Job description:
Department Overview:
Credit Risk Management (CRM) is a key function in protecting and making sure we take prudent risk for Nomura. Credit Risk Management is looking to hire a Vice President responsible for managing counterparty credit risk with focus on Hedge Funds, Private Equity, and other alternative asset. Our team underwrites clients while assigning internal credit rating and establishing and managing credit risk limits. The team also evaluates transactions and approves, rejects, or modifies them considering the credit quality.
Role Summary:
We are seeking an Associate to join Market Risk - Portfolio and Model Management group in New York. The successful candidate will help review and manage cross-asset risk, provide insightful quantitative analysis to senior management, and drive risk reporting/automation. The role offers exposure to diverse products including Rates, Equities, Securitized products, FX, Crypto while working closely with senior stakeholders.
Responsibilities:
- Analyzing and understanding market risk across cross asset including Rates, Equities, Securitized Products, FX, Crypto.
- Conducting portfolio analysis including what-if scenarios and risk factor sensitivities
- Daily review of risk exposures and changes to the portfolio including stress testing and scenario analysis to assess the impact of extreme market events
- Preparing decks for regulatory submissions, senior stakeholders, senior committees & forums
- Monitor market trends and identify potential risks arising from market volatility, and economic and geo-political risk factors
- Designing and maintaining risk reporting frameworks and model management tools
- Working closely with front office to assess risk and business strategy, as well as other corporate functions such as RMG, MVG, IT, and Ops.
Requirements:
- 2 to 4 years of relevant experience in Market Risk management, or Risk Methodology, or quantitative analytics, or adjacent front-office/risk functions
- Undergraduate or advanced degree in Finance, Mathematics, or a related field
- Programming ability (Python, SQL) is strongly preferred but not mandatory; familiarity with Bloomberg and Excel VBA
- Comfort with portfolio analytics, scenario design, impact analysis, and communicating quantitative results to non-technical stakeholders.
- Knowledge of Basel III/ FRTB concepts and market risk frameworks preferred but not required
- Attention to detail, strong written and verbal communication, and ability to manage multiple deliverables in a fast-paced environment.
- Team player with strong communication skills, verbal as well as written
