Credit Exposure Management

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Job Title: VP, Credit Exposure Management

Location: NY

Corporate

Title:

Vice President

The pay range for this position at commencement of employment is expected to be between $150,000-$185,000 per year* (see below footnote for additional compensation and benefits information).

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions:
Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit

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.

Nomura's Credit Exposure Management Risk team is responsible for the risk management and mitigation of contingentcounterparty risks arising from the bank's financing and derivative portfolios.

The team manages collateral and contingent risk for several businesses, including Prime Services and Repo Financing.

The team also provides risk and margin analysis for OTC derivatives trading with Hedge Funds and other counter parties.

While the function sits within the Credit Risk department, the CEM team works very closely with Front Office and other Risk teams to ensure that the bank's exposures to its counter parties are within firm risk appetite, and takes action to collateralize these exposures where they are not.

The primary focus will be the Prime Brokerage and Financing Businesses, with extended responsibilities supporting risk and margin analysis for fixed income derivatives trading.

• Working with Prime Brokerage business & Credit Risk to analyze & approve client margin rulesand setting risk limits;
• Monitoring Prime Brokerage client portfolios vs. key metrics and taking resolution action whenrisk is outside firm appetite;
• Client pre-trade risk analysis of financing and OTC trades to support approval decisions;
• Quantitative counter party risk exposure analysis for Financing & derivatives trading, including
  
  VaR Margin and regulatory bilateral margin rules;
• Present views of contingent risk to Credit Risk, Front Office and in various management forums
• Aid development of globally consistent analytics & reporting standards;

• Form an understanding of existing Nomura risk policies, methodologies and systems; give inputon potential improvements and business development;
• Build a network of contacts across risk management, Global Markets and support functions;
• Demonstrate flexibility to operate across separate business lines within the Financing Risk space
• Proactive, problem solving

• At least five years of experience in Prime Brokerage and/or Equities coverage in a Market Risk role
• Broad knowledge of a range of asset classes and their derivatives and in depth knowledge ofequities
• Excellent Presentation and communication skills Appreciation of client business and motivations
• MS Excel to expert level Good general knowledge & understanding of current macro-economictrends
• Ability to work independently, motivated to learn, and drive for success
• Previous experience in fixed income derivatives & cash products
• Further Financial Education e.g. CFA, MBA, etc.
• 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…