Market Risk Middle Office Manager (VP)

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Nomura
  • 08 Jan 18 2018-01-08

MRMO provides governance and control of Nomura's Market Risk Management department.

MRMO provides governance and control of Nomura's Market Risk Management department.

Core activities relate to procedural management that ensures the Regulatory Compliance of our European entities.

Supervision of the end to end production of VaR, Stressed VaR, IRC, CRM, Stress Scenarios and similar processes in line with the terms of Nomura's IMA permission waiver.

Delivery of management, capitol and regulatory reporting in line with firm wide governance and regulation (BCBS239, FDSF)

Key objectives critical to success:

  • Execution of MRMO business processes in line with Nomura's Market Risk procedures (Daily Sign off / Adjustments / Market Risk Add On / NEHS Capital Assurance)
  • Delivery of continual process improvements to address procedural control gaps (self-identified RCSA / Audit point)
  • Monitoring of the service levels / issues / problems encountered with the Risk Infrastructure used to produce the Market Risk Metrics with Production Services team.
  • Senior stakeholder management / interaction (Executive Director / Managing Director level)
  • Established peer relationships with the Market Risk Management team
  • Established point of contact for MRMO EMEA daily decisions and escalations
  • Delivery of revisions to MRMO procedure / operating models / resources as required by upcoming regulatory and strategic projects
  • Team members have career objectives set in adherence with Nomura's Global Performance Management framework and are managed / mentored accordingly.