Job Description

Nomura Overview:

Nomura Services, India is a core center of excellence powering the group's global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in shaping, strengthening, and accelerating Nomura's global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support, and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program, and the YUVA Unstoppable Changemaker Awards 2021.

Divisional Overview:

The Corporate finance team performs global and seamless Finance operations including trading and product control, Group financial reporting and disclosure, management information and reporting for decision support, planning and development of financial strategy including funding policies and financial analysis, funding and cash management, tax planning and reporting, investor relations management, and much more.

Business Unit Overview

Powai entity (NSIPL) is an integral part of Nomura where mostly support functions are delivered out of this entity. Mainly this entity is an extension of regional teams who are supporting the onshore teams through offshore unit, which is Powai.

Regulatory Reporting is a key function of the Finance Department, which has an excellent reputation within the bank and externally. We pride ourselves on our professionalism within a Department with a culture that encourages dynamism and flexibility. We mainly support Nomura Wholesale business with limited support for Asset Management entities, which based out of Asia.

Senior management takes a hands-on approach within the department, and is keen to reward hard work, enthusiasm and success. A willingness to constantly question established processes, and strive for improvements is actively encouraged, leading to an ever changing and exciting environment. Nomura presents a unique opportunity to learn and gain experience of a broad range of products and business lines within a supportive setting and surrounded by skilled professionals.

The Regulatory Reporting team is based both onshore and offshore in Mumbai. The scope of responsibilities of Powai Regulatory Reporting team includes global coverage for:

• Regulatory Reporting: Compliance with regional regulations and filings to regulatory authorities (PRA, EBA, BaFin, JFSA & MAS), including internal capital and leverage ratio monitoring as per Board-approved risk appetite and external reporting.
• Financial Resource Management (FRM): Work with various Finance, Risk and Front Office functions to increase Business awareness of their Financial Resources usage and ensure monitoring of key regulatory changes.
• Support Regulatory Policy: core focus of the role includes current and future policy and interpretation analysis and policy documentation focusing on Capital Resources, RWA and Leverage ratio policy issues.

Along with the reporting, team is also involved in value added projects, which are part of Global Project portfolio with high emphasis on technical and technological aspects including, but not limited to Fintech initiatives.

Position Specifications:

Corporate Title

Associate

Functional Title

Manager / AVP

Experience

5.5 - 8 years

Qualification

CA / CFA / MBA (Finance) & FRM is a plus

Requisition No.

XX

Role & Responsibilities:

This role focuses on enhancing the validation processes for system implementations within the capital reporting team. Responsibilities include assessing the impact of upstream system changes on regulatory reporting for the Japanese consolidation group and its regulated subsidiaries. The position involves collaboration with colleagues across Mumbai, London, Frankfurt, Paris, Singapore, Hong Kong, and Japan.

Key Responsibilities:

1. Validation & Quality Assurance:

• Validate calculations primarily for standardized approaches including Credit RWA, Leverage Exposure, and Large Exposure
• Extend validation coverage to market risk, operational risk, and capital deductions
• Review and verify the impact of upstream system changes on capital metrics and regulatory reporting outputs
• Ensure data integrity and accuracy across JFSA reporting frameworks
• Raise system enhancement requests with IT for robust standardized calculations.
  
  

2. Impact Analysis & Stakeholder Communication:

• Analyze and summarize the impact of system changes for stakeholder reporting
• Respond to business and management inquiries regarding capital metrics and system modifications
• Conduct comprehensive impact assessments for system enhancements and upstream changes
  
  

3. Technical Development & Automation: (Good to have)

• Build robust testing infrastructure through Python automation, BI tools, and AI-driven solutions
• Develop enhanced monitoring and validation dashboards using Alteryx, Power BI, and Tableau
• Define business requirements and validation criteria for IT implementations in new projects and process improvements

Career Development Opportunity: This role provides a challenging opportunity to develop deep technical expertise in regulatory capital reporting validation while gaining comprehensive insights into the financial positions of EMEA, AEJ, and Japan-based entities within the consolidation group.

Mind Set:

Mandatory

Desired

Domain

• Financial services industry exposure / good working knowledge in Capital monitoring / reporting function
• Capital Market knowledge
• Excellent communication skills & ability to communicate ideas concisely and clearly
• Ability to work in stringent deadlines
• Ability to deliver accurate reports within agreed timelines
• Understanding of financial products

• Proficiency in bringing issues to closure by keeping all the relevant stakeholders informed.
• Previous experience in Capital reporting within Investment Banking is preferred
• Self-starter, problem solver and ability to work with minimal supervision

Technical

Advanced Excel and PowerPoint skills and ability to learn Finance specific systems

Inquisitive mind set with ability to challenge the norm

Working knowledge with Tableau, Power BI, Alteryx, Excel VBA macros and SQL and ability to self –learn similar new age IT tools

The firm is an equal opportunity employer. The firm and its affiliates do not discriminate in employment based on race, religion or belief, gender, national or ethnic origin, disability, age, citizenship, marital or domestic / civil partnership status, sexual orientation, gender identity or gender expression.