Operational Risk Manager

Company 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

 

Job Title: Operational Risk Manager
Corporate Title: Associate
Department: Risk Management
Location: Singapore
Licensed:  No

Department Overview:
The management of operational risk is a key business priority for Nomura and is vital to the successful delivery of the firm’s strategy. The AEJ Operational Risk Management Team is an independent risk management group (second line of defence) overseeing and ensuring risk management at the Firm level. The Associate Operational Risk Manager is responsible for supporting the implementation and maintenance of the operational risk management framework within the organization. This role helps identify, assess, monitor, and mitigate operational risks across various business units. 

Role Description:
1)    Risk Assessment & Monitoring

• Assist in conducting risk assessments and identifying potential operational risks
• Monitor key risk indicators (KRIs) and risk metrics
• Support the development and maintenance of risk registers
• Participate in risk control self-assessments (RCSAs)

2)    Reporting & Documentation

• Prepare regular operational risk reports for senior management
• Document risk incidents and near-misses
• Maintain operational risk documentation and procedures
• Track and report on risk mitigation activities

3)    Process Improvement

• Support the development and implementation of risk management policies and procedures
• Identify areas for process improvement and control enhancement
• Assist in implementing risk mitigation strategies

4)    Stakeholder Management

• Collaborate with business units to identify and assess operational risks
• Provide guidance on risk management practices to stakeholders
• Support training initiatives related to operational risk management
• Liaise with internal audit and compliance teams

Skills, experience, qualifications, and knowledge required:

Core Skills requirement:

• Bachelor's degree in Business, Finance or Risk Management
• 4+ years of experience in risk management or audit
• Experience working within an Asset Management business / function
• Understanding of operational risk management principles and frameworks
• Knowledge of regulatory requirements and industry standards
• Strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Proficiency in Microsoft Office Suite

Preferred Qualifications:

• Master's degree in related field
• Professional certifications (e.g., FRM, PRM, CISA)
• Experience with risk management software and tools
• Knowledge of Basel framework and regulatory requirements
• Project management experience

Skills & Competencies:

• Strong attention to detail
• Excellent organizational skills
• Ability to work independently and as part of a team
• Good judgment and decision-making abilities
• Analytical mindset
• Process-oriented thinking
  
  

Career Development:

• Opportunity for advancement to Senior Operational Risk Manager
• Access to professional development and training programs
• Exposure to various aspects of risk management and business operations
• This role typically reports to the Senior Operational Risk Manager or Head of Operational Risk and works closely with various business units and stakeholders across the organization.

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