Vice President, Data and AI Governance

Nomura Singapore Limited; Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

A leading financial services firm in Singapore is seeking an experienced individual to develop and implement a comprehensive data governance framework. This role involves conducting AI risk assessments, managing data compliance, and ensuring alignment of Data and AI initiatives with business objectives. Candidates should possess a Master's degree in Computer Science and a decade of experience in data roles within financial services. Significant expertise in data governance frameworks and regulatory compliance is essential. Competitive salary and benefits are offered.

Benefits

Equal Opportunity Employment

Professional Development Opportunities

Qualifications

• Minimum 10 years of experience in data and analytics roles in Financial Services.
• Experience with data governance frameworks and compliance.
• Ability to make decisions in line with corporate philosophy and compliance.

Responsibilities

• Develop and implement a data governance framework aligned with regulatory requirements.
• Conduct AI risk assessments and impact analyses.
• Collaborate with cross-functional teams to align Data and AI initiatives.

Skills

Data governance frameworks

Data analytics

Risk management

AI governance

Education

Master's degree in Computer Science

Tools

Data management technologies

Cloud technologies

Job description

Company Overview:
As the agency-model execution services arm of the Nomura Group, Instinet Incorporated subsidiaries provide brokerage services to clients in over 65 markets around the world. Through its advanced suite of electronic trading strategies, experienced high-touch trading group, top-ranked Commission Management services, award-winning desktop trading platform, and unparalleled access to insightful analytics, content and unique liquidity, Instinet helps institutions lower overall trading costs and ultimately improve investment performance. In the US, Instinet also offers a boutique-model Equity Research offering to assist their clients in the pursuit of alpha generation in a changing landscape. Over the course of its 45+ year history, Instinet has introduced a range of now industry-standard trading technologies and has been an innovator at the forefront of the market's evolution. For more information, please visit www.instinet.com.

Department Overview:
The Chief Data Office plays a key role in defining and implementing the firm's data, cloud and AI strategy, driving change through these capabilities, enforcing data, cloud and AI governance for the firm, and elevating Nomura's data culture. Governance remains a critical focus area, and the Chief Data Office, in partnership with Business and Corporate functions, is responsible for ensuring that the firm's data assets are managed in line with the firm's data management framework, policy and standards.

Role Description:
Develop and implement a comprehensive governance framework:

• Develop and implement a data governance framework that aligns with industry best practices and regulatory requirements and ensures compliance with data privacy and security regulations.
• Define data governance policies, standards, and procedures that ensure data quality, security, and compliance with regulatory requirements.
• Upkeep of data and AI risk taxonomies and control libraries
• Collaborate with business stakeholders to identify and prioritize data governance initiatives that support the organization's strategic objectives.
• Design, implement, and maintain comprehensive AI governance frameworks, policies, and standards, ensuring compliance with relevant legal and regulatory standards (e.g., EU AI Act, NIST AI RMF, APAC regulations and guidelines etc.)

Risk Management:

• Conduct AI risk assessments and impact analyses to identify and mitigate potential risks such as bias, privacy violations, security vulnerabilities, and ethical concerns.
• Support data and AI governance audits and assessments to identify and remediate areas of non-compliance and provide recommendations for improvement.

Digitization of governance: Support the development and execution of the Data and AI Governance digitalization strategy, identifying opportunities to enhance the quality and speed of Governance.

Monitoring & Reporting: Define and track key performance indicators (KPIs) and adoption rates for Data and AI and governance and controls, preparing regular reports and insights for senior leadership and regulatory stakeholders

Stakeholder Engagement & Change Management: Collaborate with cross-functional teams, including Legal, Compliance, IT, Data Science, and business units, to promote understanding, adoption, and alignment of Data and AI initiatives with business goals.

Skills, experience, qualifications, and knowledge required:

• Master's degree in Computer Science, Information Systems, Economics, or Operations Research.
• Minimum 10 years of experience in data and analytics roles in Financial Services.
• Experience of relevant laws and regulations in relation to data and financial services firms’ obligations; includes managing and co-ordination regulatory engagement on data matters such as BCBS239 compliance and material outsourcing requirements (Cloud).
• Experience of data governance frameworks, policies and guidelines, encompassing data standards, metadata management, data quality, data stewardship, and data protection.
• Experience with use of data management technologies (data catalogue, data quality management), enterprise and Cloud technologies and associated internal governance and regulatory requirements.
• Experience of AI governance frameworks and controls
• Ability to make decisions in line with corporate philosophy, professional ethics, compliance, risk management and Nomura code of conduct.

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 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.

Nomura is an Equal Opportunity Employer