VP, Hedge Fund Credit Risk Analyst

Nomura; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

Nomura in Hong Kong is seeking a Vice President, Hedge Fund Credit Risk Analyst to manage credit exposure to Hedge Fund and Private Equity fund counterparties in Asia ex-Japan. The role requires strong knowledge of hedge fund products and delegated credit approval authority.

Based in Hong Kong, you will work within Nomura's Risk Management division, collaborating with Front Office Risk and other teams to uphold risk controls and drive credit decisions.

Qualifications

• 7+ years of experience as a credit analyst covering Hedge Funds or alternative investment funds, or as a Credit Quant in an investment bank.
• Strong quantitative skills with ability to interpret complex risk metrics (IA, VaR, stressed exposure) for informed credit decisions.
• Comprehensive understanding of portfolio trade risks and hedge fund strategies.
• Bachelor's Degree from an accredited university or equivalent experience.
• Strong communication and stakeholder management skills.

Responsibilities

• Conduct due diligence including collection and analysis of requisite DD material and client visits or calls.
• Analyze hedge fund trading strategies, risk management frameworks, performance metrics, operational controls and governance structures to produce high-quality credit assessments.
• Define credit terms and covenants for legal documentation including Prime Brokerage agreements, ISDA/CSA, and GMRA.
• Provide daily trade approvals in coordination with other risk teams and establish appropriate margining requirements.
• Perform ongoing monitoring of hedge funds including NAV and performance tracking.
• Investigate credit limit breaches by liaising with Sales, Operations and Credit Risk Analytics teams, determine root causes and escalate as per Credit Policies.
• Collaborate with Front Office Risk and other risk functions to understand stress loss scenarios and recommend appropriate credit actions when risk appetite thresholds are exceeded.

Skills

Credit risk analysis

Hedge funds

Quantitative skills

Stakeholder management

Education

Bachelor's degree

Job description

Company Overview

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

Company Overview

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

Job Title

Hedge Fund Credit Risk Analyst

Corporate Title

Vice President

Division

Risk Management

Location

Hong Kong

Licensed Role

No

Department Overview

Nomura's Risk department manages and mitigates risks associated with the company's business activities. The department collaborates with senior leadership, business units, and stakeholders to develop and implement effective risk management strategies, providing guidance on market, credit, operational, and other risks. Nomura's Risk team specializes in risk modeling, stress testing, analytics, and reporting to align the company's risk profile with its business objectives. The team has a strong track record and reputation for exceptional service to clients. With a commitment to innovation and global reach, Nomura's Risk department is well-positioned to continue driving growth and success in the financial industry.

Role Description

This is a credit risk analyst role based in Hong Kong that manages credit exposure to Hedge Fund (HF) and Private Equity (PE) funds counterparties located in Asia ex-Japan(AeJ). Strong knowledge of hedge fund product trades including Prime Brokerage, Securities Financing Transactions (SFT) and OTC derivative trades is essential. The role carries delegated credit approval authority and reports to Regional Head of Hedge Fund

Responsibilities

• Conduct due diligence (DD) including collection and analysis of requisite DD material and client visits or calls
• Analyze hedge fund trading strategies, risk management frameworks, performance metrics, operational controls and governance structures to produce high-quality credit assessments
• Define credit terms and covenants for legal documentation including Prime Brokerage agreements, ISDA/CSA, and GMRA
• Provide daily trade approvals in coordination with other risk teams and establish appropriate margining requirements
• Perform ongoing monitoring of hedge funds including NAV and performance tracking
• Investigate credit limit breaches by liaising with Sales, Operations and Credit Risk Analytics teams, determine root causes and elevate as per Credit Policies
• Collaborate with Front Office Risk and other risk functions to understand stress loss scenarios and recommend appropriate credit actions when risk appetite thresholds are exceeded

Requirements

• 7+ years of experience as a credit analyst covering Hedge Funds or alternative investment funds, or as a Credit Quant in an investment bank
• Strong quantitative skills with ability to interpret complex risk metrics (Independent Amount IA calculation methodologies, VaR, stressed exposure, etc.) for informed credit decision-making
• Comprehensive understanding of portfolio trade risks and hedge fund strategies
• Bachelor's Degree from an accredited university or equivalent experience
• Strong communication and stakeholder management skills

Nomura Leadership Behaviours

• 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 : Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

Disclaimer

This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer