Vice President

Job description

Job Code: 12703 Country: IN City: Mumbai Skill Category: Human Resources Description: **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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business. **Divisional Overview:** The Human Resources team partners with Nomura’s businesses to offer a consistent global approach to people management with local ownership and delivery. Our objective is to support Nomura’s Vision and Values making Nomura a vibrant and exciting place to work for, to attract and retain the best people and be recognized as an employer of choice. We seek to ensure that there is clarity about how the HR team makes a difference to business performance. One of our key requirements is in the management of people risk across our businesses, and to encourage integrity, fairness, transparency and accountability. **What We Offer:** - We support employee wellbeing by ensuring a sense of purpose and belonging. - We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey. - Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures **Position Specifications:** **Corporate Title** **Vice President** **Functional Title** **Vice President** **Experience** **Min 12 years in HR / Min 6 years in ER** **Qualification** **Post graduate in HR / Legal / Labour Laws qualification preferred** **Role & Responsibilities:** **ER framework and policy management**: - Partner with ER Head to execute and embed established Employee Relations frameworks, policies, and procedures to ensure fair, consistent and compliant application across the India market. - Partner with HR leadership and business stakeholders to implement ER frameworks and coach HR team on best practices - Ensure all ER activities and policies comply with Indian labour laws, regulations, and company values. - Continuously review and adapt ER policies and ensure that ER policies are fit for purpose in regulatory environment in India - Drive annual policy affirmations and governance - Work closely with internal legal team / external legal consultants to manage employee litigations - Support ER Head in investigations, grievances and disciplinary actions with all level of complexity and risks, ensuring resolution in line with firm’s Code of Conduct. - Support HRBPs and Business Divisions in Org. Restructuring, Performance cases and employee grievance handling - Exercise sound judgment in decision-making, escalating high-risk or sensitive matters appropriately and in alignment with firm’s policies and legal requirements. - In house capability building in partnership with HRBPs - Dispute resolution and problem solving skills **Regulatory Changes** - Lead labor codes impact assessment and implementation for India entities - Review and advise appropriate actions on ad-hoc regulatory changes **Stakeholder Engagement:** - Partner with Business and HRBPs as a credible ER partner with solid technical advisory ensuring decisions align with company policies, local laws and global standards. - Influence and coach stakeholders to drive a positive ER culture and compliance with company values. - Act as a key ER advisor in conduct committee and other internal governance forums. **Analysis & Reporting:** - Track and maintain records of ER cases, investigations, and outcomes. - Produce data driven analysis for suitable actions to build effective culture building **Case Investigations & Management:** - Support ER Head in investigations, grievances and disciplinary actions with all level of complexity and risks, ensuring resolution in line with firm’s Code of Conduct. - Support HRBPs and Business Divisions in Org. Restructuring, Performance cases and employee grievance handling - Exercise sound judgment in decision-making, escalating high-risk or sensitive matters appropriately and in alignment with firm’s policies and legal requirements. - In house capability building in partnership with HRBPs - Dispute resolution and problem solving skills **Mandatory** **Desired** **Domain** - HR policy - ER case management - Excel & MS Power Point - Risk and Governance - Compliance **Technical** - Employment Law - Labour Law **Nomura Leadership Behaviours:** **Leadership** **Behaviours** **Description** **Element** Exploring Insights & Vision Comprehensively analyse the nature of the problems we face and set our focus toward the future vision - Gather Intelligence - Create a vision - Identify an issue Making Strategic Decisions Analyse options and feasibility to resolve issues, in making judgments and recommendations - Identify countermeasures - Assess feasibility - Make a judgment Inspiring Entrepreneurship in People Promotes the vision and goals to others in such a way that inspires commitment and independent contributions - Influence - Inspire - Comm