Location
London

Hours
Full Time

About the Role
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 Front Office Risk team is responsible for the 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 including Flow and Structured Rates, FX & Emerging Markets, Credit (Flow & Structured), Equity Products and Lending.

We are seeking a mid-senior level professional to join the team covering the EMEA business. The Risk Manager will oversee all significant financial risks, notably Market and Counterparty risks, across all products and lead key enhancements to our risk platform.

Key responsibilities include monitoring and reporting on various trading desks within EMEA Global Markets, building Python code for analysis and analytics, ensuring all key risks are identified, assessed, quantified where possible, monitored and escalated as needed. The role involves monitoring and reviewing risk profiles, market activity and key flashpoints in Trading Desk and Counterparty portfolios, understanding and articulating the most significant risks and factors driving performance.

The candidate will conduct regular analysis using techniques such as Stress Testing, Concentration/Liquidity assessment, P&L Attribution, VaR, and produce appropriate assessments and recommendations. They will play a leading role in developing the risk platform including stress/scenario analysis, risk tools and new approaches to analyzing risk.

Effective communication and collaboration with the team, Corporate Risk, Traders, Global Markets management and Corporate control functions is essential. The role also involves stop loss management for EMEA traders and working with them on any risk reductions required in line with the stop loss policy.

Experience
- Strong problem-solving and quantitative skills with good knowledge of statistics and financial models
- Experience writing code in Python
- Strong analytical skills and proficiency in Excel
- Experience working closely with traders and support functions

About you
- Excellent verbal and written communication skills
- Self-starter, extremely proactive, very detailed with a can-do approach
- Intellectually inquisitive with a strong desire to get things done

Qualifications
- Relevant experience in risk management or financial markets preferred
- Demonstrated ability to work effectively in a fast-paced environment
- Commitment to Nomura Leadership Behaviours including strategic decision making, inspiring entrepreneurship, elevating organizational capability, and fostering inclusion and a strong risk culture