Head of Liquidity Stress Modeling (Executive Director)

Job Title

• Head of Liquidity Stress Modeling (Executive Director)

Department

• Treasury

Location

• London, United Kingdom

Job Type

• Permanent

Department Overview

• Treasury liquidity risks related to Nomura’s global capital-based business, including risk management, liquidity management, and internal requirements.

Core Responsibilities

• Evaluate the site's ability to meet the demands of clients, supervisors, investors, and internal requesters

Strategy, Governance, and Methodology

• Develop robust methodologies for modeling the liquidity of risk scenarios, including stress scenarios.
• Develop and review a list of all liquidity and credit risk exposures
• Develop stress testing and reporting models—ensuring they are fit for purpose
• Ensure alignment with liquid capital management strategies and best practices

Model Development & Governance

• Develop and maintain liquidity risk models and procedures for the model risk management framework
• Develop robust models for the development, validation, and back-testing of complex stress models across all asset classes
• Strengthen document compliance and ensure consistent application across markets
• Model development, including design, build, validation, model implementation, model development reviews, monitoring, and governance cycles
• Assess the liquidity position for new products and markets

Regulatory and Stakeholder Management

• Primary local team leader for regulatory initiatives and LFAR requests
• Liaise with central and peripheral liquidity risk management teams
• Prepare materials for the Board, Group Committee, Supervisors, Board Committee, SIFRI, SSRI, and ILR firms
• Participate in the Regulations and Risk Working Groups, the Regulators, Audit, and IT Forum

Team Leadership

• Leading a team of 4 specialists based in London, New York, and London
• Design and implement a work plan to foster an environment that encourages collaboration among high-performing, multicultural, and diverse teams
• Ensure ongoing communication and effective coordination across all levels and locations
• Engage employees in a variety of learning opportunities and training to develop their skills
• Leverages cross-regional collaboration and innovation to drive growth

Business Partnership

• Work closely with various stakeholder functions across the firm
• Provide strategic advice and support to senior management
• Collaborate with other business units to deliver innovative solutions for clients
• Promote a positive culture of teamwork and professional development

Requirements

• Additional skills in model development, validation, governance, back-testing, statistical modeling, and scenario analysis using large, complex datasets
• Expert user of programming languages (Python, SQL, R) and visualization/prototyping platforms (Palisades, Power BI, etc.)
• A passion for clean, scalable, and maintainable technical solutions that minimize non-value-added activities while delivering outstanding solutions to complex challenges
• A confident communicator who can clearly explain complex technical concepts to diverse audiences (both technical and non-technical) at the organizational level, building trust across teams while earning respect
• Strong ability to manage errors, with meticulous attention to detail, accuracy, and the ability to deliver under pressure while meeting tight regulatory and management deadlines
• Advanced skills in model development, validation, governance, back-testing, statistical modeling, and scenario analysis using large, complex datasets

Benefits

• Employee Discounts: Enjoy discounts on products and services from our partners.
• Flexible Work Arrangements: We support flexible work arrangements to accommodate individual circumstances.
• Professional Development: Opportunities for continuous learning and development to advance your career.
• Collaborative Culture: Be a part of