Model Risk Audit VP — Quantitative Specialist

Nomura Holdings, Inc.; Singapore; On-site; SGD 140,000 - 210,000; Full time

Job summary

Nomura Holdings, Inc. in Singapore seeks a Vice President to join Internal Audit as a Model Quantitative Specialist Auditor. This global role leads or participates in model risk audits across pricing, risk, and capital models, coordinating with regional teams to ensure regulatory compliance.

The candidate will contribute to data analytics, automated testing, and AI-enabled audit processes while engaging with senior stakeholders across the firm. Strong quantitative skills are essential.

Qualifications

• Master's degree in quantitative sciences with model development/validation experience at a major financial institution or Big 4.
• 5+ years’ experience in pricing or risk model design, development, calibration, stress testing and validation; Counterparty Credit Risk (CCR) modelling
• Strong background in quantitative finance, stochastic calculus, statistics and numerical methods
• Ability to code in Python; familiarity with data analytics tooling; interest in AI/Agentic AI applications for model risk or audit processes
• Experience across asset classes and experience in risk managing derivative products
• Audit experience is a plus
• Excellent communication and stakeholder engagement across senior management

Responsibilities

• Assessing the firm's model risk management practices against regulatory standards such as SR 26-2, JFSA, UKPRA, BAFIN and ECB requirements
• Assist in annual risk assessments of Model risk related auditable entities
• Performing assessments of the effectiveness of the firm's model risk management controls across models lifecycle including development and independent validation processes
• Perform continuous monitoring of the firm's Model risk
• Effectively collaborate with other Global and Regional audit teams and deliver assistance where needed
• Contribute specialist coverage of counterparty credit risk (CCR) models as part of regional coverage plan
• Identifying and formulating solutions to issues around Model Risk management
• Tracking implementation of recommended processes and procedures designed to strengthen internal controls
• Support the development and implementation of data analytics, automated testing, and AI/Agentic AI applications for model risk and audit-related processes (e.g., automated testing, documentation review, anomaly detection)

Skills

Quantitative finance

Stochastic calculus

Statistics

Numerical methods

Model validation

Project management

Communication with senior management

Education

Master's in quantitative sciences

Tools

Python

Job description

Nomura Holdings, Inc. in Singapore seeks a Vice President to join Internal Audit as a Model Quantitative Specialist Auditor. This global role leads or participates in model risk audits across pricing, risk, and capital models, coordinating with regional teams to ensure regulatory compliance.

The candidate will contribute to data analytics, automated testing, and AI-enabled audit processes while engaging with senior stakeholders across the firm. Strong quantitative skills are essential.