GM-Risk

Nomura Holdings, inc.; Mumbai; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Nomura is seeking an Associate in Mumbai to support Global Markets risk management. The role involves monitoring credit and equity risks, engaging with regional risk desks, and producing a consolidated view of nominal risk exposures.

The ideal candidate has 1–5 years of experience in risk management, strong analytical abilities, and proficiency with Power BI. Fluency in business English and effective communication with traders are essential.

Qualifications

• Experience in a Risk Management role on EQ or Credit would be preferred.
• Strong analytical skills and experience with Power BI.
• Good communication skills for interaction with traders and support functions.
• Language capability: English at Business level.

Responsibilities

• Monitor and manage risk within the Credit and EQ business of AEJ Global Markets.
• Engage in dialogue with Regional FO risk desk and trading desks across APAC.
• Collaborate with Global FO Risk to produce integrated view of Nomura’s financial risks.
• Ensure all GM risks are identified, understood, and monitored daily.
• Provide analysis and recommendations around trading desk risks across regions.

Skills

Power BI

Python

VBA

Tableau

Education

BTech/BE

MSc

MBA Finance

Job description

Job Description:

Nomura Overview

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 optimisation 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.
• Monitoring key client exposures versus firms risk appetite.
• 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 /MBA Finance from a top school in India
• Requisition No.: 12401

Role & Responsibilities

• Monitor and help manage the risk within the Credit and EQ business of AEJ Global market
• Engage in regular dialogue with Regional FO risk desk, trading desks and 2nd line around current risks, markets, etc. in APAC Regions
• Work with Global FO Risk team to produce globally integrated view of Nomura’s Financial Risks
• Ensure all risks taken within GM are identified, understood, measured, monitored daily
• Provide analysis and recommendations around trading desk risks in all regions and challenge where necessary

Mind Set

Mandatory

Domain

• Experience in a Risk Management role on EQ or Credit side would be preferred
• 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

Technical

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

Desired

• Prior trading or risk management experience on EQ or credit side, recently or in the past, would be preferred but is not a deal breaker

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).