VP, Portfolio Risk Manager

Job Title: Portfolio Risk Manager Corporate Title: Vice President Division: Risk Management Location: Singapore SFID: 15266 Licensed Role: No   Nomura 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      Department Overview 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.   Role Description The Portfolio Analytics and Monitoring ("PAM") team operates within the Portfolio Risk function as a "second line of defence," providing critical insights to inform decision-making by the Chief Risk Officer, senior management, Risk Management Committees, and other governance bodies.   The team focuses on portfolio analytics including forward-looking concentration risk analysis and detection of material risks. It collaborates closely with Market Risk, Credit Risk, and other Risk teams, as well as the first line of defence, leveraging frameworks such as stress testing and early warning indicators to provide comprehensive portfolio intelligence.   Responsibilities

Develop a global, forward-looking view of the portfolio by leveraging multiple risk metrics and techniques (default loss, stressed exposure etc.) while integrating portfolio analytics and monitoring with Stress Testing, Risk Identification and other Risk frameworks. Analyse the firm’s portfolio across multiple dimensions such as rating, sector, product etc. while developing and enhancing portfolio risk frameworks (e.g., Default Risk Appetite, Sector Concentration). Systematically identify, measure, and monitor material risk concentrations across the portfolio. Undertake risk-return assessments and provide recommendations for portfolio optimization through what-if scenario analysis using economic/stress capital models, particularly focusing on material portfolio concentrations. Develop portfolio risk analytics, controls, and dashboards to produce portfolio intelligence suited for decision-making by senior management. Summarize portfolio risk findings and deliver well-articulated, impactful presentations to senior management and risk committees. Foster collaboration across teams spanning risk, front office, middle office, audit, I.T. etc. and participate in global projects related to Portfolio Risk. Implement strong governance, controls, and documentation for team processes and frameworks, including Risk Models owned by the team. Design, build and maintain interactive tools and dashboards (e.g. Power BI) requiring advanced data handling and analysis, while utilizing Machine Learning models where appropriate.

Master’s or equivalent qualification in Finance, Economics, Risk Management,  Minimum of 8 years’ experience in a risk function within Financial Services with a focus on Portfolio Risk Management (e.g., Credit Portfolio Management) and strong exposure to both loans and derivatives. Minimum 5 years’ experience of markets and financial products across major asset classes (FX, Credit, Equities, Rates, Loans) and their correlations. Experience in risk measurement techniques and metrics across risk types (Market, Credit, etc.)