Head of Market Abuse Detection and Compliance Surveillance (Executive Director)

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking. Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia.

Nomura's Compliance department is at the forefront of maintaining regulatory adherence and ethical standards. Our team works diligently to ensure that our business operations align with industry regulations and internal policies. Join us to contribute to a culture of integrity and help safeguard our clients' trust.

The Head of Nomura Europe Holdings (NEHS) Market Abuse Detection and Compliance Surveillance sits within NEHS Compliance. The core Market Abuse Detection and Surveillance Team is based in London and Powai, India. The team currently has a hybrid approach to working with the main office situated near Cannon Street. The role is a senior management role with responsibilities for strategy, designing, maintenance and oversight of the market abuse detection framework including trade and communications surveillance.

Key Responsibilities:

• Oversight of trade and communications surveillance teams including tasks outsourced to other Nomura affiliates.
• Driving the long-term surveillance strategy for NEHS, including data management and analytics, to align with evolving regulatory, technological, and business environments.
• Market Abuse Risk Assessments, scope of surveillance coverage, data strategy and governance, regulatory submissions, overseeing model risk management activities, KPIs and MI.
• Act as the primary liaison for regulators on surveillance matters, ensuring continued readiness for regulatory inspections.
• Proactively collaborate with colleagues across the Front Office, Compliance Advisory, Legal and Risk Management to ensure comprehensive surveillance coverage of all asset classes.
• Partner with Technology to develop and manage the data and tooling and to ensure the successful implementation of the strategic plan.
• Prepare and present relevant information and supporting evidence to Compliance Management of suspicious trading activity identified through existing surveillance tasks or escalations.
• Develop and oversee enhancements including leveraging data analytics and AI to enhance surveillance efficiency and alert quality.
• Manage the transfer of a separate Nomura Group entity’s Surveillance team into the NEHS Surveillance Team.
• Chair quarterly NEHS Surveillance Governance meetings and represent Nomura by attending industry-wide surveillance forums.
• Design and operate the surveillance governance framework, including reporting management information, key risk metrics, and audit findings to senior management.

Skills, Experience, Qualifications and Knowledge Required:

• An end-to-end process mindset.
• Sound compliance risk management judgement and inclusive leadership skills.
• Extensive experience of market abuse surveillance and a deep knowledge of trade surveillance and communications regulatory expectations across major jurisdictions.
• Excellent communication and interpersonal skills including the ability to interact effectively with stakeholders of all levels and senior management.
• Ability to manage priorities, work independently and respond proactively to business needs.
• A disciplined approach to data management.
• Strong analytical, advisory and time management skills.

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve, creating an inclusive environment for all our employees.