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    .

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 Change maker 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 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 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…