Job Title:  Liquidity/Treasury Risk

Job Code:  2271
Country:  US
City:  New York
Skill Category:  IT\Technology
Description: 

The pay range for this position at commencement of employment is expected to be between $145,000 and $175,000/ [hour/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:

The Liquidity and Treasury Risk Management (LTRM) team is a newly created department with the Risk organization responsible for acting as the second line of defense for the firm’s treasury activities. The team’s initial focus is to review and challenge the liquidity adequacy, modeling and monitoring performed by the first line teams with future expansion into all financial risks managed by the Treasury team. The role involves a diverse range of risk management responsibilities and provides exposure to individuals in treasury, other risk teams, Global Markets and senior management.

 

Role description:

This is for an experienced position to act as a Liquidity Risk Manager providing 2nd line oversight of the Treasury function from within the Risk Management team. It will involve the following responsibilities, amongst others:

  • Contribute to global development of a 2nd line framework for oversight of liquidity risks.
  • Identify and implement potential improvements in the Risk Framework management of the treasury desks. Ensure policies and procedures are in line with best practice.
  • Review and ensure appropriateness of available funding and liquidity resources and plans in line with business strategies. Analyse stress scenarios and challenge liquidity adequacy.
  • Review and challenge risk appetite and limit proposals. Ensure limits and controls in place are robust and support risk appetite compliance
  • Identify areas of enhancement within the existing liquidity model framework and assess conceptual soundness of models and assumptions.
  • Challenge explanations for changes in reported data (e.g. for limit consumptions and forecast) and escalate breaches of risk appetite.
  • Represent local Risk function in related committees (e.g. regional entity ALCO, risk sub committees)

 

Key objectives critical to success:

  • Good prioritization skills and a strong work ethic
  • Takes initiative, and is a proactive and independent worker
  • Details and process orientated
  • Strong communication skills to articulate requirements and concerns.
  • Strong analytical skills to recognize/investigate significant issues

 

Skills, experience, qualifications and knowledge required:

  • 5+ years of experience working for a financial services firm preferably in liquidity risk management or other relevant treasury function in 1st or 2nd line of defense.
  • Degree in Finance/ Accounting/ Risk Management/ Financial Mathematics, or related quantitative fields
  • Knowledge of market and liquidity risk management methodologies
  • Working knowledge of regulatory expectation and street wide best practice with regards to 2nd line management of Treasury desks

 

*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