FO Risk

Job Description

Job Title: FO Risk Job Code: 9139 Country: IN City: Mumbai Skill Category: Global Markets Description: Nomura Overview: Nomura is an Asiaheadquartered financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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 Division Overview : Nomuras Global Markets Division handles client transactions for financial institutions, corporates, governments and investment funds around the world. We act as market makers, trading in fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. We have taken marketleading positions across the globe by leveraging the strength of our talent, client relationships and technology. Business Overview: Nomura s Prime Services is a fully integrated platform offering global securities lending, innovative financing solutions, execution excellence, and industry expertise. Our clients include leading institutional asset managers, hedge funds, and other market participants across the globe. Leveraging the entire firm, Nomura Prime Services is committed to providing our clients with the highest level of service, support, and technology. Position Specifications: Corporate Title Vice President Experience >10 years Qualification Post Graduate Degree/ MBA, CFA, FRM or equivalent finance major or similar Role & Responsibilities: The primary responsibilities for the roles within the Prime Finance Risk Team would include: Lead the daytoday activities of Mumbai Prime Brokerage Front Office Margin & Risk Controls hub supporting Asia/Europe/US. Spearhead the development of a comprehensive automated risk controls framework and eventually own the endtoend risk management process for the hub. Own and build a strategic Prime Risk and Analytics platform, collaborate with IT to provide requirements, drive approach and implementation. Set up framework for timely escalation for the controls suite to senior management; collaborate with Collateral, Legal, IT and other support teams to get issues resolved. Ensure that team runs daily checks on client setups, build reconciliations using data from reference data, trade booking and margin & collateral systems. Build, monitor and run daily control reports and dashboard to check dayoverday swings on key metrics. Write daily commentary on control breaks, exceptions and swings. Write client level commentaries, adhoc analysis and run whatif scenarios providing indicative margin levels. Run team calls and represent / explain control breaks and resolution. Mentor and manage the team. Mind Set: Mandatory Desired Domain Post Graduate Degree/ MBA, CFA, FRM or equivalent finance major or similar Experience of Prime Brokerage and/or financing businesses, client risk and margin processes. Strong knowledge of Equities, Equity Derivatives, Convertible Bonds, Fixed Income, Repo, and Futures and Options. MS Excel to expert level. Working knowledge of SQL, Python. Experience of BI tools such as Power BI or Tableau. Experience in running a team involved in Prime business and/or risk function. Excellent interpersonal and communication skills. Good general knowledge & understanding of current macroeconomic trends. Strong logical, analytical and problem solving skills are a must. Strong team player, a quick learner and willing to put extra effort to build client / stakeholder relations and garner business knowledge. Selfstarter and ability to multitask and meet various deadlines. Ability and openness to learn new technologies and work on new platforms. Experience or knowledge on KDB, Kx will be a plus.