Global Markets Senior Management Controls

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

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Job title:                           GM Senior Management Controls, NFPE
Division / Department:     Global Markets Division
Location:                          Frankfurt, Germany 

 

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 three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

 

This role resides in our EU entity - Nomura Financial Products Europe (NFPE), based in Germany.

 

Responsibilities

1. GM Entity Controls:

 

Coordinating Global Markets front office deliverables across the global NEHS entities, and in particular for NFPE:

 

• Delivery of Global Markets front office requirements as defined within the overall NEHS Senior Mgmt Controls role.
• Support (and lead where required) senior management control, entity, and trading oversight across GM.
• Lead GM change in NFPE collaborating with the Wholesale NFPE COO and connecting IB requirements whenever possible/practical. Oversight and challenge of changes impacting GM in NFPE.

 

 

Specifics to include:

 

• Own the policy and control framework of GM NFPE – Its appropriateness, documentation, completeness and oversight. Ensuring associated relevant GM NFPE policies and Front office procedures are continually reviewed and kept up to date

 

• Lead Remediation’s as required - Working closely with GM senior management to ensure remediation plans are created and where necessary resources aligned to address control weaknesses identified through WCO, Audit reviews, RCSA, Compliance reviews and monitoring, Operational Risk assessments or risk events

 

• Ensure prompt escalation of issues by GM to relevant control functions and FO Senior Management.

 

• Support Regulatory Adherence - Ensure local/regional entity oversight infrastructures remain compliant with relevant regulatory and statutory requirements at all times while supporting the establishment of global minimum standards for Nomura.

 

• Represent GM (and IB, when required), at internal committees and forums and on any specific regulatory enquiries.

 

2. Front Office Operational Risk activities:

 

• Support and feed into the GM NFPE and EMEA GM RCSA (Risk Control Self Assessments) process, ensuring correct prioritisation, participation, frequency and challenge of outputs. Where necessary work closely with relevant business leads and supervisors to prioritise remediation of control weaknesses. Own the NPFE Operational Risk Frameworks for GM ( RCSA, Scenarios etc).
  • NFPE Op Risk Scenarios – support and input to NFPE operational risk scenarios to ensure that the scenarios are realistic, appropriately aligned with the entity business activities and scale.

 

• Analysing front office risk indicators / data points (key risk indicators, Outsourcing Performance metrics, RCSA and Operational Risk Assessments) to identify trends or areas of potential heightened operational risk and where necessary escalate to senior management.

 

• Monitoring of Operational Risk Events and tracking timely closure across the business and escalation where necessary.

 

• Outsourcing – Oversight and management of the firms service providers ensuring adherence to the internal outsourcing frameworks and standards.  This can be across the Euro