Operational Risk Manager

Nomura Holdings, Inc.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Benefits offered by this job

Professional development and training programs

Opportunity for advancement

Job summary

Nomura Holdings, Inc. in Singapore is seeking an Associate Operational Risk Manager to support the implementation of the operational risk management framework. The role involves conducting risk assessments, preparing reports, and collaborating with various business units.

The ideal candidate should have a Bachelor's degree in a relevant field, at least 4 years of experience in risk management, and proficiency in Microsoft Office Suite. Opportunities for advancement and professional development are offered.

Qualifications

• 4+ years of experience in risk management or audit.
• Understanding of operational risk management principles and frameworks.
• Knowledge of regulatory requirements and industry standards.

Responsibilities

• Assist in conducting risk assessments and identifying potential operational risks.
• Prepare regular operational risk reports for senior management.
• Support the development and implementation of risk management policies.

Skills

Analytical skills

Communication skills

Problem-solving skills

Microsoft Office Suite proficiency

Education

Bachelor's degree in Business, Finance or Risk Management

Master's degree in related field

Tools

Risk management software

Job description

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

Department Overview

The AEJ Operational Risk Management Team is an independent risk management group (second line of defence) overseeing and ensuring risk management at the Firm level. The Associate Operational Risk Manager is responsible for supporting the implementation and maintenance of the operational risk management framework within the organization and helping identify, assess, monitor, and mitigate operational risks across various business units.

Responsibilities

Risk Assessment & Identification

• Assist in conducting risk assessments and identifying potential operational risks
• Support the development and maintenance of risk registers
• Participate in risk control self-assessments (RCSAs)

Reporting & Documentation

• Prepare regular operational risk reports for senior management
• Document risk incidents and near-misses
• Maintain operational risk documentation and procedures
• Track and report on risk mitigation activities

Process Improvement

• Support the development and implementation of risk management policies and procedures
• Identify areas for process improvement and control enhancement
• Assist in implementing risk mitigation strategies

Stakeholder Management

• Collaborate with business units to identify and assess operational risks
• Provide guidance on risk management practices to stakeholders
• Support training initiatives related to operational risk management
• Liaise with internal audit and compliance teams

Qualifications & Skills

Core Skills

• Bachelor's degree in Business, Finance or Risk Management
• 4+ years of experience in risk management or audit
• Experience working within an Asset Management business / function
• Understanding of operational risk management principles and frameworks
• Knowledge of regulatory requirements and industry standards
• Strong analytical and problem‑solving skills
• Excellent communication and presentation skills
• Proficiency in Microsoft Office Suite

Preferred Qualifications

• Master's degree in related field
• Professional certifications (e.g., FRM, PRM, CISA)
• Experience with risk management software and tools
• Knowledge of Basel framework and regulatory requirements
• Strong attention to detail
• Excellent organizational skills
• Ability to work independently and as part of a team
• Good judgment and decision‑making abilities
• Analytical mindset
• Process‑oriented thinking
• Opportunity for advancement to Senior Operational Risk Manager
• Access to professional development and training programs
• Exposure to various aspects of risk management and business operations
• This role typically reports to the Senior Operational Risk Manager or Head of Operational Risk and works closely with various business units and stakeholders across the organization.

Career Development & Advancement

Opportunity to advance to Senior Operational Risk Manager and access to professional development and training programs. Exposure to various aspects of risk management and business operations.

Inclusion & Diversity

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
• 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.