Job Title:  RSK-Global Middle Office

Job Code:  5861
Country:  IN
City:  Mumbai
Skill Category:  Risk
Description: 

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.

 

Business Unit 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, Counterparty Exposure validation and 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.

MRI(Market Risk Infrastructure) is responsible for the integrity of the data which flows into the firms Market risk management systems and the controls which govern the sign off and reporting of risk metrics by Market Risk Managers.

 

MRI Role involves:

Ensures relationships between range of reference data, Trade attributes, instrument and transaction data are not broken. Whilst input data is validated; reported data is reconciled.

Assist Risk Managers (RM) in overriding data where necessary as part of Adjustments/overrides

MRI function reconciles reports between systems to ensure that numbers from multiple systems are consistent

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 Risk Management/Trading Heads

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

Associate

Functional title

AVP

Experience

8-12 yrs

Qualification

BE/B.Tech/ Masters/ MBA in Finance

IT Qualification

SQL, Python, Alteryx

 

 

Role & Responsibilities:

  • Manage a team of analysts supporting T+1 sign-off of Market Risk metrics
  • Experience in understanding & developing target operating models aligned with the Business.
  • Implement business processes and controls aligned with the Operating model.
  • Work closely with other divisions like Technology, Market Risk and Methodology to implement strategic and regulatory initiatives like FRTB IMA/SA, cloud migration etc.
  • Solid, deep experience with data extract, transform and load (ETL) tools as Alteryx and data visualization tools
  • Write Complex SQL queries on multiple tables using complex joins
  • Perform end to end Data validation 
  • Ability to interact with business users and understand their requirements
  • Develop impactful presentations and documents
  • Communicate complex topics to team through both written and oral communications
  • Understand if there is technical or business limitation to implement control/configuration
  • Understand and document the compensating control for managing or mitigating security risk that  might exist due to the technical or business limitation
  • Provide recommendations to strengthen current processes and controls

Provide regular updates on assign tasks to team members

 

 

Mind Set:

 

 

Mandatory

Desired

Domain

  • Strong knowledge Market Risk and risk measures like VaR, IRC,SVaR etc.
  • Experience in handling complex projects/teams and building operating models
  • Proficient in data structures and associated tools like SQl, VBA, Python etc.
  • Proficiency in Business analysis / Project management
  • Strong Analytical skills.
  • Excellent communication skills both Written / verbal must.
  • Strong team player and quick learner.
  • Work with various stake holders including business , IT, Change Management etc.