CTO-CTO
Nomura · Mumbai
Nomura 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.
Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.
At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.
Division overview:
Chief Transformation Office (CTO) provides project management and business analysis support across Nomura’s wholesale banking functions. It is a cross regional and divisional transformation team delivering ‘initiatives’ related to new regulations, implementing new infrastructure, business expansion, product roll outs and introducing banking controls.
Role Overview:
As a Sr. Project Manager you are responsible for driving the connected Stakeholder agenda, bringing the best capabilities for improving stakeholder experience and building and maintaining senior stakeholder relationships.
You are someone with experience in leading complex transformation initiatives across front and middle office operations in financial services, technology modernization, and operational efficiency while managing trading, risk, and client-facing business changes.
We are looking for someone with strong work ethic to join a dynamic and fast-growing division, and who will play a key role in delivering firm critical projects.
Key responsibilities:
- Create value for the organization by leading complex projects independently, driving regulatory and strategic change initiatives
- Own the project design and delivery right from building the case to delivering the outcomes and enable achievement of strategic goals of the business
- Developing and enhancing relationships with our key stakeholders, understand the business and navigate within the organization to drive programs effectively.
- Bringing diverse and thought-provoking perspectives and point of view to explore solutions working for the stakeholders.
- Explore trends and new, innovative ideas that will positively impact the division, in addition to the existing practices/processes followed within the division.
- Contribute towards building the capability for the function to efficiently and effectively manage the project and coach/share colleagues who are managing projects.
- Ensure standardization in the project/change management practices adopted and align them to the organization goals.
- Host SteerCo and drive discussions/decisions working with the project leader/supervisor.
- Work with other division like Front Office, Finance, Compliance, Risk, Technology, Operations to identify and maximize opportunities that help in delivery of projects and to improve product, service and program business processes.
- Prepare project reports (weekly project update, monthly status update, highlighting risks, resource utilization, analyse trends, recommends adjustments that address or capitalize on these changes).
- Analyse current end to end system / process flows and produce clear, concise documentation.
- Work collaboratively with technology teams to propose strategic system / process flows which are fully documented.
Key competencies required:
- Understand clients’ needs and issues and respond with high-quality proposals.
- Acquire capabilities to perform one’s responsibilities and contribute to being a Trusted Partner.
- Produce new ideas that might challenge the status-quo or oneself.
- Seek advice from senior colleagues and utilize it for improved results.
- Collaborate with members from relevant departments.
- Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others.
- Serve as role model and provide guidance to junior employees.
- Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly.
Skills, experience, qualifications and knowledge required:
- Minimum 10+ years of experience in consulting or handling change programs within investment banking preferably in front/middle office transformation
- Deep understanding of Investment banking, derivatives, and fixed income operations
- Expect sound understanding of standard financial products like Equities, Bonds, Derivatives
- Experience in managing full E2E project delivery, Front Office to Back Office architecture overhaul projects which require coordination across multiple Corporate functions and Technology partners
- Knowledge of
- Trade Processing: Broadridge, Summit, Kondor+
- Market Data: Bloomberg, Refinitiv, ICE Data Services
- Platform modernization experience would be a big plus
- Understanding of trade lifecycle from execution to settlement
- Experience with straight-through processing (STP) initiatives
- Experience with Vendor management
- Creative problem-solving ability, inquisitive mind-set, comfortable with working on ambiguous situations. Ability to work independently with limited oversight
- Excellent Communication, Leadership skills, Organization Skills along with experience in managing Sr. Stakeholder relationships is required
- Excellent project and programme management skills including experience in large cross functional and/or cross geographical programmes.
- Experience in managing full E2E project delivery, Front Office to Back Office architecture overhaul projects which require coordination across multiple Corporate functions and Technology partners
- Ability to operate in both agile and waterfall style project methodologies and understand deliverables required for each methodology. Knowledge of JIRA is preferred.
- Creative problem-solving ability, inquisitive mind-set, comfortable with working on ambiguous situations. Ability to work independently with limited oversight.
- Flexibility (Openness to Change) – Adapts effectively to changing plans, domains, and priorities; Is open and flexible when faced with changing project constraints and timelines.
- Attention to detail and high-quality standards of documentation, processes and control environment
- Experience of analysing complex business processes.
- Detailed knowledge of all Microsoft Office products, PowerBI and Alteryx will be preferred.
- Confident self-starter who can work under pressure, using their own initiative and with the drive to see projects through to completion.
- Excellent Communication, Leadership skills, Organization Skills along with experience in managing Sr. Stakeholder relationships is required.