Vice President - Financial Crime Compliance - Compliance

Company Overview:

Nomura is a Global 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 four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking) and Merchant 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.

Role Overview:

Working within Asia ex-Japan Legal providing legal support to the Investment Banking Division (“IB”) of Nomura Asia ex Japan, with a particular focus on Debt Capital Markets transactions. In performing such role, the candidate will work as part of a team of lawyers supporting the IB team and also work closely with (i) other members of the Asia Legal team, including product specialist lawyers and subject matter specialist lawyers, (ii) Compliance team members, the New Business Group, internal Risk teams and other corporate functions, and (iii) external legal counsel and other external counterparties.

Function Overview:

Nomura operates in a complex regulatory environment and the role of Compliance department is to ensure that the Firm operates in accordance with the applicable laws and regulations of the exchanges and regulators. Compliance department also works with all levels of the Firm to assist in the development and maintenance of a strong compliance culture and to support the embedding of appropriate behaviours within the firm’s operating practices. Compliance department provides cover for each of the main businesses – Global Markets, International Wealth Management (“IWM”) and Investment Banking/Research, in which Financial Crime Compliance (“FCC”) team ensures the effective implementation of the Anti-Money Laundering (“AML”) and Counter Financing of Terrorism (“CFT”) Compliance regime in Nomura for its non-Japan Asia Pacific offices.

Role Description:

Financial Crime Compliance Officer will be based in Nomura’s Singapore office and reports to the Head of IWM Financial Crime Compliance, AEJ.

Key responsibilities include:

• Enable IWM business by providing sound advice and guidance on FCC related matters for adherence to regulatory requirements and expectations.
• Act as a constructive challenge to 1st Line of Defence’s due diligence of high-risk clients and make appropriate recommendations to address the potential residual financial crime risks identified.
• Conduct enhanced due diligence in consultation with external investigative firm on complex high risk onboarding cases or existing clients with high risk triggered events to assess financial crime related concerns.
• Present residual financial crime risks posed by complex high risk cases to Senior management/ Client Acceptance Committee for deliberation.
• Conduct regular FCC-related training to the IWM business and relevant support functions.
• Guide the junior members of the FCC team in their daily tasks and heighten team’s risk awareness through regular knowledge sharing and case study with the FCC team
• Liaise with audit and regulators on FCC related issues.

Skills, experience, qualifications, and knowledge required:

• University-level Degree in a relevant discipline (Finance, Accounting, Business, Legal)
• Min 10 years of relevant experience in private banks or wealth management firms, with a focus on client due diligence for high-net-worth clients and complex financial structures (such as trusts, private funds/ investment vehicles, foundations etc.)
• Demonstrated understanding and working knowledge of Singapore and Hong Kong AML/CFT/laws, regulations and regulatory expectations.
• Ability to communicate clearly and confidentially; to influence internal and external stakeholders
• Ability to directly address conflicts and escalate issues where appropriate
• Communicates well and across all levels, including senior management
• Good team player, proactive and able to adapt quickly.

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).

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.

Nomura is an Equal Opportunity Employer