Instinet Internal Auditor- Vice President

Job Description

Job title: Instinet Internal Auditor Corporate Title: Vice President Department: Internal Audit Location: London Company overviewNomura is an Asia-based 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 three businessdivisions: Retail, Asset 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 furtherinformation about Nomura, visit www.nomura.comInstinet, a trading arm of Nomura, operates as an agency-only broker that executes trades for asset management firms, hedge funds, insurance companies, mutual funds and pension funds. Headquartered in New York, Instinet provides sales trading services, tradingtechnologies, trade cost analytics, commission management, independent research and dark pools of liquidity. For further information about Instinet, visit www.instinet.com.Department Overview:The Global Internal Audit department is a key part of Nomuras corporate governance and its primary objective is to review the companys control environment and report any weaknesses identified to the Audit Committees and senior management.The EMEA Internal Audit department comprises 46 professionals, who have responsibilities across business lines, middle and back office support, Risk Management, Compliance and Information Technology.Globally Instinet Audit responsibility is managed by the Nomura Global Portfolio Director of Instinet and Global Investment Banking in the Americas with EMEA oversight provided by the Nomura Wholesale Division Global Head of Internal Audit, who is basedin London.Key objectives critical to success:The Internal Audit department has adopted a fully integrated audit approach and business-aligned auditors are expected to work closely with IT auditors on complex and often global audits.There is a vacancy for an experienced auditor to join the Instinet Europe Audit function in EMEA at Vice President level. The successful candidate will report to the Instinet European Audit Team Lead and will have responsibility for audit work related tobusiness and technology activity across Instinet Europe, including planning and executing audit assurance work in the region and assisting on global audits. This opportunity suits a highly motivated Vice President who has solid experience of auditing businessand technology processes relating to an Equities brokerage environment together with a deep understanding of related regulations. The candidate should have motivation for making an impact in a global organisation and growing their career to the next level.Key Responsibilities:

• Manage and support internal audits of areas across the Instinet business and technology environment in Europe (primarily London and Frankfurt).
• The position has responsibility for annual audit planning and risk assessment, continuous monitoring, audit execution and quality assurance, audit report management, and audit issues follow-up.
• Execute audits in accordance with departmental standards and conducting effective risk assessments on processes/functions (impact versus likelihood) during the audit. Ensure consistent delivery of assignments on time and to quality.
• Assist with the continuous monitoring programme for the coverage of Instinet businesses across Europe, including regular meetings with key auditees and evaluating any changes in the risk profile of which might result in a change in the Instinet audit plan,risk assessments or audit universe.
• Manage and perform risk assessments, at least annually, across Instinet Europe using the departmental risk assessment methodology.
• Support IAs strategic initiative for Data Analytics by being an active supporter and contributor to this initiative. Advocate and develop audit colleagues to utilise data analysis to improve and enhance the audit approach.
• Direct and carry out pre-implementation reviews, special projects, ad hoc investigations and advisory work where required.
• Continually seek to improve audit and departmental processes.

Skills, experience, qualifications and knowledge required:

Strong background and experience of auditing an electronic trading environment and supporting operational processes gained through a combination of education and work experience in a brokerage or financial institution that is subject to global regulatorystandards and mandates.

Strong leadership and management skills: Has a proven track record of demonstrating maturity and leadership, acts as a role model and holds self and others to high standards of excellence. Able to motivate, coach and develop staff to achieve departmentaland personal objectives.

Relationship Management: Has proven ability to build strong relationships with auditees and can effectively manage upwards at senior levels. Demonstrates clear understanding of the business needs and exceeds expectations. Able to network and manage relationshipsat senior levels across the organisation and in the wider financial services industry.

Strong background and experience of managing and executing audits within a brokerage environment. Experience should include, risk assessment, AML processes, sales and client on-boarding, clearing and settlements, transaction reporting, risk management,working knowledge of assessing against key regulatory requirements and expectations (MiFID II RTS 6 and FCA expectations) and provide an audit opinion on areas such as governance, operations and regulatory impact associated with algorithmic trading activity.

Develop and execute data analytics to gain audit assurance over audit activity.

Experience of successfully managing complex regional audit projects, as well as managing multiple audits concurrently.

Sound judgement on the criticality and impact of issues identified, with a risk and commercial focus.

Strong experience of project management and systems development practices and processes.

Strong analytical skills with the ability to identify key risks and formulate audit plans.

Confident manner and strong communication skills, both oral and written.Strong time and project management skills, consistently delivering to deadlines (budg