Credit Risk Analyst Job in Mumbai at Nomura Holdings

Nomura Holdings is hiring for the role of Credit Risk Analyst!

Responsibilities of the Candidate:

• Be responsible for independently reviewing and monitoring counterparties within the Financial Institutions portfolio, which includes Banks, Brokers, Central Clearing counterparties, Mortgage Originators, Insurers, and other Financial Institutions. Specifically, you will:
• Write credit reviews recommending credit ratings for Counterparty’s trading with the bank. This includes an evaluation of the Counterparty’s business model, its credit profile, macro-economic and sector trends, financial analysis, performance vs its peers, etc.
• Perform in-depth sector and peer reviews, highlighting key trends, growing risks, and possible risk mitigation to be undertaken by the firm. 
• Participate in due diligence calls.
• Monitor the performance of counterparties and closely track developments related to the counterparty, industry, economy, regulations, markets, etc., which could adversely impact the credit profile of the counterparty. Where necessary, detailed notes with the view/outlook and appropriate risk management action will have to be sent to Senior Management within the Risk Division.
• Assist regional analysts in setting and negotiating credit terms to be included in legal agreements with the counterparty.
• Present at various forums on critical developments
• Determining Nomura’s trading capacity by assigning risk appetite to counterparties
• Set or rationalise credit limits in conjunction with business activity with the counterparty.
• Investigate limit excesses by liaising with Front Office, Operations and Exposure Analytics team, to determine the cause and escalate genuine breaches as per Credit Policies
• Analyse stressed exposure under various scenarios and provide commentary on the same.
• Participate in ad-hoc projects related to rating methodology, portfolio monitoring, regulatory requirements, etc.

Requirements:

• 1-2 years’ experience in writing credit rating reviews on Financial Institutions (Banks and/or Broker dealers)
• Professional degree holders such as CAs, MBAs from reputed institutes or CFA.
• Prior experience in analysing Banks / broker-dealers is a must.
• Must have excellent communication skills, both verbal and written.
• Ability to work in a global set-up, multi-tasking and handling several tasks and stakeholders independently.
• Self-starter with the willingness to work independently and flexibly in a challenging environment.
• Strong analytical skills and flexible thinking across disciplines.