Job Title:  RSK-Market Risk

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:

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 area.

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.

Role & Responsibilities of the position in brief:

• Prepare/Develop periodic reports for analysing and monitoring P&L and various risk metrics (eg. VaR, SVaR, Economic Capital, Risk Sensitivities etc) for the desk
• Monitor movements in Basel III ACVA capital charges for the firm and identify major drivers
• Perform ad-hoc pre-trade ACVA capital impact analysis when using complex hedging instruments (CCDS for e.g.)
• Estimate parameters (Liquidity Ratios) used to calculate economic capital for the CVA desk
• To develop tools related to risk analysis and provide active support in enhancing & maintaining such tools
• Provide periodic commentaries around major P&L and risk profile changes to senior RMs
• Perform analysis around higher order risks (Cross Gamma) for the desk and key RWR/WWR positions in the books
• Review the Economic Capital and ACVA numbers in the risk systems and provide sign off along with appropriate commentaries.

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.