# 2027 Risk Management Summer Analyst Program [Nomura](https://www.jorb.ai/firms/nomura.md) · New York · United States · [Risk & Compliance](https://www.jorb.ai/jobs/risk-compliance.md) Nomura is hiring a 2027 Risk Management Summer Analyst Program in New York. Posted 2026-08-20; applications close 2026-10-19. **Apply**: https://nomuracampus.tal.net/vx/lang-en-GB/mobile-0/appcentre-1/brand-4/xf-f4819ae710ba/candidate/so/pm/1/pl/1/opp/1537-2027-Risk-Management-Summer-Analyst-Program/en-GB Posted 1d ago. ## Role details ## 2027 Risk Management Summer Analyst Program ### Company Overview Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura serves 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. ### Risk Management Overview The Americas Risk Management Division provides independent oversight of the firm’s financial and non-financial risks, including but not limited to credit risk, market risk, and operational risk. This function is crucial to the successful performance of the firm and helps us deliver innovative financial solutions. Risk Management works closely with Global Markets, Investment Banking, Finance, Legal, Compliance, and Operations. ### About Our Summer Analyst Program - The Summer Analyst Program runs for 10 weeks. - Analysts have extensive contact with Nomura professionals at all levels through discussion groups, seminars, and informal social functions. - The program is an integral component of full-time recruiting. - Please note this is not a rotational program. - Summer Analysts are expected to have the same level of exposure as a first-year Analyst, with a hands-on opportunity to participate as full members of the team. - Summer Analysts are expected to build effective working relationships and demonstrate commitment to the firm’s goals and values. - During the internship, Summer Analysts work closely with a peer and interact regularly with a senior mentor. ## What Roles You Might Play ### Credit Risk - Assist Credit Officers in analyzing credit quality of various counterparty types, including funds (hedge funds, private equity, and mutual funds), financial institutions (banks, broker-dealers, mortgage originators, insurance companies, and REITs), and/or corporations. - Evaluate proposed transactions for suitable credit quality. - Conduct industry research to identify trends. - Help develop ad-hoc reports based on business needs. ### Market Risk - Broad involvement in risk management of traded positions, with exposure to cash and derivatives products across fixed income and equities. - Embedded within the Market Risk team and work closely with market risk managers to understand the behavior of financial products and the market risk metrics used to manage trading activity. ### Operational Risk Management (ORM) - Help protect the firm from non-financial risks such as process failures, technology and cyber risk, fraud, conduct issues, and third-party risk. - As an intern, sit in ORM’s independent 2nd Line of Defense role, providing effective challenge to business units across the firm on identification, assessment, and management of their risks. - Support deep-dive reviews to test whether the right processes and controls are in place and identify material risks/control gaps. ### Risk Methodology Group (RMG) - Develop a robust risk modelling framework to quantify potential downside or losses at both the trade and portfolio level. - Support use of models in regulatory or economic capital calculations, limit monitoring, trade approval, and management reporting. - Market Risk Analytics (MRA), part of RMG, leads research, review, development, testing, and enhancement of all components of the VaR model consistent with internal requests and regulatory requirements. - Work extensively on the development of the new regulatory capital model required for future regulation (FRTB). ### Model Validation Group (MVG) - Gain hands-on exposure to independent validation and governance of quantitative models used across trading and risk functions. - Assist experienced model validators with reviewing model documentation, evaluating conceptual soundness, analyzing model assumptions and limitations, and supporting the preparation of validation reports. - Responsibilities may include processing data, performing statistical analyses, benchmarking model outputs against alternative approaches, and documenting findings for review by senior team members and stakeholders (including Front Office Quants and model users). ### New Business - Work with a team that provides governance and administration over businesses new to Nomura. - Gain