Onsite Associate Business Manager

Posted 1 hour ago

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About the role

  • Business Manager overseeing front office operations in Wealth Management at Nomura. Managing policies, processes, and compliance within the International Wealth Management division based in Singapore.

Responsibilities

  • Own Front Office policy and procedures, including processes and system implementation of requirements arising from regulatory updates and/or internal business/system enhancements
  • Design and implement policy & process updates and system enhancements to ensure adherence with regulations & policies, mitigation of risks while taking practical feasibility into consideration
  • Interpret and perform comprehensive business impact assessments arising from updates to regulations and bank policies in collaboration with compliance and other corporate functions
  • Work closely with Relationship Managers, Client Services Officers and other internal and corporate stakeholders to identify and manage key risks arising from front office incidents and escalations.
  • Review and interpret client documentation, correspondence and internal documents in Mandarin to ensure adherence to regulatory and internal requirements.
  • Manage the preparation of management information reports tracking RM and client performance metrics (e.g. revenue, net new money, assets under management, expenses)
  • Review client profit and loss and provide in-depth loss analysis
  • Prepare information required for regulatory questionnaires and surveys
  • Participate in initiatives/projects as subject matter expert, including requirement gathering, user acceptance testing, process design, policy updates and go-live implementation
  • Manage internal and external audits, regulatory inspections, and other reviews conducted by corporate functions
  • Lead annual business continuity plan reviews, updates and coordinate WAR site testing
  • Oversee and guide activities covered by the outsourced business management team

Requirements

  • Minimum Degree in finance or business
  • Minimum 5 years’ experience as a Business Manager in Private Banking or Wealth Management with a strong understanding of Wealth Management products and Singapore regulatory frameworks
  • Proficiency in spoken and written Mandarin skills is essential to review and interpret client documentation, correspondence and internal documents in Mandarin to ensure adherence to regulatory and internal requirements.
  • Minimum of 2 experience with Avaloq core banking system
  • Proven experience in business process management, policy implementation, and regulatory compliance
  • Fluent written and verbal communication skills required for internal communications, regulatory reporting, policy documentation, and stakeholder management
  • Strong analytical and problem-solving skills with attention to detail
  • Proficiency in Microsoft Word, Excel and Power BI
  • Team player with strong interpersonal skills and multicultural awareness.

Benefits

  • Nomura is committed to an employment policy of equal opportunities
  • Diversity Statement

Job title

Associate Business Manager

Job type

Experience level

JuniorMid level

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

OnsiteSingapore

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