IFO-Infrastructure Others

NOMURA
NOMURA

Other Engineering

Mumbai, Maharashtra, India

Posted on Jun 17, 2026

Nomura Overview:

Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Nomura Services, India supports the group’s global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group’s global operations across four international regions.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas.

Business Overview:

  • Requirements gathering, testing and documentation for regulatory compliance and transformational risk management initiatives.
  • Analyse complex risk data flows, calculation engines, and reporting processes to identify gaps and architect robust solutions aligned with enterprise risk appetite.
  • Execute projects in adherence with the Nomura governance standards delivering well defined business outcomes.
  • cross-functional collaboration between Risk, Technology, Operations, and Compliance teams while gathering business requirement & functional requirement.
  • Translating business requirements into technical specifications for risk platforms, coordinate system integrations with stakeholders.
  • Maintaining cutting-edge regulatory knowledge, conduct industry benchmarking, and drive continuous improvement through feedback loops and best practice implementation.

What We Offer:

  • We support employee wellbeing by ensuring a sense of purpose and belonging.
  • We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
  • Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title

Associate (PM)

Experience

5- 8 years

Qualification

MBA, FRM, CFA, CQF etc

Role & Responsibilities:

  • Business Analyst with 5 to 8 years of relevant experience in the Risk domain, particularly Market Risk.
  • Working as a business analyst and project manager in Market Risk Change projects in International Change and work with local and regional stakeholders to deliver on the project book of work.
  • Independently manage medium to large projects through the lifecycle and prepare business analysis documents proficiently (business requirement documents, functional specifications, data matrix, workflow diagrams etc.)
  • Run test management processes for medium to large scale projects (Test Strategy/Approach documentation, managing User Acceptance Testing, building test plans and test scenarios, building implementation plans.)
  • Ability to plan the project delivery milestones (L0/L1 planning) and prepare project reports (weekly project update, monthly status update, highlighting risks, issues and their mitigation steps)
  • Assist stakeholder businesses with their tactical/strategic solution requirements, services and/or program.
  • Must be able to work with Technology, Risk Management, Risk Middle Office, and Front Office to identify and maximize opportunities that help in delivery of projects and to improve product, service and program business processes.
  • Must have the ability to work with a team, learn and train people on various subjects, structure the project governance model and work together with regional counterparts to devise induction framework for all the resources entering into the project.

Mind Set:

Mandatory

Desired

  • Domain

  • Strong understanding of capital market products and derivatives across asset classes
  • Good knowledge of the Market Risk domain with project experience in areas like computation of risk measures (VaR, IRC, ES etc.), management of risk limits, risk reporting etc.
  • Skilled in performing data analysis and understanding data models for computation of risk measures
  • Good understanding of the Basel norms, particularly FRTB and Basel 2.5 standards
  • Ability to operate in both agile and waterfall style project methodologies and understand deliverables required for each methodology
  • Attention to detail and high-quality standards of documentation, processes and control environment
  • Experience in the full E2E systems delivery lifecycle (SDLC)

Detailed knowledge of all Microsoft Office products, i.e. Word, Excel, Power Point, Project and Visio.

  • Excellent communication, organization, prioritisation and documentation skills
  • Deals comfortably with ambiguity – Stays on target to complete goals regardless of obstacles or adverse circumstances
  • Ability to identify any inefficiencies in processes and suggest ideas for automation and/or operating model changes.
  • Proficiency in database, virtualization and BI solutions – SQL, Python, Dremio, PowerBI, Alteryx, Tableau etc.
  • Flexibility – adapts effectively to changing plans, domains and priorities; Is open and flexible when faced with changing project constraints.
  • Excellent and demonstrable understanding of “best practice” approaches to functional testing especially User Acceptance Testing.

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer’s responsibilities, sexual orientation, gender identity, gender expression, race, colour, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time).