Nomura India | Risk Management

Responsibilities

• The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm.
• The division is responsible for effectively managing the firm's risk-return profile which ensures the efficient deployment of the firm's capital.
• Business Analyst with 5 to 8 years of relevant experience in the Risk domain, particularly Counterparty Credit Risk.
• Working as a business analyst and project manager in Credit Risk Change projects in International Change and work with local and regional stakeholders to deliver on the project book of work.
• Independently manage medium to large projects through the lifecycle and prepare business analysis documents proficiently (business requirement documents, functional specifications, data matrix, workflow diagrams etc.).
• Run test management processes for medium to large scale projects (Test Strategy/Approach documentation, managing User Acceptance Testing, building test plans and test scenarios, building implementation plans.).
• Ability to plan the project delivery milestones (L0/L1 planning) and prepare project reports (weekly project update, monthly status update, highlighting risks, issues and their mitigation steps).
• Assist stakeholder businesses with their tactical/strategic solution requirements, services and/or program.
• Must be able to work with Technology, Risk Management, Risk Middle Office, and Front Office to identify and maximize opportunities that help in delivery of projects and to improve product, service and program business processes.
• Analyse complex risk data flows, calculation engines, and reporting processes to identify gaps and architect robust solutions aligned with enterprise risk appetite.
• Execute projects in adherence with the Nomura governance standards delivering well defined business outcomes.
• Translating business requirements into technical specifications for risk platforms, coordinate system integrations with stakeholders.
• Maintaining cutting-edge regulatory knowledge, conduct industry benchmarking, and drive continuous improvement through feedback loops and best practice implementation.

Requirements

• Strong understanding of capital market products and derivatives across asset classes.
• Good educational pedigree and domain certifications (MBA, FRM, CFA, CQF etc.).
• Good knowledge of the Counterparty Credit Risk domain with project experience in areas like computation of risk measures/exposures (PD, LGD, EAD, PFE, EEPE, VaR, RWA etc.), management of risk limits, risk reporting etc.
• Skilled in performing data analysis and understanding data models for computation of risk measures.
• Good understanding of the Basel norms, particularly the capital requirements for Credit and CVA risks.
• Ability to operate in both agile and waterfall style project methodologies and understand deliverables required for each methodology.
• Attention to detail and high-quality standards of documentation, processes and control environment.
• Experience in the full E2E systems delivery lifecycle (SDLC).
• Detailed knowledge of all Microsoft Office products, i.e. Word, Excel, Power Point, Project and Visio.
• Excellent communication, organization, prioritisation and documentation skills.
• Ability to identify any inefficiencies in processes and suggest ideas for automation and/or operating model changes.
• Proficiency in database, virtualization and BI solutions – SQL, Python, Dremio, PowerBI, Alteryx, Tableau etc.
• Excellent and demonstrable understanding of “best practice” approaches to functional testing especially User Acceptance Testing.
• Must have the ability to work with a team, learn and train people on various subjects, structure the project governance model and work together with regional counterparts to devise induction framework for all the resources entering the project.
• Experience: 2 - 8 years

Nomura

Nomura is a Japanese financial services group, founded in 1925 and headquartered in Tokyo, with a network spanning around 30 countries and regions. Its business is organised into four divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

In India, Nomura Services India in Powai, Mumbai supports the group's global businesses with teams in financial control and reporting, risk management, operations, research, trading support, compliance, legal and technology. Roles in financial control, product control, regulatory reporting, risk, audit and operations there suit chartered accountants, ACCA and CFA professionals and MBA (Finance) graduates.

• Industry: Global investment banking and financial services
• Headquarters: Tokyo, Japan (Nomura Holdings, Inc.)
• In India: Nomura Services India in Powai, Mumbai, a large centre supporting the group's businesses worldwide, with further offices in Mumbai and Gurugram