Credit Risk - FI and Regulated Funds Analyst

Nomura Holdings, inc.•New York, NY

7d•$100,000 - $145,000

About The Position

Credit Risk Management (CRM), as the second line of defense, is a key function in protecting and making sure that we take prudent risk for Nomura. The group evaluates transactions and approves, rejects, or modifies them depending on the credit quality of each counterparty and structure. The department also assigns internal credit ratings, and establishes and manages credit risk limits in accordance with the risk tolerance. This role will sit in the Americas Financial Institutions and Regulated Funds Credit Team. It will report to the Head of Americas Financial Institutions and Regulated Funds Credit Team. The Credit Officer would be responsible for the coverage of a portfolio of Financial Institutions and regulated funds counterparties Primary responsibilities for this role include: Credit Risk Analysis, both quantitative and qualitative, across Brokers, Regulated Funds, Asset Managers and other Financial Institutions New client approvals, including setting credit appetite, limits and rating, performing due diligence calls/ visits, drafting/ negotiating credit terms for legal documentation Implementing and managing credit limits in accordance with risk appetite, including adherence to the Global Credit Limit Management Policy Analyzing economic, market, regulatory, industry events/developments and assessing their impact on the portfolio. Reporting any relevant events to the Americas Head of Financial Institutions and Reg. Funds and other relevant senior risk management Managing counterparty risk exposure, including transaction assessment and trade approval with a focus on Cash and Derivative products. This includes liaising with front office personnel, reviewing and approving new transactions and agreeing on trading terms Ensuring adherence to Credit Risk limits, including Single Name limits, Country limits and counterparty specific limits, escalating breaches to relevant senior risk management when necessary Proactively identifying and monitoring exposure concentrations, identifying risk mitigating actions and escalating/updating to Risk senior management as appropriate Identifying, monitoring and escalating trade settlement fails and recommending appropriate risk management actions Analyzing and interpreting the stress testing results and take actions as appropriate at counterparty, country and/or industry level Other Responsibilities: Supporting the integration of Nomura’s credit risk management framework across all its legal entities Leading and contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements Implementing team level initiatives

Requirements

3 to 5 years of Credit Risk experience covering Brokers, Regulated Funds, Asset Managers and other Financial Institutions
Strong understanding of Cash Equity Products
Strong familiarity with financial statement analysis and credit risk metrics
Background in trading products in the Equities and Fixed-Income spaces
Prior experience in dealing with Front Office stakeholders
Comfortable interacting with senior management, communicating within Risk Management as well as the relevant business areas
Ability to be a self-starter, working without supervision and managing multiple stakeholder expectations

Responsibilities

Credit Risk Analysis, both quantitative and qualitative, across Brokers, Regulated Funds, Asset Managers and other Financial Institutions
New client approvals, including setting credit appetite, limits and rating, performing due diligence calls/ visits, drafting/ negotiating credit terms for legal documentation
Implementing and managing credit limits in accordance with risk appetite, including adherence to the Global Credit Limit Management Policy
Analyzing economic, market, regulatory, industry events/developments and assessing their impact on the portfolio. Reporting any relevant events to the Americas Head of Financial Institutions and Reg. Funds and other relevant senior risk management
Managing counterparty risk exposure, including transaction assessment and trade approval with a focus on Cash and Derivative products. This includes liaising with front office personnel, reviewing and approving new transactions and agreeing on trading terms
Ensuring adherence to Credit Risk limits, including Single Name limits, Country limits and counterparty specific limits, escalating breaches to relevant senior risk management when necessary
Proactively identifying and monitoring exposure concentrations, identifying risk mitigating actions and escalating/updating to Risk senior management as appropriate
Identifying, monitoring and escalating trade settlement fails and recommending appropriate risk management actions
Analyzing and interpreting the stress testing results and take actions as appropriate at counterparty, country and/or industry level
Supporting the integration of Nomura’s credit risk management framework across all its legal entities
Leading and contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements
Implementing team level initiatives