Nomura India | RSK-Market Risk

Responsibilities

• As a dedicated risk manager for the Rates Structured and Exotics business areas, the candidate will be responsible for managing the following.
• Partnering with the risk managers in the trading centers as senior escalation point, setting & challenging risk strategies.
• Daily analysis and interpretation of risk sensitivities and stress tests, including vega surface, skew and correlation risks.
• Ownership of risk reports for traders and senior business management.
• Ownership of the limit framework, including limit levels and resolution of limit excesses.
• Preparation of reports and escalation to senior management.
• Ad-hoc risk views and drill down analysis of less transparent risks, including model reliance and unhedgeable risks.
• Review and challenge of new and bespoke structured trades with Quants and Risk Methodology.
• Supervision of junior risk managers and global collaboration across London, New York and Tokyo.
• Re-engineering of the risk reporting process including interactions with Risk and front Office technology personnel to drive improvements.
• The Risk Manager will need to understand the traded products in these asset classes, factors influencing markets and their implications for risk management decisions.
• In particular, we are looking for candidates with knowledge of Rates derivatives, with depth in exotic and structured payoffs, and exposure to flow and structured fixed income desks.

Requirements

• Good knowledge of Financial Products (especially derivatives including exotic and structured payoffs), Financial Markets, Economics.
• Understanding of option greeks and higher-order sensitivities (vega surface, skew, convexity, cross-gamma, correlation).
• Working knowledge of derivatives pricing models, calibration and their limitations.
• Background in a numerical discipline: engineering; math; science; etc.
• Understanding of risk sensitivities and VaR/Economic Capital.
• Strong analytical, quantitative and technical abilities.
• Ability to challenge and influence traders and senior stakeholders, and hold a position under pressure.
• Strong communication skills (oral and written).
• Masters (MBA preferred) from a tier-1 institution
• Proficiency in Microsoft Excel
• Experience: 7 to 10 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