Operational Risk Manager - GM Operational Risk Manager; Associate​/Vice President

Position: Operational Risk Manager - GM Operational Risk Manager (Associate / Vice President)
Job title:

Operational Risk Manager – GM Operational Risk Manager
Corporate

Title:

Associate/ Vice President    Department:
Risk Management

Location:

London
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 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 Department Overview The management of operational risk is a key business priority for Nomura and is vital to the successful delivery of the firm’s strategy.

The EMEA operational risk team has responsibility for the development of operational risk management for the region, including:

Developing the operational risk strategy and governance framework

Establishing a set of operational risk products and services to support the business areas’ management of operational risk Developing the tools and templates to allow the effective collection, review and use of operational risk information

Working with Risk & Control officers across the business to embed an operational risk culture throughout the organisation

Operational Risk forms part of the Second Line of Defence within the Risk Department.

Overview:

The GM Operational Risk Manager – reporting to and supporting the Global Markets Lead – will be responsible for:

Leading Operational Risk Management’s engagement with regional Trading Senior Management as well as Senior stakeholders supporting the business across Operations, Technology, Compliance and Risk Management;
Providing guidance on risk and control matters, forming an independent and consolidated view of the business risk profile;

Partnering with front office and relevant 2

LOD functions (including Financial Risk Management) to deliver on risk mitigation efforts.

Business specific coverage will depend on the relevant skills of the successful candidate, Specific Responsibilities To support delivery of these priorities, the Operational Risk Manager role will involve:

Developing a close working relationship with key stakeholders across all departments and providing ongoing communication of key Operational Risk developments and requirements.

Taking ownership of and/or providing direct oversight of the delivery of key business reports (tailored / value add reporting tailored to suit audience)
Developing specific aspects of the operational risk framework as required

Providing support and challenge to key business stakeholders in their development and maintenance of Operational Risk products; including: RCSAs, KRIs, events

Using internal and external data sources to Identify key trends, issues and other insights requiring further investigation and following up with the 1st line stakeholders as appropriate.

Overseeing the delivery, where required, of Targeted Risk Assessments and Post Event Appraisals Observing and challenging Operational Risk Embeddedness in the 1st line (Performance and Operational Risk Awareness review)
Key objectives critical to success:

Primary ORM lead for the senior stakeholders in 1

LoDProviding independent expert advice to the business areas on operational risk issues

Developing, disseminating communications and training the business to raise awareness of operational risk Actively contributing to the global framework development

Observing trends and analysing internal and external data to provide value-add observations and recommendations directly to senior…