Credit Risk - Financial Institutions

Title: Credit Risk - Financial Institutions

Corporate

Title:

Vice President

Department: Risk

Location: New York

The pay range for this position at commencement of employment is expected to be between $160,000 and $185,000/year * (see below footnote for additional compensation and benefits information).

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

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors.

Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.

Credit Officer will cover a portfolio in the Financial Institutions sector across North America and Latam, main responsibilities include:

• Credit Risk Analysis, both quantitative and qualitative, across Commercial Banks, Broker-Dealers, Insurance Companies, CCP’s, Mortgage Originators and Mortgage REITS
• Assigning internal credit ratings and limits, monitoring exposure usage for any limit breaches and recommending corrective actions
• Approval of daily trade requests for products including Derivatives (FX, Rates, Equities, Credit), Repo, Stock Lending, MBS etc.
• Analysis of complex/structured transactions. Presenting Credit Risk recommendation to senior Risk Management and to Transaction Committees
• Structuring trading terms in conjunction with other areas including Global Markets, Legal, Finance and Middle Office
• Tracking developments related to regulatory, Industry, Counter party, external ratings and taking appropriate actions
• Leading Counter party due diligence via calls as well as in-person visits
• Conduct periodic portfolio reviews for sectors within the Financial Institutions space

• Leading and contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements
• Mentoring the junior members of the team and implementing team level initiatives

• 7+ years of Credit Risk experience covering Financial Institutions
• Strong familiarity with financial statement analysis and credit risk metrics
• Strong understanding of traded products in the Fixed Income and Equities spaces, including prior experience in covering Securitized Products (RMBS/CMBS)
• Experience in covering Insurance Companies, including strong understanding of insurance underwriting guidelines and industry regulations
• Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)

• Explore Insights & Vision:
  Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions :
  Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People :
  Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability :
  Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion :
  Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
• Base pay offered may vary…