GM Front Office Risk Manager

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

Division Overview

Our Global Markets team services financial institutions, corporates, governments, asset managers and hedge funds around the world. We act as market makers, trading in equity and fixed income securities, including currencies, interest rates and credit in cash, derivatives and structured products.

By leveraging the strength of our intellectual capital, client relationships and technology, we offer best-in-class products across a truly integrated, global cross-asset platform. A recognized leader in Asia with an international network spanning over 30 countries, we are in a unique position to offer a truly East-West service.

Department Overview

• Nomura’s Front Office Risk team covers various gamut of Risk and capital Management activities for the Global Markets business globally. The team works directly with Heads of Global Markets (Global and regionally) with the Global head of FO Risk based in New York. Team roles can be divided into three main categories:
• Front Office Risk tasks including daily analysis of GM Financial risks (Market , Counterparty ,Financing Risks)  and PnL and identifying potentially toxic risks and PnL drivers. These also include stop loss management for all GM traders and working with them for any risk reductions required in line with the stop loss policy.
• Capital Analysis and Planning: To analyse the regulatory capital requirement changes on a regular basis and identifying drivers of capital changes. Team also looks at developing potential trades to mitigate capital increases.
• GM Representation for special projects: Team represents global markets within various committees for new regulatory projects like BCBS239 and FRTB. It includes communicating GM requirements from these projects and ensuring they are fulfilled.

Responsibilities

• Working closely with the AEJ Front Office Risk team to support the Daily Monitoring of Financial Risks and PnL across AEJ with special focus on the Credit and Equity desks activities.
• Working closely with Business (Sales and Traders), Risk and other supporting functions to ensure that all risks are identified , measured , monitored and highlighted/escalated appropriately to Senior Management and senior traders.
• Stop loss management for AEJ traders and working with them on any risk reductions required in line with the stop loss policy.
• Looking at risks taken across desks and talking to sales, traders, risk managers, and any relevant teams to understand trading strategies, market flows, and moves, as well as the present and future impact of such risk on GM PnL.
• Assisting to identify new potential risks based on what is happening in the economy or coming from our product flows.
• Ensuing that risks are both identified and assessed, and appropriate mitigation and management measures are implemented in a comprehensive, appropriate and forward-looking manner, in accordance with governance principles.
• Assisting with special projects that the team is involved in.

Requirements

• Minimum 7 years’ experience in a Trading or Risk Management role in an Investment Bank or a Financial Institution.
• Minimum 5 years’ experience in a Risk function conducting analysis of risks and directly interacting with Sales, Traders and desk heads.
• Proven technical knowledge of financial market products, trading systems, Counterparty and market risk, and capital markets
• Strong analytical skills, VBA/Python Coding, and Excel/Power BI skills
• A problem solver who can work independently and has strong communication skills
• Minimum a Bachelor’s Degree from an accredited university

Nomura Leadership Behaviours

• 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 productivity.
• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER:  This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time. 

Nomura is an Equal Opportunity Employer