Credit Risk - Financial Institutions

Nomura; New York (NY); On-site; USD 105,000 - 120,000; Full time

Job summary

Nomura is seeking a Credit Officer to manage a North America and LatAm Financial Institutions portfolio. You will perform credit risk analysis, assign ratings, and approve trades across Derivatives, Repo, Stock Lending and MBS, interfacing with senior risk management.

The role requires 3+ years in FI credit risk, strong financial statement analysis, and experience with ISDA/CSA documentation. Based in New York, the position offers a global risk environment and impact on risk decisions.

Qualifications

• 3+ years of Credit Risk experience covering Financial Institutions.
• Strong familiarity with financial statement analysis and credit risk metrics.
• Background in trading products in the Fixed Income and Equities spaces.
• Experience negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA).
• Comfortable interacting with senior management, communicating within Risk Management as well as the relevant business areas.

Responsibilities

• Credit Risk Analysis across Commercial Banks, Broker-Dealers, Insurance Companies, CCPs, Mortgage Originators and Mortgage REITs.
• Assign internal credit ratings and limits; monitor exposure usage and breaches; recommend actions.
• Approve daily trade requests for Derivatives, Repo, Stock Lending, MBS, etc.
• Analyze ad-hoc deal-specific transactions and present risk recommendations to senior management.
• Track regulatory, industry and counterparty developments; take appropriate actions.
• Lead counterparty due diligence via calls and in-person visits.
• Conduct periodic portfolio reviews for Financial Institutions sectors.
• Contribute to global risk changes initiatives with cross-functional coordination.

Skills

Credit risk analysis

Financial statement analysis

Credit risk metrics

Fixed Income

Equities

ISDA/CSA

Senior management communication

Job description

The pay range for this position at commencement of employment is expected to be between $105,000 and $120,000/year * (see below footnote for additional compensation and benefits information).

Department Overview:

Nomura's Risk department plays 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.

Role Description:

Credit Officer will cover a portfolio in the Financial Institutions sector across North America and Latam, main responsibilities include:

• Credit Risk Analysis, both quantitative and qualitative, across Commercial Banks, Broker-Dealers, Insurance Companies, CCP’s, Mortgage Originators and Mortgage REITS
• Assigning internal credit ratings and limits, monitoring exposure usage for any limit breaches and recommending corrective actions
• Approval of daily trade requests for products including Derivatives (FX, Rates, Equities, Credit), Repo, Stock Lending, MBS etc.
• Analysis of ad-hoc deal-specific transactions. Presenting Credit Risk recommendation to senior Risk Management
• Tracking developments related to regulatory, Industry, Counterparty, external ratings and taking appropriate actions
• Leading Counterparty due diligence via calls as well as in-person visits
• Conduct periodic portfolio reviews for sectors within the Financial Institutions space
• Contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements

Skills, experience, qualifications and knowledge required:

• 3+ years of Credit Risk experience covering Financial Institutions
• Strong familiarity with financial statement analysis and credit risk metrics
• Background in trading products in the Fixed Income and Equities spaces
• Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)
• Comfortable interacting with senior management, communicating within Risk Management as well as the relevant business areas.