About this role
<p class="MsoBodyTextIndent"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif"><strong><u>Company overview</u></strong></span></span></p> <p class="MsoPlainText"><span style="font-size:12.0pt"><span style="font-size:10.0pt">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. For further information about Nomura, visit </span><a href="http://www.nomura.com"><span style="font-size:10.0pt"><span style="text-decoration:none">www.nomura.com</span></span></a></span></p><p style="margin:0.0cm;font-size:12.0pt;font-family:Arial, sans-serif"><strong><u>Department Overview</u></strong></p> <p style="margin:0.0cm;font-size:12.0pt;font-family:Arial, sans-serif"> </p> <p style="margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">The Prudential Planning team is responsible for delivering key Recovery and Resolution Planning (RRP) and Capital Planning initiatives for Nomura European Holdings (NEHS, the European consolidation group), primarily driven by UK and European regulatory requirements. The team ensures NEHS is adequately capitalised at all times in addition to identifying any threats to the viability of the firm and helps management identify appropriate actions. The team also supports and facilitates the broader crisis management framework of the firm. The team structure is lean and collaborative, sitting within the Finance department in EMEA. The team spearheads the following:</span></p> <ul> <li style="font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">Trading activity Wind-down (TWD) Planning</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">Recovery & Resolution Planning - Resolvability Assessment Framework</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">Internal Capital Adequacy Assessment Process (ICAAP)</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">Contingency Funding Planning</span></li> </ul> <p style="margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">With the recent crisis events in the industry alongside increasing regulatory and hence senior management focus, the Prudential Planning department is an exciting space with many upcoming initiatives and areas for development.</span></p> <p style="margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-family:Arial, sans-serif">The individual will play a key role in supporting the development, maintenance, and testing of the Recovery and Resolution planning initiatives. The position involves working closely with senior leaders and cross-functional teams to ensure the bank’s strategies and processes are in line with regulatory requirements, preparing and responding to financial distress scenarios, ensuring business continuity and mitigating risks to financial stability. In addition, the team members are key SMEs for overall RRP across Nomura Group globally and hence contribute to the development of the Group RRP framework. This is a great opportunity for the right individual to provide valuable input with senior stakeholder exposure.</span></p> <p style="margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="margin:0.0cm;font-size:10.0pt;font-family:Arial, sans-serif"><strong><u><span style="font-size:12.0pt">Key objectives critical to success:</span></u></strong></p> <p style="margin:0.0cm;font-size:10.0pt;font-family:Arial, sans-serif"> </p> <p style="margin:0.0cm;font-size:10.0pt;font-family:Arial, sans-serif"> </p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Arial, sans-serif"><span style="font-size:12.0pt">An exciting opportunity for an individual to support the implementation of Trading activity Wind Down (TWD):</span></p> <ul> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">Senior Stakeholder Engagement: </span></strong><span style="font-size:12.0pt">Spearhead key messaging to senior management and coordinate to deliver a uniform message to Regulators. Work in close collaboration with Group to both provide guidance and support to the Group TWD framework and ensure alignment in RRP deliverables.</span></li> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">Cross-functional collaborations: </span></strong><span style="font-size:12.0pt">Work closely with departments such as Treasury, Risk Management, Legal, IT, Operations and Business Resilience to deliver key initiatives. Promote awareness and understanding of roles and responsibilities of TWD, and deliver training when necessary</span></li> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">Scenario analysis and stress testing: </span></strong><span style="font-size:12.0pt">Assist in conducting the impact assessment, including scenario analysis and stress testing to evaluate the effectiveness of recovery and resolutions strategies under various financial and operational stress scenarios<strong> </strong></span></li> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">Project</span></strong><strong><span style="font-size:12.0pt"> Coordination:</span></strong><span style="font-size:12.0pt"> Work closely with relevant functions across the bank to ensure smooth TWD End-to End process. Identify and resolve operational issues that may arise during the TWD option </span></li> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">TWD Framework and Playbook: </span></strong><span style="font-size:12.0pt">Assist to lead the creation and maintenance of the bank’s TWD Framework, which outlines governance, implementation and scenario sensitivity deliverables. This includes creation of the process flow, mapping regulatory requirements, and proposing improvements in the overall faframework as the TWD goes live </span></li> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">Reporting and Analysis: </span></strong><span style="font-size:12.0pt">Conduct post-mortem analysis to evaluate the results and effectiveness of the wind down process, identify lessons learn and compile succinct management information detailing outcomes of the wind down </span></li> <li style="font-size:10.0pt;font-family:Arial, sans-serif"><strong><span style="font-size:12.0pt">Innovation: </span></strong><span style="font-size:12.0pt">Identify and Implement areas of improvements in the current and upcoming developments in the department.</span></li> </ul> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Arial, sans-serif"> </p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Arial, sans-serif"><strong><u><span style="font-size:12.0pt">Skills, experience, qualifications and knowledge required:</span></u></strong></p> <p style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"> </p> <ul> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">Experience in Crisis Management and Recovery and Resolution Planning is essential; focus on the <strong>PRA’s Resolvability Assessment Framework (RAF)</strong> and <strong>TWD</strong></span></li> <li style="line-height:106%;font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">Excellent written and verbal communications skills, with the ability to convey complex concepts clearly to senior management and regulators – exposure to senior management would be a plus</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">E</span><span style="font-family:Arial, sans-serif">xperience in risk management, regulatory consulting or related roles in financial services industry</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">Strong analytical skill</span><span style="font-family:Arial, sans-serif">s, with an</span><span style="font-family:Arial, sans-serif"> ability to interpret financial data and regulatory guidelines</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">A strong risk and controls mind-set with the confidence to provide challenge with the ability to manage multiple priorities and projects in a fast-paced environment</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">Ability to operate in an environment with a high level of scrutiny and collaborate effectively with a wide range of internal/external stakeholders </span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">Ability to work independently with minimal oversight and as part of a team</span></li> <li style="font-size:12.0pt;font-family:'Times New Roman', serif;text-indent:17.0px"><span style="font-family:Arial, sans-serif">A proactive ‘can do’ attitude</span></li> </ul><p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong><u>Right to Work</u></strong></span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">The 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. </span></p> <p style="margin:0.0in;font-size:12.0pt;font-family:Aptos, sans-serif"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong><u>Nomura Leadership Behaviours</u></strong></span></p> <p style="margin:0.0in;font-size:12.0pt;font-family:Aptos, sans-serif"> </p> <ul style="margin-top:0.0in;margin-bottom:0.0in" type="disc"> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Explore Insights & Vision: </strong>Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Making Strategic Decisions</strong>: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Inspire Entrepreneurship in People</strong>: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Elevate Organizational Capability</strong>: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.</span></li> <li style="margin-top:0.0in;margin-right:0.0in;margin-bottom:0.0in;font-size:10.0pt;font-family:arial, helvetica, sans-serif"><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong>Inclusion: </strong>Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).</span></li> </ul> <p> </p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt"><strong><u>Diversity & Inclusion </u></strong></span></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees.</span></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">We 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.</span></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.</span></p>