Associate - Financial Institutions Team - EMEA

The EMEA Financial Institutions team covers around 400 Financial Institutions across Europe, Middle East and Africa. As a member of the team you will:

- Be responsible for independently reviewing and monitoring counterparties within the EMEA Financial Institutions portfolio, which includes Banks, Brokers, Insurers, and other Financial Institutions. Specifically, you will

- Write credit reviews and recommend credit ratings to senior management for approval. This includes an evaluation of the Counterparty's business model, its credit profile, macro-economic and sector trends, CAMEL analysis, performance vs its peers etc. These are for existing Counterparty's as well as new clients to be on-boarded

- Perform in-depth sector and peer reviews at appropriate frequency, highlighting key trends, growing risks and possible risk mitigation to be undertaken by the firm

- Participate in due diligence calls and prepare analytical summaries for transactions

- Assist the credit officers in setting and negotiating credit terms to be included in legal agreements with the counterparty

- Monitor the performance of counterparties and also closely track developments related to the counterparty, industry, economy, regulations, markets etc. which could adversely impact the credit profile of the counterparty. Where necessary, detailed notes with the view/outlook and appropriate risk management action will have to be sent to Senior Management within the Risk Division

- Determining Nomura's trading capacity by assigning risk appetite to counterparties

- Set or rationalize credit limits in conjunction with business activity with the counterparty

- Investigate and close limit excesses by liaising with Front Office, Operations and Exposure Analytics team, to determine the cause and escalate genuine breaches as per Credit Policies

- Analyze stressed exposure under various scenarios, and provide commentary on the same

- Present to senior management at various forums on critical developments, areas of risk and sector / regulatory developments

- Prepare material and commentary for various senior management / regulatory asks

- Participate in projects related to rating methodology, portfolio monitoring, regulatory requirements etc.