Front Office Risk Manager, Executive Director

Nomura Holdings, inc.•New York, NY

75d

About The Position

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. The Front Office Risk team is responsible for the implementation of effective First Line of Defense Economic Risk Management within Wholesale. The team covers the economic risk of all Global Markets businesses in the region, including Flow and Structured Rates (including Agency Mortgages), Equity Products, and Securitized Products. This role is for a senior level professional to join the team covering the US business. The Risk Manager will oversee all significant financial risks (notably Market and Counterparty) across all products, as well as lead and execute key enhancements to the risk platform. The role requires quantitative and qualitative analysis on material positions and risk, working closely with Trading Desks and other stakeholders in evaluating and making decisions on these risks.

Requirements

Strong problem-solving and quantitative skills + good knowledge of statistics and financial models.
Self-starter, extremely proactive, very detailed, can-do approach, intellectually inquisitive.
Leadership skills able to create and work to a clear plan/target state and manage/direct others.
Strong team player with a very positive attitude and exemplary work ethic.
Excellent verbal and written communication skills.
Detail-oriented problem-solving approach with strong desire to get things done.
7+ years of Financial Markets experience in Trading, Risk Management or related quantitative areas (for Executive Director level).
3+ years of Financial Markets experience in Trading, Risk Management or related quantitative areas (for Vice President level).

Nice To Haves

Preferably Graduate degree in quantitative field.
Programming skills desirable such as VBA, Python, MatLab, etc.

Responsibilities

Play a leading role in ensuring all key risks in US Global Markets business lines are identified, assessed, quantified where possible, monitored, and escalated where needed for senior decisions.
Monitor and review risk profiles, market activity and key flashpoints in Trading Desk and Counterparty portfolios. Understand and articulate the most significant risks and the factors driving performance.
Conduct regular analysis using techniques like Stress testing, Concentration/Liquidity assessment, P&L Attribution, VaR, etc. and produce appropriate assessments and recommendations.
Where necessary, challenge Traders and Risk-takers around the risk profile and positions.
Play a leading role in driving the development of our risk platform including stress/scenario analysis, risk tools and new approaches to analyzing risk.
Work closely and communicate effectively with the team, Corporate Risk, Traders, Global Markets management and Corporate control functions.