Control Office

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 four business divisions: Retail, Asset Management,

Wholesale (Global Markets and Investment Banking), and Merchant 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.

Division Overview:

Nomura International Wealth Management (IWM) have more than 50 years of experience delivering

value to our high net worth clients in Asia. Our commitment to deliver bespoke solutions is paired

with judicious planning, coupled with Asia insight to meet clients' wealth planning and investment goal

objectives.

Nomura IWM have access to both global and regional investment opportunities across multiple asset

classes - fixed income and equity securities, including currencies, interest rates and credit in cash,

derivatives and structured products. IWM will take advantage of Nomura's research-based advice,

strong execution capabilities and bespoke solutions that leverage our global expertise in Global

Markets, Investment Banking, Asset Management and other affiliates.

IWM rolls up to Nomura's Wholesale division along with Global Markets (GM) and Investment Banking

(IBD).

Business Unit Overview:

This particular role is within the IWM Business Management team that is being newly set-up on the

lines of existing GM Business Management team. The Business Managers (or CAOs) play a strategic

role in delivering the IWM business agenda. They work closely with the Business Heads to drive their

strategy, execute the business plans and run the floor. They are the face of business for the various

Corporate Functions and are responsible for implementing the business policies.

Position Specifications:

Corporate Title Associate

Experience 4 – 7 years of relevant experience

Qualification MBA (Finance) or CA preferred.

 

Role & Responsibilities:

Role :

 We are seeking a dynamic individual to join the IWM CAO - Business Management team, based in Powai, partnering with the AeJ (Asia ex-Japan) IWM Business Management team.

 The individual will be joining an existing team of Business Managers, working closely with them and various Business Heads.

 She / he will assume day-to-day responsibilities, primarily covering Business Governance & Risk, Strategic Initiatives, Platform upgrades, Client Onboarding topics and helping with bespoke tactical tasks.

 Other tasks include extending Business support to our Sales team (RM / CSOs) on an adhoc and BAU (Business as usual) execution basis.

 The role would require working with all the functions in the IWM space – Sales, Investment Products and Advisory solutions (IPAS), Lending and Credit solutions (LCS), Control Office (CO) and with all the Corporate functions (Tax, Legal, HR, Finance, Compliance, etc).

Responsibilities:

 Business Governance & Risk

- Driving Business committee meetings, platform and control oversight meetings, follow-up on closure of action items.

- External Asset Managers (EAM) / Introducers payment roll out with coordination from Operations and RMs.

- Business as usual on bespoke topics around Post Trip monitoring, Post trade monitoring, Suitability checks, etc.

- Monitor and track Continuous Professional Development (CPD) hours for licensed staff.

- Provide assistance on business continuity management (BCM) matters

 Control and Conduct

- Ensuring adherence to business policies.

- Assist onshore teams in tracking and resolving Audit points and driving closure

- Logging Email Incidents, coordinating and driving any self-identified issues, Ops risk events, etc to closure with appropriate action plans and controls.

Partnering with Technology, Operations, Finance and other Corporate functions

- To provide support for UAT support for each change cycle schedule

- Co-ordinate changes in PRR, Sales notification and monitoring of eventual client communication

- Assist in the management of E-platform

 Client Onboarding

- Internal Rationale & Portfolio Review (IRPQ) assessment and monitoring exercise of overdue attestation for client accounts supporting SG / HK teams.

- Vulnerable Clients (VC) monitoring and assessments done out of Powai.

- Initial name screening of prospects, etc.

- Rolling Review for low & medium risk client profiles and several other adhoc topics.

Mind Set:

Mandatory 

 Good Knowledge of Capital Market products and asset classes (Fixed Income, Equities, Forex, Derivatives)

 Excellent interpersonal and communication skills in building and maintaining strong relationships with key stakeholders and regional counterparts at senior levels

 Strong Analytical and Situational Problem solving skills.

 Good understanding of the Trade Lifecycle and various corporate functions along the Trade Life cycle

 Excellent MS Power-point, Excel and Word skills

 Good project management skills - planning, coordination/ execution, senior management reporting

 Prior experience of driving initiatives in the IWM or Global Markets space.

 Is entrepreneurial and independent; a self-starter, takes ownership, exhibits integrity, initiative, strong motivation and attention to detail

 Ability to prioritize high volumes of deliverables across multiple disciplines working under pressure

Desired

 Prior experience in Wealth Management space

 Ambition and enthusiasm to succeed in this challenging role

 Prior experience in strategy roles would be an added advantage