Job Title:  Front Office Risk Associate

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:   Front Office Risk Associate
Corporate Title:   Associate
Department:    Global Markets     
Location:         London        

Department overview:

Nomura’s Front Office Risk team covers a board 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 defines as:

• Regular analysis of Risks warehoused in Global Markets Division across both Market Risk and Counterparty Risk. Team needs to stay in touch with the market moves and events and be in regular touch with trading teams on understanding their risk views and market flows that may impact our broader risk positions.

• Liaise with 2nd line of defence and participate in risk meetings to discuss key client exposures.

• Analyse PnL drivers for GM portfolio and work towards identifying potentially toxic risks under different market environments.

• Stop loss management for all GM traders and work with them for any risk reductions required in line with the stop loss policy.

• Capital Analysis and Planning: To analyse the regulatory capital / other financial resources requirements and identifying drivers of changes. Team also looks at developing potential trades to mitigate capital increases.

• GM Representation for special projects: Team represents global markets within various committees for regulatory projects like FRTB. It includes communicating GM requirements from these projects and ensuring they are fulfilled.

Responsibilities:

• Incumbent will be part of the EMEA Front Office Risk team, who are all based in London. The focus will be on monitoring and reporting on various trading desk within EMEA GM as well as building out tools for risk analytics.

• Will work closely with all corporate functions of the bank to help Business’s and Desks’ heads in EMEA with Risk Identification and Monitoring, by highlighting any risk issues (risk concentration, high limits usages, potential new risks, etc.)

• Looking at risk taking in those desks and talking to traders as well as the Risk Managers and any relevant team to understand trading strategies, market flows and moves as well as the present and future impact of such risk on GM P&L.

• Identifying new potential risk based on what is happening in the economy or coming from our product flows.

• Understanding how the new regulation could affect GM business and propose solution to mitigate it.

• Stop loss management for EMEA traders and working with them for any risk reductions required in line with the stop loss policy

• Will work on any new regulation related to risk and be the liaison between the different trading desks in EMEA and the global teams working on implementing and planning the upcoming regulations like FRTB

Skills, experience, qualifications and knowledge required:

• The person need to be technically-minded as the role involves understanding and explaining the risk taken across asset classes / products and link it to the PnL of that particular desk.

• Strong analytical and excel skills.

• Experience writing code in Python is preferable

• The person should have good communication skill as the job will involve a permanent interaction with the traders and all the support functions.

• Regular Work in Office (five days per week) is required.

Nomura competencies

Culture & Conduct

• Contributes to desired culture

• Aware of different values / styles

• Maintains own and holds others to high standards of behavior

• Seeks to develop

• Aware of impact of own strengths / weaknesses

• Learns from experience

 Client-Centricity & Business Acumen

• Demonstrates understanding of current market

• Anticipates client needs

• Pays attention to detail, synthesizes accurately

• Sees problems, recommends solutions

 Strategy & Innovation

• Articulates own contributions to divisional and firm-wide strategy

• Embraces and balances new / differing ways of thinking / working

• Makes decisions appropriate to their role, knows when and how to escalate

• Knows when / how to compromise

• Responds positively to changing needs and circumstances

• Is able to change direction quickly

 Leadership & Collaboration

• Proactively participates in own and others' performance year

• Assists in recruiting and on boarding new team members

• Gives credit to others for positive contributions

• Builds collaborative and productive working relationships

• Provides on-the-job training to colleagues

• Provides and listens to constructive, timely and specific feedback to resolve conflict

 Communication & Connectivity

• Adjusts communication style to suit topic / audience

• Balances listening / talking

• Communicates ideas and issues clearly and with consideration

• Questions to understand others’ views

• Is a proven and credible resource

• Builds internal network

• Willingly works with others to share information

 Execution & Delivery

• Maintains positive commitment to results

• Takes on challenging assignments

• Executes priority actions on-time

• Keeps stakeholders updated, manages expectations

• Persists when confronted with resistance

• Seeks, listens to 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.