Electronic and Algorithmic Trading Risk Analyst

Job Title: Electronic and Algorithmic Trading Risk Analyst
Corporate Title: Analyst
Department: Market Risk Management
Location: New York

 

The pay range for this position at commencement of employment is expected to be between $90,000 and $105,000 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

Department overview

The Electronic and Algorithmic Trading (EAT) Risk Management teams sits within the Market Risk function and is responsible for developing and operating the Global EAT Risk Framework. The Global EAT Risk Framework is designed to monitor risk (Financial and Non-Financial) arising from EAT Activity.

 

Role description

The EAT Risk Manager will be located in New York responsible for the oversight of EAT activity in the region.

Core responsibilities for EAT Risk Managers include:

• Review new Electronic Trading Systems or material changes to existing systems
• Facilitate the annual control attestation process
• approval of automated control reviews and associated limits
• review of relevant EAT incidents and facilitating cross functional reviews
• supporting EAT Risk Framework and governance including:
  • Development and maintenance of Risk Owned Policies and Procedures
  • Support the running of Risk Committees
  • Production of Management Information
• Review new and upcoming Electronic and Algorithmic Trading specific regulations. Perform gap analysis with the Firm’s Stakeholders to determine level of compliance, gaps and remediation plans.
• Contribute to the continued development of the Algo Control Framework and work with key stakeholders to embed new processes

 

Skills, experience, qualifications and knowledge required

 

• 2-3 years of experience in Compliance, Market Risk, Operational Risk Management or Technology Risk
• Strong written and verbal communication skills with the ability to engage with all levels of management
• Strong project management skills with ability to handle multiple deliverables
• Ability to remain objective and to independently raise concerns and risk issues
• Ability to effectively collaborate with multiple stakeholders
• Strong written and verbal communication skills with the ability to engage with all levels of management
• Preferred understanding of eTrading Markets and flows

Nomura Competencies

 

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance produ