Mumbai Sr_ Principal Risk & Control Specialist

Nomura Overview:

 Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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 across four international regions.

 

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.

 

Department Overview:

The Chief Information Office (CIO) function oversees group-wide technology and our data office. We’re aligned to our key businesses across the group and operate enterprise-wide functions for risk management, governance and controls, supply chain and infrastructure. Our purpose is to support Nomura’s business strategy and deliver consistent group-wide services based on common operating principles.

 

The CIO Chief Controls Office (CCO) supports the CIO function in setting and enforcing consistent implementation of a risk-based control framework, to manage all CIO owned level 1 risks within current risk appetite. We support the delivery of the CIO priorities and enable the achievement of Nomura’s strategic ambitions.

 

Key responsibilities:

• Lead the implementation of improvements to CIO RCSA processes
• Establish clear RCSA roles, responsibilities, and accountabilities within the CIO organization
• Develop comprehensive RCSA procedures aligned with Operational Risk Management (ORM) framework requirements
• Coordinate and facilitate RCSA workshops and assessment sessions with CIO business units and 2LOD
• Assess current state gaps and prioritize implementation activities
• Aggregate RCSA results to identify risk themes and control gaps for reporting to the relevant CIO governance forums
• Create training materials, user guides, and quick reference documentation

 

Skills, experience, qualifications and knowledge required:

• Has a strong understanding of RCSA methodologies and best practices in a financial services context.
• Has relevant risk management and control experience within Investment Banking, Audit, a consulting firm, or a related environment/ industry.
• Combines a risk management frameworks skillset with a technical understanding relevant to the CIO risk management agenda - such as Information Technology (IT), Information Security (IS), and/ or Data Management
• Takes a flexible approach to shape strategic direction, responding positively to feedback, internal and external circumstances. Promotes a culture in which the needs and perspectives of a wide range of stakeholders are at the forefront of decision making.
• Acts as a catalyst for change and inspires confidence in stakeholders with the quality and conviction of their work and knowledge.
• Can contribute to a culture that strives to continually improve business processes that impact positively on the business.
• Understands technology – familiarity with cyber security, resilience and related domains preferred.
• Has experience operating in a regulated environment.
• Has experience managing stakeholders across the Three Lines of Defence.
• Has good communication skills with strong attention to detail.

 

 

 

 

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.