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 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.
Divisional Overview:
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
Business Overview:
Risk Data Management Team (RDMC), is responsible for validating and improving the integrity of data used in exposure calculations and coordinating with cross-corporate business units for requisite issue resolutions. RDMC also drives data management strategy for Risk and helps develop data architectures that are flexible and scalable to meet new regulatory requirements.
Position Specifications:
Corporate Title Analyst Functional Title Analyst Experience 0-2 years Qualification B.TECH, BE, MBA, B.Com
Role & Responsibilities:
• Responsibilities include data analysis and governance which involves detection and resolution of risk data exceptions to improve the quality of counterparty exposures and capital Implementing data quality processes/procedures to ensure accuracy of credit data
• Partner with other business functions including IT to streamline, automate and develop new tools for Credit Risk Project related activities geared towards internal Credit Risk requirements as well as Regulatory requirements
• Capital assurance on regulatory capital (EEPE & sEEPE) and economic capital (Counterparty NCAT)
• Monitoring / investigation / analysis / resolution of credit exposure metrics (PFE, EE, Current Exp, GWWR, SWWR)
• Understand trade bookings and types to evaluate how exposures will feed and impact into Credit Risk systems across metric
• Conduct Stress Testing batch validation and provide supporting comments on the effects of scenarios & sensitivities on exposures
• Investigate, analyse and resolve data integrity issues and should be able to develop an understanding for data architecture and data flow
• Limit & Excess Management on Products / Counterparties / Countries and timely escalation on discrepancies to senior management
• Work on regulatory reports for JFSA / PRA / FINRA / SEC and to provide senior management with a view on the credit risk exposures on timely basis
Mind Set:
Mandatory Desired Domain
Product knowledge
Strong Excel and Microsoft office including SQL, Power BI
Credit Risk Management metrics, Python, Business Objects, Altryx