OPS-CS / KYC

Nomura Holdings, Inc.; Mumbai; On-site; INR 500,000 - 900,000; Full time

Job summary

Nomura Holdings, Inc. in Mumbai seeks an Analyst to perform client onboarding and client review functions within the KYC framework. You will conduct background screening with tools like World Check, DJX and Factiva, coordinating with front office and compliance teams to ensure documentation meets Nomura policies.

The role requires 1-3 years of experience, a Graduate/MBA and strong AML knowledge. Working in the Powai KYC team, you will handle risk classifications and data verifications with

Qualifications

• Graduate/MBA with AML/CDD background
• Experience in Client onboarding and KYC processes
• Knowledge of India/AEJ AML/KYC regulations and controls
• Strong writing and verbal communication skills

Responsibilities

• Perform Client onboarding / Client Review functions
• Evaluate and Approve new customer account documentation per Nomura policies
• Conduct background screening using World Check / DJX / Factiva
• Coordinate with Front Office, Client On-boarding, FCT and Compliance teams
• Review and Approve Static Data Amendments for existing accounts
• Review existing clients for status, data veracity and risk classification

Skills

Attention to detail

Written communication

Verbal communication

Time management

Multi-tasking

Analytical thinking

Problem solving

Independent work

Education

Bachelor’s degree

MBA

Tools

World Check

DJX

Factiva

Job description

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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 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:

The Operations division provides the support and control infrastructure that enables the Firm to develop and deliver financial products throughout the world. Working with the Sales, Trading and Information Technology Divisions, Operations professionals are responsible for the management and execution of transactions in a manner which maximizes profitability and minimizes risk. Our division is responsible for the management and execution of millions of securities transactions on a daily basis. Our responsibilities include trade processing, confirmation, settlement, fails management, margin, asset servicing, risk management, reference data management and various other client services. In partnership with sales, trading, prime services, information technology and other teams from across the bank, we apply a continual focus on improving productivity and efficiency, while seeking new and innovative ways to support our clients' changing needs.

Business Overview:

The KYC team in Powai is part of the CSG function and plays an exceptionally key role in the firm supporting AEJ, Japan, EMEA and US businesses with a current team size of 130+ team members which includes 8-10 Associates / Managers. The team supports KYC On-boarding & Rolling Reviews for low, medium and high-risk clients, including private clients. Along with KYC, the responsibility of the team is also to provide solution on the potential issues identified by the various stakeholders in the firm and provide a turnaround time to be able to resolve the issues associated to KYC. The team works with the business and acts as an AML/KYC governance enabling function ensuring that all relevant AML/ KYC risks and regulations are properly managed. The team also closely works with the regional partners on audit and data quality associated tasks. There are plans to expand Powai footprint and develop / leverage Powai capability by transitioning more activities over to the Powai KYC team.

Position Specifications:

Corporate Title

Analyst

Functional Title

Analyst

Experience

1-3 years

Qualification

Graduate/MBA

Requisition No.

Role & Responsibilities:

Responsible for performing Client onboarding / Client Review functions

• Evaluating and Approving new customer account documentations and supporting information in order todetermine whether they satisfy the client on-boarding identification requirements as per Nomura policies and procedures
• Conduct the background screening on the Client name & other officials' names using tools such as World Check / DJX / Factiva.
• Interact with the front office/client integration to ensure that proper account documentation is obtained from the customer prior to approving client on boarding
• Interface with and provide support to Client on-boarding, FCT and Compliance teams
• Reviews and Approvals of Static Data Amendments for existing customer accounts
• Conduct reviews of existing clients for status, data veracity and amendments, status, country of incorporation and assign appropriate risk classification

Mind Set:

Mandatory

Domain

• Strong understanding of AML and Client Onboarding regulations for India/AEJ
• Attention to detail and commitment to quality. Strong writing and verbal communication skills.
• Strong time management skills and ability to multi-task. Outstanding analytical and problem solving skills.
• Strong desire to learn each task and ensure completion in a timely manner

Technical

• Bachelor’s degree and expertise in CDD/AML
• Ability to think strategically, along with the business and compliance. Ability to work independently and perform complex AML surveillance reviews and investigations analysis. Experience in working with virtual teams is a plus.

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.