Vice President - Market Risk Analyst – Collateral Risk and Projects – Singapore

  • Competitive
  • Singapore
  • Permanent, Full time
  • Nomura Asia
  • 01 Feb 18 2018-02-01

The job holder will be part of the Regional Risk Management team responsible for providing risk management support to the Wealth Management Business.

Nomura Overview   
Nomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm practices disciplined entrepreneurship while building on a long tradition of serving clients with creative solutions and considered thought leadership.


 Functional Overview    
Responsible for providing risk management support to Wealth Management Business. 
Job description   
 Principal Tasks:
Responsible for risk methodologies / collateral risk monitoring:
•Develop, review and implement methodologies covering haircut, margin requirement and netting rules within the Wealth Management Business.
•Liaise with Risk Methodology Group to validate proposed risk methodologies.
•Allocate haircut and margin required to eligible securities in adherence to policy and methodology.
•Provide justifications and recommendations on haircut deviation.
•To conduct regular reviews of securities granted haircut / margin required within the Wealth Management Business.
•Responsible for the monitoring of the FX Margin trading activities including exception trade approval
•To produce regular risk reports and ad-hoc impact analysis for management review.
•Responsible for the stress testing analysis on clients’ portfolios.
•Responsible for maintaining updated operational procedures within department.
 Participation to Risk Projects:
•To participate and lead various risk projects including writing detailed risk requirements and performing User Acceptance Testing.


Key Experience & Skills   
 Requirements:
•Diploma /Degree in Banking/Business/Economics/Finance
•5 – 7 years of relevant experience in market risk/analysis in an investment/ private bank with strong knowledge and understanding of PB business and products.
•Able to use Bloomberg and other banking tools – Margin Man / Avaloq
•Advanced skills in Excel (experience with VBA would be advantageous
•Experience in project management is a plus


Regional Disclaimers / Diversity Statement   
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.