Model Risk Validation Analyst

Nomura; New York (NY); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Competitive benefits package

Professional development opportunities

Job summary

Nomura is seeking a candidate for Model Risk Management within their Risk department in New York. The role involves developing a Model Risk Management Framework and independently validating models for use. Candidates should have a postgraduate degree in a quantitative discipline and 1-3 years of relevant experience.

The ideal candidate will be familiar with statistical programming and concepts related to Risk Models. Join us at Nomura to help navigate risk and make informed decisions in a rapidly changing market.

Qualifications

• 1-3 years of experience in Model Risk.
• Familiarity with econometrics and statistical programming.

Responsibilities

• Develop and enforce a Model Risk Management Framework.
• Validate, review and approve Models for their intended uses.
• Assess conceptual soundness and develop benchmark models.

Skills

Statistical programming (e.g. R, Python)

Model Risk Management

Econometrics

Stochastic calculus

Risk Models (e.g. VaR, Stress Testing)

Education

Postgraduate degree in a quantitative discipline

Job description

Nomura is seeking a candidate for Model Risk Management within their Risk department in New York. The role involves developing a Model Risk Management Framework and independently validating models for use. Candidates should have a postgraduate degree in a quantitative discipline and 1-3 years of relevant experience.

The ideal candidate will be familiar with statistical programming and concepts related to Risk Models. Join us at Nomura to help navigate risk and make informed decisions in a rapidly changing market.