Credit Risk Leveraged and Structured Credit Americas

Nomura Holdings, Inc.; New York (NY); On-site; USD 160,000 - 190,000; Full time

Benefits offered by this job

Medical benefits

401(k) eligibility

Paid time off

Job summary

Nomura Holdings, Inc. in New York seeks a Vice President for Credit Risk Leveraged and Structured Credit Americas to lead risk assessment across a diverse private credit portfolio, including leveraged and asset-backed structures.

You will interact with front office teams on deal structuring and credit approvals, driving robust risk mitigation and governance. The role requires deep expertise in structured credit, strong analytical skills, and a track record of managing complex engagements with

Qualifications

• 5+ years of relevant transaction experience, covering structured credit products and leveraged finance.
• Knowledge of a range of debt / hedging products
• Advising and/or assisting teams in a fast-paced, high-pressure environment with the ability to prioritize and complete tasks according to project needs
• Advising or assisting multi-disciplinary teams across complex engagements with multiple workstreams and stakeholders
• Ability to effectively manage due diligence processes and strong analytical skills with respect to borrower financial data and loan portfolio performance metrics
• Leveraging effective business writing and verbal skills, including leveraging negotiation and consensus-building to achieve results
• Demonstrating business and project management acumen, executive presence and professionalism
• Experience supporting the development of junior team members

Responsibilities

• Analyze credit risk across a broad range of private credit and opportunistic credit transactions including direct lending, bespoke asset-backed financing, lender finance, trade finance, and leveraged finance, among other structured credit products.
• Scope of work includes, but is not limited to, fundamental financial analysis, evaluation of complex and bespoke deal structures, review of legal terms & conditions, and coordinating credit approval processes including senior-level briefings.
• Take ownership of analyzing and assigning internal credit ratings, evaluating key risks and mitigants across novel private credit transactions, and preparing internal memorandums to document decision rationale.
• Engage directly with front office deal teams as an independent credit authority on deal structuring, transaction design, and commercial terms across a diverse and complex credit portfolio.
• Propose and negotiate structural changes for new and existing transactions to proactively manage credit risk, including in higher risk or deteriorating credit situations.
• Participate in and lead due diligence discussions via calls and on-site visits with clients’ or borrowers’ management teams.
• Provide feedback on structuring of key commercial / legal terms in conjunction with other control areas including Legal / Finance.
• Own and manage a portfolio of Investment Grade & Sub-Investment Grade credit exposures, including ensuring timely credit reviews, participation in periodic lender calls, and holistic portfolio reviews.
• Track developments in regulatory & industry-specific operating environments and monitor counterparty credit profile or changes in external ratings. Ensure pro-active socialization and / or escalation of such developments as needed.
• Participate in various firm-wide projects within Risk and Business colleagues across regions, including regular and ad-hoc portfolio / limit reviews.
• Ability to mentor and support development of junior members of the team.

Skills

Structured credit

Leveraged finance

Debt products

Financial analysis

Due diligence

Communication skills

Job description

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Job Title: Credit Risk Leveraged and Structured Credit Americas

Job Code: 13158

Country: US

City: New York

Skill Category: Risk

Description:

Job Title: Credit Risk Leveraged and Structured Credit Americas

Corporate Title: Vice President

Department: Credit Risk Management

Location: New York City

The pay range for this position at commencement of employment is expected to be between $160,000 -$190,000 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

Aon’s Benefit Index®, Nomura’s benefitsrank#1amongst our competitors

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.

Credit Risk Management (CRM), as the second line of defense, is a key function in protecting and making sure that we take prudent risk for Nomura. The group evaluates transactions and approves, declines, or modifies them depending on the credit quality of each counterparty and structure. The department also assigns internal credit ratings, and establishes and manages credit risk limits in accordance with the risk tolerance.

The Lending & Asset Finance team within Credit Risk is looking for a dynamic individual at the Vice President to support coverage of Nomura’s for structured and leveraged credit businesses including Lender Finance and Private Credit, Asset-Backed Lending and Trade Finance, and Leveraged Loans.

Key Responsibilities

• Analyze credit risk across a broad range of private credit and opportunistic credit transactions including direct lending, bespoke asset-backed financing, lender finance, trade finance, and leveraged finance, among other structured credit products.
• Scope of work includes, but is not limited to, fundamental financial analysis, evaluation of complex and bespoke deal structures, review of legal terms & conditions, and coordinating credit approval processes including senior-level briefings.
• Take ownership of analyzing and assigning internal credit ratings, evaluating key risks and mitigants across novel private credit transactions, and preparing internal memorandums to document decision rationale.
• Engage directly with front office deal teams as an independent credit authority on deal structuring, transaction design, and commercial terms across a diverse and complex credit portfolio.
• Propose and negotiate structural changes for new and existing transactions to proactively manage credit risk, including in higher risk or deteriorating credit situations.
• Participate in and lead due diligence discussions via calls and on-site visits with clients’ or borrowers’ management teams.
• Provide feedback on structuring of key commercial / legal terms in conjunction with other control areas including Legal / Finance.
• Own and manage a portfolio of Investment Grade & Sub-Investment Grade credit exposures, including ensuring timely credit reviews, participation in periodic lender calls, and holistic portfolio reviews.
• Track developments in regulatory & industry-specific operating environments and monitor counterparty credit profile or changes in external ratings. Ensure pro-active socialization and / or escalation of such developments as needed.
• Participate in various firm-wide projects within Risk and Business colleagues across regions, including regular and ad-hoc portfolio / limit reviews.
• Ability to mentor and support development of junior members of the team.

Required Qualifications

• 5+ years of relevant transaction experience, covering structured credit products and leveraged finance
• Knowledge of a range of debt / hedging products
• Advising and/or assisting teams in a fast-paced, high-pressure environment with the ability to prioritize and complete tasks according to project needs

• Advising or assisting multi-disciplinary teams across complex engagements with multiple workstreams and stakeholders
• Ability to effectively manage due diligence processes and strong analytical skills with respect to borrower financial data and loan portfolio performance metrics
• Leveraging effective business writing and verbal skills, including leveraging negotiation and consensus-building to achieve results

• Demonstrating business and project management acumen, executive presence and professionalism
• Experience supporting the development of junior team members

Nomura Leadership Behaviors

• 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”.

Nomura is an Equal Opportunity Employer