At a Glance
- Tasks: Manage financial risks and enhance our risk platform using quantitative analysis and Python coding.
- Company: Join Nomura, a global leader in financial services with a rich history since 1925.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace committed to equal opportunities for all.
- Why this job: Make a real impact in risk management while collaborating with traders and stakeholders.
- Qualifications: Strong analytical skills, Python coding experience, and a proactive mindset are essential.
The predicted salary is between 80000 - 100000 £ per year.
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 solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Front Office Risk is responsible for implementation of effective First Line of Defense Economic Risk Management within Wholesale. The team covers economic risk of all Global Markets business in the region; Flow and Structured Rates, FX & Emerging Markets, Credit (Flow & Structured), Equity Products and Lending.
Responsibilities:
- Oversee all significant financial risks (notably Market and Counterparty) across all products.
- Lead and execute key enhancements to our risk platform.
- Conduct quantitative and qualitative analysis on material positions and risk; work closely with Trading Desks and other stakeholders in evaluating and making decisions on these risks.
- Monitor and report on various trading desks within EMEA GM and build out Python code for analysis and analytics.
- Ensure all key risks in EMEA Global Markets business lines are identified, assessed, quantified where possible, monitored, and escalated where needed.
- Monitor and review risk profiles, market activity and key flashpoints in Trading Desk and Counterparty portfolios.
- Understand and articulate the most significant risks and the factors driving performance.
- Conduct regular analysis using techniques like Stress testing, Concentration/Liquidity assessment, P&L Attribution, VaR, etc., and produce appropriate assessments and recommendations.
- Play a leading role in driving the development of our risk platform including stress/scenario analysis, risk tools and new approaches to analyzing risk.
- Work closely and communicate effectively within the team, Corporate Risk, Traders, Global Markets management and Corporate control functions.
- Manage stop loss for EMEA traders and work with them for any risk reductions required in line with the stop loss policy.
Qualifications:
- Strong problem-solving and quantitative skills + good knowledge of statistics and financial models.
- Strong analytical skills and Excel skills.
- Experience writing code in Python.
- Excellent verbal and written communication skills as the job will involve permanent interaction with the traders and all the support functions.
- Self-starter, extremely proactive, very detailed, can-do approach, intellectually inquisitive with strong desire to get things done.
Diversity & Inclusion: Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees. We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Front office Risk - VP employer: LGBT Great
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. Our commitment to employee growth is evident through continuous learning opportunities and a diverse environment that values unique perspectives. Join us to be part of a global financial services leader where your contributions directly impact our success and where you can thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Front office Risk - VP
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those at Nomura. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your quantitative skills and financial models. Be ready to discuss how you’d tackle real-world risk scenarios – they love that!
✨Tip Number 3
Show off your Python skills! If you’ve got any cool projects or analyses you've done, be sure to mention them. It’s all about demonstrating your hands-on experience.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team.
We think you need these skills to ace Front office Risk - VP
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Front Office Risk role. Highlight your quantitative skills, experience with Python, and any relevant financial models you've worked with. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your analytical skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Problem-Solving Skills:In your application, don’t forget to mention specific examples where you’ve tackled complex problems or improved processes. We’re looking for self-starters who can think on their feet, so let us know how you’ve done this in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Nomura!
How to prepare for a job interview at LGBT Great
✨Know Your Numbers
As a candidate for the Front Office Risk role, you’ll need to be comfortable with quantitative analysis. Brush up on your financial models and statistical knowledge. Be prepared to discuss specific examples of how you've used these skills in past roles, especially in relation to market and counterparty risks.
✨Master Python Basics
Since the job involves building out Python code for analysis, make sure you can demonstrate your coding skills. Practice writing simple scripts that could help in risk analysis. You might even want to prepare a small project or example to showcase during the interview.
✨Communicate Clearly
This role requires constant interaction with traders and various support functions. Practice articulating complex risk concepts in a clear and concise manner. Think about how you would explain your analysis to someone without a technical background, as effective communication is key.
✨Show Your Proactivity
Nomura values a self-starter attitude. Prepare to share instances where you took the initiative to solve problems or improve processes in your previous roles. Highlight your can-do approach and how it has positively impacted your team or organisation.
