Regulatory Change- Business Re-engineering & Optimization

Job Description

Job title: Regulatory Change - Business Re-engineering & OptimizationCorporate Title: Vice PresidentDepartment: Operations Performance ManagementLocation: LondonCompany 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 business divisions: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 further informationabout Nomura, visit www.nomura.comDepartment overview:The Performance Management Function develops a coordinated approach across Business, Operations and Technology to best meet the demands of the Wholesale Operations group. This function coordinates the focus of the Business Re-engineering & Optimization,Business Intelligence & Analytics and Business Planning & Strategy. The Performance Management function helps to drive strategic change across the organization by sourcing and providing high quality quantitative and qualitative data to inform all levels ofthe Operations and those in other divisions. Service quality and timely delivery are central attributes of our core BAU activities and we are continuously enhancing these to further strengthen our support to the businesses. As a part of our team, youll gain exposure to senior management and our wider business in the region and globally. Its an agile, professional environment that will support your development as it demands excellence, encourages curiosity and rewards originalthinking.Role description:The Operations Performance Management team is looking for a Change Manager who will be responsible for managing a portfolio of business re-engineering and process improvement initiatives within the Global Operations Division. She/he will be required to workin a matrix environment, working with various Operations functional teams and stakeholders at all levels of management in various global locations. Many initiatives will require working with cross functional teams to deliver the program objectives.The initial assignment will be to manage the Trade and Transaction Reporting (TTR) Remediation Program in the Regulatory Operations functional area. Regulatory Operations is a global team that is responsible for managing Nomuras trade and transaction reportingobligations across various jurisdictions including CFTC, SEC, CAD, MiFID, EMIR (ESMA & FCA), SFTR, BOI, ASIC, MAS, HKMA, KRX and JFSA. The objective of this program is to transform the function through delivery of the identified book of work (BoW) which isorganized into multiple work streams, each focussing on a thematic area impacting the function.Key responsibilities include:* Implement governance structure including working groups, roles and responsibilities, meeting frequencies, and status reporting with anticipated risks and issues.* Lead meeting forums, including advance topic planning, scheduling, facilitating, and associated documentation. * Help program sponsor run the Steering Committee (TTR Governance Forum) including scheduling, finalizing the meeting agenda, preparing meeting materials and circulating minutes and follow up actions. * Document well-defined delivery plan with input from BAs, business stakeholders and IT, and ensure that it is realistic and achievable by identifying and correcting weaknesses and gaps.* Develop plan monitoring procedures ensuring tasks, activities, and milestones are vetted with owners weekly to identify slippage, conflicts, scope creep, and inter-dependency problems early enough to mitigate and resolve timely* Ensure risks and issues are documented and those requiring escalation are accompanied by options and recommendations with pros and cons for effective decision makingAbility to decipher, analyse and model financial data which can be used as a basis to delivermanagement reporting to senior audiences, ensuring key messages are understood and can be acted uponThe 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* Ability to set priorities and manage multiple projects, and competing requests simultaneouslySkills, experience, qualifications and knowledge* Bachelors degree in Finance, Accounting, Business Administration or similar employment experience* At least 10 years experience managing medium or large projects in Financial Services.* Familiarity with front to back trade processing and associated functions in a typical sell side firm.* Prior experience of having worked as a PM/BA in Trade and Transaction Reporting projects is required* Good understanding of major regulatory jurisdictions like SEC, CFTC, MiFID, EMIR, SFTR is highly desirable* Solid understanding of project management principles* Execution - Detail-oriented and structured in approach to prioritization, analysis, planning and reporting; Able to multi-task, manage multiple projects and work under pressure to deliver high-quality outcomesNomura competenciesTrusted Partner Understand clients needs and issues, and provide solutions utilizing Nomura Group companys resources, earn the clients trust Acquire a wide range of knowledge as an employee of Nomura, instead of focusing only on ones own ar