Vice President - Employee Relations

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 www.nomura.com.

Nomura Services, India supports the groups 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 groups 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 Nomuras businesses to offer a consistent global approach to people management with local ownership and delivery. Our objective is to support Nomuras 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 familys 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

Postgraduate 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

port ER Head in investigations, grievances and disciplinary actions with all level of complexity and risks, ensuring resolution in line with firms 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 firms 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

Mind Set:

Mandatory

Desired

Domain

• HR policy
• ER case management
• Excel & MS Power Point

• Risk and Governance
• Compliance

Technical

• Employment Law
• Labour Law

Case Investigations & Management:

• Support ER Head in investigations, grievances and disciplinary actions with all level of complexity and risks, ensuring resolution in line with firms 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 firms 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

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
• Commit

Elevating Organizational Capacity

Maximize organizational productivity through leadership development and

engagement

• Have an ownership in own development
• Support others 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 culture

We 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, carers 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 Companys policies as may be applicable from time to time).