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 www.nomura.com
Department overview:
The Internal Audit department is a key part of the Nomura’s corporate governance structure – the “third line of defence” – and the department’s overarching objective is to provide independent assurance to senior management and the relevant audit committees as to the robustness of the company's control environment, and to identify and report any weaknesses. The Asia ex-Japan (AEJ) Internal Audit team comprises 30 permanent headcount of which nine are located in Hong Kong, 20 in Singapore and one in Korea, covering all Nomura’s businesses in the region.
Nomura’s Internal Audit department has professionals reporting to the Head of the Global Wholesale Division Internal Audit, comprising business, risk, data, and IT audit specialists. The Risk Audit function is a team of specialist auditors focused on providing assurance over the controls within the Risk Management division. The AEJ Risk Audit team is centred in Singapore and is part of the Global Risk Audit team.
Role description:
- Experienced auditor covering all elements of Nomura’s business in AEJ, including but not limited to Risk Management processes, reporting to the AEJ Internal Audit Regional Portfolio Director for Risk Management. The principal role involves defining and executing assurance work over various regional businesses and the control functions supporting them, with an emphasis on Risk Management activities. The candidate will work closely with multiple members of the Internal Audit team in the region and globally. A summary of the key responsibilities is set out below:
- Help to perform risk assessments of Nomura’s Risk Management functions, and assist in developing the annual audit plan
- Under supervision of a Regional Portfolio Director, take part or the lead in planning and executing audits, including taking responsibility for specific aspects of the audit work, and working closely with specialist auditors in IT, data management and data analysis where necessary, mostly around in market, credit, model, and liquidity risk management processes, as well as stress testing.
- Help to design and execute data analytics for audit assignments
- Identify emerging risks and control gaps, draft and promptly report audit findings to line management, and suggest practical solutions
- Follow up audit recommendations post-audit, assess residual risk, validate remedial work performed and close issues
- Perform and document aspects of Internal Audit’s quarterly continuous monitoring programme, in order to identify changes to risk assessments, audit plan or audit universe
- Learn, understand, apply, and help strengthen the department’s audit methodology
Requirements
- Must have strong audit skills and a good knowledge of at least certain aspects of risk management processes
- Understanding of current and upcoming regulatory requirements impacting Risk including but not limited to Basel III, CRD IV, Dodd Frank, FRTB
- Must be able to work independently and pro-actively, must be comfortable multi-tasking, and must demonstrate a strong sense of ownership and commitment to delivery
- Must have strong oral and written communication skills in English, and have the confidence to deliver tough messages and have difficult conversations
- A degree in a related discipline or a professional accounting qualification is expected, although not essential for an otherwise outstanding candidate
- Working knowledge of market, credit, model or liquidity risk management ideally gained through practitioner experience, specialisation in one of those being desirable
- 6 years of audit experience in the financial services sector is expected, although not essential for an otherwise outstanding candidate
- Some international experience is strongly preferred
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
SFID: 4192
