Global Markets – Front Office Risk(Tech Role) - Associate

Nomura; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Nomura in Mumbai seeks an Associate for Front Office Risk to monitor and automate daily risk and PnL analytics, and to develop Power BI dashboards for enhanced visibility into risk, PnL, and capital resources.

The role requires 1–5 years in risk, a BTech/BE/MSc from a top Indian school, strong programming and analytical skills, and proficient business English. You will work with traders and support teams in a dynamic global environment.

Qualifications

• Monitoring and enhancing existing automation for daily/weekly/monthly risk and P&L analysis.
• Preparing Power BI dashboards to monitor risk, PnL and capital resources.

Responsibilities

• Monitor and enhance daily/weekly/monthly risk and P&L analysis.
• Prepare Power BI dashboards to monitor risk, PnL, and capital resources.
• Automate new processes to drill down into risk and market moves.
• Ensure all risks taken within GM are identified, understood, measured, and monitored daily.

Skills

Strong programming skills

Analytical skills

English (Business level)

Communication skills

Education

BTech/BE/MSc from a top Indian school

Tools

Power BI

Tableau

Python

VBA

Job description

Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and 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.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations across four international regions.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Division Overview:

Global Markets Division: Based in Mumbai, the front-office team which works on a team extension model delivers pricing, modelling and risk management expertise to the Global Markets business. Founded as a centre of excellence, the group leads the way in price discovery and portfolio optimization techniques and is integral to the business’ aggressive revenue targets. The team is playing an integral role in structuring, pricing, risk management and new idea generation.

Business Unit Overview:

Nomura’s Front Office Risk team covers various gamut of Risk and capital Management activities for the Global Markets business globally. The team works directly with Heads of global markets (Global and regionally) with the Powai team reporting into the Global head of FO Risk based in NY. Team roles can be divided into three main categories:

• Daily analysis of GM’s Risks and PnL and identifying potentially toxic risks and PnL drivers.
• Assessing potential impact of upcoming economic events and running stress scenarios for the same to estimate potential economic impact on Nomura portfolios.
• Discussing Market Views and Positioning rationale with traders, assessing cross correlation across various asset classes and updating senior management on portfolio exposures.
• Capital Analysis and Planning: Analyse usage of financial resources across GM and identify ways to optimize the returns on financial resources for the business

Position Specifications:

Corporate Title: Associate

Functional Title: Associate

Experience: 1-5years

Qualification: BTech /BE /MSc from a top school in India

Role & Responsibilities:

• Monitoring and enhancing existing automation done for daily/weekly/monthly risk and P&L anaylsis
• Preparing Power BI dashboards to enhance the capability to monitor risk/PnL/Capital resources in effective way
• Automation of any new process which helps in drill down of risk, market moves efficiently
• Ensure all risks taken within GM are identified, understood, measured, monitored daily

Mind Set:

Domain

• Strong programming skills to be able to set-up and automate reporting and monitoring processes
• Strong analytical skills and experience of Power BI platform.
• The person should have good communication skill as the job will involve a permanent interaction with the traders and all the support functions.
• Language capability: English at Business level
• Basic financial risk and product knowledge

Technical

Python / VBA / Dashboarding tools like Power BI / Tableau is also a plus but not a compulsory requirement

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).