COO, Front Office Risk

JOB DESCRIPTION

Job title: COO of Front Office Risk

Corporate Title: Vice President/Executive Director    

Department: Front Office Risk

Location: New York

The base pay range for this position at commencement of employment is expected to be between 

 

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.

 

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

 

Department overview:

• Business Management & Governance
• Act as a key liaison between Front Office Risk and senior leadership across trading, sales, and control functions.
• Support the COO in managing the operational structure, governance, and strategic agenda of the Front Office Risk team.
• Drive risk governance forums, including the preparation of materials for risk committees, senior management updates, and regulatory engagements.
• Ensure compliance with internal and external regulatory requirements by working closely with Compliance, Legal, and Audit teams.
• Oversee the implementation of policies, controls, and escalation frameworks to ensure adherence to Nomura’s risk appetite.
• Risk Oversight & Controls
• Support the monitoring and reporting of key risk metrics, stress testing results, and portfolio exposures to ensure timely risk identification and mitigation.
• Coordinate risk reviews, risk factor analysis, and scenario calibration in collaboration with Market Risk and Quantitative Risk teams.
• Enhance the firm’s stress testing and risk factor sensitivity analysis to provide actionable insights to trading desks.
• Manage risk escalation frameworks including limits, policies, and escalation processes and provide guidance on risk mitigation strategies.
• Operational Efficiency & Process Improvement
• Identify and drive process automation and technology enhancements to improve risk data aggregation, reporting, and decision-making.
• Work closely with IT and Data teams to enhance risk systems, streamline workflows, and improve risk analytics capabilities.
• Optimize Front Office Risk operations by standardizing procedures and improving efficiency in reporting and governance processes.
• Strategic Initiatives & Change Management
• Lead and execute strategic projects that enhance the effectiveness of the Front Office Risk function, such as regulatory initiatives, stress testing enhancements, and collateral risk framework improvements.
• Collaborate with global teams across Nomura’s regions (US, EMEA, APAC, Japan) to align risk management frameworks and best practices.
• Manage cross-functional projects related to capital optimization, risk model enhancements, and regulatory compliance.
• Partner with Front Office and Risk Technology teams to implement next-generation risk management tools.
• Collaborate with the front office and risk management teams to identify areas for improvement in risk monitoring, reporting, and controls.
• Leadership & Stakeholder Management
• Provide leadership and guidance to junior risk managers, business analysts, and project managers within the COO function.
• Build strong relationships with Trading, Structuring, Prime Brokerage, and Treasury teams to align risk strategies with business objectives.
• Act as a representative for the Front Office Risk COO in key forums, meetings, and regulatory discussions.

 

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards