Regulatory Compliance Officer

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 

Job title: Regulatory Compliance Officer 
Corporate Title: Associate
Department: Compliance
Location: Singapore    

Department overview:

The SG Country Compliance team apply specialist local regulatory knowledge to support management of compliance risk arising at a country level. They maintain local registrations and licenses and maintain relationships with key local financial regulators, acting as a primary contact point for regulatory notifications, enquiries, inspections and investigations.

The Central Compliance team apply specialist knowledge to support management of compliance risk regionally, through applicable controls, training, policies and procedures on a cross-divisional basis. The activities of the Central Compliance team include Conduct Risk Management, Compliance Risk Assessment/Testing, Infrastructure compliance advisory, and the management of Compliance Policies, Standards and Reporting. 

Role description:

The Compliance Officer will report to the VP of Central Compliance and will provide support across various ongoing run-the-bank and change-the-bank initiatives in relation to Country Compliance (Singapore) and Central Compliance, as directed by the VP of Central Compliance or the Head of Central Compliance Asia.

Key focus areas include:
Country Compliance (SG)

•    Provide support in addressing regulatory requests, including coordinating the dissemination of regulatory notifications and surveys, as well as managing regulatory enquiries and coordinating regulatory meetings

•    Provide support in advisory and execution of SG Reg Compliance frameworks and controls

•    Support Change-the-Bank initiatives, including compliance testing remediation activities, policy updates, and process improvements

•    Prepare and/or coordinate submission of periodic or ad hoc regulatory returns

•    Involvement in any other projects and/or other regulatory compliance-related work as may be delegated.

•    Preparation of management information reporting

Central Compliance

•    Coordinate compliance advice pertaining to infrastructure matters impacting the operation of Nomura's business in the region 

•    Administration of Compliance Testing framework, Compliance Risk Assessment and Risk and Controls Self-Assessment (RCSA) for Compliance in the region

•    Support preparation of materials for management information (MI) in relation to Infra Compliance matters

•    Involvement in any other projects, compliance testing, and initiatives, as may be delegated to support central compliance initiatives. 

Skills, experience, qualifications and knowledge required:

•    Minimum 5 years of experience in Regulatory Compliance or other Control functions within financial services

•    Knowledge and understanding of MAS Regulations (Banking Act, Financial Advisers Act, Securities and Futures Act) 

•    University-level degree preferably in Economics, Finance and Accounting, Law, Mathematics, or related fields

•    Ability to interpret complex regulatory guidance and legislation

•    Strong reasoning, and problem-solving skills with ability to quickly grasp complex concepts

•    Systematic, detail-oriented, and organized with impeccable integrity

•    Strong communication skills (written and verbal) with professional and approachable demeanor

•    Proactive, able to manage multiple tasks, work independently, and meet tight deadlines in a fast-paced environment

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