Job Title:  Credit Risk Auditor - Vice President

Job Code:  1916
Country:  US
City:  New York
Skill Category:  Internal Audit

The base pay range for this position at commencement of employment is expected to be between $190K and $220K/year*


Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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


Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors


Department overview:

The department is a key part of the firm's corporate governance and the department’s primary objectives are to review the company's control environment and report any weaknesses identified to the Audit Committee and senior management.

The department in the US comprises over 30 professionals, split across business, risk, LCC and IT auditors reporting functionally to the Global Portfolio Directors of each divisions and/or to the Regional Head of Internal Audit for the region based in the US.


Role description:

The Vice President, Risk Management Audit position is a lead auditor role within Nomura Internal Audit. It reports to the Global Head of Credit Risk Management Audit in New York. The position leads or participates in Credit Risk Management and other audits, as well as supporting other Internal Audit activities including risk assessment, issue remediation validation and continuous monitoring and auditing. The Risk Management audits are global and regional covering Market, Credit, Operational and Treasury risks and involves compliance with local and global regulatory requirements such as Basel, Dodd Frank, DEC, CFTC, etc

The principal role of the Wholesale Credit Risk Management Audit VP is to define and execute risk based audit of the Wholesale Credit Risk Management function across Nomura’s Wholesale business.  This role will work with other Risk and Non-Risk auditors. This individual will also have opportunity to participate in other Risk functional audits such as Market Risk, liquidity risk and operational risk.

In this role, the VP is expected to:

  • Define the scope of and execute assurance work over Wholesale Credit Risk audits regionally and globally, as required.
  • Working closely with the global counterparts, assist in risk assessing the Credit Risk Audit entities under his/her specific responsibility.
  • Remain current on any changes to Nomura’s risk profile through continuously monitoring the assigned area of responsibility and establishing close contact with key risk stakeholders. This includes a quarterly formal report that opines on (1) Changes to the Audit Universe; (2) Changes to underlying risk assessments, and; (3) Changes to the Audit Plan.
  • Stay actively engaged in all phases of the risk audit, from agreeing the audit plan to approving testing plans, completing and reviewing work-papers, producing draft reports and monitoring budgets and deadlines.
  • Participate in other functional audits such as market, credit, liquidity and operational risks.
  • Work with the Credit Risk Audit team to define an appropriate engagement model on individual product audits - the front to back reviews for a particular business line.
  • Ensure all audit work is executed in accordance with Departmental Audit Methodology and documentation standards. Ensure that each audit is completed within budget (time and effort).


  • Be responsible for effective follow up and verifying raised in reports are closed.
  • Carry out special projects, ad hoc investigations and advisory work, keeping the Head of Risk Audit up to date on all key findings and emerging issues.
  • Developing and implementing data analytics and automated testing to identify internal control weaknesses during internal audit reviews and continuous auditing



Skills, experience, qualifications and knowledge required:

Prior Credit Risk Management and/or Credit Risk Audit experience in a major Investment Bank, the candidate should have many of the skills and qualifications listed below:

  • Expertise in credit risk management in general, and a detailed knowledge of credit risk processes, including credit risk underwriting and sanctioning, counterparty credit risk management, wholesale credit risk governance, relevant regulatory requirements etc.
  • Appreciation of Market and other risk management processes
  • A bachelor’s degree in quantitative sciences, Business, Finance, or Risk Management, supported by work experience as a risk manager or a Risk Management auditor in a financial services firm, Consulting firm or Big 4 firm
  • Accounting, Audit and /or Risk Management professional qualifications is a plus
  • Detailed current understanding of regulatory requirements impacting Risk such as Basel.
  • Leadership skills and an ability to work across teams.
  • Confident manner and well-developed communication (both verbal and written), influencing, interpersonal and project management skills
  • Ability to effectively discuss control issues with senior auditees.
  • Ability to lead the development of risk based audit plan under the audit methodology to assess the effectiveness of Nomura’s Risk Management functions.


*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience.


If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.



Nomura is an Equal Opportunity Employer

Nearest Major Market: Manhattan
Nearest Secondary Market: New York City