New Business Group Risk Associate

Job Title: New Business Group Risk Associate Job Code: 12619 Country: US City: New York Skill Category: Risk Location: New York Pay Range: $110,000 to $130,000 per year at commencement. 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 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. Role Description 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 manage queries and approval requests for new products and business initiatives, including managing the approval workflow for infrastructure departments and senior management. The role includes raising initial questions/comments on product proposals to business teams, following up with stakeholders on caveats, conditions, post-implementation reviews (PIR), and other related tasks. Additionally, the individual will support other critical tasks for the New Business Team including transaction committee approvals and project work. Key Responsibilities Managing product approval process, often under pressure and to tight deadlines, ensuring approvals are correctly documented and records kept. Investigating and assessing the impact of queries raised by business and corporate partners from the perspective of impact on current approved scope and governance. Supporting various reporting requirements for monthly management meetings, updates of relevant Approved Product Lists, system testing and requirements, training, audit requests, etc. Supporting 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). Coordinating committee meetings & logistics and minute taking as required. Providing cover when required for other members of the New Business team. Skills, Experience, Qualifications & Knowledge Required Experience in the banking sector. Experience and understanding of banking products; specific product knowledge in equity, FX, credit products will be helpful. 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). Demonstrated 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. Nomura Competencies 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). Compensation and Benefits The 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., the 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. #J-18808-Ljbffr Nomura Holdings, Inc.