Job Title: Project Manager – Risk Management
Corporate Title: Associate
Department: Chief Transformation Office
Location: New York
The pay range for this position at commencement of employment is expected to be between $95,000 and $125,000.
* (see below footnote for additional compensation and benefits information).
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.
Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors
Division Overview:
The Chief Transformation Office (CTO) function is responsible for the delivery of change across the Nomura Group, working closely with the other Chief Corporate Officers in support of the business divisions to ensure we meet our regulatory and strategic long-term goals.
Within CTO, the Risk Change partners with technology and business functions to support implementation of various change and regulatory based initiatives. Team is responsible for providing consulting, business analysis, testing and project management capabilities on strategic system enhancement/migration projects or regulatory change projects such as BCBS 239, Basel III, FRTB etc.
Role Description:
As part of the Risk Management Global Book of Work covering Regulatory, Strategic and incremental business change there is a requirement for a delivery focused project manager with risk domain knowledge. The candidate would be leading a key workstream to deliver across a number of risk initiatives.
- Agreeing project scope with senior stakeholders and managing the project scope throughout the project lifecycle.
- Managing all resources that form part of the delivery team for the project(s), incorporating all resources and their activities into clearly stated defendable plan for the project(s). Supporting and mentoring team members to ensure delivery.
- Ability to work and collaborate with across a broad range of stakeholders across various levels of seniority and experience
- Clearly defining success criteria for each stage of the project and ensuring successful completion of all tasks within the project plan on time and within budget. The overall project will be measured by adherence to delivering against a set of pre-agreed KPIs.
- Understanding and monitoring cross-project dependencies that may impact project delivery.
- Ensuring delivery of projects is in accordance with Nomura's project management governance protocols and standards.
- Effective stakeholder management relating to the project, ensuring through both day-to-day management, and in governance, that project status clearly articulated and timely in its delivery.
- Timely reporting of project status, issues, risks to various management team and governance forum as appropriate. Including issue escalation and resolution with portfolio lead and senior management
- Understanding the front-to-back risk business processes allowing for optimal requirements gathering and synergies between projects.
- Good communication skills and understanding of key Risk business processes to support presentation of complex topics to senior management.
- Interprets the regulatory requirements in conjunction with various Risk stakeholders to manage scoping of business requirements and delivery.
- Act as business gate keeper, control issues being raised to IT and work with the business to ensure issues are raised appropriately, prioritised and are fully understood/agreed globally.
- Works with business users, business analysts (BAs), IT to ensure requirements are correctly captured, understood and delivered in line with expectations.
- Supportive of continuous improvement and drives the retrospective reviews assess to improve delivery quality and cadence within the project and wider organisation
- Strong team player who would be required to work closely with the global business, IT, BAs, QA and development team throughout project lifecycle.
Skills, experience, qualifications and knowledge required:
- Equivalent work experience of 5+ years ideally in Risk management or Risk Technology as a Project or Program manager.
- Good knowledge of the Credit Risk metrics (i.e. PE, PFE, EEPE, Counterparty VaR) or Market Risk metrics (i.e. VaR, IRC, FRTB, Stress Testing).
- Proficient in the use of various tools (i.e. MPP, Confluence, JIRA) to manage project deliverables
- Understanding of Credit/Market risk data flows and architecture including risk limits
- Ability to utilise and adapt delivery methodologies to suit the projects, stakeholders through the lifecycle of the project
- Ability to lead dedicated workstreams and manage multiple deliveries end to end concurrently
- Self-starter with excellent presentational, verbal and written communication skills with the ability to communicate at a range of levels within the organization.
- Prior experience in Risk system implementations and involvement in regulatory projects.
- Exposure to Credit or Market risk systems, data and processes involved in generating Risk regulatory capital.
- Strong attention to detail, accuracy and timeliness of delivery.
- Experience in defining Testing approach, test plan and test co-ordination.
- Proven experience facilitating the elicitation of requirements from end users and translating them to user, functional and non-functional requirements for Development Teams. Work with development teams (IT) to clarify that design meets requirements.
- Detailed knowledge of all Microsoft Office products, i.e. Word, Excel, Project & Power Point
- Management of business analysis and project manager resources to deliver multiple projects/workstreams
- Good educational pedigree, finance/risk domain and Project Management certifications (MBA, PMP, Agile Scrum Master, FRM etc.)
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
- Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, discretionary awards and eligibility for commissions for applicable sales roles in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.
Nomura is an Equal Opportunity Employer