VP, Model Risk & Securitized Mortgage Analytics

Finsight Group Inc; New York, Northern (NY, KY); Hybrid; USD 160,000 - 185,000; Full time

Job summary

Nomura is seeking a VP-level professional for Model Risk – Securitized Products in New York. The role validates models used in Agency mortgage and securitized products, focusing on soundness, monitoring, and risk assessment. A Ph.D.

in a quantitative field with 3–5 years of relevant experience is required. The position involves producing comprehensive validation documentation, presenting findings to senior stakeholders, and collaborating across teams to challenge assumptions while upholding risk

Qualifications

• Ph.D. in a quantitative discipline strongly preferred; Master's with exceptional experience considered.
• 3–5 years in model validation or front-office quantitative group at a major financial institution.
• Hands-on experience with mortgage pool- and loan-level data to identify drivers of prepayment and default.
• Proven ability to build/validate Agency MBS prepayment and mortgage credit models.
• Strong knowledge of U.S. mortgage market, survival analysis, time-series forecasting, and ML techniques.
• Advanced proficiency in Python, R, and SQL for modeling and data analysis.

Responsibilities

• Validate models used across Agency mortgage and securitized products businesses.
• Evaluate model conceptual soundness, monitoring frameworks, and outcomes for intended use.
• Identify, analyze, and quantify potential model risk including calibration and robustness.
• Produce validation documentation with findings and risk-based assessments.
• Present validation results to senior management and governance committees.
• Build collaborative partnerships while maintaining independent challenge.

Skills

Python

R

SQL

Statistical modeling

Time-series forecasting

Machine learning

Mortgage modeling

MBS prepayment models

Model risk assessment

Education

Ph.D. in quantitative field

Master's degree relevant field

Tools

Python

R

SQL

Job description

Nomura is seeking a VP-level professional for Model Risk – Securitized Products in New York. The role validates models used in Agency mortgage and securitized products, focusing on soundness, monitoring, and risk assessment. A Ph.D.

in a quantitative field with 3–5 years of relevant experience is required. The position involves producing comprehensive validation documentation, presenting findings to senior stakeholders, and collaborating across teams to challenge assumptions while upholding risk