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
Job Title: Front Office Risk Associate
Corporate Title: Associate
Department: Global Markets
Location: London
Department overview:
Nomura’s Front Office Risk team covers a broad variety of Risk and Capital management activities for the Global Markets business globally. The team works directly with Heads of Global Markets both globally and regionally. Team roles can be broadly defined as:
1. Regular analysis of Risks warehoused in Global Markets Division across both Market Risk and Counterparty Risk.
2. Liaise with 2nd line of defence and participate in risk meetings to discuss key client exposures.
3. Analyse PnL drivers for GM portfolio and work towards identifying potentially toxic risks under different market environments.
4. Stop loss management for all GM traders and work with them for any risk reductions required in line with the stop loss policy.
5. Capital Analysis and Planning: To analyse the regulatory capital / other financial resources requirements and identifying drivers of changes.
6. GM Representation for special projects: Team represents global markets within various committees for regulatory projects like FRTB.
Responsibilities:
1. Monitoring and reporting on various trading desks within EMEA GM.
2. Building out tools for risk analytics.
3. Working closely with corporate functions to help Business’s and Desks’ heads in EMEA with Risk Identification and Monitoring.
4. Identifying new potential risk based on economic changes or product flows.
5. Understanding how new regulation could affect GM business and proposing solutions to mitigate it.
6. Stop loss management for EMEA traders.
7. Liaison between different trading desks in EMEA and global teams on implementing upcoming regulations like FRTB.
Skills, experience, qualifications and knowledge required:
1. Technically-minded with an understanding of risk across asset classes/products.
2. Strong analytical and Excel skills.
3. Experience writing code in Python is preferable.
4. Good communication skills for interaction with traders and support functions.
Regular Work in Office (five days per week) is required.
Culture & Conduct
Contributes to desired culture; maintains high standards of behavior; seeks to develop; learns from experience.
Client-Centricity & Business Acumen
Demonstrates market understanding; pays attention to detail; articulates contributions to strategy; embraces new ways of thinking.
Communication & Connectivity
Adjusts communication style to suit audience; communicates ideas clearly; builds internal network.
Execution & Delivery
Maintains commitment to results; executes actions on-time; seeks and accepts feedback.
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.
Diversity & Inclusion
Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees. We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.
If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
#J-18808-Ljbffr