Job Title: RSK-Credit Risk

Job Code: 9076

Country: IN

City: Mumbai

Skill Category: Risk

Description:

Nomura 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 Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

Global Credit Risk Management (CRM) operates as a second line of defence credit risk control function within the Risk Management Division. The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile, which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas.

The Risk Department at Nomura is broadly organised according to the main risk classes Market Risk, Credit Risk, New Business and Operational Risk. The Risk Department provides senior management with an independent view of the principal risks taken by individual business units.

Business Overview:

Risk Infrastructure (RI)

Risk Infrastructure is responsible for the overall governance and support of the firm’s Financial Risk platform. This includes activities like Input Data Management and Control, Exposure Metric Validation, Data Integrity & consistency, Capital Assurance, Risk Limit Management and Risk Reporting. In addition they assist Risk Managers (RM) in resolving data issues where necessary and take corrective actions. RI also drives data management strategy for Risk and helps develop data architectures that are flexible and scalable to meet new regulatory requirements.

The CRI Team is part of the overarching Credit Risk Management. CRI has responsibility to monitor and report on counterparty exposures impacting Capital and Limits, settlement risk , governance around credit limit requests and specific pre-trade requests; and risk reporting for various Senior Risk Management, KSMMs, Business and Regulatory reporting. Drives data management strategy for Risk and helps develop data architectures. Provide ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior management.

The candidate must have a strong background in visual data delivery; interactive design and SQL with a passion for re imagine/ design. In addition, the candidate will be responsible for planning, designing, coordinating and developing highly interactive dashboards, reports with built-in guided analytics for various lines of business

Position Specifications:

Corporate Title	Analyst
Functional Title	Analyst
Experience	0 – 2 years
Qualification	B.Com / B.Sc. / B.TECH / MBA
Technical Skills	SQL, Python, Alteryx
Requisition No.	9076

Role & Responsibilities:

The candidate will be supporting the Credit Risk Infrastructure team with the following activities:

Data Analysis and Risk Management:
- Assist in monitoring on areas of risk such as settlement risk and credit risk metrics • Support CRM in Managing limits and excesses for products, counterparties, and countries • Support onboarding and offboarding of counterparties or risk management

Process Improvement and Automation:
- Collaborate with IT and other functions to streamline and automate credit risk processes • Develop new tools for internal credit risk requirements and regulatory compliance

Control and Governance :
- Conduct regular checks , issue tracking and remediation monitoring in line with credit risk policies. • Perform governance control on processes performed by credit risk analyst.

Reporting and Presentation:
- Prepare and present senior management decks on credit risk metrics and ad-hoc analysis • Create and deliver regulatory reports for JFSA, PRA, FINRA, and SEC • Prepare and deliver reports for regulatory processes and muti-divisional forums

Internal Audit and Reconciliation:
- Implement adjustments and adhere to defined governance standards • Perform reconciliations and resolve audit findings • Escalate discrepancies to senior management in a timely manner

Technical Implementation

Develop and optimize SQL queries for data extraction and analysis
Build automated workflows using Alteryx for data processing
Create Python scripts for complex data transformations and joins
Implement ETL processes for credit risk data integration
Design and maintain target operating models

Mind Set:

Mandatory

Desired

Domain

Good understanding of Financial Products for E.g. Derivatives, SFT, etc

Self-motivated, logical thinking, good interpersonal skills and demonstrate ability to form successful working relationships
Delivery focused with the ability to work well under pressure and meet deadlines under compressed timescale

Understanding of credit risk principles

Project management capabilities

Understanding of Economic & Regulatory capital

Organizational skills, multitasking and detail oriented

Strong communication abilities to work with stakeholders

Problem-solving and analytical thinking

Technical

Basic skills in Microsoft office kit - PowerPoint and Excel together
SQL: Complex queries, joins, and data manipulation
Python: Data processing, pandas, numpy etc
Alteryx: Workflow design and automation

Basic Skills in with SQL, Alteryx and PowerBI

ETL: Design and implementation

Data Quality Tools: Profiling, monitoring, and reporting

The firm is an equal opportunity employer, and we are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. The firm and its affiliates prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.