At a Glance
- Tasks: Monitor financial risks and enhance our risk platform using Python for analysis.
- Company: Join Nomura, a global leader in financial services with a rich history.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace committed to employee development.
- Why this job: Make an impact in risk management while collaborating with traders and stakeholders.
- Qualifications: Strong analytical skills, Python coding experience, and excellent communication abilities.
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.
Department overview
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
Front Office Risk Management is looking to hire a mid-senior level professional to join the team covering the EMEA business. The Risk Manager will need to oversee all significant financial risks (notably Market and Counterparty) across all products as well as lead and execute key enhancements to our risk platform. In particular, the role will require quantitative and qualitative analysis on material positions and risk; working closely with Trading Desks and other stakeholders in evaluating and making decisions on these risks.
- Monitoring and reporting on various trading desks within EMEA GM as well as building out python code for analysis and analytics.
- Ensuring 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.
- Stop loss management for EMEA traders and working 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 a 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.
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.
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: Nomura Holdings, Inc.
Nomura is an exceptional employer that fosters a dynamic and inclusive work culture, providing employees with the opportunity to engage in meaningful financial risk management within a global network. With a strong emphasis on professional growth, employees benefit from comprehensive training and development programmes, as well as the chance to collaborate closely with trading desks and senior management in a fast-paced environment. Located in the heart of the financial district, Nomura offers a vibrant workplace where creativity and disciplined entrepreneurship thrive, making it an ideal choice for those seeking a rewarding career in finance.
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 people in the industry, especially those at Nomura. A friendly chat can open doors that applications alone 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 coding skills! If you’ve got experience with Python, be sure to highlight it. Maybe even bring a small project or example to discuss during your interview.
✨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 all about proactive thinkers who can get things done, so let us know how you fit that bill!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Nomura!
How to prepare for a job interview at Nomura Holdings, Inc.
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss financial models and statistics. Make sure you can explain how you would apply these skills in real-world scenarios, especially in relation to market and counterparty risks.
✨Master Python Basics
Since coding in Python is part of the role, it’s crucial to demonstrate your proficiency. Prepare to discuss any relevant projects or analyses you've done using Python, and be ready to tackle a coding challenge during the interview.
✨Understand the Market Landscape
Familiarise yourself with the current trends in the EMEA Global Markets. Be prepared to discuss how these trends might impact risk management and what strategies you would implement to mitigate potential risks.
✨Communicate Clearly
As the role involves constant interaction with traders and other stakeholders, practice articulating complex ideas simply and clearly. Think about examples where you've successfully communicated risk assessments or recommendations in the past.
