Operational Risk Manager (EMEA Governance and COO) (12 Months Mat Cover)

Job description:

JOB DESCRIPTION Job title: Operational Risk Manager (EMEA Governance and COO) Job Type: Temporary (PAYE) Contract Duration: 12 months Department: Operational Risk Location: London  Company overviewNomura 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. For further information about Nomura, visit www.nomura.com  Department Overview  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.

  Overview: The role will involve supporting the EMEA Governance and COO Lead who is responsible for meeting the departments strategic objective, including: 

• Risk Framework & Reporting: Implement and maintain the Operational Risk Framework, ensuring Policies and Standards are met within the department
• Business Management & Strategy: Lead the ORM function’s internal operations, including recruitment, internal governance and compliance tracking and co-ordinating with Global ORM
• Transformation & Innovation: Optimise the Target Operating Model (including identification of potential for offshoring activities and optimising matrix reporting and RACI), drive digital transformation, and manage new CTB requests ‘Triage process’
• Legal Entity Framework Harmonisation: Develop a simplified and aligned ORM Legal Entity oversight Framework for all legal entity and business in EMEA working closely with Global ORM.
• Regulatory & Audit Liaison: co-ordinate with internal/ external auditors and regulators to prepare materials, ensure consistent messaging, and track remedial actions.

 Skills, experience, qualifications and knowledge required:Candidates for the position should have:

• Experience in operational or enterprise risk related functions in financial services institutions, particularly in relation to Legal Entity Governance and Framework 
• An understanding of the role of Operational Risk in a Wholesale business
• Display commercial awareness and an understanding of key business priorities
• Have solid understanding of the components of an operational risk management framework
• Be experienced in delivering multi-stream, complex business facing projects/initiatives
• Have excellent communication and influencing skills

  Nomura competencies 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 

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

  Right to WorkThe UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role. 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. 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.  If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.  Nomura is an Equal Opportunity Employer