Associate, Market Risk Manager (Singapore)

Job Title: Market Risk Manager
Corporate Title: Associate
Department: Risk
Location: Singapore
Licensed Role: No

Role Overview:
The management of Market risk is a key business priority for Nomura and is vital to the successful delivery of the firm's strategy. The AeJ Market risk team has responsibility for the development of Market risk management for the region, including:
Developing the Market risk strategy and governance framework in line with the Global Market risk management and regulatory framework
Establishing a set of Market risk services to support the business areas management of Market risk
Developing the tools and templates to allow the effective collection, review and use of Market risk information
Through a team of Market Risk Managers, effectively working with different stakeholders across the business to embed a Market risk culture throughout the organisation
Supporting the Senior Market Risk Managers in the performance of their responsibilities

Role Description:
Market Risk Management is looking to hire a Market Risk Manager to participate in covering Singapore based business in AEJ Macro, CVA and Treasury. The risk analyst will also be responsible for overseeing day to day market risk management governance processes and covering Singapore regulatory reporting as well as maintaining market risk oversight on Singapore legal entities. The successful candidate will gain experience across AEJ Rates, FX and Credit as well as core G10 currencies products and markets.

Support the senior regional risk managers in terms of their daily risk monitoring
Daily review of key market news and positions taken and key changes
Liaise regularly with Front Office trading and structuring in the implementation of risk controls and ensure that issues identified (limit breach, incomplete or inadequate risk monitoring, system problems) are addressed in timely manner.
Ensure that daily risk and limit reports are produced timely to trading, senior management and regulatory stakeholders
Ensure VAR and capital components are reviewed, commented and signed off daily.
Review of stress test scenarios, results and provide commentaries of key drivers
Review market risk regulatory reporting and stress testing results submitted to Singapore regulators
Work closely and manage relationships with groups outside of Market Risk, such as Credit Risk, Research, Quantitative Research, Finance, Product Control, Middle Office, Market Risk Technology, Regulatory, and Internal Audit.

Skills, experience, qualifications, and knowledge required:

Minimum 3+ years of experience in market risk function
Demonstrated experience monitoring or analysing Macro (FX and rates) products
Practical experience market risk processes (e.g. VAR limits, stress testing)
Bachelor or Post graduate degree in a quantitative field preferred
Knowledgeable about developed and AEJ emerging markets
Ability to work autonomously and willingness to get involved and take responsibility for area covered.
Proficiency in Excel, VBA, python programing preferred
Strong analytical, communication and independent problem solving skills and able to deliver under tight deadlines.
Energetic, independent with aptitude to learn and improve processes.
Strong team player who can interact and work well with front office, senior risk managers and other control functions

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: Respect DEI, foster a culture of psychological safety in the workplace and cultivate a Risk Culture (Challenge, Escalate and Respect).