Credit Exposure Management

Nomura Holdings, Inc.; New York (NY); On-site; USD 150,000 - 185,000; Full time

Job summary

Nomura Holdings, Inc. in New York seeks a VP for Credit Exposure Management to oversee risk identification and mitigation across financing and derivative portfolios. You will coordinate with Prime Brokerage, Front Office and other risk teams to keep exposures within firm risk appetite and collateralize as needed.

The role focuses on Prime Brokerage and Financing, with extended risk analytics for fixed income derivatives, requiring strong market risk acumen and collaboration across multiple teams.

Qualifications

• At least five years of experience in Prime Brokerage and/or Equities coverage in a Market Risk role.
• Broad knowledge of a range of asset classes and their derivatives with in depth knowledge of equities.
• Excellent Presentation and communication skills.
• MS Excel to expert level.
• Ability to work independently and drive for success.

Responsibilities

• Analyze and approve client margin rules with Prime Brokerage and Credit Risk.
• Monitor Prime Brokerage client portfolios against key metrics and take corrective actions when risk exceeds limits.
• Conduct pre-trade risk analysis for financing and OTC trades to support approvals.
• Provide quantitative counterparty risk exposure analysis for Financing and derivatives trading, including VaR and margin rules.
• Present views of contingent risk to Credit Risk, Front Office and management forums.
• Aid development of globally consistent analytics and reporting standards.

Skills

Prime Brokerage

Equities

Market Risk

Microsoft Excel

Presentation Skills

Communication Skills

CFA

MBA

Education

CFA charter

MBA

Tools

Excel

Job description

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Job Title: VP, Credit Exposure Management

Location: NY

Corporate Title: Vice President

The pay range for this position at commencement of employment is expected to be between $150,000-$185,000 per year* (see below footnote for additional compensation and benefits information).

Company overview

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

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com

Department Overview:

Nomura's Risk departmentplays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.

Key Responsibilities:

Nomura's Credit Exposure Management Risk team is responsible for the risk management and mitigation of contingentcounterparty risks arising from the bank's financing and derivative portfolios.The team manages collateral and contingent risk for several businesses, including Prime Services and Repo Financing.The team also provides risk and margin analysis for OTC derivatives trading with Hedge Funds and other counterparties.While the function sits within the Credit Risk department, the CEM team works very closely with Front Office and other Risk teams to ensure that the bank's exposures to its counterparties are within firm risk appetite, and takes action to collateralize these exposures where they are not.

The primary focus will be the Prime Brokerage and Financing Businesses, with extended responsibilitiessupporting risk and margin analysis for fixed income derivatives trading.

• Working with Prime Brokerage business & Credit Risk to analyze & approve client margin rulesand setting risk limits;
• Monitoring Prime Brokerage client portfolios vs. key metrics and taking resolution action whenrisk is outside firm appetite;
• Client pre-trade risk analysis of financing and OTC trades to support approval decisions;
• Quantitative counterparty risk exposure analysis for Financing & derivatives trading, includingVaR Margin and regulatory bilateral margin rules;
• Present views of contingent risk to Credit Risk, Front Office and in various management forums
• Aid development of globally consistent analytics & reporting standards;

Key Objectives Critical to Success

• Form an understanding of existing Nomura risk policies, methodologies and systems; give inputon potential improvements and business development;
• Build a network of contacts across risk management, Global Markets and support functions;
• Demonstrate flexibility to operate across separate business lines within the Financing Risk space
• Proactive, problem solving

Required Qualifications

• At least five years of experience in Prime Brokerage and/or Equities coverage in a Market Risk role
• Broad knowledge of a range of asset classes and their derivatives and in depth knowledge ofequities
• Excellent Presentation and communication skills Appreciation of client business and motivations
• MS Excel to expert level Good general knowledge & understanding of current macro-economictrends
• Ability to work independently, motivated to learn, and drive for success
• Previous experience in fixed income derivatives & cash products
• Further Financial Education e.g. CFA, MBA, etc.
• 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 : Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

* base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".