RSK-Risk Methodology Group (11364)

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 Methodologies Group (RMG) has the mandate to develop / enhance risk models in line with internal and regulatory requirements and to back-test VaR against Hypo and clean PnL. 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, and the back-testing group of adjusting and updating Hypo PnL using adjustments provided by various different systems. The group works extensively on the regulatory capital model, including the proposed regulation, fundamental review of trading book (FRTB).

Vice President

8 - 10 years

Need to have expertise on all FRTB capital models as well as PLA/ RFET. Need to have already worked on SA and IMA models

Experience with handling stakeholder requests (typically FO and Risk Managers)

Strong Market Risk RWA modelling background (preferably on FRTB SA and IMA models) and coding skills in Python

Good in SQL / Excel. Even basic ability is acceptable.

Gitlab understanding.

VaR / Greeks / clarity in risk management.

8-10 years of experience in Market risk with good understanding of risk modelling.

Good understanding of mathematical concepts like probability, statistics, calculus, linear algebra.

Good understating of financial products (Bonds, Derivatives)

A strong Mathematical/Statistical background.

Actuaries (Cleared at least 5 CT papers) would be advantage

FRM/PRM/CFA certification would be added advantage

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).