Stress Testing Analyst

Nomura Holdings, Inc.; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Nomura’s Risk Management Department seeks an STG Analyst to support analysis and reporting of stress results across risk classes. The role involves capital planning submissions (ICAAP, FWST), analyzing a broad set of stress metrics and presenting insights to stakeholders and committees.

You will collaborate with Risk Methodology and IT to enhance stress testing tools and methodologies. This position offers exposure to a wide range of risk management disciplines and opportunities to influence

Qualifications

• Financial instruments knowledge through coursework, certifications (CFA, FRM, PRM), or professional experience.
• Experience in Python, VBA or equivalent language.
• Minimum 3 years of experience working in an investment bank within a risk management team.
• Bachelor's degree in Economics, Finance, Mathematics, Statistics, Engineering, or related quantitative field.
• Active interest in financial markets and their behaviour under varying economic conditions.
• Demonstrable ability to build relationships at all levels.

Responsibilities

• Perform stress testing at the firm-wide level across all risk classes and at trading book levels.
• Support capital planning & regulatory submissions (ICAAP, FWST).
• Analyse BAU stress results across stress metrics and present findings to stakeholders.
• Develop tactical IT tools/prototypes for scenario calibration and analysis of stress results.
• Collaborate with Risk Methodology and IT to enhance stress testing systems.

Skills

Financial instruments knowledge

Python

VBA

Risk management experience

Communication

Autonomy

Analytical skills

Stress testing

Education

Bachelor's degree in a quantitative field

Job description

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com

Department overview:

The Risk Management Department provides senior management with an independent view of the principal risks taken by individual business units. The Risk Department at Nomura is broadly organised according to the main risk classes: Market Risk Management (Market), Credit Risk Management (Credit), Operational Risk and Risk Methodology.

Stress Testing Group (STG) Facilitates:

• Perform stress testing at the firm-wide level across all risk classes (market, credit, operational, liquidity risks) as well as within risk class and trading book levels;
• Feed stress testing results into other business processes such as stressed revenues, capital planning, decision making and regulatory capital;
• Satisfy the regulators’ scenario requests and other infrastructure and control requirements.

STG is looking for analyst to join the team to support the analysis and reporting of stress results. The role will involve assisting with global and regional capital planning & regulatory capital submissions (e.g. ICAAP, Nomura Holdings Firm Wide Stress Testing (FWST)), analysing BAU stress results across a range of stress metrics and presenting results to stakeholders and committees. The role provides the opportunity to gain exposure across a wide range of risk management disciples.

Additional responsibilities will be to work with Risk Methodology in the improvement and development of stress testing methodologies, involvement in building tactical IT solutions / prototypes and working closely with IT to deliver enhancements to the strategic Stress Testing systems.

Key objectives critical to success:

• Working with other team members and other teams (Risk, IT, Finance) towards the implementation of the strategic operating model:
  • Designing improvements to streamline the stress testing process, implementing these improvements to stress testing operating model to provide effective key risk management information to senior management
  • Investigation and analysis of stress results
  • Develop tactical tools / prototypes for scenario calibration and analysis of stress results
  • Based on tactical prototypes, help define STG procedures and strategic IT requirements
• Answer ad-hoc requests around stress testing process, data and results to Risk Managers, and other stakeholders. Have strong analytical skills to dissect overall numbers into its principal components.
• Building relationships within STG and across Risk Management, Risk IT and other departments to ensure timely and consistent delivery.
• Identifying top and emerging risk events that could significantly impact the firm and performing scenario analysis as needed

Skills, experience, qualifications and knowledge required:

• Demonstrated knowledge of financial instruments (derivatives, fixed income, equities) through coursework, certifications (CFA, FRM, PRM), or professional experience
• Experience in Python, VBA or equivalent language.
• Minimum 3 years of experience working in an investment bank within a risk management team
• Bachelor's degree in Economics, Finance, Mathematics, Statistics, Engineering, or related quantitative field
• Active interest in financial markets and their behaviour under varying economic conditions.
• Demonstrable ability and confidence to build relationships at all levels
• Ability to work autonomously and ability to recognize when to implement recommendations or escalation issues
• Strong organizational skills and ability to work under pressure, with aptitude to learn and improve processes.
• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion: Respect DEI, foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER : This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.