Nomura Overview:

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment 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.

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.

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 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. The Risk Management Division in India comprises:

• Market Risk Management
• Credit Risk Management
• Quantitative Risk Management
• Operational Risk Management
• Data Integrity Group

Business Unit Overview:

The Risk Methodologies Group (RMG) has the mandate to develop / enhance risk models in line with internal and regulatory requirements, perform ongoing model performance and conduct SIMM/VaR back-testing. The methodologies side of the group has the critical task of owning all the risk models that are used for computing capital adequacy for the whole firm, used for internal regulatory reporting and thus ensuring they meet business and regulatory standards. RMG team comprises of five functions working on models covering Market Risk, Economic capital, Market and counterparty Stress Testing, FRTB and Model Performance & Monitoring under one umbrella.

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:

Role & Responsibilities:

• Develop, review and implement advanced models for credit, market, event, and economic capital risk (VaR, IRC, tail risk) using sophisticated analytical and optimization techniques

• Execute end-to-end model lifecycle management: design, calibration, validation, performance monitoring, and maintenance ensuring accuracy, computational efficiency, and regulatory compliance

• Conduct quantitative analysis including add-on calculations, offline capital computations, and scenario modeling to support pre-trade decisions and optimize capital allocation

• Lead methodology projects encompassing model development, system migrations, prototype building, model performance and implementation of cutting-edge risk frameworks

• Build analytical tools and frameworks for offline calculation of economic and regulatory capital metrics

• Collaborate cross-functionally with Risk Managers, Risk IT, and validation teams throughout the model lifecycle

Mind Set:

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).