Credit Risk Reporting, Associate (1244587) London, England

JOB DESCRIPTION
Job title: Credit Risk Reporting Associate
Corporate Title: Associate
Department: Credit Risk Management
Location: EMEA

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:

The Credit Risk Management group is responsible for the credit analysis and monitoring of Nomura International counterparties. Our objectives are outlined below:

Credit Counterparty Risk - to protect the capital base of NIP plc against credit losses due to a counterparty default. This is achieved by approving appropriate credit limits and monitoring exposures against these limits
Underwriting risk - to advise Senior and Divisional Management of the potential credit risk of underwriting proposed debt or equity issues
Inventory Risk - to monitor inventory positions against approved credit policy
Transactions - to advise on the suitability of proposed principal investments assessing both valuation and credit measures in a combined report and to monitor the performance of such investments and report such performance in a formal quarterly report.
Credit Risk Reporting are a global team that reside within Credit Risk that are responsible for the design, implementation and maintenance of all reporting and dashboards used by Credit Risk Officers in their monitoring of the firms Credit Risk exposure.

Role overview:

This is an exciting opportunity for an associate to join the global Credit Risk reporting team and apply a range of problem-solving skills to help improve and strengthen the operational framework for credit risk management. Reporting into the head of Credit Risk reporting in London, the associate will work closely with Credit Risk Management on a number of BAU and project initiatives, and in the process will develop their knowledge base across Credit Risk Management and reporting practices.

Key objectives critical to success:

Working within the Credit Risk department you will be tasked with global reporting deliveries and provide support to the firm wide initiative of process automation. The role would be focused on the following:

  • Working with Credit Risk Officers directly in requirements gathering, design and implementation of new content or changes to existing content, as well as ongoing maintenance and adherence to reporting governance
  • Design and production of committee presentations and MI that deliver key messages coherently to regional and global senior management
  • Collaborate with Risk IT to ensure that reporting tools, systems and data models are effective for Credit Risk reporting purposes and assist them in the migration to strategic platforms and decommission of legacy technology
  • Work closely with regional and offshore credit risk infrastructure to understand exposure movements, risk exclusions and adjustments that are applied to the data sets
  • Collaborate with onshore and offshore market risk infrastructure functions in the resolution of risk engine, batch and data quality issues
  • Participate in change initiatives to ensure that proposed changes are not negatively impacting reporting through the preparation of test plans and both functional and regression testing
  • Support teams in each region to facilitate regulatory and adhoc data extraction, reporting & analysis requests
  • Transition end user computing to alternate strategic tools to find efficiencies in daily production and reduce the operational risk footprint of the group
  • Skills, experience, qualifications and knowledge required:

Essential

  • Bachelor’s/undergraduate University degree
  • 2-4 years of relevant experience in Credit Risk reporting or a regulatory reporting environment in a financial services institution
  • Strong financial product knowledge and an good working knowledge of standard Credit Risk measurement techniques
  • Excellent interpersonal skills with an ability to face off to stakeholders of varying levels of seniority
  • Able to work well under pressure either individually or collaborating across diverse groups within the organization
  • An ability to multi-task between BAU activities and project work whilst maintaining a clear view of the firms priorities
  • Advanced Excel/VBA and proficient in either Power BI or Tableau

Desirable

  • Programming capability in Python or R
  • Proficient knowledge of relational databases and data modelling e.g. SQL Server
  • Previous experience using data manipulation tools such as Alteryx
  • Static Report building tools such as SAP Business Objects or SSRS
  • Knowledge of Market Risk, sensitivities and risk measures

 

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