Business Analyst- Vice President

Job Description

Job title:Business AnalystCorporate Title: Vice President (Permanent) Department: Risk IT (Risk Engines) Location: London Company overviewNomura is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three businessdivisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For furtherinformation about Nomura, visit www.nomura.comDepartment overview:Risk IT is a global division responsible for the implementation, delivery and support of software used by the Risk Management division. Our systems calculate various counterparty and market risk metrics for the entire firms trading books, and provide userswith the means to query those results through a variety of UI and reporting tools.The Risk Engines group is a global group responsible for the systems which handle the exposure and stress calculations, across both Credit and Market Risk. We interact with business users such as the risk quantitative analysts and risk managers. The sheervolume of daily data means we have to consider innovative solutions to allow our compute and data storage capabilities to scale with the demands of increasing trade populations and regulatory-driven business requirements.Role description:Nomura currently has two global systems for determining Counterparty Credit Risk (CCR) for the firm: one for OTC derivatives, another for SFT products. As part of the firms Convergence Project Risk IT is merging the two systems into one, and hosting iton a public cloud platform (AWS). The successful candidate will work as a business analyst on this journey, specializing in trade simulation, aggregation (for metric calculations), and the reporting stages of the daily batch processes.The target architecture uses ActivePivot as its engine for metric calculation, with a data aggregation component in front of it called FlexAgg, which allows data to be joined across between different source types. This has been developed in-house and providesthe basis for building UI screens for both credit and market risk analysts. The successful candidate will need to understand and be able to work on the existing aggregation service, besides helping to build out the new ActivePivot-based platform on AWS. Asolid grounding in derivatives pricing is also desirable to understand the models implemented within the C++ simulation and pricing library for generating the trade-level exposure matrices consumed by the aggregation engines.Skills, experience, qualifications and knowledge required

• Evaluating business processes, anticipating requirements, uncovering areas for improvement, and developing and implementing solutions
• Good Understanding of Credit Risk Concepts - Credit Exposure, Expected Exposure(EEPE/EENE), JTD, Counterparty Risk, Collateral Management, XVA/CVA
• Understanding of Monte-Carlo simulation, quantitative financial modelling (IR, FX, equity & credit products)
• Working knowledge of relational database technologies and SQL
• Identify, analyze, and interpret trends or patterns in complex data sets
• Use of python for data analysis - Jupyter notebooks with pandas/numpy
• Strong oral and written communication skills and ability to facilitate discussions
• Technically proficient in Microsoft Office products, MS Project and Visio
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy

Desirable

• Market Risk - Basel 2.5, VaR, SVAR, Capital, Liquidity Risk, Private Equity & Investment Securities, Fundamental Review of Trading Book (FRTB), Standardized Based Approach and Internal Model Approaches etc., is highly preferable
• Proven working experience as a Data Analyst or Business Data Analyst
• Experience of Business Intelligence Tools(Business Objects, Tableau, MS Power BI, QlikSense etc)
• OLAP, OLTP, MDX Query
• Financial Certification preferably CFA or FRM

Education

• Bachelors/Masters Degree in Financial Engineering, Mathematics, Information Systems, Statistics or Equivalent Experience

Nomura competenciesTrusted Partner

• Understand clients needs and issues, and respond with high-quality proposals
• Acquire capabilities to perform ones 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 WorkThe UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who requirea Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified roleDiversity & Inclusion Nomura is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all our employees. We do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil par