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: Diverse and inclusive workplace committed to fostering a culture of respect and safety.
- 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 - reporting to and supporting the Global Markets Lead - 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 (tailored / value add reporting tailored to suit audience)
- 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; including: RCSAs, KRIs, events
- Using internal and external data sources to identify key trends, issues and other insights requiring further investigation and following up with the 1st line stakeholders as appropriate.
- Overseeing the delivery, where required, of Targeted Risk Assessments and Post Event Appraisals
- Observing and challenging Operational Risk Embeddedness in the 1st line (Performance and Operational Risk Awareness review)
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 and/or for inclusion in Exec and Board reporting
Candidates for the position should have:
- Experience, in the capacity of Front Office COO, 1LOD Risk and Control Role or trading background - either in 1st or 2nd line capacity - of Global Markets Trading Business, with demonstrable product (Macro, Credit or Equities) knowledge.
- 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 (financial or non-financial)
- Experience in operational risk or related functions in financial services institutions
- Have experience and understanding of the components of an operational risk management framework
- Display commercial awareness and an understanding of key business priorities
- 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- 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 inclusion and respect. Employees benefit from a global network that encourages creative solutions and thought leadership, making it an ideal place for those seeking meaningful and rewarding careers in financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager - GM Product Manager- Vice President in London
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Know their values and how you can contribute to their operational risk strategy.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Operational Risk Manager. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed and shows you're serious about joining us.
We think you need these skills to ace Operational Risk Manager - GM Product Manager- Vice President in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Operational Risk Manager role. Highlight your relevant experience in operational risk and how it aligns with Nomura's needs. We want to see how you can bring value to our team!
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past experiences that showcase your ability to manage operational risk and build relationships with stakeholders. We love seeing real-life applications of your expertise.
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication, so make sure your key points stand out!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Nomura International
✨Know Your Operational Risk Framework
Before the interview, make sure you have a solid understanding of operational risk management frameworks. Familiarise yourself with key concepts and tools that Nomura uses, as this will show your preparedness and ability to contribute from day one.
✨Build Relationships in Your Mind
Think about how you would approach building relationships with senior stakeholders across various departments. Prepare examples of how you've successfully navigated similar situations in the past, as this role heavily relies on collaboration and communication.
✨Showcase Your Analytical Skills
Be ready to discuss how you've used data to identify trends and inform decision-making. Bring specific examples of how your analytical skills have led to successful risk mitigation efforts in previous roles, as this will demonstrate your capability to add value.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and strategic decision-making. Practice articulating your thought process clearly, as this will help you convey your insights effectively during the interview.
