At a Glance
- Tasks: Lead operational risk management and engage with senior stakeholders across various departments.
- Company: Join Nomura, a global financial services leader with a rich history since 1925.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Diversity and inclusion are at our core; we welcome all applicants.
- Why this job: Make a real impact in risk management while collaborating with top industry professionals.
- Qualifications: Experience in operational risk or trading, strong communication skills, and a proactive mindset.
The predicted salary is between 80000 - 100000 € per year.
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.
The management of operational risk is a key business priority for Nomura and is vital to the successful delivery of the firm's strategy. The EMEA operational risk team has responsibility for the development of operational risk management for the region, including:
- Developing the operational risk strategy and governance framework
- Establishing a set of operational risk products and services to support the business areas' management of operational risk
- Developing the tools and templates to allow the effective collection, review and use of operational risk information
- Working with Risk & Control officers across the business to embed an operational risk culture throughout the organisation
Operational Risk forms part of the Second Line of Defence within the Risk Department.
The GM Product Manager will be responsible for:
- Leading Operational Risk Management's engagement with regional Trading Senior Management as well as Senior stakeholders supporting the business across Operations, Technology, Compliance and Risk Management
- Providing guidance on risk and control matters, forming an independent and consolidated view of the business risk profile
- Partnering with front office and relevant 2LOD functions (including Financial Risk Management) to deliver on risk mitigation efforts
To support delivery of these priorities, the Operational Risk Manager role will involve:
- Developing a close working relationship with key stakeholders across all departments and providing ongoing communication of key Operational Risk developments and requirements
- Taking ownership of and/or providing direct oversight of the delivery of key business reports
- Developing specific aspects of the operational risk framework as required
- Providing support and challenge to key business stakeholders in their development and maintenance of Operational Risk products
- Using internal and external data sources to identify key trends, issues and other insights requiring further investigation
- Overseeing the delivery of Targeted Risk Assessments and Post Event Appraisals
- Observing and challenging Operational Risk Embeddedness in the 1st line
Key objectives critical to success:
- Primary ORM lead for the senior stakeholders in 1LoD
- Providing independent expert advice to the business areas on operational risk issues
- Developing, disseminating communications and training the business to raise awareness of operational risk
- Actively contributing to the global framework development
- Observing trends and analysing internal and external data to provide value-add observations and recommendations directly to senior management
Candidates for the position should have:
- Experience in the capacity of Front Office COO, 1LOD Risk and Control Role or trading background
- A good understanding of the front to back activities of a Global Markets Trading Business
- Track record of building relationships and advising/challenging senior management on risk matters
- Experience in operational risk or related functions in financial services institutions
- Understanding of the components of an operational risk management framework
- Very strong communication and presentational skills
- Proactive, self-starter who can work effectively as part of a global team
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. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.
Operational Risk Manager - GM Product Manager (Executive Director/ Vice President) in London employer: Nomura International
Nomura is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, Nomura provides extensive training and development opportunities, fostering a culture of diversity and inclusion that empowers individuals to excel in their careers. The firm’s global reach and integrated network ensure that employees are part of a forward-thinking organisation that values creativity and strategic thinking.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager - GM Product Manager (Executive Director/ Vice President) in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to folks on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Ace the Informational Interview
Set up informal chats with professionals in roles you’re interested in. Ask them about their experiences and insights into the company culture. This not only gives you valuable info but also shows your genuine interest in the field.
✨Showcase Your Skills
Prepare to discuss your relevant skills and experiences in detail during interviews. Use specific examples that highlight your problem-solving abilities and how you've managed risks in past roles. Make it relatable to the Operational Risk Manager position!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and really keen on joining our team at Nomura.
We think you need these skills to ace Operational Risk Manager - GM Product Manager (Executive Director/ Vice President) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in operational risk management, especially in relation to Global Markets. We want to see how your skills align with the specific responsibilities mentioned in the job description.
Showcase Your Communication Skills:Since strong communication is key for this role, don’t shy away from demonstrating your ability to convey complex ideas clearly. Use examples from your past experiences where you’ve successfully communicated with senior stakeholders or led training sessions.
Highlight Relevant Experience:Be sure to emphasise any previous roles you've had in Front Office COO or 1LOD Risk and Control. We’re looking for candidates who can show a solid understanding of the operational risk landscape and how it applies to trading businesses.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details directly and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Nomura International
✨Know Your Operational Risk Framework
Make sure you have a solid understanding of operational risk management frameworks, especially in the context of financial services. Familiarise yourself with key concepts like RCSAs and KRIs, as well as how they apply to the Global Markets Trading Business.
✨Build Relationships Before the Interview
Reach out to current or former employees at Nomura to gain insights into the company culture and expectations for the role. This can help you tailor your responses during the interview and demonstrate your proactive approach to relationship-building.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to handle real-world operational risk scenarios. Prepare examples from your past experience where you've successfully identified risks, implemented controls, or advised senior management on risk matters.
✨Showcase Your Communication Skills
As an Operational Risk Manager, strong communication is key. Practice articulating complex ideas clearly and concisely. Be ready to discuss how you've effectively communicated risk issues to stakeholders in previous roles.
