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About the job

Job Title: Market Risk Manager - Securitized Products

Department: Risk Management

Location: New York

Corporate Title: Vice President

The pay range for this position at commencement of employment is expected to be between $160,000 and $190,000/year * (see below footnote for additional compensation and benefits information).

Company 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

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.

Key Responsibilities:

The firm is seeking an experienced Front Office-facing risk professional for our Securitized Products Market Risk team with a focus on identifying, monitoring, and managing market risk exposures across our RMBS, ABS, CMBS, CLO, Mortgage Whole Loan trading and financing desks. In addition to product expertise, the candidate must exhibit strong quantitative skills, effective management ability and excellent communication as the role requires extensive collaboration across various functions and regions.

Key Stakeholder Management

Build and maintain strategic relationships with trading desk heads and senior business stakeholders

Present risk assessments and strategic recommendations to senior management & executive committees

Navigate complex stakeholder dynamics between front office, control functions, and regulators

Provide clear, impactful communication of risk issues to senior management

Partner with global teams across different jurisdictions and time zones

Influence key decision makers on risk appetite and portfolio strategy

Risk Management Responsibilities

Cover Market Risk across US Securitized Products & Private Credit business including Non-Agency RMBS, CMBS, ABS, CLO, Mortgage Whole Loans, Mortgage Financing and Trading activities.

Drive enhancement of risk methodologies and models for complex structured products

Review and challenge trading strategies and risk positions

Oversee limit framework design and implementation

Guide development of risk analytics and reporting frameworks

Contribute to regulatory capital optimization initiatives

Participate in new product approval processes

Required Qualifications:

4 - 8 years of relevant market risk experience

Strong understanding of Non-Agency Mortgages and Securitized Products

Proven experience managing stakeholder relationships

Technical Knowledge

Comprehensive understanding of market risk methodologies

Expert knowledge of risk metrics and limit frameworks

Strong grasp of regulatory requirements and capital rules

Proficiency with risk systems and market data platforms

Understanding of trading strategies and portfolio management

Communication & Influence Skills

Exceptional ability to communicate complex risk concepts clearly

Experience presenting to executive committees

Strong negotiation and conflict resolution capabilities

Ability to build consensus across diverse stakeholder groups

Confidence in challenging senior stakeholders constructively

Clear written & verbal communication for regulatory correspondence

Additional Requirements

Experience managing through market stress events

Global mindset and cross-cultural awareness

Crisis management and problem-solving abilities

Nomura Leadership Behaviours

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