Regulatory Liquidity Reporting Controller (9… at Nomura · London

Job title: Regulatory Liquidity Reporting Controller

Job Type: Temporary (PAYE)

Contract Duration: 9 Months

Department: Finance

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 http://www.nomura.com

Department Overview

Regulatory Reporting is a key component of the Finance Department, which has an excellent reputation within the bank and externally. We pride ourselves on our professionalism within a Department with a culture that encourages dynamism and flexibility.

Senior management takes a hands-on approach within the department, and is keen to reward hard work, enthusiasm and success. A willingness to constantly question established processes, and strive for improvements is actively encouraged, leading to an ever changing and exciting environment. Nomura presents a unique opportunity to learn and gain experience of a broad range of products and business lines within a supportive setting and surrounded by skilled professionals.

The Reporting team is based onshore and offshore, the majority of daily reporting and a significant proportion of monthly/ quarterly reporting is performed by the Regulatory Reporting team based in Mumbai. The validation, review and submission of regulatory returns is managed onshore by the London team (team of three) with significant contribution from Mumbai.

Regulatory Reporting is currently going through a period of significant change (e.g. implementation of CRRII). To help cope with these challenges there has been significant investment in the Regulatory Reporting Infrastructure with a global strategic project to deliver front to back enhancements nearing completion.

Role description:

The role is in the Liquidity Reporting team, which forms part of the Treasury department of Nomura's UK Finance Division. The successful candidate will take responsibility for running daily, weekly, monthly & quarterly processes and review responsibilities which underpin the external and internal Regulatory Reporting for the European consolidation group (including the main broker dealer, Nomura International plc). It will include working closely with colleagues in both London, Mumbai and Tokyo.

Specific responsibilities:

• Validate and submit numerous PRA, EBA & JFSA returns internally and to the Regulator on a daily / weekly / monthly / quarterly basis, covering PRA110, LCR, ALMM, NSFR & Asset Encumbrance reporting
• Manage the weekly review, challenge and submission process for the PRA110
• Support the Mumbai team in the production of all Regulatory Liquidity Reporting metrics for Risk Appetite monitoring purposes
• Explain key variances and trends through the preparation of commentaries & MI related to Liquidity flows across multiple Liquidity regimes (PRA, EBA, JFSA)
• Propose changes and lead User Acceptance Testing (UAT) for IT system improvements across the different Liquidity Regimes to improve automation and control
• Maintain and review procedures and protocols for the end-to-end control & governance framework for Regulatory Liquidity Reporting
• Assist in the build out of new MI and controls to enhance the timeliness & accuracy of regulatory reporting
• Support interpretation, guidance and challenge on PRA, EBA and JFSA Liquidity regulations in partnership with the EMEA Regulatory Policy group
• Act as a key liaison between Regulatory Reporting, Treasury Liquidity Management, Change/ Project teams, Regulatory Policy & IT

Key objectives critical to success:

• Ability to work to high degree of accuracy with logical and structured approach
• A control first mindset with ability to self-review, pro-actively identify issues and investigate / escalate appropriately
• Flexibility and the ability to keep pace with ever changing Regulatory landscape and control requirements, and resulting change to business processes
• Ability to communicate effectively with colleagues and to build relationships within the department and across functions

Skills, experience, qualifications and knowledge required

• Liquidity experience gained in an Investment Banking environment performing solo entity level reporting producing and validating PRA ILG (PRA110), LCR, ALMM, Asset Encumbrance & NSFR
• Detailed knowledge of both PRA & EBA Liquidity regulations and reporting guidance
• Familiarity with JFSA Basel III Liquidity rules would be a distinct advantage
• Investment banking product knowledge (specifically Secured Financing, Unsecured & Derivatives) including front-to-back trade lifecycle knowledge and an understanding of their impact on Liquidity reporting
• Strong IT Literacy, analytical and numerical skills
• Familiarity with big data analytics tools (e.g. Tableau, Power BI, Alteryx) would be a distinct advantage
• Previous experience as a Regulatory Reporting Controller is essential
• Results focussed in a pressurised environment with tight reporting deadlines
• Regulatory Reporting software experience (e.g. AXIOM) would be a distinct advantage
• Experience with EBA/PRA submissions processes (XBRL wrappers, Taxonomy specifications, validation resolution)

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.

Nomura is an Equal Opportunity Employer