Executive Director

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 .

Department Overview:

Nomura operates in a complex regulatory environment and the role of Compliance is to ensure that the Firm operates in accordance with the applicable laws and regulations of the exchanges and regulators. The Financial Crime Compliance (FCC) department plays a crucial role in safeguarding the firm against financial crime risks such as money laundering (ML) / terrorist financing (TF) / proliferation financing (PF), sanctions, bribery and corruption through robust monitoring and screening programs. The department works closely with business units across Global Markets, Wealth Management and Investment Banking to implement and maintain effective controls and foster a strong compliance culture.

Role Overview:

The role will serve as a Team Lead for the AML Monitoring Team, with comprehensive oversight of all monitoring and screening activities across the Nomura AEJ region. The position reports directly to the Head of FCC, Asia, based in Hong Kong, with a matrix reporting line to the Head of FCC, IWM based in Singapore.

Role Description:

Strategic Leadership and Governance

• Develop and execute the global strategic vision and target operating model for AML monitoring and screening across AEJ
• Lead and manage a team of monitoring specialists across AEJ
• Maintain oversight of level 1 team productivity and quality through regular KPI/ dashboard
• Provide insight and strategic direction on enhancement of monitoring systems and controls, ensuring the controls in place are kept up with the evolving regulatory landscape and emerging AML risks
• Represent AEJ in global AML monitoring initiatives and working groups

Monitoring and Screening Program

• Oversee the three key control pillars of AML monitoring – Name Screening, Transaction Monitoring and Payment Filtering
• Drive optimization and ensure effectiveness of monitoring systems through regular calibration and tuning, and lead periodic review of screening rules and thresholds
• Deliver automation and efficiency enhancement across monitoring processes
• Lead technology transformation initiatives for monitoring systems, including implementation of advanced analytics and machine learning capabilities

Model Risk Management

• Oversee model validation and performance monitoring for AML monitoring systems
• Lead model governance activities including documentation, testing, and validation
• Ensure compliance with model risk management framework
• Drive continuous improvement in model effectiveness and efficiency

Stakeholder Management

• Provide subject matter expertise to senior management and board committees, including regular reporting on monitoring effectiveness and emerging risks
• Partner with key stakeholders including the Business, Country MLROs, FCC advisory, Operations and Technology to drive and deliver monitoring-related initiatives
• Take accountability of project budget by managing resources and budget discussion with relevant stakeholders on resource/ system needs and tracking to completion
• Collaborate with Compliance officers and other relevant stakeholders to manage audit and regulatory inquiries
• Maintain collaborative relationship with IT and external vendors providing the AML monitoring systems

Skills, experience, qualifications, and knowledge required:

• Bachelor degree in Finance, Business, Technology or similar field
• Minimum of 15 years of experience in financial services with minimum of 10 years in AML/FCC monitoring
• Experience in leading cross-border teams and initiatives
• Demonstrated experience in managing enterprise-level monitoring systems and programs
• Experience in AML regulations and monitoring requirements in Asia, and familiar with global AML regulations and international sanctions
• Understanding of Global Markets and Wealth Management businesses
• Experience in model risk management and validation
• Advanced knowledge of data analytics and machine learning applications in AML
• CAMS certification and additional certifications (CFE, CGSS)
• Demonstrated ability to manage stakeholders and communicate effectively.
• Experience presenting to senior management and regulators
• Demonstrate experience in project management and change management 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).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender, or sexual orientation.

DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer

SFID: 11548