Job Title:  Risk Analyst

Job Code:  13478
Country:  IN
City:  Mumbai
Skill Category:  Risk
Description: 

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, (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.

Business 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. Market Risk managers in India  liaise with the risk managers in the trading centers on a daily basis to help manage market risk 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.

 

What We Offer:

 

  • We support employee wellbeing by ensuring a sense of purpose and belonging.
  • We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
  • Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

 

Position Specifications:

 

Corporate Title

Analyst

Functional Title

Analyst

Qualification

MBA from a reputed institute or Masters with engineering/math/science background

 

Role & Responsibilities:

 

 
 

 

  • Analysis and interpretation of the various risk sensitivities; P&L attribution
  • Validation of VaR, Incremental Risk Change, Economic Capital numbers and sign-off on the relevant Risk systems & preparation of risk reports for traders and senior business management.
  • Monitoring and administration of risk limits and resolution of limit excesses
  • Preparation of reports and escalation to senior management
  • Ad-hoc risk views and drill down analysis to senior Risk Management/Trading Heads
  • Re-engineer the risk reporting process (adding additional colour/automation/improving governance etc.)

 

 

 

 

 

 

 

 

 

 

 

 

 

Mind Set:

 

 

Mandatory

Desired

Domain

 

  • Good knowledge of Financial Products (especially derivatives), Financial Markets, Economics
  • Understanding of risk sensitivities and VaR
  • Background in a numerical discipline: engineering; math; science; etc.
  • Good understanding of Excel, excel VBA, python
  • Strong analytical, quantitative and technical abilities
  • Strong communication skills (oral and written)

 

 

  • Certification in CFA/FRM
  • Python for Finance

 

Nomura Leadership Behaviours

 

  • Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
  • Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
  • Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
  • Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
  • Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Equal Opportunity Employer:
 
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.