At a Glance
- Tasks: Manage market risk by analysing trading activities and reporting findings to stakeholders.
- Company: Join Nomura, a global financial services leader with a collaborative culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make an impact in risk management while working with top-tier professionals.
- Qualifications: Master's degree in a quantitative field and experience in risk management.
- Other info: Embrace diversity and inclusion in a supportive workplace.
The predicted salary is between 43200 - 72000 £ 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.
The Market Risk team is responsible for providing independent oversight of the firm's trading activities based on quantitative and qualitative analysis of all material positions and the current market environment. These findings are reported to key stakeholders within the firm.
This position covers Structured Rates within the EMEA Risk Management team, which involves the following responsibilities:
- Daily aggregation, validation, and monitoring of risk.
- Regular reporting of risk positions, limit breaches, and stress testing results for firm management and regulatory compliance.
- Identification and investigation of changes to risk profile, including analysis of VaR and stress drivers.
- Communication of findings to management.
- Working with the front office to understand and address breaches as necessary.
- Reviewing new transaction requests, identifying and assessing the key risk issues, including capital impacts.
- Developing a good understanding of risk systems and help to drive improvements where necessary.
- Ad hoc risk-related projects and infrastructure building.
- Keeping abreast of relevant market events and drivers.
Key objectives critical to success include:
- Diligence/attention to detail and strong analytical skills to recognize/investigate significant changes in risk.
- Strong communication skills to make management aware of said changes and new positions as they arise.
- Good prioritization skills and a strong work ethic to see each task assigned done thoroughly and correctly.
Skills, experience, qualifications and knowledge required:
- Master's degree in Applied Mathematics, Financial Mathematics, or related quantitative field, or the equivalent work experience.
- Familiarity with structured rate products and their risk profiles, including understanding of Greeks and impact on VaR.
- Strong proficiency with Excel.
- Strong communication skills.
- Relevant experience in a risk or control related function in financial services institution.
- Detailed and process orientated.
- Takes initiative and is proactive.
Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and 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.
Market Risk Manager in London employer: Nomura Holdings, Inc.
Contact Detail:
Nomura Holdings, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Manager 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 and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into market risk topics. Brush up on your knowledge of structured rates and be ready to discuss how you’d handle real-world scenarios. Show us you mean business!
✨Tip Number 3
Don’t just apply and wait! Follow up on your application through our website. A little nudge can show your enthusiasm and keep you on the radar of hiring managers.
✨Tip Number 4
Practice your communication skills. You’ll need to explain complex risk concepts clearly, so get comfortable discussing your ideas. We want to see how you can make management aware of key changes!
We think you need these skills to ace Market Risk Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Market Risk Manager role. Highlight your experience with structured rate products and risk management, and don’t forget to showcase your analytical skills and attention to detail!
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 background makes you a perfect fit for our team at Nomura. Keep it concise but impactful!
Showcase Your Communication Skills: Since strong communication is key in this role, make sure to demonstrate your ability to convey complex ideas clearly in your application. Whether it’s through your CV or cover letter, let us see your communication prowess!
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 and 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
As a Market Risk Manager, you'll need to be comfortable with quantitative analysis. Brush up on your understanding of VaR, Greeks, and stress testing. Be ready to discuss how these concepts apply to structured rates and demonstrate your analytical skills during the interview.
✨Communicate Clearly
Strong communication skills are crucial for this role. Practice explaining complex risk concepts in simple terms. You might be asked to present findings or discuss risk profiles, so being able to articulate your thoughts clearly will set you apart from other candidates.
✨Stay Updated on Market Trends
Keep an eye on current market events and trends that could impact risk management. Being knowledgeable about recent developments will show your passion for the field and your proactive approach to risk assessment. Bring up relevant examples during your interview to showcase your awareness.
✨Demonstrate Attention to Detail
Diligence and attention to detail are key in risk management. Prepare to discuss past experiences where your meticulous nature helped identify significant changes in risk profiles or prevented potential issues. Highlighting specific examples will illustrate your capability to handle the responsibilities of the role.