Global Functional Lead Operational Risk NAM International

JOB DESCRIPTION Job title: Global Functional Lead Operational Risk NAM International Department: Risk Management Location: Philadelphia or New York Corporate Title: Executive Director The pay range for this position at commencement of employment is expected to be between $220,000 and $270,000 annually. (see below footnote for additional compensation and benefits information). 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 Aon’s Benefit Index ® , Nomura’s benefits rank #1 amongst our competitors Department Overview Risk Management supports Nomura to achieve its business goals by partnering with business units across the firm, providing independent advice to the Board and protecting the firm from exposure to losses as a result of credit, market, operational and other risks. The Operational Risk Management (ORM) 2LoD function is part of the Risk Management organization and is responsible for: Developing operational risk frameworks and policies Provide independent oversight over operational risks and challenge First Line of Defense Monitor risk appetite compliance Report to senior management and committees Role Overview: In this role, you will be the leader overseeing our Nomura Asset Management International business in the US and across international entities (NAMI). Top and Emerging Risks: Assess top and emerging risks for NAMI, leveraging on the ORM framework and organization. Team Management: Lead the ORM team members covering NAMI to provide globally consistent and effective check and challenge to 1LoD. Risk and Control Self-Assessment (RCSA): Roll out the Nomura methodology on NAMI entities, ensuring full alignment with the overall Investment Management Division framework. Operational Risk Events: Review events to provide relevant challenge on root causes and mitigating actions. Monitor and identify emerging risks or risk concentrations. Key Risk Indicators: Help define KRIs to monitor the risk profile evolution. Identify early warnings, trends and breaches of risk appetite. Monitoring and Reporting: Provide forward-looking and independent view of risk exposures at periodic meetings with respective business and risk leads. Actively contribute to continuous improvement of risk practices. Scenarios: Provide subject matter expertise as required for scenario analysis. Thematic Review: Identify and conduct thematic targeted risk assessments and deep dives for top and emerging risks for respective risk domain. Risk Culture, Training and Awareness: Promote risk culture, training and awareness of operational risk within NAMI. Required qualifications: 1 5+ year experience in either 1, 2 or 3LoD risk management positions in a global asset management firm. Intimate knowledge of operational risk management principles and framework, including regulatory and fiduciary risks. Proven records participating in transformation project impacting risk framework and organizations Excellent communication and stakeholder management skills Nomura Leadership Behaviours Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. Making Strategic Decisions : Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations. Inspire Entrepreneurship in People : Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. Elevate Organizational Capability : Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing. Inclusion : Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect). *base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”. Nomura is an Equal Opportunity Employer