COM Central Compliance

Nomura · Banking & Financial Services

Mumbai, India
On-site
Posted today
Legal & Compliance

About the job

Divisional Overview:

Powai L&C in NSIPL broadly covers the areas of Legal and Compliance is responsible for building a robust risk and control framework in Nomura. Powai Legal comprises of the Corporate Legal and Transaction Legal functions, which provide advice and support on corporate, employment and transactional matters. The Offshore Legal team supports global teams on corporate and secretarial matters, Global Markets, and Masters documentation related requirements. Powai Compliance comprises of functions such as Core Compliance, Trade Surveillance, Electronic Communication Surveillance, Financial Crime Compliance, Control Room & Disclosure Monitoring and Central Compliance. The teams provide advisory and operations support to global Compliance teams driven by global / regional policies and regulatory expectations.

Business Overview:

Powai FCC plays a crucial role in safeguarding Nomura against financial crime risks on a risk-based approach by providing centralized global financial crime compliance (GFCC) services and offshoring support across 4 risk pillars – Anti-Money Laundering (AML) Advisory, AML Monitoring, Sanctions, and Anti-Bribery & Corruption (ABC) and 2 support offices – Governance & Strategy, Technology & Intelligence. Powai FCC works closely with global and regional FCC teams, as well as with relevant IT and Operations stakeholders, to safeguard the firm’s sustainable growth by enabling a balanced risk mitigation approach and enhancing operational excellence through a globalized Financial Crime Compliance operating model with standardized policies and robust control framework powered by advanced technology capabilities.

What We Offer:

We support employee wellbeing by ensuring a sense of purpose and belonging.

We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.

Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title

Assistant Vice President (AVP)

Functional Title

Associate

Experience

9-12 years of experience in financial services with at least 6 years in FCC-related roles, including 3+ years in management or supervisory capacity

Qualification

Bachelor's degree in Business, Accountancy, Law, Risk Management or related field; CAMS certification highly desirable

Requisition No.

14917

Role & Responsibilities:

The position reports directly to the Head of Powai FCC, based in Powai, with a matrix reporting line to the Global Lead of Governance & Strategy Office, based in Singapore.

Key responsibilities include:

Governance Framework Development & Maintenance

Support the design and implement comprehensive governance and control frameworks across AML Advisory, AML Monitoring, Sanctions and ABC, including policies and standards

Develop and update risk-focused MI reports, conduct risk assessments and analyses for management review and decision-making

Coordinate audit and regulatory examination preparedness reviews, including gap assessments, remediation tracking and documentation support

Manage and enhance FCC training programs, including content development, delivery coordination and effectiveness tracking

Contribute to policy reviews and framework enhancements with subject matter expertise

Centre of Excellence Establishment & Optimization

Support and manage the transition from regional structure to global service-level deployment through effective project management and coordination

Manage and optimize centralized global capabilities for the following GFCC services:

Maintain various internal lists and risk/control registers with regular quality reviews and accuracy checks

Oversee and ensure quality of L1 reviews of transaction monitoring alerts, including coaching and quality assurance

Coordinate and support initial assessment of L1 escalations of name screening and payment filtering alerts by Operations

Manage due diligence processes and maintain documentation for gifts and entertainment, vendor management, corporate events, sponsorships, and donations

Lead participation in UATs and conduct thorough reviews of key FCC monitoring systems

Manage and coordinate various ad-hoc projects and initiatives across FCC risk pillars

Collaborate with global and regional FCC teams to ensure consistent service delivery and alignment on priorities

Supervise and mentor team members, providing guidance and quality oversight

Mind Set:

Mandatory

Desired

Domain

Strong stakeholder management and communication skills to engage effectively across regions and time zones with ability to influence

Strong understanding of AML, Sanctions and ABC legislations, regulatory expectations and principles; Good understanding of Global Markets, Investment Banking, Wealth Management business models

Change management mindset with adaptability to support transformation initiatives and drive team development

CAMS (Certified Anti-Money Laundering Specialist) certification

Good understanding of data quality controls and data governance principles

Technical

Strong experience in using enterprise-level alert monitoring systems and case management tools; Demonstrated experience in MI development and design, proficiency in data analysis tools (e.g. Power BI, Excel)

Solid experience supporting audit, regulatory examinations, and risk assessment processes with ability to work independently

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

Influence

Inspire

Commit

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

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.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).

Apply on Nomura