Credit Risk - Financial Institutions

Nomura Holdings, Inc.; New York (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

Nomura Holdings, Inc. is seeking a Credit Officer to cover a portfolio in the Financial Institutions sector across North America and LatAm. You will perform credit risk analysis, assign ratings, and approve trade requests for complex products, while monitoring exposure and regulatory developments.

You will engage with senior Risk Management and business partners, lead due diligence, and contribute to global risk initiatives across the firm.

Qualifications

• 3+ years in Credit Risk covering Financial Institutions
• Strong familiarity with financial statement analysis and credit risk metrics
• Background in trading products in the FI and equities spaces
• Experience negotiating credit terms for ISDA/CSA, MRA, MSLA, MSFTA
• Comfortable presenting to senior management and Risk/Business partners

Responsibilities

• Credit risk analysis across Financial Institutions sector (NA & LatAm).
• Assign internal credit ratings and limits; monitor exposure usage and breaches.
• Approve daily trade requests for derivatives, repos, stock lending, MBS, etc.
• Analyze ad-hoc deal transactions; present risk recommendations to senior Risk Management.
• Track regulatory, industry, counterparty developments and 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 change initiatives with cross-border coordination.

Skills

Credit Risk

Financial Statement Analysis

Credit Metrics

Trading Products (Fixed Income)

ISDA/CSA Negotiation

Stakeholder Communication

Job description

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.