Internal Auditor Finance Associate

Corporate Title: Associate

Department: Internal Audit

Location: New York

The base pay range for this position at commencement of employment is expected to be between $120K and $150K/year* (see below footnote for additional compensation and benefits information).

Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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 :

The department is a key part of the firm's corporate governance and the department's primary objectives are to review the company's control environment and report any weaknesses identified to the Audit Committee and senior management.

The department in the US comprises over 35 professionals, split across Business, Risk, Finance, Operations, Legal & Compliance and IT audit teams reporting functionally to the Global Portfolio Directors of each division and to the Regional Head of Internal Audit for the Americas.

Role description:

The Associate, Finance Audit Professional position is a role within Nomura Internal Audit. It reports to the regional lead manager responsible for audits of the Finance Division in the Americas. The Associate will have opportunities to take responsibility for major sections of audits of Finance and other functions. Other aspects of the role include supporting related Internal Audit activities, including risk assessment, issue remediation validation, continuous monitoring, and continuous auditing. The role involves frequent coordination with members of the other Internal Audit teams covering IT, Operations, Global Markets, Investment Banking, Legal & Compliance, Investment Management and Risk Management.

In this role the Associate is expected to:

• Assist in the scoping and execution of assurance work in regional and global audits.
• Assess risks and evaluate the strength and viability of control structures and procedures within Finance and other functions.
• Ensure all audit work is executed in accordance with Departmental Audit Methodology and documentation standards
• Review the implementation of data management frameworks.
• Stay actively engaged in all phases of assigned audits, from audit planning through testing, completing work-papers, drafting and clearing audit issues with stakeholders, and monitoring own time against budgets and deadlines.
• Monitor issue remediation status monthly and verify that issues are remediated prior to closure.
• Develop and assist in the implementation of effective data analytics and automated testing to identify internal control weaknesses during internal audit reviews and continuous auditing.
• Remain current on any changes to Nomura's risk profile through continuously monitoring the assigned area of responsibility and establishing close contact with Finance stakeholders. This includes participating in the maintenance of a quarterly dashboard analysis that tracks audit results, operational risk events and other key metrics, and updating the audit risk assessments appropriately.

• Assist in the monitoring of changes in Finance processes and systems, and adapting audit plans accordingly.
• Produce monthly reports of audit activities for Finance stakeholders.

Skills, experience, qualifications and knowledge required:

Prior experience in the audit of functions within a large financial institution. The candidate should have many of the skills and qualifications listed below:

• A good understanding of key processes, risks and controls in a large financial institution, with a preference for knowledge and experience in the Finance audit portfolio (Financial Reporting, Regulatory Capital Reporting, Taxation, Independent Price Verification, Collateral Management, Profit and Loss Reporting, Accounts Payable).
• Expertise in understanding, assessing and documenting relevant risks and controls, and a good understanding of the role of technology.
• Experience in and ability to discuss risks and control issues effectively with senior auditees.
• Demonstrated ability to work across teams and multi-task.
• Confident manner and well-developed communication (both verbal and written), influencing, interpersonal and project management skills.
• Experience in designing or executing data analytics to improve audit efficiency and effectiveness.
• Accounting or Audit professional qualifications.
• Good understanding of US market structure, and the regulatory compliance environment, including SEC and CFTC regulatory requirements applicable to the global markets in the US.

Preferred Qualifications:

• A Bachelor's or Master's degree in Business, Finance, or Accounting

Nomura Leadership Behaviors

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, 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