Job Title: FO risk and PnL strat
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
Position: FO Risk and P&L Strats Vice President
Location: London
Position Overview
Seeking an experienced Vice President to join the FO Risk and P&L Strats team, focusing on risk analytics and PnL attribution for the Flow Rates trading desk. The role involves close partnership with traders to enhance their understanding of portfolio risk and performance drivers.
Key Responsibilities
- Perform detailed PnL attribution analysis to identify key performance drivers
- Enhance existing intraday risk management framework and methodologies
- Create and enhance risk visualization tools for trading desk consumption
- Provide real-time analytics support during market events
- Partner with traders to deepen their understanding of portfolio behaviour
Required Qualifications
- Advanced degree in Mathematics, Physics, Engineering, or related quantitative field
- 7-10 years of experience in rates markets with focus on risk analytics
- Deep understanding of fixed income products including:
- Government bond markets and sovereign debt dynamics
- Interest rate swaps and derivatives
- Risk sensitivities and Greeks
- Yield curve mechanics and basis risks
- Experience working with intraday risk systems
- Proven track record in developing risk analytics frameworks
Technical Skills
- Expertise in PnL attribution methodologies
- Strong understanding of market risk metrics
- Advanced knowledge of risk decomposition techniques
- Proficiency in data analysis and visualization
- Ability to prototype solutions using Python/Excel
Soft Skills
- Excellent ability to explain complex risk concepts to traders
- Strong interpersonal skills for daily desk interaction
- Ability to remain calm under pressure during market stress
- Detail-oriented with strong problem-solving capabilities
This role offers an opportunity to work directly with front-office trading teams, providing critical risk insights and analytics support in a dynamic market environment.
Nomura competencies
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 psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
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.