At a Glance
- Tasks: Support senior risk managers and analyse trading activities to ensure compliance with risk appetite.
- Company: Join Nomura, a global financial services leader connecting markets across 30 countries since 1925.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration across departments.
- Why this job: Gain exposure to trading desks and enhance your skills in a fast-paced, innovative culture.
- Qualifications: Ideal candidates have a quantitative degree and interest in market risk management or trading.
- Other info: Nomura values diversity and offers equal opportunities for all applicants.
The predicted salary is between 36000 - 60000 £ 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. The role involves a diverse range of risk management responsibilities and provides exposure to the trading desks, other risk teams, finance, and senior management.
Role description:
- Support senior risk managers primarily covering Nomura’s Traded Credit businesses
- Assist in new transaction review processes and perform scenario and capital analysis on trades to determine whether they are within the firms risk appetite.
- Review of the desks exposures as they relate to VaR, SVaR and IRC; and sign-off on daily values
- Review of risk exposures to ensure desks are within trading limits.
- Develop and produce risk reports used by senior management, as well as prototype reports to be handed over to the risk reporting team.
- Run stress scenarios on trading positions used by senior management to gauge the risks of the portfolio
- Review risk measures to ensure accuracy of the risk produced by analytic systems
- Participate in the review of infrastructure projects to enhance risk management systems, including FRTB
Skills, experience, qualifications and knowledge required:
- Experience working for a financial services firm preferably in market risk management or trading
- Knowledge and genuine interest in traded credit markets or a similar asset class.
- Strong communications skills are necessary as the person will engage with a large number of groups on a daily basis (traders, mid-office support, product controllers, IT, risk analytics)
- Quantitative degree (Mathematics, Statistics, Physics, Economics, Engineering) preferred but not essential
- Detail oriented
- Programming skills are a plus but not absolutely required
- Ability to work independently
Nomura competencies:
- Trusted Partner: Understand clients’ needs and issues, and respond with high-quality proposals
- Entrepreneurial leadership: Produce new ideas that might challenge the status-quo or oneself
- Teamwork: Collaboration Seek advice from senior colleagues and utilize it for improved results
- Influence: Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
- Integrity: Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly
Diversity Statement: Nomura is committed to an employment policy of equal opportunities and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender 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.
Right to Work: The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.
Nomura is an Equal Opportunity Employer.
Market Risk Specialist (Associate) employer: Nomura Holdings, Inc.
Contact Detail:
Nomura Holdings, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Market Risk Specialist (Associate)
✨Tip Number 1
Familiarise yourself with the latest trends and developments in market risk management, particularly in traded credit markets. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals already working in market risk or related fields. Attend industry events or webinars to connect with potential colleagues and learn more about the role and company culture at Nomura.
✨Tip Number 3
Brush up on your quantitative skills, especially if you have a background in Mathematics, Statistics, or Economics. Being able to discuss relevant analytical techniques or tools can set you apart from other candidates.
✨Tip Number 4
Prepare to showcase your communication skills, as the role involves engaging with various teams. Think of examples where you've successfully collaborated or communicated complex information clearly in past experiences.
We think you need these skills to ace Market Risk Specialist (Associate)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Market Risk Specialist position. Tailor your application to highlight relevant experience in market risk management or trading.
Highlight Relevant Skills: Emphasise your quantitative skills and any programming knowledge you possess. Mention your degree and how it relates to the role, as well as your ability to work independently and collaboratively with various teams.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your genuine interest in traded credit markets. Use specific examples from your past experiences to demonstrate how you meet the competencies outlined by Nomura.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your documents are clear, concise, and free of typos, as attention to detail is crucial in this field.
How to prepare for a job interview at Nomura Holdings, Inc.
✨Understand Market Risk Fundamentals
Make sure you have a solid grasp of market risk concepts, especially related to traded credit markets. Brush up on key metrics like VaR, SVaR, and IRC, as these will likely come up during your interview.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with quantitative analysis and how you've applied it in previous roles. Be ready to provide examples of how you've assessed risk and made recommendations based on your findings.
✨Communicate Effectively
Since the role involves engaging with various teams, practice articulating complex ideas clearly and concisely. Think about how you can demonstrate your strong communication skills through examples from your past experiences.
✨Demonstrate Teamwork and Collaboration
Be prepared to discuss instances where you've worked collaboratively with others, especially in high-pressure situations. Highlight your ability to seek advice and leverage the expertise of senior colleagues to achieve better results.