Credit Risk Structured Credit

Corporate Title : Vice President

Department : Risk Management

Location : New York

The pay range for this position at commencement of employment is expected to be between $145,000 and $175,00 / year

Company Overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions : Wealth Management, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm isbuilt on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon's Benefit Index®, Nomura's benefits rank #1 amongst our competitors

Department Overview

Credit Risk Management (CRM), as the second line of defense, 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 counterparty and structure. The department also assigns internal credit ratings, and establishes and manages credit risk limits in accordance with the risk tolerance.

The Corporate Credit Risk Team is looking for a dynamic individual at the Vice President level to support coverage a range of Nomura's structured credit businesses.

Role Description

• Analyze credit risk of structured credit transactions within the Asset-Backed Lending, Lender Finance, Trade Finance, and certain other Private Credit products, primarily consisting of receivables / payables / inventory financing.
• Scope of work includes, but is not limited to, fundamental financial analysis, evaluation of deal structures, review of legal terms & conditions, and coordinating credit approval processes including senior-level briefings.
• The position will involve ownership of analyzing & assigning internal credit ratings, evaluating major risks & risk mitigants of new transactions and preparation of internal memorandums to document decision rationale.
• Propose structural changes for new & existing transactions as required to manage higher risk situations or those that are experiencing negative credit trends.
• Participate in and lead counterparty due diligence discussions via calls and on-site visits with clients' or borrowers' management teams.
• Provide feedback on structuring of key commercial / legal terms in conjunction with other control areas including Legal / Finance.
• Own & manage a portfolio of Investment Grade & Sub-Investment Grade credit exposures, including ensuring timely credit reviews, participation in periodic lender calls, and holistic portfolio reviews.
• Track developments in regulatory & industry-specific operating environments, and monitor counterparty credit profile or changes in external ratings. Ensure pro-active socialization and / or escalation of such developments as needed.
• Participate in various firm-wide projects within Risk and Business colleagues across regions, including regular and ad-hoc portfolio / limit reviews.
• Ability to mentor and support development of junior members of the team.

Skills, Experience, Qualifications and Knowledge Required

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department / team performance, and market factors".

Nomura is an Equal Opportunity Employer