Regulatory Change Business Analyst- Associate

Job Description

Job title: Regulatory Change Business Analyst Corporate Title: Associate Level Department: EMEA Finance - Regulatory Control 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.comDepartment overview:Regulatory Reporting is a key component of the Finance Department, which has an excellent reputation within the bank and externally. We pride ourselves on our professionalism within a department with a culture that encourages dynamism and flexibility.Senior management takes a hands-on approach within the department, and is keen to reward hard work, enthusiasm and success. A willingness to constantly question established processes, and strive for improvements is actively encouraged, leading to an everchanging and exciting environment. Nomura presents a unique opportunity to learn and gain experience of a broad range of products and business lines within a supportive setting and surrounded by skilled professionals.The Reporting team is based both onshore and offshore in Mumbai. The majority of daily reporting and a significant proportion of monthly reporting are performed by the team of approximately 20 in Mumbai. The London team also consists of approximately 20people, encompassing a wide variety of functions including oversight of the Mumbai reporting team, partial production of monthly/quarterly regulatory reporting, capital assurance, planning and forecasting, Pillar 3 / ICAAP production and regulatory policyand regulatory change.Role description:The Regulatory Change Business Analyst role is in the Regulatory Control department of Nomuras UK Finance Division, taking responsibility for supporting processes and projects which underpin the external and internal Regulatory Reporting for the Europeanconsolidation group (including the main broker dealer, Nomura International plc). It will include working with colleagues across functions in London, Frankfurt, Mumbai and Tokyo.Working as part of a team the role involves implementing the end-to-end system enhancements across the regulatory reporting platforms for all mandatory and business driven regulatory change. This will involve full QA, testing and regression testing as wellas involvement in writing business and functional requirements.Role responsibilities will include:

• Implementation of any mandatory or business driven regulation impacting the team (e.g. CRR2 & CRR3) working closely with the regulatory IT team to update the regulatory systems
• Full involvement in the quarterly release cycle working to an Agile methodology including quality assurance testing and regression testing
• Involvement in business and functional requirements writing
• Ensuring robust control environment, implementing ongoing enhancements and improvement
• Enhancing controls through implementation of automation initiatives to remove manual processes
• Improvement of data quality through upstream remediation enhancements to remove manual adjustments
• Handover and ongoing support to the regulatory reporting team for all implemented change
• Production of associated change documentation

The role will expect the candidate to seek out and implement new processes as the regulatory landscape continues to change. The individual will be expected to support the teams strategic and ongoing change requirements for process improvement and automation.The role will be challenging, often working to tight deadlines, and will provide a variety of responsibilities covering technical, process & interpersonal perspectives. It will be an excellent opportunity to further develop knowledge of Regulatory Reportingproviding a deep insight into Nomuras Capital, Risk & Regulatory systems and processesKey objectives critical to success:

• Ability to work to high degree of accuracy with logical and structured approach
• Ability to identify issues and investigate / escalate appropriately
• Flexibility, maintaining awareness of ever changing International and UK regulatory capital rules, and resulting change to business processes
• Ability to embrace new technology and demonstrate initiative to adapt to changing business processes
• Ability to communicate clearly and concisely with colleagues and build relationships within the department and across functions

Skills, experience, qualifications and knowledge required

• Experience in a regulatory reporting or regulatory change role essential with knowledge of Axiom SL or equivalent vendor package
• Good communication skills (written and verbal)
• Deadline focussed working to set priorities
• Organised and methodical with attention to detail
• Good Excel skills. Additional knowledge of test automation tools useful
• Investment banking product knowledge desirable
• Experience of project lifecycle, working to Agile methodology desirable

Nomura competenciesTrusted Partner

• Acquire professional behaviours and foundational skills
• Communicate to others with respect
• Acquire basic knowledge and skills necessary for the role
• Continue to engage in self-improvement activities as a financial service professional

Entrepreneurial leadership

• Perform all tasks proactively with a sense of ownership

TeamworkCollaboration

• Acquire professional behaviours and communication skills
• Seek advice from senior colleagues and act accordingly

Influence

• Understand the role, responsibilities and business strategy and act accordingly

Integrity

• Understand the significance and importance of corporate philosophy, professional ethics, compliance risk management and code of conduct.