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 www.nomura.com .
Nomura Services, India supports the group s global businesses. With worldclass 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 wellrecognized 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.
Department overview
The GCIO function oversees groupwide technology, operations, and our data office. Our purpose is to support Nomura s business strategy and deliver consistent groupwide services based on common operating principles. We are aligned to our key businesses across the group and operate enterprisewide functions for risk management, governance and controls, supply chain and infrastructure.
The Chief Controls Office (CCO) is a key function within GCIO and our purpose is aligned to the GCIO Strengthen & Protect strategic pillar. We are a global team focused on strengthening GCIO s nonfinancial risk management framework enabling the business to accelerate strategic delivery, whilst enhancing our ability to dynamically manage risks and evidence that we are operating in control.
CCO function is on a multiyear global transformation journey which starts with building the right foundations especially the right skills and capabilities within our global team.
Role description
Nomura in Powai is looking for a Controls Associate to support the India Head of Controls (HoC) service. This team provides risk management advisory and partnering cover, and the role will be responsible for embedding the GCIO Risk Management framework across the region, driving adherence, and strengthening the risk and control culture.
The role offers great potential for involvement across the IT organization as well as interfacing closely with the Operational Risk department, Legal, Compliance, Regulatory Affairs, Business Resilience, Vendor Management, Internal and External Audit.
The position reports to the Controls Lead (VP), India.
You will work with our IT Business Units and IT leads to fully understand and actively manage the Firm s Technology risk profile. In your risk management oversight role, you will need to be able to navigate a landscape of competing priorities understanding which risks to prioritize and which to accept, provide advice and challenge to senior stakeholders, and facilitate and communicate the minimum risk management requirements.
You will be using your collaboration & influencing skills to develop and sustain strong working relationship across our Technology teams globally and Business stakeholders.
Key Responsibilities
-
- Support the Technology risk forum for Powai
- Support implementation and embedding of the GCIO Risk Management Framework
- Support the creation and implementation of policies, standards, controls, indicators etc.
- Support Technology functions and divisions to perform impact assessment on new groupwide standards
- Oversee timely and effectively completion of Risk and Control SelfAssessment
- Oversee control testing, documentation, and remediation efforts
- Oversee the identification, assessment, and management of control issues
- Partner with technology leadership to integrate controls into system development lifecycle and operational processes
- Provide guidance on control design and effectiveness to multiple technology teams
- Support controls lead to drive automation initiatives for control monitoring and reporting
- Support impact assessments for new technology initiatives and changes, e.g., Cloud, AI
- Support effective engagements with 2LOD, 3LOD, auditors, regulators etc.
- Participate in the firm s risk management forums and committees as necessary
Skills & Experience Required
- 810 years experience in Technology Risk Management (First Line of Defense) in the financial services industry
- Strong understanding of risks relevant to GCIO such as Information Technology (IT), Information Security (IS), and/ or Data Management
- Breadth of experience in nonfinancial risk management, for example, Risk Appetite, Risk Taxonomy, Control Library, Risk and Control SelfAssessment, Controls Testing, Issue Management, Scenario Analysis, KRIs, KCIs etc
- Strong communication skills, both verbal and written, with the ability to influence and engage stakeholders at all levels. You should be comfortable in a matrixed managed environment
- Experience operating in a regulated environment and managing stakeholders across the Three Lines of Defense.
- Knowledge of control frameworks (COBIT, ISO, NIST etc.)
- (Preferred) Experience with GRC tools such as ServiceNow Integrated Risk Management or similar
- (Preferred) experience in IT/Cyber regulations, especially from India regulators like SEBI, RBI
- Demonstrated ability to effectively collaborate with globally dispersed teams.
- Accuracy and attention to detail
- Ability to think laterally and take a pragmatic approach, when necessary, to issue resolution
Qualifications
- B.E / B.Tech / MCA / M.Tech
- (Preferred) Risk management certification, e.g. CISA, CISM, CRISC, CISSP
Nomura Leadership Behaviours:
LeadershipBehaviours
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
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.
