RSK-Market Risk

Job Code: 15364

Country: IN

City: Mumbai

Skill Category: Risk

Description

Nomura Overview

Nomura is an Asia\-headquartered 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 three business divisions: Retail, Asset

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, (Powai) supports Nomura’s businesses around the world. Powai’ s world class

capabilities in trading support, research, information technology, financial control, operations, risk

management and legal support have played a key role in facilitating Nomura’s global operations and

are an integral part of Nomura’s global expansion plans. The Powai operation is a critical part of the

platform to support the growth of Nomura’s global business.

Divisional Overview

Risk Management Division in Powai has the following functions – Credit risk, Market risk, Quant risk,

Model Validation, Operational risk and Market Risk Infrastructure.

Business Unit Overview

The Treasury Risk Management is a department within the Risk organization responsible for acting as

the second line of defense for the firm’s treasury activities. The team independently reviews and

challenges liquidity management processes, develops and maintains liquidity risk management policies

and limit standards, and monitors compliance with established risk limits and appetite across the

Nomura Group. The role involves a diverse range of risk management responsibilities and provides

exposure to individuals in treasury, other risk teams, Global Markets and senior management through

comprehensive reporting and stakeholder engagement.

What We Offer

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access

to the assistance they need at any point in their wellbeing journey.

• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive

of diverse identities and family structures.

Position Specifications

Corporate Title Vice President

Functional Title Vice President

Experience 7 to 10 year

Qualification MBA from a reputed institute or Masters with

Finance/Accounting/Financial Mathematics/CA background

Role \& Responsibilities

This is for the Vice President position within the Treasury Risk Management team, providing an excellent opportunity to develop expertise in liquidity risk management as part of the second line of defense. It will involve the following responsibilities, amongst others:

Lead and manage the Treasury Risk Management team, providing strategic direction and oversight of all liquidity risk management activities

Identify and implement potential improvements in the Risk Framework management of the treasury and liquidity management activities. Ensure policies and procedures are in line with best practice.

Review and ensure appropriateness of available funding and liquidity resources and plans in line with business strategies. Analyse stress scenarios and challenge liquidity adequacy when necessary.

Review and challenge risk appetite and limit proposals. Ensure limits and controls in place are robust and support risk appetite compliance.

Identify areas of enhancement within the existing liquidity model framework and assess conceptual soundness of models and assumptions.

Challenge explanations for changes in reported data (e.g. for limit consumptions and forecast) and escalate breaches of risk appetite and risk limits.

Prepare regular reports on liquidity risk for senior management and risk management committees.

Provide clear, impactful communication of risk issues to senior management

Drive enhancement of risk methodologies and risk capture for treasury products

Development of risk analytics and reporting frameworks

Key Skills

Mandatory Desired Domain

Working Knowledge of market and liquidity risk management methodologies

Working knowledge of regulatory expectation and street wide best practice with regards to 2nd line management of Treasury desks

Background in Finance/ Accounting/ Risk Management/ Financial Mathematics, or related quantitative fields; etc.

Strong analytical, quantitative, technical abilities, and attention to details.

Strong communication skills (oral and written)

Team leadership experience with ability to mentor junior staff and coordinate cross\-functional initiatives

Masters (MBA preferred) from a tier\-1 institution

Certification in CFA/FRM

Working knowledge of Tableau, Power BI, and coding with Python

Proficiency in Microsoft Excel

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We 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.

• Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.
• The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).

This is for the Vice President position within the Treasury Risk Management team, providing an excellent opportunity to develop expertise in liquidity risk management as part of the second line of defense. It will involve the following responsibilities, amongst others:

Lead and manage the Treasury Risk Management team, providing strategic direction and oversight of all liquidity risk management activities

Identify and implement potential improvements in the Risk Framework management of the treasury and liquidity management activities. Ensure policies and procedures are in line with best practice.

Review and ensure appropriateness of available funding and liquidity resources and plans in line with business strategies. Analyse stress scenarios and challenge liquidity adequacy when necessary.

Review and challenge risk appetite and limit proposals. Ensure limits and controls in place are robust and support risk appetite compliance.

Identify areas of enhancement within the existing liquidity model framework and assess conceptual soundness of models and assumptions.

Challenge explanations for changes in reported data (e.g. for limit consumptions and forecast) and escalate breaches of risk appetite and risk limits.

Prepare regular reports on liquidity risk for senior management and risk management committees.

Provide clear, impactful communication of risk issues to senior management

Drive enhancement of risk methodologies and risk capture for treasury products

Development of risk analytics and reporting frameworks