Department: Internal Audit, Nomura India (Powai) Location: Powai, Mumbai
Business Overview
The Internal Audit team performs risk-based audits of every function within Nomura globally. The Audit plan is formulated at the beginning of the year based on a risk assessment of each business and corporate line and executed in the respective regions and entities.
The Nomura India Internal Audit is a part of the Global Internal Audit team and participates jointly in several regional and/ or global audits through the year. Its remit includes auditing of functions within Nomura India businesses (residing in our Worli office) and the global offshoring centre (in Powai).
The India Audit team is based in the Powai office. It comprises of 33 Audit professionals with robust experience in Banking and Financial Services Audits and related areas. By qualification, the professionals are CAs, Engineers and MBAs.
The SOX Compliance team forms part of the Internal Audit function and will lead the design, execution,
and monitoring of the SOX (Sarbanes-Oxley) compliance program for the Wholesale Banking division. This role ensures robust internal controls over f inancial reporting (ICFR), manages control testing and documentation, drives remediation plans, and acts as a key liaison with auditors and senior stakeholders across global functions.
Key Objectives Critical to Success
- Lead the end-to-end SOX program for Wholesale Banking, including risk assessments, control scoping, walkthroughs, and testing of key controls under the COSO f ramework.
- Perform walkthroughs of key processes with business owners to understand the design and control effectiveness.
- Supervise and review the work of SOX Associates and Analysts; provide guidance and training as needed. It also requires the hands-on execution of complex, business-critical processes.
- Engage with process owners across middle and back office, operations, fin