VP, Business Auditor (Hong Kong)

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

 

Nomura's Audit department provides independent and objective assurance to the senior leadership team and the Board of Directors on the effectiveness of the company's risk management, control, and governance processes. The team collaborates with senior leadership, business units, and stakeholders to assess internal controls and provide recommendations for improvement, providing guidance on risk management, control, and governance processes to align operations with business objectives. Nomura's Audit team specializes in risk assessment, internal control testing, and audit reporting, known for providing exceptional service to clients. With a strong track record and commitment to innovation and global reach, Nomura's Audit department is well-positioned to continue driving growth and success in the financial industry.

 

Department Overview

The department is a key part of the firm's corporate governance and the department’s primary objectives are to review the company's control environment and report any weaknesses identified to the Audit Committee and senior management.
The Nomura Global Wholesale Internal Audit department in Asia ex-Japan (AEJ) comprises 30 professionals across Singapore, Hong Kong and Korea, who have between them responsibilities across all business lines and support/control functions in the region.

Duties of the Role

Reporting to the AEJ Regional Portfolio Director for Global Markets and Investment Banking Internal Audit, this role will be responsible for leading and participating in integrated audits of Global Markets and Investment Banking businesses. The integrated audits cover front office and supporting control functions including Market and Credit Risk Management, Product Control / Middle Office, Technology and Compliance.
The role involves interacting with senior stakeholders including business and control function heads to understand and assess the risks across a range of complex products and make value added control improvement recommendations. 
As well as performing audit reviews, responsibilities include risk assessments, continuous monitoring, validating major control enhancements, reporting results to senior management, and contributing towards strategic and innovative changes to improve audit effectiveness. 
The primary focus of the role is Global Markets, although the role also offers the possibility to cover other businesses. 

 

Key objectives critical to success
•    Lead and/or participate in global and regional integrated Global Markets audits and deliver the Audit Plan.  
•    Identify and agree value added control improvements with senior stakeholders
•    Support risk assessments of a range of complex Global Markets businesses, and perform continuous monitoring to assess emerging risks.
•    Develop working relationships with desk heads and senior corporate function stakeholders to ensure strong understanding of the business. 
•    Collaborate effectively with subject matter experts within the audit team (e.g. Market Risk, Credit Risk, Compliance and Technology).
•    Work with data analytics experts to develop and implement data analytics and automated testing to identify internal control weaknesses during internal audit reviews and continuous auditing.
•    As a seasoned professional applies solid understanding of audit standards, policies, and local regulations to provide timely audit assurance. 
•    Contributes to the development of audit process improvements as well as internal audit methodology.
•    Effectively collaborate with Global and Regional Portfolio Directors across all regions.

 

Skills, experience, qualifications and knowledge required
•    Strong background and experience of Capital Markets auditing in a major financial institution, Big 4 firm, or consulting firm  
•    Strong analytical skills with the ability to identify key risks and identify control improvements 
•    Strong verbal and written communication skills in English.
•    Strong in project management and building relationships 
•    Accountancy qualification preferred or equivalent industry experience
•    Bachelor’s degree or equivalent
•    Knowledge o