Credit Risk- Brokerage & Financing

Corporate Title: Associate

Department: Risk Management

                Location: New York

The pay range for this position at commencement of employment is expected to be between $90,000 and $115,000/ year*

 

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

 

Role Description / Areas of responsibility:

The primary focus will be the Prime Brokerage and Financing Businesses, with extended responsibilities supporting risk and margin analysis for fixed income derivatives trading. Specifically, the responsibilities include:

• Working with Prime Brokerage business & Credit Risk to analyze & approve client margin rules and setting risk limits;
• Monitoring Prime Brokerage client portfolios vs. key metrics and taking resolution action when risk is outside firm appetite;
• Client pre-trade risk analysis of financing and OTC trades to support approval decisions;
• Quantitative counterparty risk exposure analysis for Financing & derivatives trading, including VaR Margin and regulatory bilateral margin rules;
• Present views of contingent risk to Credit Risk, Front Office and in various management forums
• Aid development of globally consistent analytics & reporting standards;

 

Key objectives critical to success:

• Form an understanding of existing Nomura risk policies, methodologies and systems; give input on potential improvements and business development;
• Build a network of contacts across risk management, Global Markets and support functions;
• Demonstrate flexibility to operate across separate business lines within the Financing Risk space
• Proactive, problem solving

 

Skills, experience, qualifications and knowledge required:

Essential

• Broad knowledge of a range of asset classes and their derivatives and in depth knowledge of equities
• Excellent Presentation and communication skills
• Appreciation of client business and motivations
• MS Excel to expert level
• Good general knowledge & understanding of current macro-economic trends

• Ability to work independently, motivated to learn, detail oriented

 

Desirable

• Programming Skills e.g. VBA, SQL, Python etc.

 

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*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 in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of p