COM-Business Compliance

Overview:

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. For further information about Nomura, visit

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 Overview:

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. For further information about Nomura, visit

 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.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. 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.

Divisional Overview:

Powai LCC broadly covers the areas of Legal, Compliance and Conduct, and is responsible for building a robust risk and control framework. The Powai LCC teams support Nomura Powai entities, as well as LCC teams globally to ensure effective risk management of Legal, Compliance and Conduct related risks for the firm. Powai Legal comprises of the Corporate Legal and Transaction Legal functions, which provide advice and support on corporate, employment and transactional matters. The Offshore Legal team supports global teams on corporate and secretarial matters, Global Markets, and Masters documentation related requirements. Powai Compliance comprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Monitoring, Control Room & Disclosure Monitoring and Employee Compliance. The teams provide advisory and operations support to global / regional Compliance teams driven by global / regional policies and regulatory expectations.

Business Unit Overview:

Chief Administrative Office (CAO)/ Chief Operating Office (COO) team is an independent function responsible for driving LCC strategic agenda, control and governance, digital Innovation and automation and topical projects for the global LCC organization. Model Risk Function within the LCC CAO team will work very closely with The Model Risk Management (MRM) team, which is globally responsible for independently validating the integrity and comprehensiveness of all risk models in the firm. The newly established Compliance Model Validation function within MRM will be globally responsible for independently validating the integrity and comprehensiveness of Compliance Models across the firm, with particular focus on Anti-Money Laundering (AML) and Surveillance models. The team will also be developing measures of Model Risk specific to compliance applications, monitoring Model Risk vs. the firm's Compliance Model Risk Appetite and escalates model approval breaches.

Key objectives critical to success:

Primary responsibility is to conduct validation of Compliance Models, including implementation tests and model risk analysis of all internal or vendor compliance models used within Nomura Group. This includes independent model validations of AML transaction monitoring systems, customer risk rating models, trade surveillance models, communications surveillance models, and other compliance-related analytical tools. The role involves assessing these models from the viewpoint of regulatory compliance, effectiveness in detecting suspicious activities, and alignment with regulatory expectations and industry standards.

Position Specifications:

Corporate Title

Associate

Functional Title

Associate/Senior Associate/AVP

Experience

2-8 years

Requisition No.

9503

Essential:

• A strong graduate/postgraduate degree in a quantitative discipline (e.g., Engineering, Statistics, Computer Science, Mathematics) or equivalent experience
• Experience with natural language processing and unstructured data analysis
• Experience with Machine Learning and Artificially Intelligence ideally with Large Language Models and/or pattern recognition techniques
• Strong development skills, particularly in languages commonly used in compliance analytics (Python, R, SQL)
• Strong verbal and written communication skills, especially in explaining technical concepts to non-technical stakeholders
• Self-motivated work attitude with ability to work independently
• Experience in model validation or similar quality assurance roles

Desirable:

• Established experience in compliance monitoring systems and models, particularly in AML and Market Surveillance domains
• Strong understanding of financial crime typologies and regulatory requirements
• Familiarity with major AML/Surveillance platforms (e.g., NICE Actimize, Nasdaq SMARTS)
• Knowledge of relevant regulations (e.g., MiFID II, MAR, BSA/AML requirements)
• Professional certifications in AML or Compliance (CAMS, FRM, etc.)
• Experience working with regulatory bodies or handling regulatory examinations

Nomura Leadership Behaviours:

Leadership

Behaviours

Description

Element

Exploring Insights & Vision

Comprehensively analyse the nature

of the problems we face and set our

focus toward the future vision

• Gather Intelligence
• Create a vision
• Identify an issue

Making Strategic Decisions

Analyse options and feasibility to resolve issues, in making

judgments and recommendations

• Identify countermeasures
• Assess feasibility
• Make a judgment

Inspiring Entrepreneurship in People

Promotes the vision and goals to others in such a way that inspires commitment and independent contributions

• Influence
• Inspire
• Commit

Elevating Organizational Capacity

Maximize organizational productivity through leadership development and

engagement

• Have an ownership in own development
• Support other's growth
• Encourage organizational growth

Inclusion

Respect diverse perspectives and

promote psychological safety

and the creation of a risk culture

• Foster psychological
  
  safety
• Encourage the active
  
  participation of all talent
• Foster a risk culture

Equal Opportunity Employer:

 

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates 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.