Powai Compliance Testing execution Team works closely with regional teams to implement carry out control testing on various compliance themes. This is done as per practices principles under the Nomura Global Minimum standards of Compliance Testing.
Qualification
Graduate / postgraduate
Role Responsibilities:
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:
o 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 o Identify gaps recommend corrective actions to improve overall levels of compliance
-
Reporting Documentation:
o 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:
o Stay updated on relevant laws, regulations industry standards o Work with stakeholders towards enhancing compliance practices o Collaborate with internal teams to improve control frameworks
Mind Set:
Mandatory
Desired
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 report
writing abilities
- Excellent analytical and problem
solving 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
bachelors 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 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
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
