RSK-Credit Risk

Nomura Holdings, Inc.; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Nomura Holdings, Inc. in Mumbai seeks an Associate in Risk Infrastructure to oversee data management and quality for Market risk data. You will design data quality controls, monitor metrics, and collaborate with Market risk teams to meet regulatory requirements such as FRTB and Basel 2.5.

The role blends business and technical work, requiring SQL, Python and ETL experience, 4–6 years in financial services, and strong problem-solving and communication skills.

Qualifications

• 3–6 years experience in data management, preferably in financial services.
• Strong understanding of Market risk concepts and metrics like FRTB, Basel 2.5
• Experience with ETL processes and data quality management
• Knowledge of data governance principles
• Strong problem-solving and analytical skills
• Strong communication abilities to work with stakeholders
• Understanding of Basel regulations and BCBS 239 principles

Responsibilities

• Data Management & Quality
• Design and implement data quality frameworks and controls for Market risk data
• Monitor data quality metrics and create regular reports on data integrity
• Lead data quality issue resolution and manage escalation processes
• Develop and maintain data quality dashboards
• Partner with Market risk teams to understand data requirements
• Ensure compliance with regulatory data requirements like FRTB, Basel 2.5
• Maintain data governance standards for Market risk
• Technical Skills: Basic to intermediary knowledge of SQL, Python

Skills

Market risk concepts

Data management

Data quality

Problem solving

Analytical skills

Stakeholder management

Communication abilities

Credit risk principles

Education

BE/B.Tech/ Masters/ MBA in Finance

Tools

SQL

Python

Alteryx

Job description

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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 .

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.

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.

Business Unit Overview

Risk Infrastructure is responsible for the overall governance and support of the firm’s Financial Risk platform. This includes activities like Input Data Management and Control, Capital Assurance for Market Risk, Risk Limit Management and Risk Reporting. In addition they assist Risk Managers (RM) in resolving data issues where necessary and take corrective actions. RI also drives data management strategy for Risk and helps develop data architectures that are flexible and scalable to meet new regulatory requirements.

The team ensures relationships between range of reference data, Trade attributes, instrument and transaction data are not broken. Whilst input data is validated; reported data is reconciled.

Drives data management strategy for Risk and helps develop data architectures

Provide ad-hoc risk views and drill down analysis of less transparent risks and issues of

Importance to senior Risk Management/Trading Heads

The candidate must have a strong background in visual data delivery; interactive design and SQL with a passion for re imagine/ design.

Corporate Title

Associate

Functional title

Associate

Experience

4-6 yrs

Qualification

BE/B.Tech/ Masters/ MBA in Finance

IT Skills

SQL, Python, Alteryx

This is a business plus technical role. Roles and responsibilities are defined below

Key Responsibilities

• Data Management & Quality
• Design and implement data quality frameworks and controls for Market risk data
• Monitor data quality metrics and create regular reports on data integrity
• Lead data quality issue resolution and manage escalation processesDevelop and maintain data quality dashboards
• Partner with Market risk teams to understand data requirements
• Ensure compliance with regulatory data requirements like FRTB, Basel 2.5
• Maintain data governance standards for Market risk
• Technical Skills
• Basic to intermediary knowledge of SQL, Python

Create and Modify Python scripts for complex data transformations and joins

Skills

Mandatory

Domain

• 3 to 6 years experience in data management, preferably in financial services
• Strong understanding of Market risk concepts and metrics like FRTB, Basel 2.5
• Experience with ETL processes and data quality management
• Knowledge of data governance principles
• Strong problem-solving and analytical skills
• Strong communication abilities to work with stakeholders
• Understanding of credit risk principles
• Problem-solving and analytical thinking
• Project management capabilities
• Ability to translate business requirements into technical solutions
• Knowledge of Basel regulations
  Understanding of BCBS 239 principles

Technical

• Basic SQL & Python Knowledge. To be able to run or Modify SQL/Python queries
• Experience in stakeholder management
• Previous experience in financial services industry
• Knowledge of regulatory reporting requirements

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, colour, 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).