Nomura India
Nomura India | RSK-Credit Risk
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Job Highlights
About the team
The Credit Risk Reporting Team integral is part of the overarching Credit Risk Management. CRR has responsibility to monitor and report on counterparty exposures impacting Capital and Limits, governance around credit limit utilisations and risk reporting for various Senior Risk Management, KSMMs, Business and Regulatory reporting. CRR works closely with various teams within Credit Risk Management and mainly looks after preparation of reports for operational & regulatory reporting, KSMMs and other senior Risk Management committee packs.
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.
- The team is responsible for development & publication of such reports & committee packs.
- The team is expected to review the reporting materials, challenge the content as well as provide subjective risk analysis of various risk metrics basis defined variance thresholds.
- The team gets closely involved in various changes projects relating to Credit Risk Model maintenance, Risk engines, during introduction or enhancements to various exposures/ metrics, new legal entities, Model / valuation function release testing and change adoption.
- The team is also responsible for various regulatory capital calculation and sign off process for various regions from risk management aspects.
- Prioritize and manage book of work to ensure all internal and external deadlines are met for all regions, responsible to deliver all credit risk reporting requirements for all of Nomura’s regional sites.
- Provision of ad-hoc and portfolio reporting to support Risk Management, Business, Regulators e.g. Country Risk / WWR / Stress testing / Loans / CCP / Sector Concentration.
- To provide in-depth risk exposure analytics & commentary and drive solutions on Reporting queries; expertise on various credit risk metrics – EE, LEQ, Country, PFE, Collateral, CE, SCE, WWR, etc.
- Support for Chief Risk Officers, Global Head & Regional Head of Credit, COO Risk and work with Country, Portfolio Analytics & Internal Rating teams to drive changes as per regulatory or BCBS-239 requirements.
- Liaison with Risk Middle Office Leads on infrastructure & model changes and point of contact to liaise with cross-divisional initiatives e.g. Market Risk / Finance / CRA / Internal Audit.
- MI Change initiatives: to deliver Single Platform Reporting capability and automation of existing reports.
- Design and implementation of new reporting requirements during Fire drill / Stress Reporting / Crisis Management e.g. Nomura’s exposure to the Oil Industry or Exposure analytics during Covid.
- Improving Reporting Governance architecture, bridging with Internal Audit / Ops Risk, provision of robust RCSAs, management of adjustments and EUCs.
- Maintain proper documentation of all the processes including any ad-hoc assignments.
- Automate report generations, enhance data quality workflows using in house tools and AI.
Requirements
- Good understanding of Financial Products for e.g. OTC Derivatives, SFT, etc.
- Knowledge of different exposure measures such as MTM / PE / EPE /.
- Self-motivated, logical thinking, good interpersonal skills and demonstrate ability to form successful working relationships.
- Delivery focused with the ability to work well under pressure and meet deadlines under compressed timescales.
- Proficiency in business analysis and operational activities.
- Experience working with various stakeholders including business, IT, and change management teams.
- Advanced skills in PowerPoint and Excel together with SQL and Python (Object Oriented programming).
- Experience with data visualisation tools like Power BI / Tableau.
- Some experience in new age AI tools and solutions.
- Knowledge ISDA, CSA, Netting Set
- Experience: 3 – 7 Years
About the company
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.
