Market Risk - Cross Asset
The pay range for this position at commencement of employment is expected to be between $110,000 and $130,000/year.
About the Department
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.
About the Role
We are seeking an Associate to join the Market Risk - Portfolio and Model Management group in New York. The successful candidate will help review and manage cross-asset risk, provide insightful quantitative analysis to senior management, and drive risk reporting and automation. The role offers exposure to diverse products including Rates, Equities, Securitized products, FX, and Crypto while working closely with senior stakeholders.
Responsibilities
- Analyzing and understanding market risk across cross-asset classes including Rates, Equities, Securitized Products, FX, and Crypto.
- Conducting portfolio analysis including what-if scenarios and risk factor sensitivities.
- Daily review of risk exposures and changes to the portfolio including stress testing and scenario analysis to assess the impact of extreme market events.
- Preparing decks for regulatory submissions, senior stakeholders, senior committees, and forums.
- Monitoring market trends and identifying potential risks arising from market volatility, economic, and geo-political risk factors.
- Designing and maintaining risk reporting frameworks and model management tools.
- Working closely with the front office to assess risk and business strategy, as well as other corporate functions such as RMG, MVG, IT, and Ops.
Requirements
- 2 to 4 years of relevant experience in Market Risk management, Risk Methodology, quantitative analytics, or adjacent front-office/risk functions.
- Undergraduate or advanced degree in Finance, Mathematics, or a related field.
- Programming ability (Python, SQL) is strongly preferred but not mandatory; familiarity with Bloomberg and Excel VBA.
- Comfort with portfolio analytics, scenario design, impact analysis, and communicating quantitative results to non-technical stakeholders.
- Knowledge of Basel III/FRTB concepts and market risk frameworks preferred but not required.
- Attention to detail, strong written and verbal communication, and ability to manage multiple deliverables in a fast-paced environment.
- Team player with strong communication skills, both verbal and written.