Structured Rates Market Risk Manager

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.

This is for a position covering Structured Rates within the EMEA Risk Management team, which involves the following responsibilities, amongst others:

• 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:

• 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.