CVA/ FVA Risk Manager , Associate (1198545) London, England
JOB DESCRIPTION
Job title: Associate CVA/ FVA Risk Manager
Corporate Title: Associate
Department: Market Risk
Location: London
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 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
Department overview:
Role description:
- Support senior risk managers covering Nomura’s EMEA CVA/ FVA desk as well as regulatory CVA capital in NIP/NEHS.
- Review of the desks exposures as they relate to VaR, SVaR and IRC; and sign-off on daily values.
- Review of market exposures to ensure desks are within trading limits.
- Develop and maintain risk reports used by senior management, as well as prototype reports to be handed over to the risk reporting team.
- Perform scenario and capital analysis on trades to determine whether they are within the firms risk appetite.
- Review risk measures to ensure accuracy of the risk produced by analytic systems.
- Participate in the review of infrastructure projects to enhance risk management systems
Skills, experience, qualifications and knowledge required:
Essential
- 1 to 3 years of experience working for a financial services firm preferably in market risk management or trading
- Quantitative degree (Mathematics, Statistics, Physics, Economics, Engineering)
- Understanding of CVA/ CVA Capital and other XVAs
- Knowledge of derivatives pricing and risk management
- Team player, enthusiastic, strong communication, ability to work autonomously and ability to recognise when to implement recommendations or escalate issues
- Detail oriented
- Programming skills
- Knowledge of existing and upcoming regulation is a plus (Basel 3, FRTB etc)
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role