Credit Risk Structured Credit

Nomura Holdings, Inc.; New York (NY); On-site; USD 145,000 - 175,000; Full time

Job summary

An established industry player is seeking a dynamic Vice President in Credit Risk Management to oversee structured credit transactions. This role involves analyzing credit risks, managing a diverse portfolio, and collaborating with senior management to ensure prudent risk-taking. The ideal candidate will possess strong analytical skills and experience in asset-based lending, with a focus on fostering teamwork and mentoring junior staff. Join a forward-thinking firm that values disciplined entrepreneurship and offers a comprehensive compensation package, including medical benefits and professional development opportunities.

Benefits

401(k) eligibility

Paid time off

Medical benefits

Sign-on bonus

Restricted stock units

Qualifications

• Minimum 7 years of Credit Risk experience in structured credit products.
• Strong understanding of asset-based lending structures and financial analysis.

Responsibilities

• Analyze credit risk of structured credit transactions and evaluate deal structures.
• Manage a portfolio of Investment Grade & Sub-Investment Grade credit exposures.

Skills

Credit Risk Analysis

Financial Analysis

Communication Skills

Due Diligence

Asset-Based Lending

Negotiation Skills

Education

Bachelor's Degree in Accounting or Finance

Job description

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Job Title: Credit Risk Structured Credit

Job Code: 8644

Country: US

City: New York

Skill Category: Risk

Description:

Corporate Title: Vice President

Department: Risk Management

Location: New York

The pay range for this position at commencement of employment is expected to be between $145,000 and $175,00/year*

Company Overview

Nomura is a global financial services group with an integrated network spanning over 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, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm isbuilt on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com .

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

Department Overview

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, rejects, 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 Corporate Credit Risk Team is looking for a dynamic individual at the Vice President level to support coverage a range of Nomura’s structured credit businesses.

Role Description

• Analyze credit risk of structured credit transactions within the Asset-Backed Lending, Lender Finance, Trade Finance, and certain other Private Credit products, primarily consisting of receivables / payables / inventory financing.
• Scope of work includes, but is not limited to, fundamental financial analysis, evaluation of deal structures, review of legal terms & conditions, and coordinating credit approval processes including senior-level briefings.
• The position will involve ownership of analyzing & assigning internal credit ratings, evaluating major risks & risk mitigants of new transactions and preparation of internal memorandums to document decision rationale.
• Propose structural changes for new & existing transactions as required to manage higher risk situations or those that are experiencing negative credit trends.
• Participate in and lead counterparty 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 & 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, Experience, Qualifications and Knowledge Required

• Minimum 7 years of Credit Risk experience within credit risk covering structured credit products.
• Strong understanding of asset-based and other bespoke lending structures.
• Strong written & verbal communication skills, including experience in discussions with Senior Risk Management personnel and responses to regulatory requests.
• Ability to effectively manage due diligence processes and strong analytical skills with respect to borrower financial data and loan portfolio performance metrics
• Strong familiarity with corporate financial statement analysis and credit risk metrics.
• Understanding credit and trading documentation (e.g. Credit Agreements, ISDAs) and experience negotiating credit terms for legal documentation a plus.
• Comfort interacting with the relevant business areas and coordinating between Risk Management areas and Front Office desks.
• Advising and / or assisting deal teams in a fast-paced, high-pressure environment with the ability to prioritize and complete tasks according to project needs.
• Leveraging effective business writing and verbal skills to drive consensus-building to achieve strong results.
• Bachelor’s degree in Accounting or Finance preferred.

*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, 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