Vice president

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment 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. Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards. Risk Management Division in Powai has the following functions – Credit risk, Market risk, Quant risk, Operational risk and Market Risk Middle Office. Business Unit Overview: Market Risk Management works to identify, monitor, and control the firm’s exposure to risk, and provide analysis on new products and businesses. Powai Market Risk managers liaise with the risk managers in the trading centres daily to help manage their market exposure, set & review risk strategies. Risk managers are also expected to re-engineer the risk reporting process and provide ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior Risk Management/Trading Heads. The Electronic and Algorithmic Trading (EAT) Risk Function sits within Market Risk and is responsible for operating the Firm’s Global EAT Risk governance framework. The function provides 2nd line oversight and challenge of electronic and algorithmic trading activity across all asset classes, viz. Corporate Title Vice President Functional Title Vice President Experience 9-15 years Qualification B. Tech. / B. E. / MBA / CA / CFA / FRM Strategic Risk Management and Leadership Ensuring comprehensive risk oversight of Electronic and Algorithmic Trading (EAT) activities Execute strategic leadership and professional development of junior team members while ensuring comprehensive compliance with organizational requirements, fostering both individual growth trajectories and adherence to all local protocols Lead India Electronic Trading Activities Risk Management Review new and upcoming Electronic and Algorithmic Trading specific regulations. Support regions in performing gap analysis with the Firm’s Stakeholders to determine level of compliance, gaps, and remediation plans Develop and implement comprehensive analytical frameworks, including Management Information (MI) dashboards, Key Risk Indicators (KRIs), and performance metrics to accurately represent operational conditions and facilitate data-driven decision-making Operational Management Develop, implement, and maintain global risk management frameworks, including associated processes, tools, and procedures Oversee and direct Electronic Trading Activities within the India jurisdiction Coordinate and facilitate Risk Committee and Forum proceedings, including preparation and presentation of critical documentation Management Information (MI)Key Risk Indicators (KRIs)Analytics for Electronic Trading operations Orchestrate the annual control review/attestation process Monitor and analyse emerging Electronic and Algorithmic Trading regulations Active involvement in day-to-day risk management of EAT activities Local team management to ensure efficient delivery, local HR/Compliance requirements met Develop and maintain global processes/tooling/procedures supporting risk frameworks Provide support for running of Risk Committees, Forums and preparation of relevant meeting materials Essential Skills and Experience Demonstrated experience in team leadership and management Electronic and Algorithmic Trading Business / Risk / Compliance Management Market Risk Limit Management (including implementation, modification, evaluation, and violation protocols)Non-financial and Operational Risk Management (including Risk Control Self-Assessment, Operational Risk Event Management, and Risk Evaluation)Technology Risk Management (including system architecture comprehension and associated risk factors)Superior stakeholder management and cross-functional collaboration abilities Exceptional time management (project management) skills with proven capacity to manage concurrent priorities with demonstratable track record Expertise in translating complex technical concepts for non-technical audiences Demonstrated analytical objectivity and proven ability to independently identify and escalate risk exposures Prior experience in IT Risk and Control, Algorithmic Trading Risk, Electronic Trading Support, or Electronic Trading Operational Risk Comprehensive understanding of regulatory policies and compliance frameworks Proven track record of successful collaboration with key stakeholders including Traders, Global Markets, IT, Compliance, Legal, Internal Audit, Risk Management, and senior business partners We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age. *The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates. *The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).