Equities Market Risk Manager

Job description:

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).

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.