Liquidity Stress Modeling Specialist - Vice President

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Job Code: 13495

Country: US

City:
New York

Skill Category:
Finance

Description:

Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions:
Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. 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  .

Aon’s Benefit Index ® , Nomura’s benefits rank #1 amongst our competitors

Department overview:

Treasury is an established function within the Finance division at Nomura, with responsibility for all aspects of unsecured funding and to manage liquidity and funding in accordance with board-mandated stress tests and in compliance with regulatory liquidity requirements. The department has teams across Tokyo, London, Frankfurt, New York, Singapore, and Mumbai.

The department is organised into the below functions:

Funding – execution of the firm’s unsecured financing activities and liquidity pool investment, together with currency management.

Regulatory Liquidity Reporting & Data – responsible to ensure regulatory liquidity reporting is complete, accurate, and timely. Design, implement & maintain regulatory reporting control, governance, and escalation frameworks.

Asset Liability Management - managing risks arising from mismatches between assets and liabilities.

• It functions by implementing an effective financial management framework including fund transfer pricing, interest rate risk management and resource optimization hence enhancing its risk management, improve decision-making, and ultimately strengthen its overall financial performance.

Liquidity Management –

• Liquidity Strategies, Forecasting and Analytics – covers forecasting & management of compliance with liquidity metrics
• Liquidity Stress Modeling – develop and enhance internal stress testing framework and assumptions, scenario/ sensitivity analysis, model back-testing, testing and implementation of liquidity stress assumptions
• Regional Liquidity Management - covers regional aspects of liquidity risk management including liquidity analysis, Policy and framework reviews, Contingency Funding Plan, ILAAP and other regulatory requirements

Role description:

The Liquidity management framework is applied on a Global basis and is used as the primary driver to determine the firm’s Funding Plan and associated Funds Transfer Pricing policy and approach.

The individual will be member of the Liquidity Stress Modeling team, supporting the development and enhancement of the firmwide liquidity stress models. The individual will work closely with Businesses and Regional Liquidity Management across the globe.

Role Responsibilities:

• Oversee/ Lead the development of stress testing models across global markets and investment banking products, including application of quantitative and qualitative techniques
• Establish model performance monitoring and periodic review of stress assumptions
• Evaluating liquidity risk through data analysis and business insights
• New Product liquidity impact modeling and sensitivity analysis
• Development of Funds Transfer Pricing…