RSK-Risk Methodology Group

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. The Risk Management Division in India comprises:

• Market Risk Management

• Credit Risk Management

• Quantitative Risk Management

• Operational Risk Management

• Data Integrity Group

• 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

• Work closely with the Stress Testing Group (STG), the Risk Methodologies Group (RMG) and Risk Model Validation Group (RMVG) on the projects related to Stress Testing Framework.

• Development and periodic update of proto-type models with special attention to the model related to Market risk and Counterparty Credit Risk.

• Implementation of stress testing 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 act as a subject matter expert for the stress testing models and providing support to the model users (i.e. stress testing group) and be a key point of contact with respect to such models.

• Work on the stress testing guidelines, perform firm wide analysis to assess the impact of stress testing models and support in quantitative impact study (QIS).

• Create strategic tools for stress testing models using python.

• Perform model performance monitoring tests on the stress testing models.

• Participate in periodic review of models and calibration of model parameters.

• Provide necessary support to Model validation group/Audit team during validation of stress testing models including any model change on an ongoing basis .

• 2-6 years of experience either in Market risk or Credit risk with good understanding of risk modelling.

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

• Good knowledge of Python, SQL, VBA.

• Good understating of financial products (Bonds, Derivatives)

• A strong Mathematical/Statistical background.

• Actuaries (Cleared at least 3 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).