Risk Management – Credit Risk Infrastructure

Nomura Overview:

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. For further information about Nomura, visit www.nomura.com.

Nomura Services, India supports the group's global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group's global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

Global Credit Risk Management (CRM) operates as a second line of defence credit risk control function within the Risk Management Division. The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile, which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas.

The Risk Department at Nomura is broadly organised according to the main risk classes Market Risk, Credit Risk, New Business and Operational Risk. The Risk Department provides senior management with an independent view of the principal risks taken by individual business units.

Business Overview:

Risk Infrastructure (RI)

Risk Infrastructure is responsible for the overall governance and support of the firm's Financial Risk platform. This includes activities like Input Data Management and Control, Exposure Metric Validation, Data Integrity & consistency, Capital Assurance, Risk Limit Management and Risk Reporting. In addition they assist Risk Managers (RM) in resolving data issues where necessary and take corrective actions. RI also drives data management strategy for Risk and helps develop data architectures that are flexible and scalable to meet new regulatory requirements.

The CRI Team is part of the overarching Credit Risk Management. CRI has responsibility to monitor and report on counterparty exposures impacting Capital and Limits, settlement risk , governance around credit limit requests and specific pre-trade requests; and risk reporting for various Senior Risk Management, KSMMs, Business and Regulatory reporting. Drives data management strategy for Risk and helps develop data architectures.Provide ad-hoc risk views and drill down analysis of less transparent risks and issues of importance to senior management.

The candidate must have a strong background in visual data delivery; interactive design and SQL with a passion for re imagine/ design. In addition, the candidate will be responsible for planning, designing, coordinating and developing highly interactive dashboards, reports with built-in guided analytics for various lines of business

Position Specifications:

Corporate Title : Analyst

Functional Title : Analyst

Experience : 0 – 2 years

Qualification B.E. / B.TECH / MBA

Technical Skills: SQL, Python, Alteryx

Role & Responsibilities:

The candidate will be supporting the Credit Risk Infrastructure team with the following activities:

• Data Analysis and Risk Management:
• Assist in monitoring on areas of risk such as settlement risk and credit risk metrics
  • Support CRM in Managing limits and excesses for products, counterparties, and countries
  • Support onboarding and offboarding of counterparties or risk management
• Process Improvement and Automation:
• Collaborate with IT and other functions to streamline and automate credit risk processes
  • Develop new tools for internal credit risk requirements and regulatory compliance
• Control and Governance :
• Conduct regular checks , issue tracking and remediation monitoring in line with credit risk policies.
  • Perform governance control on processes performed by credit risk analyst.
• Reporting and Presentation:
• Prepare and present senior management decks on credit risk metrics and ad-hoc analysis
  • Create and deliver regulatory reports for JFSA, PRA, FINRA, and SEC
  • Prepare and deliver reports for regulatory processes and muti-divisional forums
• Internal Audit and Reconciliation:
• Implement adjustments and adhere to defined governance standards
  • Perform reconciliations and resolve audit findings
  • Escalate discrepancies to senior management in a timely manner
• Technical Implementation
• Develop and optimize SQL queries for data extraction and analysis
• Build automated workflows using Alteryx for data processing
• Create Python scripts for complex data transformations and joins
• Implement ETL processes for credit risk data integration
• Design and maintain target operating models

Mind Set:

• Good understanding of Financial Products for E.g. Derivatives, SFT, etc
• Self-motivated, logical thinking, good interpersonal skills and demonstrate ability to form successful working relationships
• Delivery focused with the ability to work well under pressure and meet deadlines under compressed timescale
• Understanding of credit risk principles
• Project management capabilities
• Understanding of Economic & Regulatory capital
• Organizational skills, multitasking and detail oriented
• Strong communication abilities to work with stakeholders
• Problem-solving and analytical thinking

Technical

• Basic skills in Microsoft office kit - PowerPoint and Excel together
• SQL: Complex queries, joins, and data manipulation
• Python: Data processing, pandas, numpy etc
• Alteryx: Workflow design and automation
• Basic Skills in with SQL, Alteryx and PowerBI
• ETL: Design and implementation
• Data Quality Tools: Profiling, monitoring, and reporting

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer's responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company's policies as may be applicable from time to time).