FO Risk COO

Credit Risk Management (CRM), as the second line of defence, is a key function in protecting and making sure that we take prudent risk for Nomura. The group evaluates transactions and approves, rejects, or modifies them depending on the credit quality of each counter party and structure. The department also assigns internal credit ratings, and establishes and manages credit risk limits in accordance with the risk tolerance.

The Corporate / Structured Credit Risk Team is looking for a dynamic individual at the Vice President level to support coverage of Nomura’s Trade Finance businesses.

• Business Management & Governance
• Act as a key liaison between Front Office Risk and senior leadership across trading, sales, and control functions.
• Support the COO in managing the operational structure, governance, and strategic agenda of the Front Office Risk team.
• Drive risk governance forums, including the preparation of materials for risk committees, senior management updates, and regulatory engagements.
• Ensure compliance with internal and external regulatory requirements by working closely with Compliance, Legal, and Audit teams.
• Oversee the implementation of policies, controls, and escalation frameworks to ensure adherence to Nomura’s risk appetite.
• Support the monitoring and reporting of key risk metrics, stress testing results, and portfolio exposures to ensure timely risk identification and mitigation.
• Coordinate risk reviews, risk factor analysis, and scenario calibration in collaboration with Market Risk and Quantitative Risk teams.
• Enhance the firm’s stress testing and risk factor sensitivity analysis to provide actionable insights to trading desks.
• Manage risk escalation frameworks including limits, policies, and escalation processes and provide guidance on risk mitigation strategies.
• Operational Efficiency & Process Improvement
• Identify and drive process automation and technology enhancements to improve risk data aggregation, reporting, and decision-making.
• Work closely with IT and Data teams to enhance risk systems, streamline workflows, and improve risk analytics capabilities.
• Optimize Front Office Risk operations by standardizing procedures and improving efficiency in reporting and governance processes.
• Strategic Initiatives & Change Management
• Lead and execute strategic projects that enhance the effectiveness of the Front Office Risk function, such as regulatory initiatives, stress testing enhancements, and collateral risk framework improvements.
• Collaborate with global teams across Nomura’s regions (US, EMEA, APAC, Japan) to align risk management frameworks and best practices.
• Manage cross-functional projects related to capital optimization, risk model enhancements, and regulatory compliance.
• Partner with Front Office and Risk Technology teams to implement next-generation risk management tools.
• Collaborate with the front office and risk management teams to identify areas for improvement in risk monitoring, reporting, and controls.
• Leadership & Stakeholder Management
• Provide leadership and guidance to junior risk managers, business analysts, and project managers within the COO function.
• Build strong relationships with Trading, Structuring, Prime Brokerage, and Treasury teams to align risk strategies with business objectives.
• Act as a representative for the Front Office Risk COO in key forums, meetings, and regulatory discussions.