Recovery & Resolution Planning; RRP - Trading Wind Down SME

Company Overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura serves 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

The Prudential Planning team is responsible for delivering key Recovery and Resolution Planning (RRP) and Capital Planning initiatives for Nomura European Holdings (NEHS, the European consolidation group), primarily driven by UK and European regulatory requirements. The team ensures NEHS is adequately capitalised at all times in addition to identifying any threats to the viability of the firm and helps management identify appropriate actions.

The team also supports and facilitates the broader crisis management framework of the firm. The team structure is lean and collaborative, sitting within the Finance department in EMEA. The team spearheads the following:

• Trading activity Wind-down (TWD) Planning
• Recovery & Resolution Planning - Resolvability Assessment Framework
• Internal Capital Adequacy Assessment Process (ICAAP)
• Contingency Funding Planning

With the recent crisis events in the industry alongside increasing regulatory and hence senior management focus, the Prudential Planning department is an exciting space with many upcoming initiatives and areas for development.

The individual will play a key role in supporting the development, maintenance, and testing of the Recovery and Resolution planning initiatives. The position involves working closely with senior leaders and cross-functional teams to ensure the bank’s strategies and processes are in line with regulatory requirements, preparing and responding to financial distress scenarios, ensuring business continuity and mitigating risks to financial stability.

In addition, the team members are key SMEs for overall RRP across Nomura Group globally and hence contribute to the development of the Group RRP framework. This is a great opportunity for the right individual to provide valuable input with senior stakeholder exposure.

An exciting opportunity for an individual to support the implementation of Trading activity Wind Down (TWD):

• Senior Stakeholder Engagement:
  Spearhead key messaging to senior management and coordinate to deliver a uniform message to Regulators. Work in close collaboration with Group to both provide guidance and support to the Group TWD framework and ensure alignment in RRP deliverables.
• Cross-functional collaborations:
  Work closely with departments such as Treasury, Risk Management, Legal, IT, Operations and Business Resilience to deliver key initiatives. Promote awareness and understanding of roles and responsibilities of TWD, and deliver training when necessary.
• Scenario analysis and stress testing:
  Assist in conducting the impact assessment, including scenario analysis and stress testing to evaluate the effectiveness of recovery and resolutions strategies under various financial and operational stress scenarios.
• Project Coordination:
  Work closely with relevant functions across the bank to ensure smooth TWD End-to End process. Identify and resolve operational issues that may arise during the TWD option.
• TWD Framework and Playbook:
  Assist to lead the creation and maintenance of the bank’s TWD Framework, which outlines governance, implementation and scenario sensitivity deliverables. This includes creation of the process flow, mapping regulatory requirements, and proposing improvements in the overall fa framework as the TWD goes live.
• Reporting and Analysis:
  Conduct post-mortem analysis to evaluate the results and effectiveness of the wind down process, identify lessons learn and compile succinct management information detailing outcomes of the wind down.
• Innovation:
  Identify and…