Vice President, FO Risk and P&L Strats

London, England, United Kingdom

7/1/2025

Job description:

Job Title:                      FO Risk and P&L StratsCorporate Title:           Vice PresidentDepartment:                Global Markets DivisionLocation:                     London, UK

 

Department Overview

Nomura's Global Markets Division handles client transactions for financial institutions, corporates, governments and investment funds around the world. We act as market makers, trading in fixed income and equity securities, including currencies, interest rates and credit in cash, derivatives and structured products. We have taken market-leading positions across the globe by leveraging the strength of our talent, client relationships and technology.

 

By developing strong relationships with our client base through consistent interaction, independent advice and pre-eminent access to Asia, we have built a powerful global franchise across interest rates, currency and credit products. Our client services cover both high-volume flow products and carefully tailored structured solutions. We have adapted to the changing financial landscape to build a client centric focus differentiated by innovation, electronic and service excellence and market-leading derivatives capabilities.

 

Position Overview

Seeking an experienced Vice President to join the FO Risk and P&L Strats team, focusing on risk analytics and PnL attribution for the Flow Rates trading desk. The role involves close partnership with traders to enhance their understanding of portfolio risk and performance drivers.

Key Responsibilities

• Perform detailed PnL attribution analysis to identify key performance drivers
• Enhance existing intraday risk management framework and methodologies
• Create and enhance risk visualization tools for trading desk consumption
• Provide real-time analytics support during market events
• Partner with traders to deepen their understanding of portfolio behaviour

Required Qualifications

• Advanced degree in Mathematics, Physics, Engineering, or related quantitative field
• 7-10 years of experience in rates markets with focus on risk analytics
• Deep understanding of fixed income products including:
• Government bond markets and sovereign debt dynamics
• Interest rate swaps and derivatives
• Risk sensitivities and Greeks
• Yield curve mechanics and basis risks
• Experience working with intraday risk systems
• Proven track record in developing risk analytics frameworks

Technical Skills

• Expertise in PnL attribution methodologies
• Strong understanding of market risk metrics
• Advanced knowledge of risk decomposition techniques
• Proficiency in data analysis and visualization
• Ability to prototype solutions using Python/Excel

Soft Skills

• Excellent ability to explain complex risk concepts to traders
• Strong interpersonal skills for daily desk interaction
• Ability to remain calm under pressure during market stress
• Detail-oriented with strong problem-solving capabilities

This role offers an opportunity to work directly with front-office trading teams, providing critical risk insights and analytics support in a dynamic market environment.

 

Nomura competencies 

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  

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).