Business Manager / Junior COO - Front Office Risk

Job Title: Business Manager / Junior COO - Front Office Risk

Corporate Title: Vice President / Executive Director

Department: Risk Management

Location: London

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 www.nomura.com.

Department overview:

Nomura’s Front Office Risk team covers a board variety of Risk and Capital management activities for the Global Markets business globally. The team works directly with Heads of Global Markets both globally and regionally. Team roles can be divided into three main categories:

• Daily analysis of GM risks and PnL and identifying potentially toxic risks and PnL drivers.
• Capital Analysis and Planning: To analyse the regulatory capital requirement changes on a regular basis and identifying drivers of capital changes.
• GM Representation for special projects: Team represents global markets within various committees for regulatory projects like FRTB. It includes communicating GM requirements from these projects and ensuring they are fulfilled.

Role description:

The Business Manager / Junior COO will support the strategic and operational management of the front office risk function, ensuring efficient day-to-day operations while driving key initiatives and process improvements.

Key Responsibilities

• Oversee daily operations of the front office risk function, ensuring smooth workflow and resource optimization
• Partner with senior management to develop and implement strategic initiatives
• Create and deliver compelling presentations to senior stakeholders
• Lead effective meetings and governance forums
• Manage stakeholder relationships across Trading, Risk, Finance, and Technology teams
• Drive operational improvements and coordinate implementation of new initiatives
• Monitor departmental budgets and resource allocation
• Coordinate regulatory and audit requirements
• Prepare and present management reports and business metrics for senior leadership
• Support talent management initiatives and team development

Skills, experience, qualifications and knowledge required

Essential

• Prior experience in a COO/Business Management/Risk and Control role in Financial Services.
• Strong understanding of Risk and Control activities in a financial services institution.
• Demonstrated experience in financial services, preferably in risk management or trading operations
• Proven understanding of financial markets and risk management principles
• Strong track record of successful project delivery
• Advanced analytical and problem-solving capabilities
• Outstanding presentation and public speaking abilities
• Exceptional skill in creating impactful presentations and executive communications
• Advanced proficiency in PowerPoint and other presentation tools
• Strong command of data visualization techniques
• Proficiency in MS Office suite, particularly Excel
• Degree or equivalent education.

Preferred

• Prior experience working with Front Office Risk.
• In-depth knowledge of risk management systems and regulatory frameworks
• Demonstrated ability to identify and drive operational improvements
• Experience working with data analytics teams and interpreting complex data
• Strong business intelligence and reporting tool knowledge

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

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.