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Operational Risk Management Associate

Company: Nomura
Location: New York City
Posted on: June 12, 2021

Job Description:

Job Title: Operational Risk Management Associate

Job Code: 1195810

Skill Category: Compliance

Location: Americas Client Job Ref:

Job Type: Permanent

Post Start Date: 12 May 2021

Post End Date:

Job Summary:

Company overview

Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset 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

Department overview:

The Americas Operational Risk Management (ORM) team is part of the Compliance Department and is responsible for the development and ongoing support of a consistent Firm-wide risk and control framework. The framework must meet both global and local regulatory requirements, as well as the needs of senior management and the business lines. The key objectives of the team include the identification of Operational Risks, identification of control gaps, reduction of losses, the protection of both our clients and the Firm and to avoid any regulatory impact/scrutiny, leveraging the Four Pillars of the Operational Risk Management Framework:

  • Operational Risk Event Reporting
  • Risk and Control Self-Assessment (RCSA)
  • Key Risk Indicators (KRI)
  • Scenario Analysis

Role Description:

As a key member of the Americas Operational Risk Management team, this is a highly visible role with considerable growth potential and broad responsibilities. The position will involve:

  • Assist in efforts along with the Americas ORM Team to provide 2nd Line of Defense Operational Risk oversight of Global Markets Sales & Trading businesses
  • Acting as an independent challenge function to the business by providing independent feedback and escalation
  • Leading departmental Aggregated Risk Profile meetings and coordinating Business Unit RCSAs
  • Recording of Operational Risk Events and monitoring remediation actions to ensure appropriate actions are taken to mitigate control weaknesses
  • Partnering closely with regional and global Operational Risk Managers, Lines of Business COOs and Business Control teams to actively manage day to day operational risk
  • Assist with the implementation of the operational risk framework and embedding risk culture across the organization
  • Liaising with Compliance and Internal Audit to ensure alignment of objectives, coverage and strong information flow

Skills, experience, qualifications and knowledge required:

  • Prior experience in working with Front Office / Sales & Trading preferred
  • Operational Risk background preferred
  • Strong knowledge of Global Markets cash and derivative products, valuation, and risk
  • Excellent communication and presentation skills
  • Ability to analyze problems and formulate conclusions and recommendations
  • Excellent organizational skills with the ability to multitask in a complex and dynamic environment
  • Ability to build strong relationships and influence stakeholders
  • Strong MS office knowledge including Excel, Word and Power Point.
  • Bachelor's Degree with strong academic qualification
  • Ability to speak confidently and authoritatively on a range of subjects and influence opinion

At least 2 years of experience within Financial Services

Nomura is an Equal Opportunity Employer

Keywords: Nomura, New York , Operational Risk Management Associate, Other , New York City, New York

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