Associate, Credit Risk Analyst

Job Title:            Credit Risk Analyst

Corporate Title:  Associate

Department:       Risk Management

Location:            Hong Kong

SFID:                  8808

 

Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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.

 

Overview:

The Credit Risk Management (CRM) Department within Nomura covers counterparty credit exposure from various types of counterparties (hedge funds, SPVs, financial institutions, corporates, etc.) across various products, including loan, securities financing and derivative transactions in Asia-ex Japan.

 

Reporting to Head of AEJ Financial Institutions and Regulated Funds Credit Team, the Credit Risk Analyst will be responsible for a portfolio of Financial Institutions and regulated funds counterparties.

 

The Credit Risk Analyst will also support the integration of Nomura’s credit risk management framework across all its legal entities, leading and contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements, and implementing team level initiatives.

 

Responsibilities:

• Credit Risk Analysis, both quantitative and qualitative, across Brokers, Regulated Funds, Asset Managers and other Financial Institutions.
• New client approvals, including setting credit appetite, limits and rating, performing due diligence calls/ visits, drafting/ negotiating credit terms for legal documentation.
• Implementing and managing credit limits in accordance with risk appetite, including adherence to the Global Credit Limit Management Policy.
• Analyzing economic, market, regulatory, industry events/developments and assessing their impact on the portfolio. Reporting any relevant events to the Asia ex-Japan Head of Financial Institutions and Reg. Funds and other relevant senior risk management.
• Managing counterparty risk exposure, including transaction assessment and trade approval with a focus on Cash and Derivative products. This includes liaising with front office sales/traders, reviewing and approving new transactions and agreeing on trading terms.
• Ensuring adherence to credit risk limits, including Single Name limits, Country limits and counterparty specific limits, escalating breaches to relevant senior risk management when necessary.
• Proactively identifying and monitoring exposure concentrations, identifying risk mitigating actions and escalating/updating to Risk senior management as appropriate.
• Identify, monitor, and escalate trade settlement fails and recommending appropriate risk management actions.
• Analysing and interpreting the stress testing results and take actions as appropriate at counterparty, country and/or industry level. 

 

Job Requirements:

• Minimum 5 years’ experience as credit risk analyst with a focus on securities companies, regulated funds, asset managers and other financial institutions.
• Experienced in cash equity products, and financial statement analysis and credit risk metrics of financial institutions.