exposure to Nomura’s products traded on a flow basis, including cash and derivatives. - Coordinate the approval process for transactions reviewed by equity, debt, and other committees with deal teams and corporate functions. ### Risk Reporting - Support the overall governance, support, and management of the risk reporting process and platform. - Design risk reports and dashboards; implement reporting-related controls and governance; and ensure smooth functioning of reporting tools. - Participate in and drive projects to enhance reporting and the data infrastructure. ### Risk Infrastructure - Support overall governance and the firm’s Market Risk platform. - Manage and validate data integrity and consistency, exposure metric validation, risk limit management, and risk reporting. - Assist Risk Managers with resolving data quality issues and take corrective actions. - Drive data management strategy for Risk and help develop flexible, scalable data architectures to meet new regulatory requirements. - Ensure relationships between reference data, trade attributes, instrument data, and transaction data are maintained; validate input data; reconcile reported data. - Provide ad-hoc risk views and drill-down analysis of less transparent risks and issues of importance to senior Risk Management and the firm. ## Desired Skillset - Outstanding academic qualifications. - Strong communication and interpersonal relationship skills. - Strong organizational and time management skills. - Motivated self-starter with a working knowledge of the financial services industry and a desire to develop their skills. - Strong Microsoft Office skills. ## Requirements - GPA of 3.5+. - Pursuing a Bachelor’s Degree (preferably Business, Economics, Accounting, or Finance). - Graduating between December 2027 and June 2028. - Applicants for this position in the Risk Management Division of NHA must be currently authorized to work for any employer in the United States. - The Risk Management Division is not currently sponsoring or taking over sponsorship of employment visas for this position now or in the future, including for CPT, OPT, etc. ## Salary The intern position has a set base salary at an annualized rate of $95,000 per year. This is a non-exempt position eligible for overtime in accordance with applicable state and federal laws. ## Applying to this role This 2027 Risk Management Summer Analyst Program role at Nomura runs through the firm's own careers portal and expects a CV and cover letter written specifically for the posting, not a portable submission carried across firms. Jorb AI's application agent tailors a CV and cover letter from your background to this posting and tracks the role alongside the rest of your applications. [Tailor this application](https://www.jorb.ai/signup?ref=job-atom&firm=nomura&job=6a875dbd101dcd1ab5d3a3a5) ## More open roles at Nomura - [Analyst, Credit Sales](https://www.jorb.ai/jobs/6a7ecb5dfbfef5da014e0871.md) – Singapore, posted 7d ago - [Rates Derivatives Trade Support Analyst](https://www.jorb.ai/jobs/6a7c98cfa7a1e61fc7bcc8ff.md) – New York, posted 9d ago - [Software Engineer (Associate) - GMIT Trade Processing](https://www.jorb.ai/jobs/6a4f8ea6fdabac575959503f.md) – London, posted 1mo ago - [Wholesale Strategy Analyst](https://www.jorb.ai/jobs/6a4eaddf0b0b170d634692dc.md) – New York, posted 1mo ago - [Sales Support Analyst](https://www.jorb.ai/jobs/6a6ec105f0cabc97777f4031.md) – New York, posted 19d ago ## Other open Risk & Compliance roles - [2027 Firm Risk Management Summer Analyst Program (Singapore)](https://www.jorb.ai/jobs/6a44600ef0a594deddfba619.md) at [Morgan Stanley](https://www.jorb.ai/firms/morgan-stanley.md) – Singapore, posted 1mo ago - [2027 Institutional Equity Division Business Control Unit Industrial Placement Program (Hong Kong)](https://www.jorb.ai/jobs/6a44600ef0a594deddfba63d.md) at [Morgan Stanley](https://www.jorb.ai/firms/morgan-stanley.md) – Hong Kong, posted 1mo ago - [Quantitative Analyst Intern](https://www.jorb.ai/jobs/6a8481c003e2f02e63348bd7.md) at [Crédit Agricole](https://www.jorb.ai/firms/cr-dit-agricole.md) – London, posted 3d ago - [T&T Analyst - Cyber Defence & Resilience - Crisis & Resilience - SG](https://www.jorb.ai/jobs/69f860d22cbfc4ea14c415e5.md) at [Deloitte](https://www.jorb.ai/firms/deloitte.md) – Singapore, posted 3mo ago - [Credit Portfolio Risk Analyst](https://www.jorb.ai/jobs/6a65163f6382f2d94f6f7dd6.md) at [SMBC](https://www.jorb.ai/firms/smbc.md) – New York, posted 9mo ago --- Updated: 2026-08-22 Canonical: https://www.jorb.ai/jobs/6a875dbd101dcd1ab5d3a3a5