Job Title:  Head of Investment Risk - Vice President

Job title: Head of Investment Risk
Corporate Title: Vice President
Department: Nomura Asset Management 

Location: London

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.

Nomura Asset Management is headquartered in Tokyo but NAM-UK is the largest overseas office. The Risk function provides advice and information to multiple business teams in the UK and several of the Sales and Marketing functions in other International offices.
 

Role description 
There is an opportunity within Nomura Asset Management for an experienced risk professional to join as the Head of Investment Risk. The role would suit someone who possesses advanced analytical skills in the assessment of investment Risk and has leadership experience as the role has one direct report. 

Knowledge of fixed income, multi asset (including derivatives) and equity asset classes are essential along with experience with different risk models. The successful candidate will have the confidence and credibility to present risk concerns and potential corrective actions to senior investors and the management of NAM UK. The individual will report to the Head of Compliance.

• Run monthly risk reports for Equity, Fixed Income and Multi Asset Portfolios
• Lead Equity, Fixed Income and Multi Asset risk meetings with PMs and explain the risks
• Lead formal risk committees and present the portfolio risks
• Run additional analyses, either to satisfy non-standard client requests or to supplement the abilities of the risk systems in use
• Maintain knowledge of industry standards and best practice
• Work closely with investment teams to understand the intended portfolio risks and point out any unintentional exposures. The Investment Risk team should add value to our portfolio management effort where possible
• Suggest corrective actions where portfolio tolerances are breached. Appropriately escalate communication of any breaches within the organisation
• Work with the Performance and IT teams (and beyond) to increase understanding of risk reporting techniques and the portfolios we manage
• Have oversight of longer term risk projects
• Lead and develop the team (currently one analyst) to maintain BAU reporting/processes, enhance analytics and meet requirements of NAM U.K (such as onboarding new funds in the UK and/or in Singapore and Malaysia)
• Free ranging role to identify, report and resolve investment risks 

Skills, experience, qualifications and knowledge required

• Degree qualified with strong numeracy and analytical skills
• Post graduate qualifications such as Masters/PhD or CFA desirable
• Several years’ experience in a risk management role
• Experience of Market risk, Liquidity risk and Credit risk
• Experience of ESG/Sustainable investments
• Previous experience with leadership/mentoring
• Be able to challenge the investment team
• Excellent communication skills, in order to communicate research methodology and tools used to client base and investment teams
• The ability to prioritise deliverables and meet client expectations
• Be able to establish good working relationships internally/externally and maintain existing client relationships
• Previous hands on experience using RiskMetrics, Barra One and Bloomberg PORT or similar
• Experience of Fixed Income, Equity and Multi Asset asset classes, including derivatives
• Ideally able to bring a fresh perspective relative to systems (RiskMetrics, Barra One, Bloomberg Port) or investment teams (equity, fixed income, multi asset)
• VBA desirable

Nomura competencies
Trusted Partner 

• Understand clients’ needs and issues, and provide solutions utilizing Nomura Group company’s resources, earn the clients’ trust 
• Acquire a wide range of knowledge as an employee of Nomura, instead of focusing only on one’s own area of expertise; play a part in improving the company’s services level and corporate value 

Entrepreneurial leadership 

• Take on new challenges for improvement and cultivate a corporate culture of challenge by driving change in business operations 

Teamwork Collaboration 

• Ensure views are not biased, accept different opinions and perspectives, and collaborate with other members to create common values  

Influence 

• Provide appropriate guidance to others and act in a manner that places emphasis on the performance and growth of the organization  

Integrity  

• Improve further the understanding and awareness of corporate philosophy, professional ethics, compliance risk management, and code of conduct, and make decisions and take actions from a management position

Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.

Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment.  A member of staff will be happy to help.

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. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

Nomura is an Equal Opportunity Employer