Job Title:  RSK-Market 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 three business divisions: Retail, Asset 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, (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.
Divisional Overview:
Risk Management Division in Powai has the following functions – Credit risk, Market risk, Quant risk,
Model Validation, Operational risk and Market Risk Infrastructure.

Business Unit Overview:
Market Risk Management works to identify, monitor and control the firm’s exposure to risk, analyze
stress test results, and provide analysis on new products and businesses. Powai Market Risk managers
liaise with the risk managers in the trading centers on a daily basis to help manage their market
exposure, set & review risk strategies. Major activities involve daily analysis and interpretation of the
results of risk sensitivities; validation of Value At Risk (VaR), RWA, Economic Capital numbers and
sign-off on the relevant Risk systems, working on global projects for enhancement of Market Risk &
preparation of risk reports for traders and senior business management. Risk managers are also
expected to automate/re-engineer the risk reporting process and provide ad-hoc risk views and drill
down analysis of less transparent risks and issues of importance to senior Risk Management/Trading
Heads
Position Specifications:
Corporate Title Analyst
Functional Title Sr Analyst
Experience 1 to 2 year
Qualification MBA from a reputed institute or Masters with
engineering/math/science/commerce background

Role & Responsibilities:

 As a dedicated risk manager for the FX & Emerging Markets business areas, the candidate will
be responsible for managing the following
o Liaising with the risk managers in the trading centers on a daily basis to help manage
their market exposure, set & review risk strategies
o Daily analysis and interpretation of the results of risk sensitivities and stress tests
o Preparation of risk reports for traders and senior business management
o Monitoring and administration of risk limits and resolution of limit excesses
o Preparation of reports and escalation to senior management
o Ad-hoc risk views and drill down analysis of less transparent risks and issues of
importance to senior Risk Management/Trading Heads
o Re-engineer the risk reporting process including interactions with Risk and front Office
technology personnel to drive improvements
 The Risk Manager will need to understand the traded products in these asset classes and their
implications for risk management decisions. In particular, we are looking for candidates with
knowledge of FX / Rates derivatives with exposure to exotic fixed income derivatives
 Candidate is expected to understand what drives the risk profiles of Fixed Income Instruments
in different market conditions (both exposure profiles and risk sensitivities) and implications of
how the markets are evolving.

Key Skills:
Mandatory Desired
Domain
 Good knowledge of Financial Products
(especially derivatives), Financial Markets,
Economics
 Understanding of risk sensitivities and
VaR/Economic Capital
 Background in a numerical discipline:
engineering; math; science; etc.
 Strong analytical, quantitative and
technical abilities
 Strong communication skills (oral and
written)
 Masters (MBA preferred) from
a tier-1 institution
 Certification in CFA/FRM
 Python for Finance; or
exposure to tools like Alteryx
would be an added advantage
 Proficiency in Microsoft Excel