HR Compensation & Analytics Associate

Nomura Holdings, Inc.; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

Nomura Holdings, Inc. in Singapore seeks an HR Compensation & Analytics Associate to partner with HR and business leaders on compensation strategy, benchmarking, and analytics.

The role spans IWM/Private Banking advisory, cross-divisional regional analytics, and global reward initiatives, delivering insights to support budgeting and headcount planning. You will lead year-end compensation processes, run bonus modelling, and provide concise presentations to senior stakeholders and Remco, using

Qualifications

• Minimum of 5 years in compensation, reward, or HR analytics in a multinational or financial services environment.
• Strong understanding of fixed and variable pay structures in a global context.
• Proven experience delivering end-to-end year-end compensation processes including bonus modelling.

Responsibilities

• Partner with HR business partners and divisional leadership to deliver compensation advisory and benchmarking.
• Manage year-end compensation cycle, including bonus allocation modelling and salary reviews.
• Conduct competitive benchmarking and survey analysis using market data providers.
• Provide cross-divisional compensation analytics for regional leadership and Remco materials.
• Collaborate with Finance and Strategy to deliver people analytics for budgeting and headcount planning.

Skills

Compensation analytics

Excel

Tableau

Power BI

Workday

SAP SuccessFactors

Stakeholder management

Tools

McLagan

Willis Towers Watson

Job description

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Job Title: HR Compensation & Analytics Associate

Job Code: 14769

Country: SG

Skill Category: Human Resources

Company 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

Divisional Overview:

Our Human Resources department at Nomura is dedicated to attracting, developing, and retaining top talent. We strive to create a positive and inclusive work environment where employees can thrive and reach their full potential. From recruitment and onboarding to performance management and employee engagement, we are committed to supporting our employees throughout their careers. Join our team and be part of a dynamic and collaborative HR function that plays a vital role in driving the success of our organization.

Department overview

The Reward Advisory team sits within the broader Group Reward function in Human Resources, partnering with Nomura’s businesses globally on compensation strategy and people analytics. This is a diverse role spanning three areas of focus: approximately 50% of the role is dedicated to International Wealth Management / Private Banking Divisional Advisory, supporting HR Business Partners and business leadership; approximately 25% is focused on Cross-Divisional Americas Advisory, including support for the AEJ Remuneration Committee (Remco) and other regional compensation topics; and approximately 25% is globally focused, working directly with the Group Head of Reward on firm-wide projects, compensation standards, and innovation initiatives.

Key Responsibilities:

• International Wealth Management (IWM) / Private Banking Divisional Advisory (c.50%): Partner with HR Business Partners and divisional leadership aligned to Corporate divisions to deliver compensation advisory, benchmarking, and annual review support.
• Manage the year-end compensation cycle for the IWM, including bonus allocation modelling, salary review, and pool tree management, working closely with HR Business Partners and COOs.
• Conduct competitive benchmarking, job matching, and survey analysis using market data providers to evaluate the competitiveness of fixed pay ranges and total compensation for new hires and annual review cycles.
• Cross Divisional AEJ Advisory (c.25%): Provide cross-divisional compensation analytics and advisory support across the Asia ex. Japan region, covering multiple business divisions.
• Support the preparation of AEJ Remuneration Committee (Remco) materials, including compensation governance reporting, regulatory disclosures, and policy documentation.
• Liaise with Finance, HR, Business Managers, and Strategy colleagues to deliver people-based analytics and insights that inform regional business decisions.
• Global Projects, Standards & Innovation (c.25%): Work directly with the Group Head of Reward on firm-wide compensation projects, including the design and implementation of global compensation frameworks and standards.
• Drive innovation in compensation and analytics practices, identifying opportunities to enhance tools, processes, and methodologies across the Group Reward function.
• Provide accurate and timely HR data and analysis to support budgeting, headcount planning, and regular HR metrics monitoring across global initiatives.
• Partner with HR stakeholders globally in designing and implementing analytics that identify and address business issues, supporting the broader people analytics agenda.

Skills, experience, qualifications and knowledge required:

• Minimum of 5 years of experience in a compensation, reward, or HR analytics function, either within financial services or a complex multinational organisation.
• Demonstrable commercial awareness of financial services compensation structures, including variable and fixed pay, within a global, matrixed organisation.
• Proven experience delivering a front-to-back year-end compensation process, including bonus modelling, pool management, and salary review.
• Knowledge and experience of working with market data providers, ideally McLagan and/or Willis Towers Watson.
• Ability to build strong relationships as a trusted compensation advisor to senior management and HR Business Partners.
• Strong numerical and analytical abilities, including deep technical expertise in Microsoft Excel; experience with data visualisation tools (e.g. Tableau, Power BI) and/or HR analytics platforms (e.g. Workday, SAP SuccessFactors) is advantageous.
• Proven ability to distil complex compensation and analytics topics into concise, impactful presentations for senior executive and Remuneration Committee audiences.
• Ability to manage multiple priorities and deliver accurate analysis under tight deadlines across a diverse range of stakeholders.

Nomura Leadership Behaviours

• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions : Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People : Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability : Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion : Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER : This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer