Head of IWM Operations Shared Services Business Management

Job Code: 13367

Country: SG

City: Singapore

Skill Category: Finance

Description:

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 www.nomura.com

JOB DESCRIPTION

Job Title: Head of IWM Operations Shared Services Business Management

Corporate Title: Vice President

Department: Operations

Location: Singapore

Department overview:

Nomura's Operations department ensures efficient operational processes to support the company's business activities. Collaborating with senior leadership, business units, and stakeholders, the team develops effective operational strategies and provides guidance on process design, implementation, and management to align operations with business objectives. Specializing in trade processing, settlement, custody, and asset servicing, Nomura's Operations team is renowned for delivering exceptional client service. With a strong track record, commitment to innovation, and global reach, the department is poised to drive growth and success in the financial industry.

Responsibilities:

Strategic Business Management & Governance:

Lead strategic oversight and governance of shared services operations supporting multiple business units including Trading and Wealth Management divisions

Establish and maintain comprehensive governance frameworks for all shared services functions, ensuring alignment with business objectives and regulatory requirements

Drive enterprise-wide change management initiatives, process optimization, and transformation projects across business lines

Stakeholder Management & Interface:

Serve as primary interface between onshore stakeholders (traders, bankers, senior management) and operational delivery teams

Manage complex escalations from multiple business units, providing executive-level resolution and strategic guidance

Build and maintain strategic partnerships with key internal stakeholders, ensuring service excellence and business alignment

Offshore Operations Governance:

Provide comprehensive governance and oversight of services received from India operations and other offshore centers

Establish performance standards, SLAs, and quality metrics for offshore delivery teams

Manage offshore vendor relationships and ensure seamless integration with onshore business requirements

Drive continuous improvement initiatives across the offshore operating model

Operational Excellence & Control:

Oversee middle office functions supporting trading operations, including trade processing, settlement, and risk management

Manage asset transfer and sales support operations serving private banking and wealth management clients

Implement robust control frameworks and risk management processes across all shared services functions

Monitor operational metrics, identify improvement opportunities, and drive performance optimization

Team Leadership & Development:

Lead and develop high-performing teams across multiple operational functions and geographic locations

Foster a culture of continuous improvement, innovation, and client service excellence

Provide strategic direction and mentorship to senior managers and operational staff

Role Requirements

Extensive experience in financial services operations with deep expertise in both trading operations and wealth management support functions with experience including but not limited to the following product lines:

Cash securities (eg Equities, Bonds, Mutual Funds),

OTC Products (eg ELN, OTC derivatives (such as accumulators, decumulators, Options) and

Funds (Mutual Funds, Hedge funds etc)

Able to manage the initiatives and projects relating to system change or workflow within Operations with Business.

Proven track record in managing shared services organizations, including offshore operations governance and vendor management

Have a good understanding on control awareness and

Ability to manage remote teams and manage large scale process migration projects and process improvement initiatives

Strong background in change management, process transformation, and operational risk management

Demonstrated expertise in establishing and managing governance frameworks, SLAs, and performance metrics

Excellent communication, analysis and coordination skills with 8 to 15 years of relevant managerial experiences.

Nomura Leadership Behaviours

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 inclusion and 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.