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 since 1925.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Diversity and inclusion are at the heart of our culture; we welcome all applicants.
- Why this job: Make a real impact in risk management while collaborating with traders and experts.
- Qualifications: Strong analytical skills, Python coding experience, and a proactive mindset required.
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
- 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 in London employer: Nomura Holdings, Inc.
At Nomura, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through continuous learning opportunities and a supportive environment where diverse perspectives are valued. Located in the heart of the financial services sector, our EMEA team plays a crucial role in shaping risk management strategies, making this an exciting place for professionals seeking meaningful and impactful careers.
StudySmarter Expert Advice🤫
We think this is how you could land Front office Risk - VP in London
✨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 applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your quantitative skills and risk management knowledge. Be ready to discuss how you’d tackle real-world scenarios in the role.
✨Tip Number 3
Show off your Python skills! If you’ve got projects or examples of your coding work, bring them to the table. It’s a great way to demonstrate your analytical prowess.
✨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 in London
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 skills can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Mention specific examples of how you've used techniques like stress testing or VaR in previous roles. We’re keen on seeing how you approach problem-solving!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Nomura Holdings, Inc.
✨Know Your Risk Metrics
Make sure you brush up on key risk metrics like VaR, stress testing, and P&L attribution. Being able to discuss these concepts confidently will show that you understand the core responsibilities of the role and can engage in meaningful conversations with traders.
✨Showcase Your Python Skills
Since the role involves building out Python code for analysis, be prepared to discuss your coding experience. Bring examples of past projects or analyses you've done using Python, and if possible, demonstrate your problem-solving approach during the interview.
✨Communicate Effectively
This position requires constant interaction with various stakeholders. 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 this will highlight your communication skills.
✨Be Proactive and Inquisitive
Demonstrate your proactive nature by discussing instances where you took the initiative to solve a problem or improve a process. Show your intellectual curiosity by asking insightful questions about the team’s current challenges and how you can contribute to overcoming them.
