New Business Risk Manager

Nomura Holdings, inc.•New York, NY

49d•Onsite

About The Position

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 www.nomura.com. Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment. The successful applicant will report to the Global Head of New Products based in Singapore, and will work closely with regional and cross regional stakeholders. The New Business Group Risk Associate will be required to manage queries and approval requests for new products and business initiatives, including managing the approval workflow for infrastructure departments and senior management. Raising initial questions/comments on product proposal to business teams. Follow-up with stakeholders on caveats, conditions, post implementation reviews (PIR), etc. Additionally, as required, the individual will be required to support other critical tasks for the New Business Team including transaction committee approvals and project work.

Requirements

Experience in the banking sector
Experience and understanding of banking products
Good project management skills with expertise in dealing with a wide spectrum of stakeholders
Ability to understand different risk types associated with product and service offering (legal, compliance, finance, operational)
Demonstrate ability to run governance frameworks, enforce controls and communicate clearly across all levels of seniority
Strong analytical and problem-solving skills
Excellent communication and presentation skills
Proficiency in Microsoft Office Suite
Minimum Degree from an accredited University

Nice To Haves

Specific product knowledge in equity, FX, credit products will be helpful

Responsibilities

Manage queries and approval requests for new products and business initiatives, including managing the approval workflow for infrastructure departments and senior management
Raise initial questions/comments on product proposal to business teams
Follow-up with stakeholders on caveats, conditions, post implementation reviews (PIR), etc
Support other critical tasks for the New Business Team including transaction committee approvals and project work
Managing product approval process, often under pressure and to tight deadlines, ensuring approvals are correctly documented and records kept
Investigate and assess impact of queries raised by business and corporate partners from the perspective of impact on current approved scope and governance, ie additional approvals
Support various reporting requirements for monthly management meetings, updates of relevant Approved Product Lists, system testing and requirements, training, audit requests, etc
Support project work for efficiency enhancement and scope enhancement; likely including activities related to data analysis, data extraction, requirement gathering, communication and presentation (PowerPoint and excel)
Coordination of committee meetings & logistics and minute taking as required
Providing cover when required for other members of the New Business team