Head of NEHS 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 and scope of surveillance coverage.
• Data strategy and governance, including regulatory / STOR 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.
• Partner with Technology to develop and manage the data and tooling.
• Ensure the continuing effectiveness of all surveillance controls.
• Prepare and present relevant information and supporting evidence to Compliance Management.
• Develop and oversee enhancements including leveraging data analytics and AI to enhance surveillance efficiency.
• Manage the transfer of a separate Nomura Group entity’s Surveillance team into the NEHS Surveillance Team.

Management:

• Oversight of the Surveillance data strategy.
• Chair quarterly NEHS Surveillance Governance meetings.
• Represent Nomura by attending industry-wide surveillance forums.
• Develop a sustainable process for horizon scanning for regulatory updates.
• Lead Regulatory and/or Exchange enquiries and investigations.
• Oversee the performance of vendor provided surveillance services.

Regional Coordination:

• Work with regional Compliance offices to ensure appropriate surveillance coverage.
• Build and oversee the appropriate governance.
• Co-chair Cross-border surveillance meetings.
• Design and operate the surveillance governance framework.
• Coordinate the provision of monthly MI and Key Performance Indicators.

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.
• Excellent communication and interpersonal skills.
• Ability to manage priorities and work independently.
• Desire to improve processes or methods of working.
• Strong analytical, advisory and time management skills.
• Explore Insights & Vision.
• Making Strategic Decisions.
• Inspire Entrepreneurship in People.
• Elevate Organizational Capability.
• Respect DEI and foster a culture of inclusion.

Diversity & Inclusion: 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.