Equities Market Risk Manager

Title: Equities Market Risk Manager

Corporate Title: Vice President

Department: Risk

Location: New York

The pay range for this position at commencement of employment is expected to be between $150,000 and $180,000/year * (see below footnote for additional compensation and benefits information).

Company overview

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 www.nomura.com.

Aon's Benefit Index, Nomura's benefits rank #1 amongst our competitors

Department Overview:

Nomuras Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firms 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.

Role Description:

The individual will be working with other risk managers within the team covering the US Equities Desks with the main focus in Flow and Structured Derivatives. The role will include stress analysis, review of risk positions, discussing risk exposures and concerns with senior risk managers and traders, and escalating risk issues to senior risk managers as needed.

Key Responsibilities

• Understanding the market and daily review of risk exposures.
• Developing and maintaining risk reports and analytic tools.
• Work closely with front office to assess risk and business strategy, as well as other corporate functions such as MVG, IPV, IT, and Ops.
• Work closely with Credit Risk and review committee/transaction approvals.
• Daily recap of markets, P&L and Risk.

Skills, experience, qualifications and knowledge required:

• 5-10 years of experience in trading or market risk in Equities with a strong understanding in Global Capital Market.
• Strong analytic background and strong understanding in Equity Derivatives, particularly around greeks, stress testing, VaR, Basel III, and FRTB.
• Experience in Corporate Derivatives and Equity Exotics Options (barriers, autocallables, range accruals, etc) and knowledge of various vol pricing model a plus.
• Very strong communication skills (both written and verbal) as the candidate will be working with a large number of groups within Risk and outside of Risk.
• Experience in QIS strategy as well as Private Equity a plus.
• Programming skills are not necessary but strongly preferred.

Nomura Leadership Behaviors

• 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 depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".