Agent
Jobs
Applied
Tracker
Profile
    1. Jobs for you
    2. Job

    Job · 14631393

    Nomura Holdings logo

    RSK-Risk Methodology Group

    Nomura Holdings · Mumbai · onsite · Posted 53d ago

    Not disclosed10–12 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Division 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 that 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 Unit Overview:

    Credit Risk Analytics (CRA) group develops the quantitative methodologies used to measure counterparty credit risk provides analyses and consultation on credit risk quantification, participates in global efforts on modelling credit risk exposure.

    This team is responsible for the enhancement and methodological support of PRISM, the global counterparty credit exposure measurement system, to accommodate new business needs and maintain compliance with major regulatory standards, including SEC/NFA, PRA, and J-FSA. The team works to support business and risk managers on live structured derivatives transactions and handles various regulatory requirements including backtesting, Model Performance Monitoring (MPM), stress testing, model reviews, calibration, User Acceptance Testing, and documentation of models.

    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

    Vice President

    Functional Title

    Vice President

    Experience

    10+ years

    Qualification

    Masters in Quantitative discipline (B.E/B. Tech+, M. Tech, MSc (Maths/Stats), Econometrics)

    Requisition No.

    The group has a vacancy for a Vice President in the Mumbai office the role is a permanent position.

    Role & Responsibilities:

    • To be a technical lead for the Mumbai CRA team focusing on OTC derivatives model development related work. Help the team understand Quant framework and to enable them to apply theory to practice.
    • Provide analyses and consultation on credit risk quantification. Participate in global efforts on modeling credit risk exposure.
    • Work closely with global development teams on implementation of models and systems
    • Implementation of risk models into strategic risk system (this includes developing methodology, building prototype, writing technical business requirement document, performing model testing, ensure compliance with regulatory requirements and liaising with model validation group).
    • To work on various regulatory requirements, Model performance reviews, Calibration, and to work on ad-hoc risk models as per business requirements.

    Key Skills:

    Mandatory

    Domain

    • Competitive knowledge of Derivatives product, Derivatives pricing theory including underlying Stochastic Calculus, Counterparty exposure concepts, Regulatory regimes.
    • 10+ years of experience working within FO/risk methodology/model validation areas preferably as a model developer
    • Understanding of source code version control using Git and hands-on experience of writing unit test
    • Masters/PhD in a quantitative discipline
    • Strong command over Python and MS-Excel/ VBA
    • Strong verbal skills and ability of scientific writing for model and testing documentation
    • Delivery focussed with the ability to work well under pressure and meet deadlines under compressed timescales
    • Organisational skills, multi-tasking and detail oriented

    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, color, 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).

    Sourced from foundit

    Skills

    Counterparty exposure conceptsRegulatory regimesSource code version control using Gitexcel vbaModel Validationstochastic calculusPythonderivatives pricing theory

    About Nomura Holdings

    Nomura Holdings logo

    Nomura Holdings

    Investment Banking / Venture Capital / Private Equity

    4.2k+

    employees

    1925

    101 years old

    Mumbai, Maharashtra

    India

    ₹15.1L PA avg

    Avg at Nomura Holdings

    About

    Nomura Holdings is a premier financial services group, offering diverse solutions globally while prioritizing client-focused strategies and ethical practices.

    Industries

    Financial Services

    Employee ratings

    10 reviews

    3.7/ 5

    Culture

    3.8

    Career growth

    3.0

    Work-life

    3.8

    Employees rate it well for

    Job Security38Company Culture37

    Find them on

    WebsiteLinkedInAmbitionBox reviews

    RSK-Risk Methodology Group · waiting for your command