Company Overview
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs over 27,000 staff worldwide. Nomura’s unique understanding of Asia enables the company to make a difference for clients through three business divisions: retail, asset management, and wholesale (global markets and investment banking).
Department Overview
The Risk Management Department at Nomura is broadly organised according to the main risk classes; Credit Risk Management, Market Risk Management, Operational Risk Management and New Products/Business.
The Risk Management team works to provide a firm wide capital management framework, which takes into account the availability and cost of capital, its effective utilization within and across business lines and the overall capital adequacy of the firm. Risk Management's key activities include ensuring transparency and effectively managing market, credit, liquidity, concentration and tail risk within the risk appetite of the firm and monitoring the effectiveness of capital utilization through the use of limit structures, with an emphasis on stress testing and risk adjusted returns on capital efficiency measures.
As part of the substitutive global Book of Work covering both regulatory and incremental business change there is a requirement for a strong delivery focused business analyst to work across a number of initiatives on a global basis.
Role Description: Business Analyst
Reporting to the Programme Manager, role will comprise the following responsibilities:
- Facilitating the gathering of business requirements detailing current and best fit future state requirements for tactical and strategic solutions balancing speed to market, cost and benefit delivered.
- Work with the key stakeholders (Front Office, Risk Methodology, Risk Reporting and Risk IT) to ensure all requirements surrounding the end to end process are clearly understood and appropriate, clear solutions are designed, documented and implemented.
- Translating requirements into functional/non-functional requirements and collaborating with development teams for them to produce the technical design. Validate requirements through interrogating data sources.
- Own body of work, acting as single point of contact with development teams if/should questions arise during the build. Escalate issues to the Project Manager and follow the appropriate governance structure of the programme.
- Develop “best practice” analysis documentation standards to clearly define and communicate the business requirements and design & implementation of the most appropriate solutions to meet those requirements.
- Support data analysis needed to determine and finalise requirements.
- Understand key regulations (e.g. BCBS 239) to ensure requirements are in line with regulatory guidelines.
Skills, experience, qualifications and knowledge required
Must Have
- Risk Management experience in a trading book environment.
- Experience working on Credit Risk Projects as a Business Analyst.
- Knowledge of key risk metrics such as PFE, EPE, EEPE
- Knowledge of sensitivities and risk analytics and how stresses are applied
- Proven experience facilitating the elicitation of requirements from end users and translating them to user, functional and non-functional requirements for Development Teams. Work with development teams (IT) to clarify that design meets requirements.
- Good working knowledge of credit risk modelling frameworks and processes
- Detailed understanding of credit risk limit exposure management processes
- Functional and User Test case preparation and execution to validate requirements delivered.
- Detailed knowledge of all Microsoft Office products, i.e. Word, Excel, Power Point, Project & Visio
- Working knowledge of multi-dimensional cubes e.g. SSAS, ActivePivot preferable.
- Detailed data analysis experience using SQL, Python
- Experience with Jira and Confluence an advantage
- Experience with SQL, Python,
Behavioural Traits
- Attention to detail and high quality standards of documentation, processes and control environment.
- Excellent communication and organisation skills.
- An ability to influence people.
- Strong analytical skills.
- The ability to be a “self-starter”, working without supervision and a proactive approach. Candidates must be open to challenges from their peers and must be willing to work under the direction of peer team members who may be leading pieces of work.
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. If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.
Nomura competencies
Trusted Partner
- Understand clients’ needs and issues, and respond with high-quality proposals
- Acquire capabilities to perform one’s responsibilities and contribute to being a Trusted Partner
Entrepreneurial leadership
- Produce new ideas that might challenge the status-quo or oneself
Teamwork Collaboration
- Seek advice from senior colleagues and utilize it for improved results
- Collaborate with members from relevant departments
Influence
- Contribute to the success of the organization both quantitatively and qualitatively, and act with awareness of the impact on others
- Serve as role model and provide guidance to junior employees
Integrity
- Have a good understanding of corporate philosophy, professional ethics, compliance, risk management, and code of conduct, and make decisions and take actions accordingly
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers from outside the EEA coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the EEA (who require a Tier 2 (General) visa) we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA.
Please contact us if you are visiting our offices and require any form of personal assistance or physical adaptations to be provided for your appointment. A member of staff will be happy to help.
Nomura is an Equal Opportunity Employer