Front Office Risk VP and Associate

The pay range for this position at commencement of employment is expected to be:
•    Vice President: between $200,000 and $300,000 per year*
•    Associate: between $125,000 and $140,000 per 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

Department overview

Front Office Risk is responsible for implementation of effective First Line of Defense Economic Risk Management within Wholesale. The team covers economic risk of all Global Markets business in the region; Flow and Structured Rates (including Agency Mortgages), Equity Products, and Securitized Product.

 

Responsibilities

Front Office Risk Management is looking to hire a Vice President and an Associate to join the team covering the US business. The risk managers will be required to make themselves aware of all significant market risk positions across a significant section of the US business. They will be responsible for performing quantitative and qualitative analysis on material positions and risk, and will work closely with the trading desks to understand their major strategies and exposures.

 

Role Description

• Provide Front Office Risk analysis across US Global Markets’ three major business lines.
• Monitor market activity and review positions taken by Trading Desks and Counterparties. Develop an understanding of the most significant risks and the factors driving performance.
• Analyze risks taken by the business using techniques such as VaR, Stress testing, Concentration/ Liquidity assessment, etc. and produce appropriate reporting and recommendations.
• Where necessary, challenge Traders and Risk-takers around the risk profile and positions
• Work closely and communicate effectively with the team, Corporate Risk, Traders, and Global Markets management.
• Work with the team to enhance our risk measurement framework including stress/scenario analysis, risk tools, and new approaches to analyzing risk

 

Qualifications

• Strong problem-solving and quantitative skills + good knowledge of statistics and financial models
• Self-starter, extremely proactive, can-do approach, intellectually inquisitive
• Strong team player with a very positive attitude and exemplary work ethic
• Excellent verbal and written communication skills.
• Detail-oriented problem-solving approach with strong desire to get things done

 

 

Vice President

• 3+ years of Financial Markets experience in Trading, Risk Management or related quantitative areas
• Preferably Graduate degree in quantitative field
• Programming skills desirable such as VBA, Python, MatLab, etc.

 

Associate:

• Ideally 2 years of professional experience in Financial Markets, in Trading, Risk Management or related quantitative areas
• Proficient in programming such as VBA, Python, Java, Matlab, etc

*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.

 

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

 

 

Nomura is an Equal Opportunity Employer