Job Title:  XVA Market Risk Manager (Associate/VP)

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

Role description:

• Support senior risk managers covering Nomura’s Trading business in the EU, primary focused on CVA and FVA Market Risk.
• Review of the desks exposures as they relate to Basel 2.5, Basel 3 and economic measures and sign-off on legal entity level daily values.
• Review of market exposures to ensure entity remains within trading limits.
• Develop and produce internal and external risk reports which meet German regulatory requirements and assist with ad-hoc requests from German regulators.
• Work alongside existing Market Risk Infrastructure team in London and India to ensure appropriate governance and controls are applied to market risk within the entity.
• Run stress scenarios on trading positions used by senior management to gauge the risks of the portfolio.
• Support regulatory projects such as CRR/FRTB and lead on local implementation
• Participate in the review of infrastructure projects to enhance risk management systems.
• Perform scenario analysis on trades to determine whether they are within the entity risk appetite.
• Review risk measures to ensure accuracy of the risk produced by analytic systems.
• Be part of the global XVA market risk management team and support the regional and global activities.

Skills, experience, qualifications and knowledge required

• Experience of complying with European regulations (preferably relating to Risk) in a financial institution
• At least 5 years of experience working for a financial services firm preferably in market risk management or trading.
• Knowledge of XVA market risk or a similar asset class.
• Strong communications skills are necessary as the person will engage with a large number of groups on a daily basis (traders, mid-office support, product controllers, IT, risk analytics).
• Quantitative degree (Mathematics, Statistics, Physics, Economics, Engineering).
• Detail oriented.
• Programming skills are a plus but not absolutely required.
• Ability to work independently.
   

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