Job details
Job Title: VP Compliance Risk Assessment and Testing Officer, Asia
Job Code: 1223956
Skill Category: Compliance
Location: Singapore Client Job Ref:
Job Type: Permanent
Post Start Date: 17 Oct 2022
Post End Date:
Job Summary:
Company overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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 .
Aon's Benefit Index , Nomura's benefits rank #1 amongst our competitors
Position / Group Overview:
Nomura's senior management places significant emphasis on business ethics, compliance and internal controls with a view in achieving long-term and sustainable business success.
As a second line of defence (2LOD) function, Compliance is responsible for establishing a compliance risk management framework focused on the identification, assessment and management of compliance risks across the firm. Compliance independently monitors compliance risks and reports on such risks to senior management.
Compliance testing ("CT") is a function within Asia Compliance tasked with performing risk-based reviews of the First Line of Defence's ("1LOD's") controls designed to mitigate compliance risks arising from business activities and to ensure such controls are functioning effectively and as intended. CT program is informed, among others, by the Compliance Risk Assessment framework.
Compliance Risk Assessment (CRA) framework is one of the tools Compliance uses globally in its oversight role supporting effective compliance risk management. The CRA program enables Compliance to identify and report on the firm's realised and evolving compliance risk profile. This facilitates Compliance's risk prioritized approach to its activities, so it can focus attention on the high risk and emerging risk areas, while ensuring that there are effective preventative or detective controls over the low-risk areas.
The successful candidate will primarily oversee and implement CT pursuant to the Asia Compliance Testing Standards (CTS), and where appropriate, lead or participate in any Asia Compliance reviews singly or jointly with other compliance teams. The candidate will also be responsible for administering and/or participating in the CRA framework, in conjunction with the relevant regional and global compliance teams.
Responsibilities:
MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.