Market Risk-Interest Rates Analyst

Nomura Holdings, Inc.; New York (NY); On-site; USD 90,000 - 110,000; Full time

Job summary

A leading financial services group seeks a Market Risk-Interest Rates Analyst in New York. This role involves identifying and mitigating market risks in rates portfolios while providing insightful analysis to management. Candidates should possess a strong background in market risk management and be familiar with financial instruments related to interest rates.

Benefits

Comprehensive medical benefits

401(k) eligibility

Paid time off for vacation and parental leave

Sign-on bonuses and stock options

Qualifications

• 2 to 4 years of experience in market risk management.
• Understanding of financial markets, pricing models, and risk metrics.
• Proficient in quantitative and statistical analysis.

Responsibilities

• Cover Market Risk across Flow Rates businesses including Government, Inflation, Agencies, etc.
• Utilize key risk metrics to assess risk of interest rate derivatives.
• Conduct stress testing and scenario analysis to assess extreme market events.

Skills

Quantitative analysis

Market risk management

Communication

Problem solving

Teamwork

Education

Undergraduate or advanced degree in Finance, Mathematics, or a related field

Tools

Excel VBA

Python

Job description

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Job Title: Market Risk-Interest Rates Analyst

Job Code: 10063

Country: US

City: New York

Skill Category: Risk

Description:

Corporate Title: Analyst

Department: Risk Management

Location: New York

The pay range for this position at commencement of employment is expected to be between $90,000 and $110,000 /year*

Company overview

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

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

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 Overview

US Macro business is involved in US Rates trading and market making across linear products (Government bonds, Agencies, Inflation bonds and swaps, Repo, Money Markets, IR swaps) and non-linear products (Flow Options, Exotics). The US Rates Market Risk Analyst / Associate is responsible for identifying, measuring, monitoring, and mitigating market risks associated with rates portfolios within US Macro business, ensuring compliance with regulatory requirements and internal risk policies, and providing insightful analysis to senior management regarding potential rate fluctuations and their impact on the portfolio. The successful candidate will report to the US Head of Macro risk and will have experience across US Interest Rate markets.

Responsibilities:

• Cover Market Risk across Flow Rates businesses including Government, Inflation, Agencies, Swaps, Options
• Utilize key risk metrics to assess risk of interest rate derivatives, fixed income portfolios and their hedges
• Daily review of positions taken and changes to the positions
• Monitor market trends and identify potential risks arising from interest rate volatility, yield curve movements, and economic factors
• Analyze trading strategies and positions to identify illiquid risks and potential for excessive exposure
• Work closely with trading desks to identify and address risk exposure, monitor limits and take action when necessary
• Conduct stress testing and scenario analysis to assess the impact of extreme market events on the portfolio
• Participate in projects to enhance existing risk measures, capture missing risks from VaR
• Analyze and explain changes in regulatory capital for US Macro business and applicable legal entities

Qualifications:

• Undergraduate or advanced degree in Finance, Mathematics, or a related field
• 2 to 4 years of experience in market risk management, particularly within the fixed income and interest rate derivatives market
• Understanding of financial markets, pricing models, and risk metrics
• Proficiency in market risk management methodologies, quantitative and statistical analysis
• Self-motivated and adaptable who can work under pressure
• Experience with creating analytical tools using Excel VBA and Python
• Ability to improve current processes and achieve efficiencies
• Strong team player who can work with colleagues across different functions and regions
• Good communication and presentation skills to effectively convey risk information to traders and senior management

*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