Company overview
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset 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 Internal Audit department is a key part of the Nomura’s corporate governance structure – the “third line of defence” – and the department’s overarching objective is to provide independent assurance to senior management and the relevant audit committees as to the robustness of the company's control environment, and to identify and report any weaknesses. The Asia ex-Japan (AEJ) Internal Audit team comprises 30 permanent headcount of which six are located in Hong Kong, 22 in Singapore, one in Korea and one in Powai, covering all Nomura’s businesses in the region.
Role Overview
Reporting to the AEJ Regional Portfolio Director for Chief Information Office (CIO) Internal Audit, this role is responsible for leading and participating in risk-based regional and global audits of the CIO division. The experience auditor will cover business elements of CIO including Investment Banking Operations (Shared Services, Client Services Group), and other corporate functions such as Data Management, Vendor Management, Human Resource and Corporate Communications.
This role involves other Internal Audit activities including risk assessment, issue remediation validation, continuous monitoring and auditing and contributing towards strategic and innovative changes to improve audit effectiveness. The candidate will work closely with multiple members of the Internal Audit team in the region, and other regions.
The primary focus of the role is Investment Banking Operations, although the role also offers the possibility to cover other businesses.
Responsibilities
- Under supervision of a Regional Portfolio Director, take lead in planning and executing audits, including taking responsibility for specific aspects of the audit work, and working closely with specialist auditors in Technology, Risk and Compliance where necessary.
- Perform risk assessments of Nomura’s Operations and corporate functions business and assist in developing the annual audit plan.
- Remain current on any changes to Nomura’s risk profile through continuous monitoring on the assigned area of responsibility and establishing close contact with key risk stakeholders.
- Perform and document aspects of Internal Audit’s quarterly continuous monitoring programme, to identify changes to risk assessments, audit plan or audit universe.
- Work with data analytics experts and/or develop and execute data analytics and automated testing to identify internal control weaknesses during internal audit reviews and continuous auditing.
- Identify emerging risks and control gaps, draft and promptly report audit findings to line management, and suggest practical and innovative solutions.
- Follow up audit recommendations post-audit, assess residual risk, validate remedial work performed and close issues.
- Stay abreast of emerging trends, best practices, and regulatory changes in the financial services industry, and assess their impact on the organisation’s risk profile and internal audit function.
- Identify emerging Investment Banking Operations risks and control themes to be included in Management and Audit Committee presentations.
- Learn, understand and apply the department’s audit methodology.
- Effectively collaborate with Global and Regional Portfolio Directors across all regions.
- Work closely with Internal Audit teams in other locations.
Requirements
- At least 10 years of audit experience in a major financial institution, Big 4 firm or consulting firm.
- At least 5 years of internal audit experience in the financial services sector, preferably within investment banking.
- Strong audit skills and good knowledge or relevant audit background in Investment Banking business and products.
- Strong project management and relationship building
- Ability to work independently and pro-actively, multi-task, and demonstrate a strong sense of ownership and commitment to delivery.
- Strong oral and written communication skills in English, and have the confidence to deliver tough messages and have difficult conversations.
- Hands-on experience working with data would be an advantage. Data analytics skill and experience in data analytical and mining tools and languages (such as SQL Server, Graph, Python, R) and visualisation technologies (such as Qlikview/Qlik Sene or Tableau) is preferred.
- Accounting or quantitative background, a relevant professional qualification and experience within the internal audit function of a global investment bank and/or large accounting firm.
- International experience is strongly preferred.
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
SFID: 4848
