Credit Risk - Financial Institutions
At a glance
Mid-level Risk & Financial Compliance role at Nomura Holdings. New York · $110,000–$130,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Assess North American and Latin American financial institutions using financial data and qualitative credit factors
- Set internal ratings and exposure caps, track usage, flag breaches and recommend steps to address them
- Review daily trade requests across derivatives, repo, stock lending and mortgage-backed securities
- Analyze one-off transactions and take credit recommendations to senior risk leaders
- Lead counterparty checks, review portfolios and track regulatory or market changes for needed action
What you bring
- At least three years of credit risk work focused on financial institutions
- Strong command of financial statement review and credit risk measures
- Experience with fixed income and equity trading products, plus negotiating credit terms in legal agreements
Who this fits
This associate role suits a credit risk professional covering financial institutions. You’ll work with senior risk leaders and business teams, and the portfolio spans North America and Latin America.
From the employer
Title: Credit Risk - Financial Institutions
Corporate Title: Associate
Department: Risk
Location: New York
The pay range for this position at commencement of employment is expected to be between $110,000 and $130,000/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:
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:
Credit Officer will cover a portfolio in the Financial Institutions sector across North America and Latam, main responsibilities include:
- Credit Risk Analysis, both quantitative and qualitative, across Commercial Banks, Broker-Dealers, Insurance Companies, CCP’s, Mortgage Originators and Mortgage REITS
- Assigning internal credit ratings and limits, monitoring exposure usage for any limit breaches and recommending corrective actions
- Approval of daily trade requests for products including Derivatives (FX, Rates, Equities, Credit), Repo, Stock Lending, MBS etc.
- Analysis of ad-hoc deal-specific transactions. Presenting Credit Risk recommendation to senior Risk Management
- Tracking developments related to regulatory, Industry, Counterparty, external ratings and taking appropriate actions
- Leading Counterparty due diligence via calls as well as in-person visits
- Conduct periodic portfolio reviews for sectors within the Financial Institutions space
- Contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements
Skills, experience, qualifications and knowledge required:
- 3+ years of Credit Risk experience covering Financial Institutions
- Strong familiarity with financial statement analysis and credit risk metrics
- Background in trading products in the Fixed Income and Equities spaces
- Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)
- Comfortable interacting with senior management, communicating within Risk Management as well as the relevant business areas.
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”.
Nomura is an Equal Opportunity Employer