Associate Market Risk Manager Risk Management

Singapore, Singapore

Job Description


Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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

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Job Overview:

The management of Market risk is a key business priority for Nomura and is vital to the successful delivery of the firm\'s strategy. The AeJ Market risk team has responsibility for the development of Market risk management for the region, including:

  • Developing the Market risk strategy and governance framework in line with the Global Market risk management and regulatory framework
  • Establishing a set of Market risk services to support the business areas\' management of Market risk
  • Developing the tools and templates to allow the effective collection, review and use of Market risk information
  • Through a team of Market Risk Managers, effectively working with different stakeholders across the business to embed a Market risk culture throughout the organisation
  • Supporting the Senior Market Risk Managers in the performance of their responsibilities
Responsibilities:

Market Risk Management is looking to hire a Market Risk Manager to participate in covering Singapore based business in AEJ Macro, CVA and Treasury. The risk analyst will also be responsible for overseeing day to day market risk management governance processes and covering Singapore regulatory reporting as well as maintaining market risk oversight on Singapore legal entities. The successful candidate will gain experience across AEJ Rates, FX and Credit as well as core G10 currencies products and markets.
  • Support the senior regional risk managers in terms of their daily risk monitoring
  • Daily review of key market news and positions taken and key changes
  • Liaise regularly with Front Office trading and structuring in the implementation of risk controls and ensure that issues identified (limit breach, incomplete or inadequate risk monitoring, system problems) are addressed in timely manner.
  • Ensure that daily risk and limit reports are produced timely to trading, senior management and regulatory stakeholders
  • Ensure VAR and capital components are reviewed, commented and signed off daily.
  • Review of stress test scenarios, results and provide commentaries of key drivers
  • Review market risk regulatory reporting and stress testing results submitted to Singapore regulators
  • Work closely and manage relationships with groups outside of Market Risk, such as Credit Risk, Research, Quantitative Research, Finance, Product Control, Middle Office, Market Risk Technology, Regulatory, and Internal Audit.
Requirements:

Candidates for the position should:
  • Minimum 3 years of experience in market risk function
  • Experience in Macro (FX and rates) products
  • Experience in market risk processes (eg. VAR, limits, stress testing)
  • Bachelor or Post graduate degree in a quantitative field preferred
  • Knowledgeable about developed and AEJ emerging markets
  • Ability to work autonomously and willingness to get involved and take responsibility for area covered.
  • Proficiency in Excel, VBA, python programing preferred
  • Strong analytical, communication and independent problem solving skills and able to deliver under tight deadlines.
  • Energetic, independent with aptitude to learn and improve processes.
  • Strong team player who can interact and work well with front office, senior risk managers and other control functions
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.

DISCLAIMER: This is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer -

Additional Information

Career Level

Not Specified

Qualification

Not Specified

Job Type

Full-Time

Job Specializations

,

Company 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.

Additional Company Information

Registration No.

197201440E

Industry

Banking / Financial Services

Singapore Post

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Job Detail

  • Job Id
    JD1373031
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned