RSK-Model Validation Group at Nomura Holdings, inc.
Worldwide
<span class="jobdescription"><p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><u><span style="font-size:12.0pt;font-family:Arial, sans-serif;color:black"> </span></u></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black">Nomura Overview:</span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif">Nomura is a financial services group with an integrated global network. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking), and Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship</span><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif">, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit </span><a href="http://www.nomura.com"><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif">www.nomura.com</span></a><u><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif">.</span></u></p> <p style="margin:0.0cm 43.55pt 0.3pt 41.65pt;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif">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 across four international regions. </span></p> <p style="margin:0.0cm 43.55pt 0.3pt 41.65pt;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif"> </span></p> <p style="margin:0.0cm 43.55pt 0.3pt 41.65pt;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;line-height:113%;font-family:Arial, sans-serif">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. </span></p> <p style="text-align:justify;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="text-align:justify;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="text-align:justify;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"> </p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black">Divisional Overview:</span></strong></p> <p style="margin:0.0cm 0.0cm 7.5pt;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:#333333">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:</span></p> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:#333333">Market Risk Management</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:#333333">Credit Risk Management</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:#333333">Risk Methodology </span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:#333333">Model Risk Management</span></li> </ul> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"> </p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black">Business Overview:</span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:'Helvetica N Light'">Model Risk Management is a group within Risk Management headed by the Global Head of Model Risk responsible for: </span></p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:'Helvetica N Light'">(1) Executing and maintaining an effective Model Risk management framework. </span></p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:'Helvetica N Light'">(2) Producing a consolidated view of Model Risk for comparison with the Model Risk Appetite. </span></p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:'Helvetica N Light'">(3) Independently validating the integrity and comprehensiveness of the Models in the Firm. </span></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black">What We Offer:</span></strong></p> <ul style="list-style-type:square;margin-bottom:0.0cm;margin-top:0.0px"> <li style="text-align:justify;margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">We support employee wellbeing by ensuring a sense of purpose and belonging. </span></li> <li style="text-align:justify;margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">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. </span></li> <li style="text-align:justify;margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.</span></li> </ul><p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">The current position is for a Risk Model Validator in Market Risk modelling space. The candidate would be exposed to the below: </span></p> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">Advanced Quantitative Expertise: Gain deep exposure to risk modeling techniques</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">Comprehensive Market Risk Domain Knowledge: Develop expertise across major asset classes (Equity, FX, Credit, Commodities, Interest Rates) with hands-on experience in validating models across market and counterparty risk domain </span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">Regulatory & Model Validation Excellence: Build specialized knowledge in FRTB IMA & SA validation and interaction with various stakeholders on model approval processes </span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">Cross-Functional Interaction Skills: Collaboration with risk methodology quants, risk managers, risk change and Risk IT teams for carrying out validation activities</span></li> </ul> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black">Position Specifications:</span></strong></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;font-family:Arial, sans-serif;color:black"> </span></strong></p> <table class="MsoTableGrid" style="border:none" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr> <td style="width:112.0pt;border:solid windowtext 1.0pt;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Corporate Title</span></strong></p> </td> <td style="width:338.8pt;border:solid windowtext 1.0pt;border-left:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;line-height:11.0pt;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Associate</span></strong></p> </td> </tr> <tr> <td style="width:112.0pt;border:solid windowtext 1.0pt;border-top:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Functional Title</span></strong></p> </td> <td style="width:338.8pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;line-height:11.0pt;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Associate</span></strong></p> </td> </tr> <tr> <td style="width:112.0pt;border:solid windowtext 1.0pt;border-top:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Experience</span></strong></p> </td> <td style="width:338.8pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;line-height:11.0pt;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">2-5 years</span></strong></p> </td> </tr> <tr style="height:9.85pt"> <td style="width:112.0pt;border:solid windowtext 1.0pt;border-top:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Qualification</span></strong></p> </td> <td style="width:338.8pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;line-height:11.0pt;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Grad/PostGrad/Phd in a highly quantitative field</span></p> </td> </tr> <tr style="height:6.25pt"> <td style="width:112.0pt;border:solid windowtext 1.0pt;border-top:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Requisition No.</span></strong></p> </td> <td style="width:338.8pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;line-height:11.0pt;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">12705</span></p> </td> </tr> </tbody> </table> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif;color:black">Role & Responsibilities:</span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:12.0pt;line-height:115%;font-family:Arial, sans-serif;color:black"> </span></strong></p> <p style="margin:0.0cm 0.0cm 6.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">The current position is for a Risk Model Validator in Market Risk modelling space. Depending on the Book of Work, the models covered could range across</span></p> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">FRTB IMA and SA</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333"> Economic Risk Models</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333"> Stress Testing</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:#333333">B 2.5 Reg Cap</span></li> </ul> <p style="margin:0.0cm 0.0cm 6.0pt 36.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"> </p> <p style="margin:0.0cm 0.0cm 6.0pt 36.0pt;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:black">Validation tasks would include reviewing the </span></p> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:black">Conceptual soundness and the implementation of the model </span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:black">Model Risk Analysis</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:black">Preparation of model review documentation </span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:black">Review of Model Performance Monitoring</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;font-size:10.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif;color:black">Periodic Reviews of Models</span></li> </ul> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif">Mind Set:</span></strong><strong><span style="font-size:10.5pt;line-height:115%;font-family:Arial, sans-serif"> </span></strong></p> <p style="text-align:justify;line-height:115%;margin:0.0cm;font-size:12.0pt;font-family:'Times New Roman', serif"><strong><span style="font-family:Arial, sans-serif"> </span></strong></p> <table class="MsoTableGrid" style="width:467.55pt;border:none" border="1" cellspacing="0" cellpadding="0"> <tbody> <tr style="height:29.2pt"> <td style="width:101.5pt;border:solid windowtext 1.0pt;background-color:#002060;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif"> </span></strong></p> </td> <td style="width:191.9pt;border:solid windowtext 1.0pt;border-left:none;background-color:#002060;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:white">Mandatory</span></strong></p> </td> <td style="width:174.15pt;border:solid windowtext 1.0pt;border-left:none;background-color:#002060;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:white">Desired</span></strong></p> </td> </tr> <tr style="height:79.05pt"> <td style="width:101.5pt;border:solid windowtext 1.0pt;border-top:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Domain</span></strong></p> </td> <td style="width:191.9pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <ul style="margin-bottom:0.2pt;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">General financial products knowledge like options, futures and bonds</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Risk Models: Value at Risk, Stress VaR concepts, Backtesting VaR</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Understanding of derivative’s greeks and pnl calculation methodologies</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Risk Neutral Option pricing fundamentals</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Pricing of vanilla options for equity, FX and credit asset classes</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Understanding of model risk management standard, policy & procedures along with end-to-end model validation processes.</span></li> </ul> </td> <td style="width:174.15pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">Counterparty Risk Exposure models, Margin Models </span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">Stress Testing models</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">Interest Rate: Libor Market Model, HJM, Models of the short rate</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">Equity: Pricing of Exotic Payoffs (e.g. Barriers, Lookback, Asians etc.), Stochastic Volatility</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">Models for pricing exotic Equity Derivatives (Heston, Bates etc.)</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">Credit: Pricing of Credit Index Options etc, CVA calculation</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;font-size:12.0pt;font-family:Arial, sans-serif;color:black"><span style="font-size:10.0pt">FX: Pricing of plain vanilla and exotic FX derivatives (Barriers, Quantos etc.)</span></li> </ul> </td> </tr> <tr style="height:53.25pt"> <td style="width:101.5pt;border:solid windowtext 1.0pt;border-top:none;background-color:#d9d9d9;padding:0.0cm 5.4pt 0.0cm 5.4pt"> <p style="text-align:center;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><strong><span style="font-size:10.0pt;font-family:Arial, sans-serif;color:black">Technical</span></strong></p> </td> <td style="width:191.9pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <ul style="margin-bottom:0.2pt;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Basic understanding of stochastic calculus, statistics</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Good mathematical applications for calculus, linear algebra and probability</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Numerical techniques for derivatives pricing (Monte Carlo / Finite Difference)</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Comfort level with one or more programming languages, preferably python</span></li> </ul> </td> <td style="width:174.15pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0.0cm 5.4pt 0.0cm 5.4pt" valign="top"> <ul style="margin-bottom:0.2pt;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Familiarity with end-to-end development for model validation implementation testing and model risk analysis using SQL, Python, Python Flask, Java.</span></li> <li style="margin:0.0cm 0.0cm 0.2pt 0.0px;font-size:12.0pt;font-family:'Times New Roman', serif"><span style="font-size:10.0pt;font-family:Arial, sans-serif">Hands on experience with advanced libraries (preferably python) used for pricing simulation-based products and multivariate regression</span></li> </ul> </td> </tr> </tbody> </table> <p> </p><p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><em><span style="font-size:9.0pt;line-height:113%;font-family:Arial, sans-serif">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.</span></em></p> <p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><em><span style="font-size:9.0pt;line-height:113%;font-family:Arial, sans-serif"> </span></em></p> <p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><em><span style="font-size:8.0pt;line-height:113%;font-family:Arial, sans-serif"> </span></em></p> <p style="margin:0.0cm 43.55pt 0.3pt 0.0cm;text-align:justify;line-height:113%;font-size:12.0pt;font-family:'Times New Roman', serif"><em><span style="font-size:8.0pt;line-height:113%;font-family:Arial, sans-serif">*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.</span></em></p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"> </p> <p style="text-align:justify;margin:0.0cm;font-size:11.0pt;font-family:Calibri, sans-serif"><em><span style="font-size:8.0pt;font-family:Arial, sans-serif;color:black">*The benefits are subject to change and will be in accordance with Company’s policies as may be applicable from time to time). </span></em></p> </span>
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