Vice President - New Business - New Products Manager - Singapore
July 5, 2018
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership.
The New Business team is the gatekeeper of new combination of risks to Nomura. The team is responsible to ensure the implementation of new products and new transactions are reviewed in a multi-disciplinary manner and only worthwhile initiatives are considered for allocation of Nomura's capital and resources. New Business team also gives focus to new activities which have a bearing on the reputation of the Nomura franchise.
The New Business team is also responsible for the administration of Nomura's Capital Commitment, Reputational Risk, New Products and other related committees.
The successful applicant must be a team player, fast learner and posses excellent communication skills. The applicant will be expected to possess broad product/capital market knowledge. The candidate also needs to be able to work under pressure and to tight deadlines.
The successful applicant will report to the Regional Head of New Business in AEJ, but will work closely with senior regional management.
Leading the New Business team in Singapore
Analysing new transactions, new products and business initiatives and communicating them to infrastructure departments and senior management
Raising initial questions/comments on new transaction/product proposal to business teams
Hosting New Business Forums
Working with business teams and support functions to resolve pre-approval/execution issues
Administration of Nomura's Capital Commitment, New Products and other related committees.
Escalating transactions for approval at relevant committees
Managing transaction/production approval process, often under pressure and to tight deadlines
Ensuring approvals are correctly documented and records kept
Establishing and maintaining approved product lists
Liaising with regulators & auditors
Provide training on New Business policies to business teams & support functions
Providing cover when required for other members of the New Business team
Key Experience & Skills
At least 10 years of banking industry experience
Experience in risk management or a control function would be an advantage
Good first degree; a post-graduate or professional qualification would be an advantage
Good financial product and capital market knowledge. An understanding of capital market and derivative products would be beneficial
Proficiency with PowerPoint & spreadsheet
Articulate - excellent written and verbal skills
Positive impression, perception, image and body language
Breaks down complex issues – able to explain clearly
Result & delivery focused
'Eye for detail'
Client and service orientated
Naturally inquisitive about "new" things
Strong (internal) control instinct:
Can manage meetings, prepare concise minutes etc
Structured, formal, organised
Able to manage workload, meet / exceed deadlines, manage priorities
Regional Disclaimers / 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.