis.
• Data Analytics and Visualization, Month on month/ Year on year Trend Analysis
• Monitoring and following up on closure of Operational Risk/events actions, RCSA attestation and other controls.
• Support Deep dives/control testing based on Operational Risk Taxonomy Level 1 aligned by creating standardized Risk data material
• Monitor the key risk indicators capturing, analysis and reporting (Global /Regional)
• Engage/Support UAT testing for Operational Risk management system (Opera)
• To communicate regularly with regional/Internal teams to coordinate for data requirement/submission for various senior leadership forum.

Candidate Summary:

Candidates for the position should:

• Have 6-8 years’ experience in an analysis and reporting function, preferably operational risk or other related function in the financial industry
• Have excellent Excel, data analysis and power point skills
• Have strong attention to detail and produce accurate reporting (Excel, Power point)

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  Knowledge of Power BI/ BO-SRP would be an added advantage
• Be a self-starter and display a proactive approach

Relevant investment and / or operational risk professional qualifications/ IT background are an advantage but not essential.

Mind Set: