Internal Auditor Market Risk

Pay Range: $160,000 – $180,000 per year (salary plus potential bonuses and equity). Company Overview: Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates, and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. Department Overview Global Internal Audit provides independent assurance to senior management and the Board, reinforcing the firm’s sound risk culture and control environment. We operate across major financial centers and collaborate closely with the First and Second Lines of Defense to evaluate and enhance governance, risk management, and regulatory compliance. Role Overview The Internal Auditor (VP) – Market Risk Management acts as the functional Subject Matter Expert for assessing the Second Line of Defense (2LoD) oversight of market risks within Nomura’s Global Markets businesses. The auditor will evaluate how Market Risk functions identify, measure, monitor, and report risk exposures and how risk appetite frameworks translate across asset classes, products, and regions. This role focuses exclusively on market risk management audits. Familiarity with FRTB and other market risk capitalization frameworks is important for collaboration with the Model Risk and Valuation audit SMEs. Responsibilities Lead or co‑lead audits of Market Risk Management functions within the 2LoD, covering traded products and regional risk oversight teams. Assess the design and operating effectiveness of risk governance frameworks, including limit structures, escalation processes, and risk appetite adherence. Evaluate how Market Risk functions identify and assess emerging risks, including new products, trading strategies, market events, and changes in market conditions or liquidity. Evaluate the reliability and governance of risk metrics such as VaR, expected shortfall, stress metrics, sensitivities, and FRTB‑related measures. Review monitoring and challenge processes applied to trading desk performance, market events, and emerging risk indicators. Evaluate governance over risk data aggregation and reporting, including data quality controls, reconciliation processes, management information accuracy, and escalation of data quality issues. Develop and execute data‑driven testing procedures to identify unusual patterns, control weaknesses, or governance gaps. Apply AI‑assisted techniques to enhance audit risk coverage, automate control testing, or improve documentation review. Communicate audit findings and recommendations to Global Market Risk Management supporting remediation and continuous improvement. Ensure audit conclusions align with expectations under Basel III / FRTB, SR 11‑7, and relevant regulators such as SEC, CFTC/NFA, PRA, FCA, BaFin, and JFSA. Qualifications 7–10 years of experience in Internal Audit, Market Risk, or risk‑related functions within an investment bank or financial institution. Bachelor’s or master’s degree in finance, economics, mathematics, statistics, engineering, or a related quantitative discipline. Professional certifications (FRM, CFA, CPA, CIA) preferred. Exceptional analytical, communication, and problem‑solving skills with proven ability to present technical findings to senior stakeholders. Demonstrated experience leading complex market risk audits across multiple jurisdictions or asset classes. Ability to work effectively within a small, global audit team and manage stakeholder relationships across functions and regions. Preferred Attributes Genuine curiosity about market dynamics, risk measurement, and emerging trends across risk disciplines. Ability to balance independent challenge with constructive engagement across Nomura’s global Risk and Product teams. Commitment to excellence and continuous improvement within a dynamic audit environment. Leadership Behaviors Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. Evaluate all options for resolving problems and effectively prioritize actions or recommendations. Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing. Foster a culture of inclusion and psychological safety in the workplace and cultivate a risk culture of challenge, escalation, and respect. Nomura is an Equal Opportunity Employer. #J-18808-Ljbffr Nomura