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 culture, and opportunities for professional growth.
- Other info: Inclusive workplace that values diversity and promotes professional 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.
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 include:
- 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.
- Monitoring and reviewing risk profiles, market activity and key flashpoints in Trading Desk and Counterparty portfolios.
- Conducting regular analysis using techniques like Stress testing, Concentration/Liquidity assessment, P&L Attribution, VaR, etc., and producing appropriate assessments and recommendations.
- Driving the development of our risk platform including stress/scenario analysis, risk tools and new approaches to analyzing risk.
- Working closely and communicating effectively within the team, Corporate Risk, Traders, Global Markets management and Corporate control functions.
- Managing stop loss 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 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.
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
Nomura is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, Nomura provides extensive professional development opportunities and fosters a culture of inclusion and diversity, ensuring that every voice is heard. Joining the Front Office Risk team means being part of a forward-thinking organisation that values creativity and strategic decision-making, making it an ideal place for those seeking meaningful and rewarding careers 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 folks in the industry, especially those already at Nomura. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your quantitative skills and Python coding. Be ready to discuss how you’d tackle real-world risk scenarios – they love that!
✨Tip Number 3
Show off your analytical prowess! Bring examples of past projects where you’ve successfully managed risks or improved processes. Numbers speak louder than words!
✨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 risk management experience. We want to see how you fit into our team!
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 aligns with our needs. 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 tools or techniques you've used, like stress testing or VaR analysis. We’re looking for someone who can dive deep into data!
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 don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at Nomura
✨Know Your Numbers
As a candidate for the Front Office Risk role, you’ll need to demonstrate strong quantitative skills. Brush up on your financial models and statistical knowledge. Be prepared to discuss specific examples of how you've applied these skills in previous roles, especially in risk management.
✨Master Python Basics
Since the role involves building out Python code for analysis, make sure you’re comfortable with the basics of Python programming. Consider preparing a small project or example that showcases your coding skills, particularly in relation to risk analysis or financial modelling.
✨Communicate Clearly
Excellent verbal and written communication skills are crucial for this position. Practice articulating complex risk concepts in simple terms. You might even want to prepare a few scenarios where you had to explain risk assessments to non-technical stakeholders.
✨Show Your Proactivity
The job description highlights the need for a self-starter with a can-do approach. Think of instances where you took the initiative to solve a problem or improve a process. Be ready to share these examples during your interview to illustrate your proactive mindset.
