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Nomura Overview: Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment 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 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. 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. Division Overview: Global Markets Division: Based in Mumbai, the front-office team which works on a team extension model delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a centre of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business’ aggressive revenue targets. The team is playing an integral role in structuring, pricing, risk management and new idea generation. Business Unit Overview: The GM Electronic Trading (eTrading) Risk & Controls is a first line of defence function. The team is part of the Global Markets Front Office Risk & Controls function and works closely with each eTrading businesses, across all asset classes, and technology across Global Markets as well as Second Line functions (Risk Management, Compliance, etc.). The team plans to cover three core areas of eTrading within Global Markets at Nomura: Low Touch (Algo) eTrading – covers all algorithmic trading applications, including for market making, client RFQ’s, executions, etc. High Touch eTrading – covers all the non-algo trading applications, which could be either in-house developed, vendor based or an exchange/ venue provided GUI platform Trading Venues – relates to managing market place (Regulated Exchanges, MTF, OTF, ATS, etc.) where Nomura executes into The GM eTrading Risk and Controls (GM eTRC) is responsible for the build out and maintenance of robust control framework that mitigates risks associated with all of the above 3 areas The current requirement is in the Trading Venues Management team. As part of GM eTRC team, overall mandate applies to all of the members, to ensure efficiency & provide growth avenues Position Specifications: Corporate Title: Associate Functional Title: Associate Experience: 5-10 years of experience Qualification: Masters/ Bachelor’s degree in Business/ Finance/ or similar field from a top tier university (MBA/ BE/ B.Tech, etc.) Requisition No.: 9194 Role & Responsibilities: Maintain the firm wide Trading Venue inventory (Regulated Exchange, MTF, OTF, etc.), including its periodic review, govern new venue on-boarding, etc. Support the review of control design and effectiveness of adherence to regulatory & venue based requirements, e.g. MiFID II self-assessment, FCA Market Watch Review. Assist in timely completion of annual assessments, affirmations, trainings, documentations, etc. (e.g. Venue algo attestations, Risk and Control Self-Assessment) and perform risk related assessments, periodic reviews (Automated Trading Controls Review, Limits Review, etc.) for all of GM eTrading businesses Assist in governance forum preparations, like Electronic & Algorithmic Trading Operational Committee (EATOC), Venue Management Governance forum, etc. with activities such as defining the agenda & flow of the meeting, reviewing venues for key changes, following up with business & senior members for their inputs, reviewing Operational Risk Events & Incidents for inclusion, presenting key metrics, managing Term of Reference (ToR), etc. Developing & continuous review of relevant metrics to reflect the appropriate risk appetite and performance of the eTrading business & venue management Act as the point of contact for eTrading businesses with respect to any Governance Framework related topics and participate in various algo or venue projects Perform monitoring activities across pre-trade trend alerts, trading activity alerts, market volatility alerts, trade validations, etc. Governance and oversight of Nomura’s eTrading activities including maintenance of algorithms & risk controls inventory and related documentation. Documenting end to end eTrading flows, mapping system upstream/ downstream, key controls, market places (trading venues) & legal entities, policies, procedures & frameworks owned & managed by the GM eTrading Risk & Controls team Partner with regional GM eTRC team, Electronic & Algo Trading Risks Management (EAT RM - 2nd Line of Defence), eTrading Compliance (2nd Line of Defence), Internal & External Audit (3rd Line of Defence), Change Management Teams, relevant IT teams, etc. for standardizing & streamlining activities/ processes across the framework Perform reviews on key & recent events/ incidents, to chalk out gaps, suggest relevant controls and propose remediation's for business to focus upon Take part in the strategic implementations, providing views, assisting UAT, ensuring timely completion, gathering enhancement requirements, etc. Bespoke analysis, specific and ad-hoc projects/tasks, attending governance forums representing the team, etc. Mind Set: Strong Analytical and Problem solving skills Good project management skills - planning, coordination/ execution, stakeholder management Is entrepreneurial and independent; self-starter, takes ownership, exhibits integrity, strong motivation and attention to detail Ability to prioritize high volumes of deliverables across multiple disciplines working under pressure Ambition and enthusiasm to succeed in this challenging role Strong analytical skills and a risk assessing mind set. The person should have good communication skill as the job will involve a permanent interaction with the Front Office and all the support functions. Language capability: English at Business level Prior controls & risk (incl. Venue management) or performed audit of Global markets businesses would be preferred, but is not a deal breaker Python / VBA / Dash boarding tools like Power BI / Tableau is also a plus but not a compulsory requirement 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. Show more Show less
