Credit Risk - Financial Institutions

Nomura Holdings, inc. • New York, NY

6d • $105,000 - $120,000

About The Position

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.
Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitorsDepartment Overview:
Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.
Role Description:
Credit Officer will cover a portfolio in the Financial Institutions sector across North America and Latam, main responsibilities include:

Credit Risk Analysis, both quantitative and qualitative, across Commercial Banks, Broker-Dealers, Insurance Companies, CCP’s, Mortgage Originators and Mortgage REITS
Assigning internal credit ratings and limits, monitoring exposure usage for any limit breaches and recommending corrective actions
Approval of daily trade requests for products including Derivatives (FX, Rates, Equities, Credit), Repo, Stock Lending, MBS etc.
Analysis of ad-hoc deal-specific transactions. Presenting Credit Risk recommendation to senior Risk Management
Tracking developments related to regulatory, Industry, Counterparty, external ratings and taking appropriate actions
Leading Counterparty due diligence via calls as well as in-person visits
Conduct periodic portfolio reviews for sectors within the Financial Institutions space

Contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements

Requirements

• 3+ years of Credit Risk experience covering Financial Institutions
• Strong familiarity with financial statement analysis and credit risk metrics
• Background in trading products in the Fixed Income and Equities spaces
• Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)
• Comfortable interacting with senior management, communicating within Risk Management as well as the relevant business areas.

Responsibilities

• Credit Risk Analysis, both quantitative and qualitative, across Commercial Banks, Broker-Dealers, Insurance Companies, CCP’s, Mortgage Originators and Mortgage REITS
• Assigning internal credit ratings and limits, monitoring exposure usage for any limit breaches and recommending corrective actions
• Approval of daily trade requests for products including Derivatives (FX, Rates, Equities, Credit), Repo, Stock Lending, MBS etc.
• Analysis of ad-hoc deal-specific transactions. Presenting Credit Risk recommendation to senior Risk Management
• Tracking developments related to regulatory, Industry, Counterparty, external ratings and taking appropriate actions
• Leading Counterparty due diligence via calls as well as in-person visits
• Conduct periodic portfolio reviews for sectors within the Financial Institutions space
• Contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed