Job description:
Job title: Global Portfolio Director: Risk Culture
Corporate Title: Executive Director
Department: Internal Audit
Location: London
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
Department Overview
The Global Internal Audit department is a key part of Nomura’s corporate governance and its primary objective is to review the firm's control environment and report any weaknesses identified to the Audit Committees and senior management.
Global Internal Audit department has 138 professionals reporting to the Global Head of Internal Audit for Wholesale, comprising Business, Risk and IT audit specialists.
Role Description:
Lead the Global Risk Culture Audit portfolio, providing independent assurance on the effectiveness of risk culture frameworks and behaviours across the organization. This role will evolve and execute the strategic vision for risk culture assessments worldwide.
Key Responsibilities
- Implement a comprehensive risk culture audit methodology aligned with regulatory expectations and industry best practices across multiple regions
- Develop the annual Risk Culture Audit Plan and discuss with key regional and global stakeholders
- Lead enterprise-wide and business specific risk culture assessments in the Plan and provide insights to senior management and relevant Board committee through impactful audit reports with minimal supervision
- Evaluate the effectiveness of risk culture governance, monitoring and reporting structures, risk culture frameworks, and the embedment of the desired risk culture
- Develop and maintain relationships with key stakeholders across the Three Lines of Defence including the Front Office and Corporate Functions
- Support a diverse team of audit professionals across multiple regions. This includes training the audit team to be aware of how to identify and report on risk culture issues in their reviews
- Identify emerging risk culture trends and their potential impact on organizational resilience
Objectives critical to success:
- Carry out Internal Audit’s vision and strategy conforming with Nomura’s highest ethical standards
- Identify and communicate changes to the control environment and revisions to the risk assessments and audit plan.
- Deliver Audits/Projects within budget and timetable, in compliance with departmental standards and methodology
- Adhere to the regulatory requirements of Internal Audit in the Risk Culture space
- Communicate effectively with key stakeholders
- Demonstrate leadership behaviours aligned to Nomura’s culture
Skills, experience, qualifications and knowledge required:
This role is a key part of the Group Internal Audit Leadership team. The candidate should specifically have:
- Relevant Risk Culture assessment experience in audit, risk management, or related fields
- Advanced degree in Behavioural Science, Psychology, or related field
- Experience with behavioural assessment methodologies and tools
- A track record in conducting culture assessments in financial institutions and effectively communicating results with senior stakeholders
- Strong understanding of the application of behavioural science to risk management
- Proven track record of collaborating with global teams and managing complex stakeholder relationships
- Deep knowledge of the levers that drive and embed risk culture, risk management frameworks and regulatory requirements
- Excellent project management skills covering planning, executing and reporting the results of work conducted with minimal supervision
- Strong data analytics capabilities
- Strong leadership, management and team building skills and an ability to work across teams.
- Confident manner and well-developed communication (both oral and written), influencing, and interpersonal skills including a proven ability to influence and persuade auditees regarding control issues.
- Experienced in forging internal relationships to drive change
- Strategic thinking and ability to influence at executive level
- Outstanding communication and presentation skills
- Cultural awareness and ability to operate in diverse environments
- Change management expertise
- Strong coaching and team development capabilities
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).
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.
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.
