Credit Risk Associate / AVP - Hedge Funds, PE & Family Offices

Nomura Services; Mumbai; Hybrid; INR 1.500.000 - 2.700.000; Vollzeit

Zusammenfassung

Nomura Services in Mumbai is seeking a senior Credit Analyst to manage portfolios of Hedge Funds and Private Equity Funds for EMEA/AEJ CRM. You will oversee ratings, limits and exposure monitoring, and perform due diligence with clients.

You will build data analytics and portfolio tools, interact with Clients, Traders, Operations, Legal and Risk teams, and participate in risk monitoring and reporting to senior management.

Qualifikationen

• Professional degrees such as CA (Rank holder or 1st Attempt), MBA or CFA preferred.
• Others with CRM experience are acceptable if relevant.
• 6–12 years in CRM or rating assignments; hedge fund analysis experience a plus.

Aufgaben

• Undertake Due Diligence calls with clients to collect credit information for detailed analysis.
• Conduct in-depth credit research and write high-quality Credit Memos to assign ratings and margin tiers.
• Prescribe credit terms and covenants for legal documents.
• Analyze and support trade approvals with Financing Risk and obtain IA/Initial Margin numbers.
• Investigate limit breaches with Sales/Operations and align with Credit Policies.
• Design automated reports and workflows for Hedge Funds team; highlight elevated risk clients.
• Build data processes and models in Python/Alteryx to minimize manual effort.
• Monitor NAV/Performance data monthly and flag deteriorations; interact with HF managers.
• Contribute to Risk Change agenda and participate in regulatory/audit assessments.

Kenntnisse

Due Diligence

Credit Analysis

Credit Memos

Python

SQL

VBA

Alteryx

Power BI

Risk Monitoring

Portfolio Management

Communication Skills

Ausbildung

CA

MBA

CFA

Tools

Alteryx

Power BI

Python

SQL

Jobbeschreibung

Business Unit Overview:

Credit Risk Management (CRM) is an independent risk oversight function, reporting to the Global Chief Risk Officer (CRO). Its mandate is to manage the risk of loss arising from an obligor or counterpartys default, insolvency or administrative proceeding, which results in the obligors failure to meet its contractual obligations in accordance with agreed terms.

The process for managing credit risk at Nomura includes:

• Evaluation of likelihood that a counterparty defaults on its payments and obligations;
• Assignment of internal ratings to all active counterparties;
• Approval of extensions of credit and establishment of credit limits;
• Measurement, monitoring and management of Nomuras current and potential future credit exposures;
• Setting credit terms in legal documentation, including margin terms; and
• Use of appropriate credit risk mitigants, including netting, collateral and hedging

Role & responsibilities

As a credit Analyst, you will be responsible for managing portfolio of EMEA/AEJ based Hedge Funds and Private Equity Funds. In this role you will be responsible for managing all aspects of the portfolio, including Ratings, Limits and exposure monitoring, monitoring early warning indicators, stress testing etc. In addition, you will support the build out of specialized data analytics and portfolio tools and actively participate in the risk monitoring of the portfolio. The position requires you to frequently interact with Clients, Traders, Operations, Legal and other teams in Risk Management, and where necessary escape credit concerns to senior management.

Credit Officers responsibility for a portfolio of Counterparties within the global Hedge Fund team, primarily includes coverage for Hedge Funds (HF) and Private Equity Fund (PE).

Daily responsibilities include:

• Undertake Due Diligence (DD) calls with clients. Collect credit information necessary for conducting detailed credit analysis.
• Conduct in-depth credit research and credit analysis and write high quality Credit Memos, to assign internal credit rating, appetite and margin tiers for clients.
• Prescribe credit terms and covenants for legal documents.
• Analyze and support trade approvals by liaising with the Financing Risk team and obtain Independent Amount (IA) or Initial Margin numbers for such trades.
• Investigate credit limit breaches by speaking to Sales, Operations and Credit Risk Analytics team, determine the cause and escape as per Credit Policies.
• Design automated reports and implement process workflows for the Hedge Funds team to assist in the monitoring of this specialized portfolio, including highlighting hedge fund clients with elevated levels of risks based on client information (risk/ performance), market indicators, early warning indicators and credit exposure.
• Build data processes and implement models in Python/ Alteryx to minimize manual effort and enable analysts to effectively and efficiently manage their portfolios.
• Monitor the portfolio by reviewing and updating NAV and Performance data for Hedge Funds on a monthly basis. Follow up with HF Managers and flag any clients with deteriorating NAV/Performance metrics
• Contribute to the firms Risk Change agenda and participate in regulatory and audit assessments.

Participating in global projects and initiatives for example: the development of scorecards, preparing

credit updates for senior management, suggesting system and process improvements via automation, participating in Global Sector Forums etc.

Preferred candidate profile

Professional degree holders such as CAs (Rank holder or 1st Attempt pass), MBAs from reputed institutes or CFA. Other post graduate degrees will be acceptable, if accompanied by relevant CRM experience

6- 12 years prior experience in CRM or Rating assignments, working in any sector. Prior experience in the Hedge Fund Analysis will be an added advantage

Excellent verbal and written communication skills, especially report writing skills and the ability to independently lead global calls

Strong analytical ability, with an eye for detail and the ability to identify emerging risks

The ability to be a self-starter, have proactive approach to resolving issues and the willingness to learn

Proficiency in Microsoft Word, Excel and PowerPoint is a must, any additional technical knowledge will be an added advantage

Prior experience in managing a Hedge Funds portfolio

Experience in appetite setting, limit setting and monitoring, setting legal documentation terms

Strong coding skills in Python, SQL, VBA, Alteryx, Power BI

Good understanding of products traded by Investment Banks, legal agreements etc.