Job Title:  Market 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

Job Title:  Market Risk Manager
Corporate Title:  Executive Director
Department:  Risk Management
Location:  Hong Kong

Department overview:
The Market Risk Management team stands as a fundamental pillar of Nomura's risk control framework in Asia-Pacific, with the Hong Kong office functioning as a strategic nexus for risk oversight across the region. Operating as a central hub, the department coordinates seamlessly with other key locations including Tokyo, Singapore, and Sydney, while maintaining crucial links with London and New York to ensure comprehensive 24-hour risk coverage. 

The team's core mission focuses on protecting the firm's capital through sophisticated risk measurement and monitoring, while simultaneously enabling profitable trading activities. This delicate balance is achieved through the implementation of robust risk frameworks, cutting-edge analytics, and dynamic management practices that adapt to evolving market conditions. The department's strategic location in Hong Kong leverages the city's position as a key financial center, particularly beneficial for its proximity to mainland China and its role in facilitating Asian market operations.

Role description:
Lead the Equities Market Risk team in Asia ex Japan, with reporting lines into the global head of Equities Market Risk Management (based in NY) and the regional head of market risk (HK).

Responsible for leading the team which identifies, measures, monitors, and provides challenge to the Business regarding strategy and appetite for market risks across Asian Equity Products.  The successful candidate will work closely with trading desks, senior management, and global risk teams to ensure effective risk management

Additional responsibilities: 

• Monitor and understand the drivers of P&L volatility, as well as changes to risk metrics and the impact to position limits
• Identify and perform deep-dive analysis on significant risk positions, emerging risks, or unusual patterns
• Monitor market events and assess potential impacts on portfolio risk and P&L
• Developing and maintaining risk reports and analytic tools
• Work closely with trading and sales to assess risk and business strategy, as well as other corporate functions such as model validation, Finance, and IT
• Review committee/transaction approvals
• Lead and develop the junior members of the equity market risk team

Skills, experience, qualifications, and knowledge required:

• Intellectual curiosity and a passion for understanding broader financial markets
• 7+ years in market risk management, preferably with Asian markets focus
• Strong understanding of equity products and structured derivatives in particular
• Working knowledge of option pricing models
• Strong communication skills (both written and verbal)
• Independent decision-making ability
• Programming skills (python or SQL) would be an advantage
• Strong people management and coaching abilities

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