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 worldclass 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 wellrecognized 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.
Division Overview:
The Risk Management Division encompasses the firms comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firms riskreturn profile that ensures the efficient deployment of the firms capital. It is one of the firms core competencies and is independent of the trading areas and operational areas.
Business Unit Overview:
Credit Risk Analytics team within Risk Methodology Group (RMG) develops the quantitative methodologies used to measure counterparty credit risk, provides analyses and consultation on credit risk quantification, and participates in global efforts on modelling credit risk exposure. This team is responsible for enhancement and methodological support to accommodate new business needs and maintain regulatory compliance to IMM approval from various global regulators. This team also provides active support to business/risk managers by carrying out pretrade analytics on live complex structured derivatives transactions.
At a generic level the team responsibilities include working on various regulatory requirements comprising model development and reviews, Backtesting of models, calibration, User Acceptance Testing, documentation of models, etc.
Position Specifications:
Corporate Title
Analyst
Functional Title
Analyst
Experience
1 to 3 years
Qualification
Masters in Quantitative discipline (B.E/B. Tech+, M. Tech, MSc
(Maths/Stats), Econometrics)
Role & Responsibilities:
This role will focus on the SFT side of the business from counterparty risk point of view;
- Provides analysis and consultation on counterparty credit risk quantification and participate in global efforts on modelling counterparty credit risk exposure.
- Work closely with model Global development teams on implementation of models and systems.
- Work on various regulatory requirements including Back testing, Model reviews, Calibration, User Acceptance Testing, Documentation of models.
- Work on ad hoc risk models as per business requirements.
Mind Set:
Mandatory
Desired
Domain
1 + years of experience working within risk domain, preferably counterparty risk
Knowledge of Bonds/Repos, HCs, Stochastic Calculus, Counterparty exposure concepts, Regulatory regime
Knowledge of fixed income including pricing various traded bonds ranging from vanilla to exotic
Proficiency in ExcelVBA/Python Strong verbal and written communication skills
Delivery focussed with the ability to work well under pressure and meet deadlines under compressed
timescales
Organisational skills, multitasking and detail oriented
The firm is an equal opportunity employer, and we
are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees.
The firm and its affiliates
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.
