Auditor

Overview:
 
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 www.nomura.com
 
Nomura Services India, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

There is a vacancy for an experienced Risk Auditor to join Nomura’s Audit function in Mumbai at Associate level. The
successful candidate will report to the Risk Audit team in Mumbai and will be responsible for executing assigned
testing in integrated global Risk Management audits and issue validation.
This position will be based in India but will be expected to work on global integrated and complex risk audit
assignments working closely with Risk SMEs and IT auditors. The Risk auditors are primarily responsible for executing
risk management audits in relation to the Wholesale division covering processes relating to Risk Management
function, and regulatory compliance.
This opportunity suits a highly motivated individual who has experience of auditing Risk Management functions (such
as Market Risk, Credit Risk, Operational Risk) together with an understanding of risk management processes,
applications, and related global regulations, especially CRD IV / BASEL 3 and BCBS 239 (Risk Data Aggregation and
Reporting). The main duties of the role are:
• Under supervision of a Regional Portfolio Director or Risk Type Leads, participate in global / regional Risk
Management audits, working closely with specialist auditors in Model Risk, Market Risk, Credit Risk,
Operational Risk and Technology where necessary.
• Conducting process walkthrough and identifying key risks, controls, and performing Design and Operational
Effectiveness tests with minimal supervision, document workpapers in line with Nomura Internal Audit
methodology, agree issues with management and drafting of issues and audit report.
• To analyse data sets and identify trends, outliers, deficiencies, etc. based on requirements of audit steps .
• Identify emerging risks and control gaps, draft and promptly report audit findings to line management, and
suggest practical and innovative solutions.
• Perform risk assessments of Nomura’s Risk Management function and assist in developing the annual audit
plan.
• Remain current on any changes to Nomura’s risk profile through continuous monitoring of the assigned area
of responsibility and establishing close contact with key stakeholders. Participate in the audit continuous
monitoring / continuous auditing programme covering Risk Management division 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.
• Follow up audit recommendations post-audit, assess residual risk, validate remedial work performed and close
issues.
• Learn, understand and apply the department’s audit methodology.
Skill and Experience Requirements
Skills and Experience
Strong

Nomura Leadership Behaviours

 

• 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 inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Equal Opportunity Employer:
 
Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.