Nomura Overview:Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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.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 across four international regions.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.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 structuresPosition Specifications:Corporate Title Vice President Functional Title Vice President Experience Min 12 years in HR / Min 6 years in ER Qualification Postgraduate in HR / Legal / Labour Laws qualification preferredRole & 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 port 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 skillsRegulatory Changes Lead labor codes impact assessment and implementation for India entities Review and advise appropriate actions on ad-hoc regulatory changesStakeholder 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 buildingMind Set:Mandatory Desired DomainHR policy ER case management Excel & MS Power PointRisk and Governance Compliance Technical Employment Law Labour LawCase 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 skillsRegulatory Changes Lead labor codes impact assessment and implementation for India entities Review and advise appropriate actions on ad-hoc regulatory changesStakeholder 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 forumsAnalysis & Reporting: Track and maintain records of ER cases, investigations, and outcomes. Produce data driven analysis for suitable actions to build effective culture buildingNomura 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 Commit Elevating Organizational Capacity Maximize organizational productivity through leadership development and engagement Have an ownership in own development Support other‘s growth Encourage organizational growth Inclusion Respect diverse perspectives and promote psychological safety and the creation of a risk culture Foster psychological safety Encourage the active participation of all talent Foster a risk cultureWe are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).
Job Title
Vice President - Employee Relations