Job Title:  Credit Risk Manager - Hedge Funds & Private Equity

JOB DESCRIPTION

Job title: Credit Risk Management – Hedge Funds / Private Equity

Corporate Title: Vice President

Department: Risk Management

Location: New York                         

The pay range for this position at commencement of employment is expected to be between $160,000 and $220,000/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 www.nomura.com.

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

Department Overview:

Credit Risk Management (CRM) is a key function in protecting and making sure we take prudent risk for Nomura.

Credit Risk Management is looking to hire a Vice President responsible for managing counterparty credit risk with focus on Hedge Funds, Private Equity, and other alternative asset.

Our team underwrites clients while assigning internal credit rating and establishing and managing credit risk limits. The team also evaluates transactions and approves, rejects, or modifies them considering the credit quality.

Role description:

• Assess creditworthiness of clients and assign appropriate internal credit ratings and determine credit exposure appetite across traded products utilizing firm risk models
• Perform client due diligence and financial analysis and summarize in written credit approval memos and reviews
• Review and approve trading activity, margin requirements and structural enhancements to transactions
• Negotiate legal documentation for traded products while having a good understanding of associated covenants
• Maintain updated credit research on a portfolio of clients while reviewing reports, monitoring covenants, analyzing exposure and managing credit risk appetite
• Collaborate with business, market risk, and cross functional teams while evaluating transactions withing hedge funds, and private equities (fund financing, FX/IR hedging, DCFX, etc); providing recommendations and suggesting alternatives if required to optimize outcome
• Participate in firm wide projects
• Demonstrated ability to mentor junior members of the team

Skills, experience, qualifications and knowledge required:

• At least 8+ years of relevant experience, with understanding of market fundamentals within funds space across trading strategies.
• Experience in both hedge funds and private equity transactions / structures preferred
• Knowledge of a range of traded products, and accounting
• Credit / Market risk experience required
• Interest in markets and ability to assess impact on the sector / portfolio
• Advising and/or assisting teams in a fast-paced, high-pressure environment with the ability to prioritize and complete tasks within team environment
• Advising or assisting multi-disciplinary teams across complex engagements with multiple workstreams and stakeholders
• Leveraging effective business writing and verbal skills, including leveraging negotiation and consensus-building to achieve results
• Demonstrating business and project management acumen, executive presence and professionalism
• Proficient in Excel, Powerpoint and Word

Nomura Competencies

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

• Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

*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. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., 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