COM - Central Compliance Professional

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 riskbased control testing and reviews across various business areas & regions Evaluate policies, procedures & transactions, reports etc. by employing strong investigative techniques such as indepth 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 SelfAssessment or Compliance Risk Assessment Proficiency in compliance testing methodologies & tools Strong communication & reportwriting abilities Excellent analytical and problemsolving skills Good working knowledge of financial products and services Ability to work with multiple teams as we'll 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 Proactive, with a mind set to drive efficiency Ability to identify issues and knowing when to escalate Selfstarter, with an ability to multitask Critical thinking, Conflict Management Nomura Core Competencies: Competencies Behavioral Indicators Culture & Conduct Building Nomura s Culture Diversity & Inclusion Professional Integrity SelfAwareness Contributes to desired culture Sets positive example Aware of different values/styles Holds high standards of behaviour Aware of own strengths/weaknesses ClientCentricity & Business Acumen Commerciality ClientCentricity 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 ExecutionFocus Planning & Organizing Adaptability Demonstrates accountability/commitment Takes on challenging assignments Executes priority actions ontime Keeps stakeholders updated Manages expectations Persists when confronted with resistance Nomura Leadership Behaviours: Leadership Behaviours Description Element Exploring Insights & Vision Comprehensively analyse the nature of the problems we face and set our focus toward the future vision Gather Intelligence Create a vision Identify an issue Making Strategic Decisions Analyse options and feasibility to resolve issues, in making judgments and recommendations Identify countermeasures Assess feasibility Make a judgment Inspiring Entrepreneurship in People Promotes the vision and goals to others in such a way that inspires commitment and independent contributions Influence Inspire Commit Elevating Organizational Capacity Maximize organizational productivity through leadership development and engagement Have an ownership in own development Support other s growth Encourage organizational growth Inclusion Respect diverse perspectives and promote psychological safety and the creation of a risk culture Foster psychological safety Encourage the active participation of all talent Foster a risk culture