What are the responsibilities and job description for the Credit Risk Manager - Hedge Funds & Private Equity position at Nomura?
Job description:
Department Overview:
Credit Risk Management (CRM) is a key function in protecting and making sure we take prudent risk for Nomura.
Credit Risk Management is looking to hire a Vice President responsible for managing counterparty credit risk with focus on Hedge Funds, Private Equity, and other alternative asset.
Our team underwrites clients while assigning internal credit rating and establishing and managing credit risk limits. The team also evaluates transactions and approves, rejects, or modifies them considering the credit quality.
Role description:
- Assess creditworthiness of clients and assign appropriate internal credit ratings and determine credit exposure appetite across traded products utilizing firm risk models
- Perform client due diligence and financial analysis and summarize in written credit approval memos and reviews
- Review and approve trading activity, margin requirements and structural enhancements to transactions
- Negotiate legal documentation for traded products while having a good understanding of associated covenants
- Maintain updated credit research on a portfolio of clients while reviewing reports, monitoring covenants, analyzing exposure and managing credit risk appetite
- Collaborate with business, market risk, and cross functional teams while evaluating transactions withing hedge funds, and private equities (fund financing, FX/IR hedging, DCFX, etc); providing recommendations and suggesting alternatives if required to optimize outcome
- Participate in firm wide projects
- Demonstrated ability to mentor junior members of the team
Skills, experience, qualifications and knowledge required:
- At least 8 years of relevant experience, with understanding of market fundamentals within funds space across trading strategies.
- Experience in both hedge funds and private equity transactions / structures preferred
- Knowledge of a range of traded products, and accounting
- Credit / Market risk experience required
- Interest in markets and ability to assess impact on the sector / portfolio
- Advising and/or assisting teams in a fast-paced, high-pressure environment with the ability to prioritize and complete tasks within team environment
- Advising or assisting multi-disciplinary teams across complex engagements with multiple workstreams and stakeholders
- Leveraging effective business writing and verbal skills, including leveraging negotiation and consensus-building to achieve results
- Demonstrating business and project management acumen, executive presence and professionalism
- Proficient in Excel, Powerpoint and Word