COM - Central Compliance Manager / AVP

Job Description

Compliance Testing Specialist is responsible for evaluation & monitoring internal controls, policies & procedures to ensure the organization adheres to applicable regulatory and compliance requirements. This role involves conducting Compliance assessments, identifying risks and recommending corrective actions to mitigate potential violations. The role is a part of 2nd line control testing for respective regions such as EMEA, Americas, AEJ, Japan, Powai. Key responsibilities include: Compliance Testing & Monitoring: Conduct periodic risk-based control testing and reviews across various business areas & regions Evaluate policies, procedures & transactions, reports etc. by employing strong investigative techniques such as in-depth interviewing, inspection, observation and analysis to assess compliance key compliance risks, regulatory requirements, internal Compliance policies and effectiveness of key controls Identify gaps & recommend corrective actions to improve overall levels of compliance Reporting & Documentation: Prepare detailed reports on testing results, findings, and recommendations Maintain comprehensive documentation of compliance testing activities including approach of testing, evidence gathering etc. to further back the findings & exceptions that get reported Develop & document recommendations for actions to be taken by business towards mitigation of compliance risks Present findings to senior management & relevant compliance teams Track open issues & follow up for closure. This includes preparing appropriate management information Process Improvement: Stay updated on relevant laws, regulations & industry standards Work with stakeholders towards enhancing compliance practices Collaborate with internal teams to improve control frameworks Domain / Technical 10 - 12 years of demonstrated experience in a Compliance and / or Control and / or Line of Defence (LoD) function, audit, risk management or related field preferably in the financial services industry Should have worked extensively on control testing and monitoring Strong knowledge of the Business Operational Risk Management Framework, Risk & Control Self-Assessment or Compliance Risk Assessment Proficiency in compliance testing methodologies & tools Strong communication & report-writing abilities Excellent analytical and problem-solving skills Good working knowledge of financial products and services Ability to work with multiple teams as well as to take independent ownership of assignments as a when required Minimum education requirement - bachelor s degree preferably in finance & business Excellent communication and influencing skills, with a good understanding of Compliance and Regulatory requirements Good understanding of the Investment Banking business and the Financial Services regulatory environment Proven project management would be an added advantage Knowledge and understanding of Data Analytics tools and technologies Interpersonal Strong interpersonal and administrative skills, mature judgement, and high ethical standards Pro-active, with a mind set to drive efficiency Ability to identify issues and knowing when to escalate Self-starter, with an ability to multi-task Critical thinking, Conflict Management Nomura Core Competencies: Culture & Conduct Building Nomura s Culture Diversity & Inclusion Professional Integrity Self-Awareness Contributes to desired culture Sets positive example Aware of different values/styles Holds high standards of behaviour Aware of own strengths/weaknesses Client-Centricity & Business Acumen Commerciality Client-Centricity Analytical Thinking & Problem Solving Understands current market Anticipates client needs Pays attention to detail Sees problems, recommends solutions Strategy & Innovation Strategic Thinking & Change Decision Making & Judgment Agility Balances alternative views Knows when to decide/when to escalate Champions new ideas Is both disciplined and entrepreneurial Sees when to escalate Leadership & Collaboration Managing Talent Recognizing and Motivating Supporting, Developing & Collaborating with others Managing Conflict Thinks differently Balances alternative views Knows when/how to compromise Learns from experience Seeks to develop Communication & Connectivity Articulation & Receptiveness Impact Connectivity Assists in recruiting Gives credit Builds productive working relationships Provides constructive, timely and specific feedback Communication & Influence Articulation and Receptiveness Impact Connectivity Adjusts style to suit topic Balances listening/talking Communicates with clarity and consideration Is a proven and credible resource Questions to understand others views Builds internal contact network Willingly effectively works across teams Execution & Delivery Driving Performance Execution-Focus Planning & Organizing Adaptability Demonstrates accountability/commitment Takes on challenging assignments Executes priority actions on-time Keeps stakeholders updated Manages expectations Persists when confronted with resistance