Job Title:  FO Risk

Nomura Overview:

Nomura is an Asia-headquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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 Services India, (Powai) supports Nomura’s businesses around the world. Powai’ s world class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support have played a key role in facilitating Nomura’s global operations and are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the platform to support the growth of Nomura’s global business.

Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.

Division Overview:

Global Markets Division: Based in Mumbai, the front-office team which works on a team extension model delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a centre of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business’ aggressive revenue targets. The team is playing an integral role in structuring, pricing, risk management and new idea generation.

Business Unit Overview: The newly formed Financial Resources management team within GM will be responsible for helping wholesale business management and CFO to analyse and optimise allocation of various financial resources across Nomura wholesale business. The team would cover all financial resources including and not limited to RWA (Market, Credit and Operational), BS, Leverage Ratio, NSFR, UF, MCO Charges, Client Return on Resources etc.

Position Specifications:

Role & Responsibilities:

• Work with risk and finance function for seamless sourcing of various financial resources information at granular level (as available).
• Ensure full understanding of how each resource metric is computed and overtime vet the data for accuracy / data quality (in conjunction with risk and finance)
• Understand and document key drivers of each financial resource in terms of business area / product.
• Develop return metrics for each financial resource with a view on riskiness / liquidity of WS portfolio.
• Identify opportunities to creatively optimise resource consumption.
• Identify opportunities to optimise deployment of resources across various parts of GM business. 
• Develop scorecards / dashboards that help WS management in identifying best areas to deploy additional resources
• Develop ability to estimate available resource capacity while assessing new business opportunities 

Mind Set: