Credit Risk - Financial Institutions

Job description: The pay range for this position at commencement of employment is expected to be between $160,000 and $185,000/year * (see below footnote for additional compensation and benefits information).Department Overview:Nomura's Risk department plays a crucial role in identifying, assessing, and mitigating risks across our business. We strive to protect the firm's assets, reputation, and financial stability by implementing robust risk management practices. Join our team and contribute to our proactive approach in managing risks, allowing us to make informed decisions and thrive in an ever-changing market environment.Role Description:Credit Officer will cover a portfolio in the Financial Institutions sector across North America and Latam, main responsibilities include: Credit Risk Analysis, both quantitative and qualitative, across Commercial Banks, Broker-Dealers, Insurance Companies, CCP’s, Mortgage Originators and Mortgage REITS Assigning internal credit ratings and limits, monitoring exposure usage for any limit breaches and recommending corrective actions Approval of daily trade requests for products including Derivatives (FX, Rates, Equities, Credit), Repo, Stock Lending, MBS etc. Analysis of complex/structured transactions. Presenting Credit Risk recommendation to senior Risk Management and to Transaction Committees Structuring trading terms in conjunction with other areas including Global Markets, Legal, Finance and Middle Office Tracking developments related to regulatory, Industry, Counterparty, external ratings and taking appropriate actions Leading Counterparty due diligence via calls as well as in-person visits Conduct periodic portfolio reviews for sectors within the Financial Institutions space  Other Responsibilities: Leading and contributing to global risk change initiatives which includes global coordination across Risk and Business colleagues geared toward internal or external / regulatory driven enhancements Mentoring the junior members of the team and implementing team level initiatives   Skills, experience, qualifications and knowledge required: 7+ years of Credit Risk experience covering Financial Institutions Strong familiarity with financial statement analysis and credit risk metrics Strong understanding of traded products in the Fixed Income and Equities spaces, including prior experience in covering Securitized Products (RMBS/CMBS) Experience in covering Insurance Companies, including strong understanding of insurance underwriting guidelines and industry regulations Experience in negotiating credit terms for legal documentation (ISDA/CSA, MRA, MSLA, MSFTA)