Model Risk Validator – Securitized Products

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

Job summary

Nomura Holdings, Inc. in New York is seeking an Associate for the Model Validation Group to validate models used in mortgage and securitized products. You will evaluate model soundness, monitoring frameworks, and outcomes, and quantify model risk with robust documentation.

The role requires 1–3 years of experience in model validation, strong Python/R/SQL skills, and excellent communication. This is a full‑time, on‑site position in New York with competitive compensation and benefits.

Qualifications

• 1–3 years of model validation experience at a major financial institution.
• PhD/PG degree in Statistics, Mathematics, Physics, computing science or related field.
• Strong programming skills in Python, R, SQL.
• Excellent verbal and written communication; team player.

Responsibilities

• Validate models used across the Agency mortgage and securitized products businesses.
• Evaluate model soundness, monitoring frameworks, and outcomes.
• Identify and quantify potential model risk and robustness of outputs.
• Produce validation documentation and risk-based assessments.
• Execute model risk management processes, reviews and monitoring.

Skills

Python

R

SQL

Communication

Education

PhD / Postgraduate degree in Statistics, Mathematics, Physics or Computing Science

Tools

MBS/ABS models

Interest rate modelling

Risk models

Job description

Nomura Holdings, Inc. in New York is seeking an Associate for the Model Validation Group to validate models used in mortgage and securitized products. You will evaluate model soundness, monitoring frameworks, and outcomes, and quantify model risk with robust documentation.

The role requires 1–3 years of experience in model validation, strong Python/R/SQL skills, and excellent communication. This is a full‑time, on‑site position in New York with competitive compensation and benefits.