Credit Risk Management - Executive Director, Americas Team Lead, Hedge Funds + Private Equity

Job Title: Credit Risk Management – Executive Director, Americas Team Lead, Hedge Funds + Private Equity

Corporate Title: Executive Director

Department: Risk Management

Location: New York

 

The pay range for this position at commencement of employment is expected to be between $220,000 and $260,000 annually.

* (see below footnote for additional compensation and benefits information).

 

Company overview

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

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

 

Division Overview:

Credit Risk Management (CRM) is a key function in protecting the Firm and ensuring prudent risk-taking. CRM is responsible for analyzing counterparty creditworthiness, assigning internal credit ratings, establishing and managing credit risk limits in accordance with the risk tolerance.  In addition, CRM measures and controls credit exposure associated with lending, financing and trading activities. CRM is a “Second Line of Defense” control function.

Within CRM, the Hedge Funds (HF) and Private Equity (PE) credit team is responsible for managing all credit risk involving this large and diverse set of clients. The HF & PE Team sits within the Counterparty Credit Risk silo organizationally and works closely with colleagues in other areas of risk and other functions globally including, Front Office, Legal, Finance, Operations and Collateral Management.

               

Role Description:

Credit Risk Management is seeking an experienced Executive Director to serve as the Americas Team Lead responsible for managing the Hedge Funds and Private Equity Funds Credit Risk team in New York. This is a senior leadership role that carries delegated credit approval authority and reports into the Global Head of Hedge Funds and Private Equity Credit Risk.  The candidate will be responsible for independently managing and monitoring exposure to a diverse portfolio of fund counterparties generated by activities including OTC derivatives, securities financing, prime brokerage, loan agreements, and other structured or bespoke transactions. The role requires strong technical expertise in hedge fund and private equity fund credit risk, proven stakeholder management skills, and the ability to lead and develop a high-performing team.

 

Key Responsibilities

• Lead and manage the Americas Hedge Funds and Private Equity Funds Credit Risk team in New York, providing day-to-day oversight and guidance to a team of VPs, Associates and Analysts
• Review and approve credit memos, ratings and limits under delegated authority; assess creditworthiness of hedge funds and private equity funds through comprehensive analysis of fund strategy, performance attribution, liquidity profile, leverage, and manager or sponsor strength
• Conduct due diligence visits and calls with HF and PE clients; analyze trading strategies, risk management frameworks, performance metrics, operational controls and governance structures to produce high-quality credit assessments
• Collaborate with Front Office Risk and other risk functions to understand stress loss scenarios; perform ongoing monitoring including monthly/quarterly NAV reviews, performance attribution analysis, and proactive identification of deteriorating credit quality; review credit limit breaches and recommend appropriate credit actions when risk appetite thresholds are exceeded
• Review and approve trading activity, margin requirements and structural enhancements to transactions; oversee daily trade approvals in coor