Credit Risk -FI and Regulated Funds Analysts

Job Title: Credit Risk -FI and Regulated Funds Analysts Corporate Title : Analyst/Associate Department: Risk Location: NYC   The pay range for this position at commencement of employment is expected to be between $90,000 and $120,000/year * (see below footnote for additional compensation and benefits information).   Company overview 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 www.nomura.com Aon’s Benefit Index®, Nomura’s benefits  rank #1  amongst our competitors   Department Overview: Credit Risk Management (CRM), as the second line of defense, is a key function in protecting and making sure that we take prudent risk for Nomura.  The group evaluates transactions and approves, rejects, or modifies them depending on the credit quality of each counterparty and structure.  The department also assigns internal credit ratings, and establishes and manages credit risk limits in accordance with the risk tolerance.   Role Description:

This role will sit in the Americas Financial Institutions and Regulated Funds Credit Team. It will report to the Head of Americas Financial Institutions and Regulated Funds Credit Team. The Credit Officer would be responsible for the coverage of a portfolio of Financial Institutions and regulated funds counterparties Primary responsibilities for this role include:

Credit Risk Analysis, both quantitative and qualitative, across Brokers, Regulated Funds, Asset Managers and other Financial Institutions New client approvals, including setting credit appetite, limits and rating, performing due diligence calls/ visits, drafting/ negotiating credit terms for legal documentation Implementing and managing credit limits in accordance with risk appetite, including adherence to the Global Credit Limit Management Policy Analyzing economic, market, regulatory, industry events/developments and assessing their impact on the portfolio. Reporting any relevant events to the Americas Head of Financial Institutions and Reg. Funds and other relevant senior risk management Managing counterparty risk exposure, including transaction assessment and trade approval with a focus on Cash and Derivative products. This includes liaising with front office personnel, reviewing and approving new transactions and agreeing on trading terms Ensuring adherence to Credit Risk limits, including Single Name limits, Country limits and counterparty specific limits, escalating breaches to relevant senior risk management when necessary Proactively identifying and monitoring exposure concentrations, identifying risk mitigating actions and escalating/updating to Risk senior management as appropriate Identifying, monitoring and escalating trade settlement fails and recommending appropriate risk management actions Analyzing and interpreting the stress testing results and take actions as appropriate at counterparty, country and/or industry level

Supporting the integration of Nomura’s credit risk management framework across all its legal entities Leading and contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements Implementing team level initiatives

3 to 5 years of Credit Risk experience covering Brokers, Regulated Funds, Asset Managers and other Financial Institutions Strong