Compliance Officer Swap Dealer and Wholesale Compliance - Vice President

Role Description

• Ensure that rules and regulations applicable to NFPE as a CFTC registrant and NFA member remain considered and overseen from a 2nd line of defense point of view.
• Support interactions with CFTC and NFA.
• Maintain Swap Dealer (SD) governance framework for the Head of Compliance and for the Management Board.
• Ensure proper Outsourcing Supervision under AT9 MaRisk of outsourced processes and controls performed by other Nomura entities, including KPI, Controls, annual risk assessment and controls.
• Provide Compliance support and guidance for the supervisory regime in place for the corporate functions.
• Track and advise on US OTC derivatives regulatory change, feeding into the MaRisk Compliance function of NFPE.
• Maintain SD Compliance policies and procedures.
• Support the design and delivery of US regulatory training for staff.
• Support US registration obligations.
• Oversee and provide advice on US regulatory reporting and filing requirements.
• Respond to US regulatory inquiries and examinations.
• Track identified issues of non‑compliance and produce appropriate management information.
• Assist with the compilation and filing of the NFPE SD annual reports and various other Compliance‑managed filings.
• Manage the day‑to‑day operations of the NFPE compliance program, conduct periodic compliance reviews and provide reports.
• Provide compliance advisory services to NFPE front office and infrastructure departments and the management board.
• Establish and enhance the risk analysis and control framework for the compliance function.
• Provide proactive support to business units by identifying, reporting and managing regulatory and marketing risks to protect NFPE, its reputation and investors.
• Liaise and coordinate compliance‑specific topics with branches and EMEA stakeholders.
• Execute compliance monitoring and testing activities, identify and report on issues and exposures, and drive closure of compliance monitoring report recommendations to resolution.
• Prepare regulatory registrations, reporting and returns to the German regulatory authority within set time frames.
• Liaise with Registration and Trade Surveillance Departments of Exchanges; coordinate the completion of Due Diligence Questionnaires and other regulatory required documents.
• Ensure regulatory developments in Germany are fully implemented across NFPE divisions.
• Perform independent gap analysis of regulatory requirements in the Compliance division in cooperation with other divisions of the firm.
• Protect Nomura, its reputation, regulatory risk and investors through participation in the identification, reporting and management of regulatory and marketing risks, and by providing proactive support to specific business areas.

Skills, Experience, Qualifications and Knowledge Required

• Completed studies in law, economics or similar disciplines, professional education and relevant professional experience.
• Relevant professional experience.
• Fluent in English and preferably in German.
• Good written and verbal communication skills.
• Practical understanding of CFTC Swap Dealer Regulations, MiFID, German and relevant European legislation, and awareness of Title VII of the Dodd‑Frank Act; knowledge of relevant FCA/PRA rules is an asset.
• Experience undertaking 2nd line testing and monitoring and/or 3rd line defense audit testing—ideally in SD and SBSD rules and requirements.
• Compliance and/or regulatory experience, ideally focused on Dodd‑Frank SD regulations.
• Strong understanding of the 3LOD model and the role of Compliance within that model.
• Resilient team player who can interact well with individuals within the Compliance team and others in different business divisions of various seniority.
• A curious, check‑and‑challenge and continuous‑improvement mentality and outlook.
• Ability to communicate advice and guidance in a clear and concise manner.
• Ability to work independently without close direction.
• Well‑developed analytical skills and ability to distil large quantities of complex information into high‑level briefings and impact analysis.
• Methodical with strong attention to detail.
• Ability to work well under pressure and move between tasks quickly.
• Ability to project manage, in particular relating to regulatory enquiries, examinations, or change matters.
• Knowledge and understanding of Global Markets businesses.
• Strong organisational and time‑management skills and ability to collaborate with various functional teams simultaneously.
• Ability to work proactively both individually and in a team, taking responsibility to achieve results within a set timeframe.
• Microsoft Office (Excel, Power Point).

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.

Nomura is an Equal Opportunity Employer.