Senior Stress Testing Analyst - Credit & Market Risk

Nomura Holdings, Inc.; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

Nomura Holdings, Inc. in the United Kingdom seeks a specialist in stress testing to advance risk models for market and counterparty credit risk. You will develop prototype models, implement them into risk systems, and ensure regulatory alignment with governance processes.

Join a team within the Risk Management Division and collaborate with validation, treasury and other groups to deliver robust, auditable stress testing solutions using Python and GitLab workflows.

Qualifications

• Experience in market or credit risk with risk modelling.
• Strong mathematical and statistical knowledge.
• Masters in a related field.
• Proficiency in Python, SQL, Matlab, VBA.
• Knowledge of financial products (bonds, derivatives).
• FRM/PRM/CFA certification would be advantageous.
• Experience with stress testing or regulatory models is preferred.

Responsibilities

• Collaborate with Stress Testing Group and Validation to develop frameworks.
• Develop and update prototype models for market risk and counterparty credit risk.
• Implement stress testing models into risk systems with governance documentation.
• Act as SME for stress testing models and support model users.
• Work on stress testing guidelines and conduct firm-wide analyses.
• Create strategic tools for stress testing using Python and GitLab migration.
• Participate in model reviews and parameter calibration.
• Support validation and audit during model changes.

Skills

Risk modelling

Mathematical background

Probability & statistics

Monte Carlo methods

AI applications

Education

MSc in a related discipline

Actuarial CT papers

FRM/PRM/CFA awareness

Tools

Python

SQL

Matlab

VBA

GitLab

Job description

Nomura Holdings, Inc. in the United Kingdom seeks a specialist in stress testing to advance risk models for market and counterparty credit risk. You will develop prototype models, implement them into risk systems, and ensure regulatory alignment with governance processes.

Join a team within the Risk Management Division and collaborate with validation, treasury and other groups to deliver robust, auditable stress testing solutions using Python and GitLab workflows.