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Market Risk Infrastructure Associate

Company:
Nomura
Location:
Mumbai, Maharashtra, India
Posted:
May 16, 2024
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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 four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant 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

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.

Nomura is an equal opportunities employer. We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees (including promotion, transfers, assignments and beliefs). We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, career’s responsibilities, sexual orientation, gender identity, race, color, national or ethnic origins, religious belief, disability or age. Our objective is to attract job applications and applications for development from the best possible candidates and to retain the best people.

Divisional Overview:

The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile, which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas

Business Unit Overview:

The MRI Team is part of the overarching Market Risk Management. MRI is responsible for Market Risk Exposure Metric Validation; assisting Risk Managers (RM) in overriding data where necessary as part of Adjustments/overrides; Risk Limit Management; Driving data management strategy for Risk and helping develop data architectures; and Risk Reporting for various Senior Risk Management, KSMMs, Business and Regulatory reporting.

Position Specifications:

Corporate Title Associate

Experience 5 - 9 years

Qualification B.TECH + MBA

Role & Responsibilities:

Support T+1 sign off process

Analysis of data, resolution of breaks and clean-up of existing data.

Implement data quality processes around all data inputs and outputs to and from Risk

Management systems

Experience in understanding & developing target-operating models aligned with the Business.

Supervisory controls and governance.

Produce weekly Management updates & key metrics

Active participation in implementation of regulatory deliverables like BSBS239, FRTB etc

Mind Set:

Understanding of Market Risk and risk measures like VaR, IRC, SVaR etc.

Understanding of financial products

Proficient in writing SQL/oracle queries and VBA macros. Proficiency in Business analysis and operational activities.

Strong Analytical skills.

Excellent communication skills both Written / verbal must.

Strong team player and quick learner.

Work with various stake holders including business, IT, Change Management

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