Model Risk Validation Specialist (NYC)

Nomura Holdings, Inc.; New York (NY); On-site; USD 115,000 - 135,000; Full time

Job summary

Nomura Holdings, Inc. in New York seeks a Model Risk professional for Risk Model Validation within the Risk Management – Model Risk Management division. The role focuses on validating models, developing a robust framework, and overseeing the model lifecycle with emphasis on soundness and performance.

The ideal candidate holds a postgraduate quantitative degree and 1–3 years of Model Risk experience, with familiarity in econometrics, stochastic calculus, and R/Python for statistical programming.

Qualifications

• Postgraduate degree in a quantitative discipline is required.
• 1–3 years of experience in Model Risk.
• Familiarity with econometrics, stochastic calculus and statistical programming (R, Python).

Responsibilities

• Develop and enforce an effective Model Risk Management Framework.
• Independently validating, reviewing and approving Models for their intended uses.
• Assess conceptual soundness, sensitivity analyses, and model performance throughout the lifecycle.

Skills

Quantitative analysis

Econometrics

Stochastic calculus

Statistical programming

Education

Postgraduate degree in a quantitative discipline

Tools

R

Python

Job description

Nomura Holdings, Inc. in New York seeks a Model Risk professional for Risk Model Validation within the Risk Management – Model Risk Management division. The role focuses on validating models, developing a robust framework, and overseeing the model lifecycle with emphasis on soundness and performance.

The ideal candidate holds a postgraduate quantitative degree and 1–3 years of Model Risk experience, with familiarity in econometrics, stochastic calculus, and R/Python for statistical programming.