Job Title:  RSK-Risk Methodology Group

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.

Division 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. The Risk Management Division in India comprises:

• Market Risk Management
• Credit Risk Management
• Risk Methodology
• Model Validation
• Risk Control function
• Risk Data Management Office

Business Unit Overview:

Credit Risk Management operates as a credit risk control function within the Risk Management Division, reporting to the CRO. The process for managing credit risk at Nomura includes:

• Evaluation of likelihood that a counterparty defaults on its payments and obligations;
• Assignment of internal ratings to all active counterparties;
• Approval of extensions of credit and establishment of credit limits;
• Measurement, monitoring and management of Nomura’s current and potential future credit exposures;
• Setting credit terms in legal documentation, including margin terms; and
• Use of appropriate credit risk mitigants, including netting, collateral and hedging

Credit Risk Exposure Management (CEM) is a functional unit under Credit Risk Management (CRM) that aids in managing counterparty credit risk. It acts as a single service point to support Credit Risk BU and other functions on:

• Required margin level and collateral composition for client trades and portfolios
• Regulatory and Economic Credit Risk Capital analysis for different legal entities and portfolios
• Portfolio concentration, liquidity and margin shortfall risk analysis
• Credit Limit Management through analysis & validation of current and potential future exposure analysis

Position Specifications:

Role & Responsibilities:

Mind Set:

The firm is an equal opportunity employer. The firm and its affiliates do not discriminate in employment based on race, religion or belief, gender, national or ethnic origin, disability, age, citizenship, marital or domestic / civil partnership status, sexual orientation, gender identity or gender expression