COM-Central Compliance

Nomura Holdings, Inc.; Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Benefits offered by this job

Wellbeing services

Wellbeing support

Family-inclusive benefits

Job summary

Nomura Holdings, Inc. in India (Powai FCC) is seeking an Analyst to design and maintain governance and control frameworks across AML, Sanctions and ABC. You will develop MI reports, assess risk, and prepare for regulatory examinations.

You will participate in establishing global capabilities and supporting transition to a global service model. The role requires 7-10 years in financial services with 4+ years in FCC, a Bachelor's in a related field (CAMS desirable), and hands-on experience with

Qualifications

• Bachelor's degree in Business, Accountancy, Law, Risk Management or related field; CAMS certification desirable.

Responsibilities

• Design and implement governance and control frameworks across AML Advisory, AML Monitoring, Sanctions and ABC.
• Develop risk-focused MI reports, risk assessments and analyses.
• Create audit and regulatory examination preparedness reviews, including gap assessments.
• Establish and maintain FCC training programs.
• Support global service-level deployment within GFCC framework.
• Conduct due diligence checks for gifts, entertainment, vendor management and donations.
• Participate in UATs and reviews of key FCC monitoring systems.
• Provide support in ad-hoc projects and initiatives.

Skills

Data governance

AML knowledge

Markets knowledge

Audit support

Change management

Education

Bachelor's degree in Business/Accountancy/Law/Risk

CAMS certification desirable

Tools

Power BI

Job description

Select how often (in days) to receive an alert:

Powai L&C in NSIPL broadly covers the areas of Legal and Compliance is responsible for building a robust risk and control framework in Nomura. Powai Legalcomprises 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 Compliancecomprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Compliance, Control Room & Disclosure Monitoring and Central Compliance. The teams provide advisory and operations support to global Compliance teams driven by global / regional policies and regulatory expectations.

Business Overview:

Powai FCC plays a crucial role in safeguarding Nomura against financial crime risks on a risk-based approach by providing centralized global financial crime compliance (GFCC) services and offshoring support across 4 risk pillars – Anti-Money Laundering (AML) Advisory, AML Monitoring, Sanctions, and Anti-Bribery & Corruption (ABC) and 2 support offices – Governance & Strategy, Technology & Intelligence. Powai FCC works closely with global and regional FCC teams, as well as with relevant IT and Operations stakeholders, to safeguard the firm’s sustainable growth by enabling a balanced risk mitigation approach and enhancing operational excellence through a globalized Financial Crime Compliance operating model with standardized policies and robust control framework powered by advanced technology capabilities

What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title

Analyst

Functional Title

Experience

7-10 years of experience in financial services with at least 4 years in FCC-related roles

Qualification

Bachelor's degree in Business, Accountancy, Law, Risk Management or related field; CAMS certification desirable

Requisition No.

14918

Role & Responsibilities:

The position reports directly to the Head of Powai FCC, based in Powai, with a matrix reporting line to the Global Lead of Governance & Strategy Office, based in Singapore.

Key responsibilities include:

Governance Framework Development & Maintenance

• Design and implement comprehensive governance and control frameworks across AML Advisory, AML Monitoring, Sanctions and ABC, including policies and standards
• Develop and update risk-focused MI reports, risk assessments and analyses
• Create audit and regulatory examination preparedness reviews, including gap assessments
• Establish and maintain robust FCC training programs

Centre of Excellence Establishment & Optimization

• Support the transition from regional structure to global service-level deployment
• Build and manage centralized global capabilities for the following GFCC services:
  • Maintain various internal lists and risk/control registers
  • Perform L1 reviews of transaction monitoring alerts
  • Support initial assessment of L1 escalations of name screening and payment filtering alerts by Operations
  • Conduct due diligence checks and documentation for gifts and entertainment, vendor management, corporate events, sponsorships, and donations
  • Participate in UATs and reviews of key FCC monitoring systems
• Provide support in various ad-hoc projects and initiatives

Mind Set:

Mandatory

Domain

• Understanding of data quality controls and data governance principles
• Strong understanding of AML, Sanctions and ABC legislations and principles
• Good understanding of Global Markets, Investment Banking, Wealth Management business models and associated financial crime risks and red flag typologies
• Experience supporting audit, regulatory examinations, or risk assessment processes
• Change management mindset with adaptability to support transformation initiatives
• Self-motivated with strong ownership, attention to detail, and commitment to quality

Technical

• Experience in using enterprise-level alert monitoring systems and case management tools
• Experience in MI development and design, proficiency in data analysis tools (e.g. Power BI)

Leadership Behaviours

Description

Element

Exploring Insights & Vision

Comprehensively analyse the nature
of the problems we face and set our
focus toward the future vision

• 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

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

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

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.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. 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).