Job Title: ED, AeJ Credit Risk, Financial Institutions

Job Code: 7294

Country: HK

City: Central

Skill Category: Risk

Description:

Job Title: AeJ Credit Risk, Financial Institutions

Corporate Title: Executive Director

Department: Risk Management

Location: Hong Kong

SFID: 7294

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.

Department Overview:

At Nomura, the Credit Risk Management (CRM) Department plays a crucial role in overseeing counterparty credit exposure across Asia, excluding Japan. This department handles a diverse range of counterparties, including financial institutions, hedge funds, and corporations, dealing with various financial products such as loans, securities financing, and derivative transactions.

Role Description:

As the Team Lead – AeJ Credit Risk, Financial Institutions, you will lead a team responsible for managing FI counterparties (encompassing entities like banks, broker/dealers, and insurance companies) throughout Asia ex-Japan (AeJ), with a particular focus on the Greater China market. This position is integral to our FI coverage strategy.

As the primary contact for front office regarding FI counterparties and exposures, you will be expected to leverage your expertise to balance risk management with business growth objectives, ensuring the department's activities align with Nomura's overall strategic goals.

Other responsibilities include:

Reviewing and approving credit limits
Managing credit exposures to financial institutions in AEJ
Monitor portfolio risk profiles, concentrations, and economic / industry / regulatory developments. Report risk profile trends and issues to senior management, as well as make recommendations on portfolio action steps, as necessary.
Lead and mentor a team of credit analysts, fostering a culture of continuous learning and development.
Ensuring good credit underwriting practices within the team
Ensuring team is prescribing appropriate credit terms and financial covenants for legal documents (ISDA, CSA, GMRA, GMSLA, etc.)
Ensuring continuous monitoring of counterparties, including news, regulatory changes, and financial performance within the team
Ensuring exposure management by the team
Collaborate with front-office teams, legal, compliance, and other stakeholders to support business initiatives while managing the risks
Participating in global presentations and projects i.e. global credit committees to present sector reviews, and global project for enhancement of systems, processes, and governance.

Requirements:

Minimum 10 years’ experience covering Financial Institutions in an Investment or Commercial Bank with a focus on Financial Institutions across Greater China, and a minimum of 3 years managerial experience.
Fluency in spoken and written English and Mandarin is required as this role will manage credit exposure to Financial Institutions (FI) counterparties across Greater China.
Experience in derivative products, securities financing and structured transactions.
Experience with derivative legal documents such as ISDA Master Agreement, Credit Support Annex (CSA), Global Master Repurchase Agreement (GMRA) and Global Master Securities Lending Agreement (GMSLA).
Prior experience in analyzing corporate counterparties would be an advantage.
Good organization and time management skills. Should be able to work under time pressure.
Good inter-personal and strong verbal communication skills. Should be at ease in communicating with Sales and external clients.
Strong problem solving and decision-making skills.
Degree from an accredited University.

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