Quant | Model Validation & Valuation Risk AVP

Nomura Holdings, Inc.; Hinoba-an; On-site; PHP 1,649,000 - 3,299,000; Full time

Benefits offered by this job

Wellbeing programs

Job summary

Nomura Services India Private Limited seeks an Associate/Sr. Associate/AVP in the Model Validation Group to validate valuation and pricing models across derivative pricing and risk systems. You will work on Front Office models and model risk assessment.

You will develop validation tooling, review model assumptions, and communicate findings with regional stakeholders while supporting multiple projects within Global Markets and Investment Banking.

Qualifications

• Graduate/Postgraduate with strong quantitative/engineering background or PGDM Finance.
• Experience in model development or validation, preferably for derivative pricing models.
• Knowledge of valuation/control/risk models and model risk concepts.

Responsibilities

• Review valuation/control models and validate alignment with objective and use.
• Develop tools for implementation testing to ensure production models reflect theory.
• Assess integrity and suitability of model parameters.
• Analyze model assumptions and quantify model risk.
• Prepare model validation documentation for stakeholders.
• Communicate findings with regional leadership and manage multiple projects.

Skills

Model validation

Derivative pricing

Risk models

VaR exposure

Excel VBA

Python

Education

Quant/Engineering degree

Tools

MS Excel

VBA

Python

Job description

Nomura Services India Private Limited seeks an Associate/Sr. Associate/AVP in the Model Validation Group to validate valuation and pricing models across derivative pricing and risk systems. You will work on Front Office models and model risk assessment.

You will develop validation tooling, review model assumptions, and communicate findings with regional stakeholders while supporting multiple projects within Global Markets and Investment Banking.