VP, Business Risk Manager, Control Office

Job Title:                     Business Risk Manager, Control Office

Corporate Title:          Vice President

Division:                      International Wealth Management

Location:                     Hong Kong

SFID:                            9822

 

Nomura Overview

 

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & 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. For further information about Nomura, visit www.nomura.com.

 

Business Overview

 

Nomura's 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

 

The Business Risk Manager will be responsible for identifying, assessing, and mitigating risks associated with our International Wealth Management services across various global markets. In addition, develop, implement and manage a robust Control Framework to administer the well-functioning of front office activities; whereby identified risks are contained and fulfil the regulatory requirements and internal operating procedures of the Bank.

 

Responsibilities

• Oversee business control functions are operating in an efficient manner.
• Responsible for overseeing continuous assurance reviews on key Front Office activities to ensure adherence to internal policies and regulatory requirements.
• Oversee the preparation of reporting decks including Key Risk Indicators (KRIs) reporting in the monthly Control Forum and publishing monthly Scorecard results.
• Conduct thorough investigations of Operational Losses Events (“ORE”), collaborating with relevant stakeholders to determine sequence of events, identify control weaknesses, and develop preventive action plans.
• Coordinate procedure refresh with relevant stakeholders to identify improvement opportunities on workflows, procedures, and systems to better manage controls and overall client experience.
• Foster a culture of risk awareness among staff, as well as support and provide advisory on risk related matters to Business Units
• Conduct risk or conduct related ad hoc review work as required.
• Provide orientation training for new hires and ad-hoc training to sales staff.
• Ability to supervise junior team members to ensure well-functioning of the department.