Wholesale Credit Risk Management Auditor

**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.

**Role description**:
The principal role of the Wholesale Credit Risk Management VP is to define and execute risk based audit of the Wholesale Credit Risk Management function across Nomura's Wholesale business. This role will work with other Risk and Non-Risk auditors and willreport regionally to the EMEA Head of Risk Audits and functionally to the Head of Wholesale Credit Risk Audits. This individual will also have opportunity to participate in other Risk functional audits such as Market Risk, liquidity risk and operational risk.

A summary of the key responsibilities is set out below:

- Define the scope of and execute assurance work over Wholesale Credit Risk audits regionally and globally, as required.
- Working closely with the global counterparts, he/she has the primary responsibility for risk assessing the Credit Risk Audit entities under his/her specific responsibility.
- Remain current on any changes to Nomura's risk profile through continuously monitoring the assigned area of responsibility and establishing close contact with key risk stakeholders. This includes a quarterly formal report that opines on (1) Changes to theAudit Universe; (2) Changes to underlying risk assessments, and; (3) Changes to the Audit Plan.
- Stay actively engaged in all phases of the risk audit, from agreeing the audit plan to approving testing plans, completing and reviewing work-papers, producing draft reports and monitoring budgets and deadlines.
- Participate in other functional audits such as market, credit, liquidity and operational risks.
- Work with the Credit Risk Audit team to define an appropriate engagement model on individual product audits - the front to back reviews for a particular business line.
- Ensure all audit work is executed in accordance with Departmental Audit Methodology and documentation standards. Ensure that each audit is completed within budget (time and effort).
- Be responsible for effective follow up and verifying raised in reports are closed.
- Carry out special projects, ad hoc investigations and advisory work, keeping the Head of Risk Audit up to date on all key findings and emerging issues.

**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 Audits space
- Communicate effectively with key stakeholders
- Demonstrate leadership behaviours aligned to Nomura's culture

**Skills and qualifications**
- Subject matter expertise in wholesale credit risk management in general, and a detailed knowledge of wholesale credit risk processes, including wholesale credit risk underwriting and sanctioning, counterparty credit risk management, wholesale credit riskgovernance, relevant EMEA and other regulatory requirements etc.
- Detailed understanding of control standards, best practice frameworks and a proven ability to promptly identify the root causes and materiality of control issues.
- Detailed current understanding of regulatory requirements impacting Risk such as Basel.
- Strong leadership, management and team building skills and an ability to work across teams.
- Ability to execute on multiple tasks.
- A demonstrated ability to produce quality work at all times.
- Confident manner and well-developed communication (both verbal and written), influencing, interpersonal and project management skills
- Accounting, Audit and /or Risk Management professional qualifications
- Ability to take on larger roles when needed.
- Ability to effectively discuss control issues with senior auditees.
- Ability to lead the development of risk based audit plan under the audit methodology to assess the effectiveness of Nomura's Risk Management functions.
- Ability to develop, manage and own the regional audit plan and assist auditors in other regions as needed
- Experienced in forging internal relationships to drive change
- Have previously managed effective working relationships with regulators
- Possesses strong understanding of multi-jurisdictional regulatory environment and trends

**Right to Work**

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