Credit Risk - Project Finance VP

Title: Credit Risk – Project Finance VP

Corporate Title : Vice President

Department : Risk

Location: NYC

The pay range for this position at commencement of employment is expected to be between $150,000 and $175,000/year * (see below footnote for additional compensation and benefits information).

Company Overview

Nomura is a global financial services group with an integrated network spanning approximately 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, Investment 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 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 / Structured Credit Risk Team is looking for a dynamic individual at the Vice President level to support coverage of Nomura’s Infrastructure Power Businesses (IPB) consisting of asset classes such as Solar, CCGT, Datacenter, Fiber, BESS, LNG, Wind, etc. These asset classes in various stages such as development, construction, and operational.

Role Description

• Analyze credit risks associated with transaction in the infrastructure and power sector across multiple asset types, including power & energy, transportation, and digital infrastructure. Experience in renewable power project financing preferred.
• Ability to complete due diligence, lead and manage multiple deals in various stages, and manage a portfolio of credits across infrastructure and power debt transactions and hedging instruments. Due diligence of projects includes understanding and interaction with technical, environmental, insurance, tax and market consultants.
• Work closely with the front office deal team, Market Risk, Legal, Finance, and other internal groups.
• Identify risks affecting the business for IPF credits. Analyze recurring EBITDA, credit statistics, and projected financials and form a credit view.
• Perform financial analysis for the borrowers. Analyze an array of financial metrics to assess the value of a business, determine debt capacity and understand the financial risks associated with the project.
• Present credit view and recommendation of the transactions to CRO, CFO, CCO and other key senior professionals
• Establishes and manages credit risk limits in accordance with the risk tolerance for corporate derivate transactions
• Negotiate ISDA terms, working closely with legal counsels.
• Apply fundamental credit analysis and various analytical tools to develop risk rating recommendations.
• Manage a portfolio of counterparties including and ensuring timely completion of semi and annual credit reviews and global/regional portfolio reviews.
  
  

Skills, Experience, Qualifications And Knowledge Required

• 5 years of relevant transaction experience, with understanding of market fundamentals within infrastructure (e.g. transportation, industrial, telecom, water, social, storage, transmission, oil & gas) and Power (e.g. conventional and renewable energy generation, natural resources & gas distribution)
• Experience in both developed market and emerging market transactions / structures preferred
• Knowledge of a range of debt / hedging products
• Advising and/or assisting teams in a fast-paced, high-pressure environment with the ability to prioritize and complete tasks according to project needs
• 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
  
  

Nomura Leadership Behaviors

• 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 : Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
• base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
  
  

If hired in the U.S., 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