Credit Risk - Financial Institutions

Nomura Holdings, inc. • New York, NY

6d

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 complex/structured transactions. Presenting Credit Risk recommendation to senior Risk Management and to Transaction Committees
Structuring trading terms in conjunction with other areas including Global Markets, Legal, Finance and Middle Office
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

Other Responsibilities:

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
Mentoring the junior members of the team and implementing team level initiatives

Skills, experience, qualifications and knowledge required:

7+ years of Credit Risk experience covering Financial Institutions
Strong familiarity with financial statement analysis and credit risk metrics
Strong understanding of traded products in the Fixed Income and Equities spaces, including prior experience in covering Securitized Products (RMBS/CMBS)
Experience in covering Insurance Companies, including strong understanding of insurance underwriting guidelines and industry regulations
Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)
Nomura Leadership Behaviors

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).

Requirements

• 7+ years of Credit Risk experience covering Financial Institutions
• Strong familiarity with financial statement analysis and credit risk metrics
• Strong understanding of traded products in the Fixed Income and Equities spaces, including prior experience in covering Securitized Products (RMBS/CMBS)
• Experience in covering Insurance Companies, including strong understanding of insurance underwriting guidelines and industry regulations
• Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)

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 complex/structured transactions. Presenting Credit Risk recommendation to senior Risk Management and to Transaction Committees
• Structuring trading terms in conjunction with other areas including Global Markets, Legal, Finance and Middle Office
• 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
• 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
• Mentoring the junior members of the team and implementing team level initiatives

Benefits

• 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)

What This Job Offers

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